At a Glance
- Tasks: Lead innovative pension schemes and make impactful decisions in a dynamic environment.
- Company: Join a market-leading team revolutionising pension management with cutting-edge technology.
- Benefits: Competitive salary up to £80k, bonuses, and flexible working options.
- Other info: Enjoy clear promotion pathways and full ownership of your projects.
- Why this job: Be at the forefront of pension consolidation and drive real change in the industry.
- Qualifications: FIA qualified or nearly qualified actuary with 4-10 years of experience.
The predicted salary is between 45000 - 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.
Actuarial Manager | DB Consolidation | Up to £80k in Newtownabbey 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 Newtownabbey
✨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 contribute to operational consolidation and bring value to the team.
✨Tip Number 3
Showcase your ownership skills! In interviews, highlight your experience managing portfolios and client communications. Employers want to see that you can take charge and deliver results.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. 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 Newtownabbey
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Actuarial Manager role. Highlight your experience in pensions actuarial work and any relevant qualifications, like being FIA qualified. 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 any tools or software you’re familiar with. We’re looking for someone who can hit the ground running!
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 don’t miss out on any important updates. Plus, it shows you’re keen to join our 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 involves taking ownership of a portfolio of schemes, so be prepared to talk about times when you've successfully managed projects or client communications. Highlight your ability to organise and lead, as well as any mentoring experience you have with junior colleagues.
✨Understand the Company’s Vision
Familiarise yourself with the company's award-winning Pension Platform and their approach to operational consolidation. Being able to articulate how your skills align with their mission will show that you're genuinely interested in the role and the company.
✨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the team dynamics, growth opportunities, and the specific challenges they face in DB pension management. This not only shows your interest but also helps you assess if this is the right fit for you.