Actuarial Consultant | DB Pensions in London
Actuarial Consultant | DB Pensions

Actuarial Consultant | DB Pensions in London

London Full-Time 50000 - 60000 £ / year (est.) No home office possible
Barnett Waddingham

At a Glance

  • Tasks: Calculate complex member calculations and review client reports in a dynamic consulting environment.
  • Company: Join a leading consultancy firm focused on DB pensions and actuarial services.
  • Benefits: Competitive salary, professional development, and opportunities for career progression.
  • Other info: Exciting pathway to becoming a Scheme Actuary or Corporate Actuary.
  • Why this job: Make a real impact by providing clarity on complex pension issues and advising clients.
  • Qualifications: 3-4+ years of experience in actuarial roles, with DB pensions knowledge essential.

The predicted salary is between 50000 - 60000 £ 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 progressing to checking more complex calculations
  • Undertake the bulk of the calculations for an actuarial valuation
  • Reviewing draft client reports and advice and draft member communications
  • Working with a Client

Actuarial Consultant | DB Pensions in London employer: Barnett Waddingham

Join a dynamic team of Actuarial Consultants where your expertise will be valued and nurtured. Our collaborative work culture fosters professional growth, offering clear pathways to advance towards Scheme Actuary or Corporate Actuary roles. Located in a vibrant city, we provide a supportive environment with competitive benefits, ensuring you thrive both personally and professionally while making a meaningful impact in the world of DB pensions.
Barnett Waddingham

Contact Detail:

Barnett Waddingham Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for opportunities. You never know who might have a lead or be able to refer you to a role that fits your skills.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and soft skills. Practice common actuarial scenarios and be ready to discuss how you've tackled complex problems in the past. Confidence is key!

✨Tip Number 3

Don’t just apply anywhere—focus on companies that align with your career goals. Check out our website for openings that match your experience in DB pensions and actuarial consulting. Tailor your approach to each company!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It also keeps you fresh in the interviewer's mind as they make their decision.

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

Actuarial Skills
DB Pensions Experience
Calculations for Actuarial Valuation
Client Report Review
Member Communication Drafting
Risk Management
Investment Consultancy
Problem-Solving Skills
Attention to Detail
Communication Skills
Team Collaboration
Adaptability
Consulting Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience that are relevant to the Actuarial Consultant role. Highlight your DB pensions experience and any consulting work you've done, as this will show us you're a great fit for the team.

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 background aligns with our services. Be sure to mention any specific projects or experiences that demonstrate your expertise.

Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex issues in the past. We love candidates who can bring clarity to complicated situations, so don't hold back on sharing your thought process and outcomes!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen to join 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. Brush up on your technical skills and be ready to discuss specific examples of calculations you've performed in the past. This will show your expertise and confidence in handling the role's requirements.

✨Understand the Business

Familiarise yourself with the company's services and how they support trustees and employers. Be prepared to discuss how your experience aligns with their needs, especially in areas like risk management and legislative changes. This shows that you’re not just interested in the role, but also in the company’s mission.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to provide pragmatic advice or manage complex issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready. Inquire about the team dynamics, the types of projects you might work on, or how the company supports ongoing professional development. This demonstrates your genuine interest in the role and helps you gauge if it’s the right fit for you.

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

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