Pension Scheme Actuary

Pension Scheme Actuary

Bath Full-Time 72000 - 108000 Β£ / year (est.) No home office possible
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BWD Search & Selection

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 based in Bristol or London, with opportunities available across the UK.

The predicted salary is between 72000 - 108000 Β£ 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 supportive work culture that prioritises employee growth and development. With a fully remote opportunity and a focus on innovative solutions, our team members enjoy a competitive salary and the flexibility to work from anywhere in the UK, particularly thriving in the vibrant Bristol and London areas. Join us to make a meaningful impact while advancing your career in a collaborative environment that values your expertise.
BWD Search & Selection

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 Scheme Actuaries. Attend relevant conferences or webinars to connect with potential colleagues and learn about current trends and challenges in DB schemes.

✨Tip Number 2

Stay updated on the latest regulatory and legislative changes affecting DB schemes. This knowledge will not only enhance your understanding but also demonstrate your commitment to the role during interviews.

✨Tip Number 3

Consider joining professional bodies or forums related to actuarial science and pensions. Engaging in discussions and sharing insights can help you build a reputation in the field and may lead to job referrals.

✨Tip Number 4

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

We think you need these skills to ace Pension Scheme Actuary

Fellowship of the Institute and Faculty of Actuaries (FIA)
Extensive knowledge of Defined Benefit (DB) pension schemes
Understanding of regulatory and legislative changes affecting DB schemes
Risk management expertise
Strong analytical skills
Problem-solving abilities
Communication skills for client interaction
Ability to provide pragmatic solutions
Attention to detail
Project management skills
Adaptability to changing regulations and funding issues
Team collaboration skills
Client-focused approach
Willingness to undertake Scheme Actuary Certification

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 your expertise has positively impacted funding issues or risk management.

✨Be Solutions-Oriented

Given the role's focus on providing pragmatic solutions, come equipped with examples of how you've tackled complex issues in previous roles. Highlight your ability to think critically and offer innovative approaches that prioritise the client's best interests.

✨Understand Current Trends

Stay updated on the latest trends and challenges facing DB schemes. During the interview, reference current issues and articulate your thoughts on how they might affect the industry, showcasing your proactive approach to staying informed.

✨Express Willingness to Learn

If you don't yet hold the Scheme Actuary Certificate, express your eagerness to undertake it. Employers appreciate candidates who are committed to professional development, so emphasise your dedication to enhancing your skills and knowledge in the field.

Pension Scheme Actuary
BWD Search & Selection
Location: Bath
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