At a Glance
- Tasks: Lead a team in delivering top-notch actuarial consulting and client management.
- Company: Join a dynamic firm within the Howden Group, fostering growth and innovation.
- Benefits: Enjoy competitive bonuses, extensive benefits, and flexible working options.
- Why this job: Make a real impact in a growing team while advancing your career towards partnership.
- Qualifications: Qualified actuary with experience in trustee consulting and management.
- Other info: Opportunities across multiple UK locations with a focus on professional development.
The predicted salary is between 43200 - 72000 £ per year.
Now part of the Howden Group, we have exciting opportunities across the UK. Following the recent opening of our new, modern Edinburgh office and the appointment of our new Actuarial Consulting Partner for Edinburgh, we have an exciting, permanent opportunity for a ‘Principal, Senior Consulting Actuary’ (hybrid working). We are looking for a Senior player in the market to join us at Principal level (with a next step progression route to Partner) to help drive forward the success of our growing actuarial team and expand our Edinburgh office.
Our services 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.
A snapshot of your day:
- Managing a team responsible for a portfolio of Scheme Actuary appointments and client relationships
- Driving new growth and meeting with clients and prospects
- Monitoring fee recovery rates
- Managing the team and checking work to ensure high quality output is delivered within agreed timeframes
- Taking ownership of any problems and complaints and ensuring that correct procedures are followed
- Assisting with the training, coaching and development of the team and acting as a mentor to actuarial staff
- Supporting with recruiting activity and interviewing
- Developing relationships with potential new clients through networking
- Helping prepare new business tenders and presenting our services at new business pitches as required
- Identifying new ways that the firm (including other practice areas) can help support our clients
- Seeking ways to promote the brand and profile of the Firm e.g. external talks or seminars
We would love to hear from you if you have:
- Scheme Actuary practising certificate or working towards - or equivalent is desirable
- Proven experience across a wide range of Trustee consulting and management responsibilities
- Qualified actuary - Fellowship Actuarial Qualifications FIA / FAA or equivalent
What’s 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 – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
Happy to talk flexible working.
Accessibility: We are a Disability Confident Employer. If you reasonable adjustments could support you, or if you would like more information on accessibility, please contact us.
All enquiries should be directed to careers@barnett-waddingham.co.uk.
PRINCIPAL, Senior Consulting Actuary employer: Barnett Waddingham
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PRINCIPAL, Senior Consulting Actuary
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, attend events, and join online forums. The more people you know, the better your chances of landing that Principal role.
✨Tip Number 2
Show off your expertise! Prepare to discuss your experience in Trustee consulting and management during interviews. Bring real examples to the table that highlight your skills and how you can drive growth for the team.
✨Tip Number 3
Don’t shy away from asking questions! When you get the chance to meet potential employers, ask about their vision for the Edinburgh office and how you can contribute. It shows you're genuinely interested and ready to make an impact.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities across various locations, so if this role isn’t quite right, check out others that might suit you better. Let’s find the perfect fit together!
We think you need these skills to ace PRINCIPAL, Senior Consulting Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Principal, Senior Consulting Actuary role. Highlight your actuarial qualifications and any relevant consulting experience to show us you’re the right fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about this role and how your background aligns with our needs. Don’t forget to mention your interest in driving growth and mentoring others.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage teams and client relationships. We love to see quantifiable results, so if you’ve improved fee recovery rates or led successful projects, let us know!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Barnett Waddingham
✨Know Your Stuff
Make sure you brush up on your actuarial knowledge, especially around topics like risk management and investment consultancy. Familiarise yourself with the latest trends in the industry and be ready to discuss how they impact clients.
✨Showcase Your Leadership Skills
As a Principal, you'll be managing a team and client relationships. Prepare examples of how you've successfully led teams or projects in the past. Highlight your mentoring experience and how you've developed others in your field.
✨Prepare for Client Scenarios
Expect questions that assess your ability to handle client interactions and problem-solving. Think of specific instances where you've turned complex issues into clear, actionable advice for clients. This will demonstrate your consulting prowess.
✨Network Like a Pro
Since building relationships is key, be ready to discuss your networking strategies. Share how you've developed new business opportunities in the past and how you plan to promote the firm's brand and profile in the future.