At a Glance
- Tasks: Review calculations and develop internal models for deferred member options.
- Company: Established UK insurance provider with a strong track record in the BPA market.
- Benefits: Competitive salary up to £80,000 plus bonus, with flexible working arrangements.
- Why this job: Transition from consultancy to insurance and make a real impact in a high-stakes role.
- Qualifications: Must be a newly qualified actuary with UK DB pension experience.
- Other info: Opportunity for career growth in a dynamic and supportive environment.
The predicted salary is between 48000 - 64000 £ per year.
This is an opportunity to transition from a consultancy to an Insurance Provider. My client is an established provider in the UK BPA market who has recently reinforced their position, building on over a decade of experience and a strong track record of delivery.
They are looking for a newly qualified Actuary with exposure to the BPA market to join their team and take ownership of deferred member options. This is a technical, high-impact role where you will be the point of reference for complex calculations and internal model development.
The role:
- Review deferred member option calculations
- Maintain and develop internal model
- Respond to internal and external technical queries with existing schemes and their advisors
- Support business development and proposition teams to continually improve the offering
- Work across the business and with third-party admins to drive forward new processes and ensure efficient systems are in place
The Individual:
- FIA/FFA, must be a Qualified Actuary
- Strong knowledge of Defined Benefit pension schemes and the UK regulatory environment
- An understanding of the BPA market
Sponsorship not offered. Please apply or contact me directly for full details on the client, incentive, and package.
Actuary | Move from Pensions to Insurance | 80k in London employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuary | Move from Pensions to Insurance | 80k in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and reach out to fellow actuaries. You never know who might have the inside scoop on job openings or can refer you directly.
✨Show Off Your Skills
When you land an interview, be ready to showcase your technical skills. Prepare examples of complex calculations you've handled or models you've developed. This is your chance to shine and prove you're the right fit for that high-impact role!
✨Tailor Your Approach
Each company is different, so make sure to tailor your approach for each application. Research the company’s values and recent projects, and align your experience with what they’re looking for. It shows you’re genuinely interested and not just sending out generic applications.
✨Apply Through Our Website
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly can sometimes give you a better chance of getting noticed by hiring managers.
We think you need these skills to ace Actuary | Move from Pensions to Insurance | 80k in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in DB pensions and the BPA market. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re making the move from consultancy to insurance and how your background makes you the perfect fit for this role. We love a good story!
Showcase Your Technical Skills: Since this role involves complex calculations and internal model development, make sure to highlight any technical skills or tools you’ve used in your previous roles. We’re looking for someone who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at BWD Search & Selection
✨Know Your Numbers
As an actuary, you'll be expected to have a strong grasp of complex calculations. Brush up on your technical skills and be ready to discuss specific examples from your experience with defined benefit pension schemes. This will show that you can handle the high-impact nature of the role.
✨Understand the BPA Market
Make sure you have a solid understanding of the BPA market and its regulatory environment. Research recent trends and challenges in the industry so you can speak confidently about how they might affect the company and your potential role within it.
✨Prepare for Technical Queries
Since the role involves responding to internal and external technical queries, think about common questions that might arise. Prepare clear, concise answers that demonstrate your problem-solving skills and ability to communicate complex information effectively.
✨Showcase Your Teamwork Skills
This position requires collaboration across various teams. Be ready to share examples of how you've worked with others in the past, particularly in driving forward new processes or improving systems. Highlighting your teamwork will show that you're a good fit for their collaborative culture.