At a Glance
- Tasks: Act as Scheme Actuary, manage DB schemes, and lead complex technical projects.
- Company: Leading consultancy with an award-winning Pension Consolidation platform.
- Benefits: Salary up to £110,000, generous bonus, car allowance, and hybrid working.
- Other info: Dynamic environment with opportunities for coaching and career growth.
- Why this job: Join a fast-growing team and make a real impact in the pensions sector.
- Qualifications: Qualified Actuary (FIA/FFA) with experience in UKDB pensions.
The predicted salary is between 90000 - 110000 £ per year.
Location: Manchester and Scotland are the team hubs, but you can be based in any UK office on a hybrid basis.
Salary: Up to £110,000, plus a generous bonus and car allowance. May flex for the right person.
I am working with a leading consultancy to recruit a Scheme Actuary for their award-winning Pension Consolidation platform, which is one of the fastest-growing consolidators in the market. Managing over 60 schemes, this dedicated specialist team is expanding rapidly due to a steady influx of new business!
The role offers a great platform to increase your client exposure in an entrepreneurial environment, and to take on active Scheme Actuary appointments, if you choose:
- Act as Scheme Actuary to a designated portfolio of DB schemes, delivering clear, pragmatic, and credible advice to Trustee Boards and key stakeholders.
- Lead complex technical projects: valuations, benefit rectification, GMP equalisation, risk transfer, end-game strategy.
- Manage client engagements and stakeholder management.
- Coach and develop Analysts, Assistant Managers, and Managers.
- Bring a commercial mindset and support the continued growth of the consolidation platform.
The individual:
- Qualified Actuary (FIA/FFA) holding an active Scheme Actuary Practising Certificate (or eligible to obtain one immediately).
- Proven track record of advising Trustee Boards and managing Scheme Actuary appointments within UKDB pensions.
- Strong technical capability with the ability to explain complex actuarial issues clearly to non-actuarial stakeholders.
- A commercial outlook and an entrepreneurial mindset.
Scheme Actuary, Pensions Consolidation Solutions | £90,000-110,000 | UK-wide hybrid employer: BWD Search & Selection
BWD is an exceptional employer for Pensions Governance Consultants, offering a hybrid working model that promotes work-life balance while allowing you to thrive in a rapidly growing sector. With competitive salaries and a strong focus on employee development, you will have ample opportunities to enhance your skills and advance your career within a supportive and dynamic work culture. Join us to be part of a team that values innovation and professional growth in the pensions governance landscape across the UK.
Contact Details:
BWD Search & Selection Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Scheme Actuary, Pensions Consolidation Solutions | £90,000-110,000 | UK-wide hybrid
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like BWD Search & Selection). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like BWD Search & Selection. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Scheme Actuary, Pensions Consolidation Solutions | £90,000-110,000 | UK-wide hybrid
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at BWD Search & Selection.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at BWD Search & Selection. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at BWD Search & Selection
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at BWD Search & Selection to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at BWD Search & Selection, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding BWD Search & Selection's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
