At a Glance
- Tasks: Lead client consulting, manage teams, and provide expert advice on pensions.
- Company: Join a leading consultancy known for its supportive and progressive culture.
- Benefits: Enjoy competitive bonuses, generous holiday, and comprehensive health benefits.
- Other info: Flexible working options and excellent career progression opportunities.
- Why this job: Make a real impact in the pensions sector while advancing your career.
- Qualifications: Qualified actuary with leadership experience and strong communication skills.
We have an exciting opportunity for a Senior Consulting Actuary to join our team. The role is suitable for members of the actuarial team that are keen to pursue a consulting role and that have usually attained a Scheme Actuary certificate or act as lead consultant on some corporate projects. 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. We offer excellent progression opportunities through to Partner.
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.
A snapshot of your day:
- Client Consulting; Acting as the main contact, providing advice for a range of clients
- Manage a client team, ensuring work is of a high quality and within agreed timescales
- Support Partners in managing client relationships, identifying any problems that arise (e.g. level of fees/ poor service) and helping resolve them as soon as possible
- Designing and managing surveys and using statistical techniques in order to analyse and interpret the quantitative data collected
- Attend client meetings and identify ways that we can help our clients and report new initiatives
- 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
- Provide advice to clients on how they might achieve their objectives while satisfying the requirements of relevant external parties (e.g. the Pensions Regulator)
- When leading the corporate accounting appointment actively look for opportunities to support the company with other relevant BW services
- Often this role will include working toward/developing own portfolio of Scheme Actuary/Adviser appointments or Corporate appointments
- Give external talks as and when required
- Identify ways that the firm (including other practice areas) can help our clients and report new initiatives to either the Trustee or Corporate Consulting Board
- Proactive in managing and developing marketing initiatives and identify opportunities for new business, assisting in new business tenders and pitches
We would love to hear from you if you have:
- Qualified actuary - Fellowship Actuarial Qualifications FIA / FAA or equivalent
- DB Pension experience
- 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
- A willingness to communicate and pass on knowledge and develop junior members of the team
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 your life stage and lifestyle including a 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, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
Happy to talk flexible working. We are a Disability Confident Employer. If you reasonable adjustments could support you, or if you would like more information on accessibility, please click here.
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.
Senior Consulting Actuary | DB Pensions employer: Barnett Waddingham
At Barnett Waddingham, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Senior Consulting Actuary, you will benefit from competitive remuneration, a generous pension scheme, and a comprehensive range of employee benefits designed to support your well-being and professional growth. With a strong commitment to flexible working and a focus on developing talent, we provide a unique opportunity for actuaries to thrive in a supportive environment while making a meaningful impact in the pensions sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consulting Actuary | DB Pensions
✨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 can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your consulting skills. Think about how you can demonstrate your experience in managing client relationships and leading teams. Practice common interview questions and be ready to share specific examples from your past work.
✨Tip Number 3
Showcase your expertise! Create a portfolio that highlights your achievements in DB pensions and consulting projects. This will not only impress potential employers but also give you confidence when discussing your experience.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Barnett Waddingham.
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Senior Consulting Actuary role. Highlight your DB pension experience and any leadership roles you've had, as we want to see how you can contribute to our team.
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 qualifications make you the perfect fit for us. Don’t forget to mention any relevant projects or initiatives you've led.
Showcase Your Communication Skills:As a consulting actuary, communication is key. In your application, demonstrate your ability to convey complex ideas clearly. Whether it's through your CV, cover letter, or any additional documents, let your communication skills stand out!
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 you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Barnett Waddingham
✨Know Your Numbers
As a Senior Consulting Actuary, you'll need to demonstrate your expertise in DB pensions. Brush up on key actuarial concepts and be ready to discuss how you've applied statistical techniques in past projects. This will show your depth of knowledge and ability to handle complex issues.
✨Showcase Leadership Skills
Since the role may involve team leadership, prepare examples of how you've successfully managed teams in the past. Highlight your people management skills and how you've supported junior members. This will help convey your readiness for a consulting role.
✨Client-Centric Mindset
Be prepared to discuss your approach to client consulting. Think of specific instances where you provided pragmatic advice that brought clarity to clients' complex issues. This will demonstrate your ability to manage client relationships effectively.
✨Stay Current with Legislation
Familiarise yourself with recent changes in pension legislation and how they impact your work. Being able to discuss these changes and their implications during the interview will show that you're proactive and knowledgeable about the industry.