Pension Scheme Actuary

Pension Scheme Actuary

Glasgow Full-Time 72000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Scheme Actuary, ensure DB schemes are properly funded and provide expert advice to trustees.
  • Company: Join a leading firm offering competitive salaries and a supportive work environment across the UK.
  • Benefits: Enjoy a six-figure salary, hybrid working options, and the flexibility of fully remote work.
  • Why this job: Be part of a team that challenges norms and prioritises client interests in a dynamic field.
  • Qualifications: FIA qualification and extensive DB pensions experience required; Scheme Actuary Cert preferred.
  • Other info: Ideal for those in Bristol and London, with opportunities for growth and professional development.

The predicted salary is between 72000 - 84000 £ per year.

As a Scheme Actuary, your role is pivotal in ensuring that DB schemes are properly funded. The level of specialist knowledge that you provide equips trustees with the protection they need, and the complex issues and regular changes with schemes will require you to be pragmatic and solutions-based.

The opportunity here provides a supportive environment to challenge conventional approaches, focusing on the true best interest of the client.

The individual:

  • FIA
  • Extensive DB pensions experience
  • Scheme Actuary Cert required, or willingness to undertake this
  • Wide understanding of current issues that DB schemes face - regulatory and legislative changes, funding issues, risk management etc

For further details on the roles above, please apply, get in touch directly via LI, or details below:

E: yasmin.andrews@bwd-search.com

M: 07458161817

Pension Scheme Actuary employer: BWD Search & Selection

As a leading employer in the pension sector, we offer a dynamic and inclusive work culture that prioritises employee growth and development. With a fully remote option and a focus on innovative solutions, our team enjoys a highly competitive salary and the flexibility to work from anywhere in the UK, particularly benefiting those in Bristol and London. Join us to make a meaningful impact while enjoying a supportive environment that values your expertise and encourages you to challenge the status quo.
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Contact Detail:

BWD Search & Selection Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pension Scheme Actuary

✨Tip Number 1

Network with professionals in the pensions industry, especially those who are already working as actuaries. Attend relevant conferences or webinars to meet potential colleagues and learn about current trends and challenges in DB schemes.

✨Tip Number 2

Stay updated on regulatory and legislative changes affecting DB schemes. Subscribe to industry newsletters or follow key influencers on social media to ensure you have the latest information that could be beneficial during interviews.

✨Tip Number 3

Consider joining professional bodies related to actuarial science, such as the Institute and Faculty of Actuaries (IFoA). This can provide you with valuable resources, networking opportunities, and insights into best practices in the field.

✨Tip Number 4

Prepare for interviews by practising how to articulate your experience with DB schemes and your problem-solving approach. Be ready to discuss specific examples where you've successfully navigated complex issues or implemented innovative solutions.

We think you need these skills to ace Pension Scheme Actuary

Fellowship of the Institute and Faculty of Actuaries (FIA)
Extensive Defined Benefit (DB) pensions experience
Scheme Actuary Certificate or willingness to obtain
Knowledge of regulatory and legislative changes affecting DB schemes
Understanding of funding issues in pension schemes
Risk management expertise
Analytical skills for complex problem-solving
Strong communication skills for client interaction
Ability to work pragmatically and solutions-based
Adaptability to changing regulations and market conditions
Attention to detail in financial modelling and reporting
Project management skills for overseeing scheme evaluations
Collaboration skills to work effectively with trustees and stakeholders

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your extensive DB pensions experience and any relevant qualifications, such as your FIA status. Emphasise your understanding of current issues facing DB schemes, including regulatory changes and risk management.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role of Scheme Actuary. Discuss how your skills and experiences align with the responsibilities outlined in the job description, particularly your ability to provide solutions-based approaches.

Showcase Relevant Skills: Highlight specific skills that are crucial for the role, such as analytical thinking, problem-solving, and communication abilities. Provide examples of how you've successfully navigated complex issues in previous roles.

Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no errors. A polished application reflects your attention to detail, which is essential for a Scheme Actuary.

How to prepare for a job interview at BWD Search & Selection

✨Showcase Your Expertise

As a Pension Scheme Actuary, it's crucial to demonstrate your extensive knowledge of DB pensions. Be prepared to discuss specific regulatory and legislative changes you've navigated in the past, and how you've applied your expertise to solve complex funding issues.

✨Emphasise Problem-Solving Skills

Highlight your pragmatic approach to challenges. Share examples of how you've tackled difficult situations in previous roles, focusing on your solutions-based mindset that aligns with the company's emphasis on client interests.

✨Understand Current Issues

Stay updated on the latest trends and challenges facing DB schemes. During the interview, reference current issues and articulate your thoughts on how they impact funding and risk management, showcasing your proactive engagement with the industry.

✨Express Willingness to Learn

If you don't already hold the Scheme Actuary Certificate, express your eagerness to undertake this qualification. This shows your commitment to professional development and aligns with the supportive environment the company offers for growth.

Pension Scheme Actuary
BWD Search & Selection
Location: Glasgow
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