Actuarial Consultant | DB Pensions in England
Actuarial Consultant | DB Pensions

Actuarial Consultant | DB Pensions in England

England Full-Time 40000 - 50000 £ / year (est.) No home office possible
Barnett Waddingham

At a Glance

  • Tasks: Calculate complex member calculations and support client projects in DB pensions.
  • Company: Dynamic consultancy firm focused on delivering clear advice in pensions.
  • Benefits: Competitive bonus, private medical cover, up to 30 days holiday, and gym membership support.
  • Other info: Exciting opportunities for career development and training for junior members.
  • Why this job: Join a team where you can grow into a Client Account Manager and make a real impact.
  • Qualifications: Actuarial qualifications or progress towards them, with DB pensions experience preferred.

The predicted salary is between 40000 - 50000 £ per year.

We are seeking Actuarial Consultants to join our team. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying with 3–4+ years’ experience. The role could also be suitable for members of an actuarial team who are keen to move into a consulting role, including those working toward qualification with a view to ultimately progressing to a Scheme Actuary or Corporate Actuary position.

Our services are designed to support trustees and employers by delivering pragmatic advice that brings clarity to complex issues such as investing assets, de-risking, longevity, risk management, and the impact of legislative changes. We undertake a range of services for clients, including full-service actuarial consulting, investment consultancy, and standalone projects such as mergers and acquisitions. DB pensions experience is essential.

Snapshot of your day:

  • Calculate complex individual member calculations, check straightforward calculations and progress to checking more complex calculations.
  • Undertake the bulk of the calculations for an actuarial valuation.
  • Review draft client reports and advice and draft member communications.
  • Work with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice.
  • Aim to become a Client Account Manager for a number of clients and start taking on a number of Client Account Manager duties.
  • Attend client meetings and take an active role where applicable.
  • Support various types of client projects and work with our corporate team on a wide range of areas.
  • General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed.
  • Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams.
  • Design and management of surveys and use statistical techniques in order to analyse and interpret the quantitative data collected.
  • Use a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions.
  • Assist with developing the practice area services, assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material.
  • Research new and/or technical topics and report back to the team.
  • Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team.

We would love to hear from you if you have:

  • Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams.
  • Good IT skills and presentation skills.
  • DB pensions experience or a solid understanding of the basics of pensions.

What’s in it for you:

  • Competitive discretionary annual bonus.
  • Core benefits for you including private medical cover, life assurance (x4 - x10), group income protection (65%), and up to 30 days holiday per year with holiday trading.
  • A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.

Actuarial Consultant | DB Pensions in England employer: Barnett Waddingham

Join a dynamic team as an Actuarial Consultant in a supportive and innovative environment that prioritises employee growth and development. With a strong focus on DB pensions, our company offers competitive benefits including private medical cover, generous holiday allowances, and unique perks like an electric car leasing scheme and sports allowance. We foster a collaborative work culture where you can progress towards becoming a Scheme Actuary or Corporate Actuary while making a meaningful impact for our clients.
Barnett Waddingham

Contact Detail:

Barnett Waddingham Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Consultant | DB Pensions in England

✨Network Like a Pro

Get out there and connect with people in the actuarial field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.

✨Show Off Your Skills

When you get the chance to meet potential employers, make sure to highlight your DB pensions experience and any relevant projects you've worked on. We want to see how you can bring value to our team, so be ready to discuss your technical skills and how they apply to real-world scenarios.

✨Ace the Interview

Prepare for interviews by practising common actuarial questions and thinking about how you can demonstrate your problem-solving abilities. We love candidates who can think on their feet, so don’t forget to showcase your analytical skills and your understanding of risk management during the chat!

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we often have exclusive roles listed there that you won’t find anywhere else, so keep an eye out for those exciting opportunities!

We think you need these skills to ace Actuarial Consultant | DB Pensions in England

Actuarial Qualifications (FIA / FAA)
DB Pensions Experience
Client Management
Technical Advice
Statistical Techniques
Data Analysis
Presentation Skills
Problem-Solving Skills
Communication Skills
Project Management
Training and Development of Junior Members
Research Skills
Attention to Detail
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Actuarial Consultant role. Highlight your DB pensions experience and any relevant qualifications. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial consulting and how your experience aligns with our needs. Keep it engaging and personal – we love a good story!

Showcase Your Technical Skills: Don’t forget to mention your IT skills and any statistical techniques you’re familiar with. We value technical expertise, so let us know how you can bring clarity to complex issues in your application.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Barnett Waddingham

✨Know Your Numbers

As an Actuarial Consultant, you'll be dealing with complex calculations and data analysis. Brush up on your technical skills and be prepared to discuss specific examples of how you've tackled similar challenges in the past. This will show your potential employer that you can handle the demands of the role.

✨Understand DB Pensions Inside Out

Make sure you have a solid grasp of defined benefit pensions and the current legislative landscape. Familiarise yourself with common issues clients face and think about how you would approach these problems. This knowledge will help you stand out as a candidate who is ready to hit the ground running.

✨Showcase Your Client Management Skills

Since the role involves client interaction, be ready to share experiences where you've successfully managed client relationships or projects. Highlight your communication skills and ability to translate complex actuarial concepts into clear advice for clients. This will demonstrate your readiness for a consulting position.

✨Prepare Questions for Them

Interviews are a two-way street, so come prepared with insightful questions about the company’s approach to actuarial consulting and their expectations for the role. This not only shows your interest but also helps you assess if the company is the right fit for you.

Actuarial Consultant | DB Pensions in England
Barnett Waddingham
Location: England

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