At a Glance
- Tasks: Lead actuarial projects and manage a diverse portfolio of pension schemes.
- Company: Dynamic firm revolutionising pension management with innovative solutions.
- Benefits: Up to £80k salary, bonuses, hybrid work, and clear promotion pathways.
- Why this job: Make a real impact in the pensions sector with end-to-end ownership of schemes.
- Qualifications: FIA qualified actuary with 4-10 years of experience in pensions.
- Other info: Join a market leader with opportunities for mentorship and career growth.
The predicted salary is between 48000 - 80000 £ per year.
Location: UK-wide hybrid, Manchester, Edinburgh, Glasgow, Leeds, London. Other office locations will be considered.
Package: Up to £80,000 base + bonus
Traditional DB pension management is often slow and bogged down by governance. This role sits within a team at the forefront of Operational Consolidation, providing a "one-stop-shop" solution that replaces traditional, inefficient models.
Using their award-winning Pension Platform, this team manage over 65 schemes collectively. By bringing administration, actuarial, and investment services under one roof, they can provide "big scheme" service and £1bn+ investment buying power to schemes of all sizes.
The Team:
- No More "Boring" Admin: Through a partnership with professional trustees, admin is automated, so you can focus on technical calculations and strategic advice, not secretarial tasks.
- Market-Leading Growth: With 65+ schemes already on the platform and £3bn in assets, you’re joining a growing DB Master Trust / Consolidator of the Year.
- End-to-End Ownership: You won’t just see fragments of a scheme. You build the models, you run the numbers, and you see the direct impact on the scheme's endgame.
The role:
- Heavy involvement in "endgame" planning, including scheme buy-outs, GMP equalisation, and benefit rectification.
- Take ownership of a portfolio of schemes, direct ownership of client communications and attend meetings as you progress.
- Responsibility for valuations, member benefit calculations, funding updates, and accounting disclosures.
- Performing and checking pension liability calculations.
- Manage workflow and mentor junior colleagues.
The Individual:
- FIA: Nearly/ Newly qualified Actuary, 4-10 years total experience.
- Must have experience in a Pensions Actuarial role within a UK-based consultancy.
- Technical understanding of how calculations work, not just how to populate models.
- Appetite to take responsibility and organise your own portfolio.
This team offer clear promotion pathways based on capability and contribution, and full ownership of schemes and end-to-end work, unlike competitors. Open to part-time and full-time.
Please apply here, or get in touch. It is best to separately email your CV directly to me.
Life & Pensions Actuarial Hiring Lead, Principal Consultant. Get in touch to discuss the market. A range of seniorities and specialisms covered.
Actuarial Manager | DB Consolidation | Up to £80k in Manchester employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Manager | DB Consolidation | Up to £80k in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for an Actuarial Manager role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of DB pension management. Be ready to discuss how you can bring value to the team, especially with your experience in endgame planning and client communications.
✨Tip Number 3
Showcase your passion for innovation in the actuarial space. Talk about how you can contribute to the operational consolidation efforts and improve efficiency. This will set you apart from other candidates who may focus solely on traditional methods.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our award-winning team.
We think you need these skills to ace Actuarial Manager | DB Consolidation | Up to £80k in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Actuarial Manager role. Highlight your experience in pensions actuarial work and any relevant qualifications, like being an FIA. We want to see how you can bring value 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 this role and how your background aligns with our mission at StudySmarter. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills: Since this role involves heavy technical calculations, make sure to mention your understanding of pension liability calculations and your experience with endgame planning. We’re looking for someone who can hit the ground running, so don’t hold back!
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 awesome team!
How to prepare for a job interview at BWD Search & Selection
✨Know Your Numbers
As an Actuarial Manager, you'll need to demonstrate a solid understanding of pension calculations and valuations. Brush up on your technical knowledge and be ready to discuss specific examples from your experience that showcase your expertise in these areas.
✨Showcase Your Ownership Skills
This role requires end-to-end ownership of schemes, so be prepared to talk about times when you've taken responsibility for a project or portfolio. Highlight how you managed client communications and the impact of your decisions on the overall scheme.
✨Emphasise Your Team Spirit
Mentoring junior colleagues is part of the job, so think of examples where you've supported others in their development. Discuss how you foster collaboration within a team and how that contributes to achieving shared goals.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving skills, especially around endgame planning and GMP equalisation. Prepare by thinking through potential scenarios and how you would approach them, demonstrating your strategic thinking and technical prowess.