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- Tasks: Lead and deliver risk transfer projects while managing client relationships and teams.
- Company: Join Barnett Waddingham, a leading actuarial consulting firm with a focus on clarity in complex issues.
- Benefits: Enjoy flexible hybrid work, competitive bonuses, generous holidays, and a range of health and lifestyle perks.
- Why this job: Be part of a dynamic team tackling significant financial challenges with real social impact.
- Qualifications: Must have relevant qualifications and significant experience in Risk Transfer, along with strong IT and networking skills.
- Other info: Opportunities for growth from Associate to Partner level available.
The predicted salary is between 48000 - 84000 £ per year.
As we continue to grow, we have an exciting opportunity for a highly experienced Senior Risk Transfer Actuary / Senior Risk Transfer Consultant to join our Actuarial Consulting team. This role can be based in any of our 10 UK offices working on a hybrid basis (flexibility). We welcome interest and discussions from all candidates at Associate / Principal and through to Partner.
At Barnett Waddingham, 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. Our specialist risk transfer team was set up more than ten years ago and has worked on transactions from less than £1m to nearly £4bn in size. We now have more than 30 multi-disciplinary individuals providing risk transfer advice for our clients – not just for insurance transactions but also supporting clients on potential superfund transfers and capital-backed journey plans.
A snapshot of your day:
- Working with Partners to lead on and deliver risk transfer projects of all sizes for our clients
- Manage a client or project team, ensure work is of a high quality and within agreed timescales
- Understand clients’ issues and broader perspectives and is able to develop and recommend suitable solutions or more efficient ways of working
- Able to provide solutions for more complex problems for our clients
- Manage client relationships, identifying any problems that arise and helping resolve them as soon as possible
- Prepare and deliver trustee training
- Use expertise and knowledge to support colleagues at all levels
- Proactive in managing and developing marketing initiatives
- Develop and maintain relationships with introducers and potential clients
- Maintaining relationships with providers and other advisers in the risk transfer market
We would love to hear from if you have:
- A relevant qualification - qualified or part qualified FIA
- Significant Risk Transfer experience, either as a consultant or from an insurer role
- IT skills to perform all aspects of work efficiently, including internal software
- Excellent professionalism and stakeholder management skills
- Project management/time management skills
- Excellent networking skills
What’s in it for you:
- Competitive discretionary annual bonus
- Generous pension scheme
- Core benefits for you including private medical cover, life assurance, group income protection, 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
Principal (Senior Risk Transfer Actuary) employer: Barnett Waddingham
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal (Senior Risk Transfer Actuary)
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in risk transfer. Attend industry events or webinars where you can meet potential colleagues and learn more about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the specific services offered by Barnett Waddingham, particularly in risk transfer. Understanding their approach and recent projects can help you tailor your discussions and demonstrate your genuine interest in their work during interviews.
✨Tip Number 3
Showcase your project management skills by discussing relevant experiences where you've successfully led teams or managed complex projects. Highlighting your ability to deliver high-quality work within tight deadlines will resonate well with the expectations for this role.
✨Tip Number 4
Prepare to discuss how you would handle client relationships and resolve issues proactively. Think of examples from your past roles where you've navigated challenging situations, as this will illustrate your stakeholder management skills effectively.
We think you need these skills to ace Principal (Senior Risk Transfer Actuary)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in risk transfer and actuarial consulting. Use specific examples that demonstrate your expertise and how it aligns with the role at Barnett Waddingham.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your skills can contribute to their team and the value you can bring to their clients.
Highlight Relevant Qualifications: Clearly state your qualifications, especially if you are FIA qualified or part qualified. Emphasise any significant risk transfer experience you have, whether from a consultancy or insurer perspective.
Showcase Soft Skills: In your application, highlight your professionalism, stakeholder management, and project management skills. Provide examples of how you've successfully managed client relationships and resolved issues in the past.
How to prepare for a job interview at Barnett Waddingham
✨Showcase Your Expertise
As a Senior Risk Transfer Actuary, it's crucial to demonstrate your deep understanding of risk transfer concepts. Be prepared to discuss specific projects you've worked on, the challenges you faced, and how you overcame them. This will highlight your problem-solving skills and expertise in the field.
✨Understand the Company’s Services
Familiarise yourself with Barnett Waddingham's range of services, especially their actuarial consulting and risk transfer offerings. Being able to articulate how your experience aligns with their services will show that you're genuinely interested and well-prepared for the role.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to manage client relationships and resolve issues. Think of examples from your past experiences where you successfully navigated complex client situations or delivered high-quality results under tight deadlines.
✨Highlight Your Networking Skills
Given the importance of networking in this role, be ready to discuss how you've built and maintained professional relationships in the past. Share specific examples of how these connections have benefited your previous employers or clients, showcasing your proactive approach to business development.
