Senior Consulting Actuary

Senior Consulting Actuary

London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to assess client needs and deliver innovative solutions.
  • Company: We are a leading consultancy firm serving diverse clients in insurance and beyond.
  • Benefits: Enjoy a competitive bonus, generous pension, and extensive perks like gym discounts and health cover.
  • Why this job: Be part of a dynamic team that values knowledge sharing and professional growth.
  • Qualifications: Must be a qualified FIA/FAA with strong technical skills and a passion for mentoring.
  • Other info: This role offers hybrid working in our vibrant London office.

The predicted salary is between 43200 - 72000 Β£ per year.

Our Insurance and Longevity Consulting (ILC) Team provides consultancy services under both long-term support contracts and on standalone projects to a range of insurance and non-insurance clients. Our clients range from large multinationals and small niche insurers, based across a range of territories, to regulators and the Continuous Mortality Investigation (CMI), part of the Institute and Faculty of Actuaries. We have a new opportunity for a Senior Consulting Actuary to join the team in our London office on a hybrid basis.

Responsibilities:

  • Assessing client requirements, including their aims and objectives, and recommending appropriate approaches/solutions or more efficient ways of working
  • Checking work of others and helping more junior colleagues to deliver high quality output
  • Supporting internal projects including research and development of intellectual capital for new product offerings/services
  • Producing practice area marketing material and proactive in developing marketing initiatives
  • Assisting in drafting new business tenders, including participating in the pitch to the potential client
  • Undertake appropriate secondment-based work under the direction of a client

We would love to hear from if you have:

  • Qualified FIA/FAA or other equivalent professional qualification
  • Strong technical knowledge and willingness to pass on knowledge to develop junior team members
  • Build strong, effective client and team relationships
  • Identify opportunities to implement efficiencies and support change
  • Develop and expand their network of contacts

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 Β£50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts

Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.

Senior Consulting Actuary employer: Barnett Waddingham

At Barnett Waddingham, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our London office. As a Senior Consulting Actuary, you will benefit from a competitive salary, generous pension scheme, and a comprehensive range of voluntary benefits tailored to support your well-being and professional growth, all while working in a hybrid environment that promotes work-life balance.
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Contact Detail:

Barnett Waddingham Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Consulting Actuary

✨Tip Number 1

Network with professionals in the actuarial field, especially those who work in consulting. Attend industry events or webinars where you can meet potential colleagues and clients, as building relationships is key in this role.

✨Tip Number 2

Familiarise yourself with the latest trends and challenges in the insurance and longevity sectors. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.

✨Tip Number 3

Prepare to discuss your experience in mentoring junior colleagues and how you've contributed to their development. Highlight specific examples where you've checked work or provided guidance, as this is a crucial aspect of the Senior Consulting Actuary role.

✨Tip Number 4

Be ready to showcase your problem-solving skills by discussing past projects where you've identified efficiencies or implemented changes. Use concrete examples to illustrate your ability to assess client needs and recommend effective solutions.

We think you need these skills to ace Senior Consulting Actuary

Qualified FIA/FAA or equivalent professional qualification
Strong technical knowledge in actuarial science
Client relationship management
Team leadership and mentoring
Analytical skills for assessing client requirements
Problem-solving skills for recommending solutions
Project management for internal projects
Research and development capabilities
Marketing and business development skills
Effective communication skills for drafting tenders and pitches
Ability to identify and implement efficiencies
Networking skills to expand contacts
Attention to detail in checking work of others
Adaptability to changing client needs

Some tips for your application 🫑

Understand the Role: Thoroughly read the job description for the Senior Consulting Actuary position. Make sure you understand the responsibilities and qualifications required, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in consultancy, particularly in insurance or actuarial roles. Use specific examples to demonstrate how you've assessed client requirements and delivered high-quality outputs.

Showcase Your Qualifications: Clearly state your qualifications, such as being a qualified FIA/FAA or holding an equivalent professional qualification. Mention any relevant training or certifications that align with the role's requirements.

Personalise Your Application: Address your cover letter to the hiring manager if possible, and express your enthusiasm for the role and the company. Mention why you are interested in joining their team and how you can contribute to their success.

How to prepare for a job interview at Barnett Waddingham

✨Understand the Role

Make sure you have a solid grasp of what a Senior Consulting Actuary does. Familiarise yourself with the responsibilities listed in the job description, such as assessing client requirements and supporting junior colleagues. This will help you demonstrate your understanding during the interview.

✨Showcase Your Technical Knowledge

As a qualified FIA/FAA or equivalent, be prepared to discuss your technical expertise. Bring examples of how you've applied your knowledge in previous roles, especially in developing solutions for clients or improving processes.

✨Demonstrate Leadership Skills

Highlight your experience in mentoring junior team members and checking their work. Discuss specific instances where you've helped others deliver high-quality output, as this is crucial for the role.

✨Prepare for Client Interaction Scenarios

Since the role involves building strong client relationships and participating in pitches, think of examples where you've successfully engaged with clients. Be ready to discuss how you identify opportunities and implement efficiencies that benefit both the client and your team.

Senior Consulting Actuary
Barnett Waddingham
Location: London
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