At a Glance
- Tasks: Provide expert advice to clients on pensions and risk management while leading a dynamic team.
- Company: Join a modern consulting firm with a collaborative and supportive culture.
- Benefits: Enjoy competitive bonuses, generous holiday, and a range of health and wellness perks.
- Why this job: Make a real impact in the pensions world while developing your career in a flexible environment.
- Qualifications: Fellowship Actuarial Qualifications and DB Pension experience are essential.
- Other info: Great opportunities for progression and a commitment to employee well-being.
The predicted salary is between 36000 - 60000 Β£ per year.
We have an exciting opportunity for a Consulting Actuary to join our new, modern Edinburgh office (hybrid working). We also have opportunities for our Bristol, Cheltenham, London, Leeds, Liverpool, Manchester, Glasgow and Edinburgh offices at varying levels from Actuarial Consultant through to Senior Consulting Actuary (Principal).
Our services are designed to support trustees and employers by delivering pragmatic advice which 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. We offer excellent progression opportunities through to Partner.
This role is suitable for members of an actuarial team that are keen to pursue a consulting role and will usually include working towards being a Scheme Actuary or Corporate Actuary, developing own portfolio of appointments. It may also include the role of a Team Leader, which involves working alongside others involved in Client Consulting, to ensure that all operational tasks within the team are conducted on a day-to-day basis and liaising with Partners to agree priorities.
DB Pensions Experience Is Essential.
A snapshot of your day:
- Client Consulting; Acting as the main contact, providing advice for a range of clients
- Assist Partners in managing client relationships, identifying any problems that arise and helping resolve them as soon as possible
- Attend client meetings and identify ways that we can help our clients and report new initiatives.
- Review draft client reports and advice
- Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
- Check work of other team members, ensuring accuracy and compliance with scheme rules, procedures and legislation
- Identify opportunities for new business and assist in new business tenders, including participating in the pitch to the potential client
- Team Management; responsible for team workload and activity, actively managing the team and attending firm-wide Actuarial Team Leader meetings
- Maintain a broad knowledge of current pensions issues and proactively advise clients on relevant developments in the pensions world
- Manage a client team, ensure work is of a high quality and within agreed timescales
- When leading the corporate accounting appointment actively look for opportunities to support the company with other relevant BW services
- Peer review colleagues' work where appropriate
We would love to hear from you if you have:
- Fellowship Actuarial Qualifications FIA / FAA or equivalent
- DB Pension experience is essential
- Demonstrated experience leading a team and excellent people management skills
- Good IT skills
- Project management and time management skills
- Excellent communication skills and good networking skills
- Ability to take forward new ideas
Whatβs In It For You
- Competitive discretionary annual bonus.
- Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading.
- A generous pension scheme where we contribute 8% of your salary from day one of your employment.
- Employee Assistance Programme to support you and your family through any concerns or challenges you may experience.
- 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, extension of private medical cover or life assurance to family members, Sports Allowance β we pay up to 50% of your gym/sports membership (up to Β£50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
For a full list of benefits, please click here.
Happy to talk flexible working.
Accessibility
We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Not quite the right opportunity for you this time? For more about us and other Careers at BW, please click here.
Follow Barnett Waddingham on LinkedIn.
We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to careers@barnett-waddingham.co.uk.
Consulting Actuary in London employer: Barnett Waddingham
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Consulting Actuary in London
β¨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 consulting roles. You never know who might have the inside scoop on an opportunity thatβs just right for you.
β¨Tip Number 2
Prepare for those interviews by brushing up on your client consulting skills. Think about how you can demonstrate your ability to manage client relationships and provide clear, pragmatic advice. Practice makes perfect!
β¨Tip Number 3
Donβt forget to showcase your leadership experience! If you've led teams or managed projects, be ready to share specific examples of how youβve successfully guided others and delivered results.
β¨Tip Number 4
Apply through our website for the best chance at landing that role! We love seeing candidates who are genuinely interested in joining our team, so make sure to highlight why you want to work with us in your conversations.
We think you need these skills to ace Consulting Actuary in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Consulting Actuary role. Highlight your DB pensions experience and any leadership roles you've had, as these are key for us.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about consulting and how your background makes you a great fit for our team. Don't forget to mention specific projects or achievements!
Showcase Your Communication Skills: As a Consulting Actuary, you'll need excellent communication skills. In your application, demonstrate your ability to convey complex ideas clearly. This could be through examples of client interactions or presentations you've delivered.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the right opportunities within our various offices.
How to prepare for a job interview at Barnett Waddingham
β¨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of DB pensions and current issues in the pensions world. Being able to discuss recent developments and how they impact clients will show that you're not just qualified, but also genuinely interested in the field.
β¨Showcase Your Team Leadership Skills
Since this role may involve managing a team, be prepared to share examples of your leadership experience. Talk about how you've successfully managed workloads, resolved conflicts, or mentored colleagues in the past.
β¨Prepare for Client Scenarios
Think about potential client scenarios you might face in this role. Prepare to discuss how you would approach client meetings, identify their needs, and propose solutions. This will demonstrate your consulting mindset and problem-solving skills.
β¨Practice Your Communication Skills
Excellent communication is key in consulting. Practice articulating complex actuarial concepts in simple terms. You might even want to do a mock interview with a friend to get comfortable explaining your ideas clearly and confidently.