At a Glance
- Tasks: Shape better services as an Actuarial Consultant, focusing on GMP equalisation and rectification projects.
- Company: Join a leading Pensions Consulting firm with a culture of empowerment and engagement.
- Benefits: Enjoy 23-27 days holiday, matched pension, and flexible benefits tailored to your lifestyle.
- Why this job: Make a real impact in the pensions industry while developing your actuarial skills.
- Qualifications: Studying for an actuarial qualification or qualified by experience; GMP knowledge is a plus.
- Other info: Be part of a diverse team with excellent career growth opportunities and a commitment to inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Shape better services as an Actuarial Consultant – GMP. We are at an exciting point in our evolution, defining and executing Capita Pensions Consulting’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.
Our teams are trusted as scheme actuaries to over 200 pension schemes, our actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation, and integrated risk management.
We are looking for a nearly or qualified Actuarial Consultant to join our GMP team. This is a rapidly growing team and represents an exciting opportunity to be involved in GMP equalisation and other rectification projects.
The primary purpose of the role is to assist in the provision of advice in relation to GMP equalisation and other rectification exercises and to deliver the results to clients acting as a trusted advisor for a portfolio of schemes.
The purpose of the team is:
- To advise clients in relation to benefit rectification projects both for ongoing pension schemes and those heading towards buy in/out or wind up.
- To carry out benefit rectification projects, liaising with other departments where required and to provide technical support to the rest of the department.
- Participate in the development of actuarial policy in relation to occupational pension scheme valuations, financial reporting and pensions legislative developments.
- Provide peer review sign off and mentoring functions to other actuaries and staff.
- Contribute to sales and sales presentations to generate revenue growth.
Our culture ensures all new employees are engaged, entrusted and empowered so they feel part of the company, have pride in working for Pensions Consulting, and feel as though they make a difference.
Key duties / responsibilities
- Working on client projects relating to GMP equalisation/conversion, NRA equalisation and other rectification projects with personal targets set, aligned to client delivery.
- Supervising, checking and signing off the work of junior team members providing coaching, mentoring and feedback to enhance quality of work and development of colleagues.
- Acting as the primary point of client contact on some projects.
- Attending client meetings.
- Supporting the management of the team’s workflow to achieve client delivery and providing a two way communication channel for the team to maximise motivation and team success.
What are we looking for
Qualifications
- Studying for an actuarial qualification or qualified by experience (full study is available to complete your studies if required).
Skills required
- Essential
- Experience of working in an actuarial team ideally with GMP knowledge.
- Knowledge of benefits legislation and best practice.
- Good communication skills.
- Ability to work flexibly and able to work under pressure.
- Proactive.
- Knowledge of PFaroe actuarial consulting software.
- Experience of working in an actuarial role in a pensions consultancy.
What’s in it for you?
- 23 days’ holiday (rising to 27) with the opportunity to buy extra leave.
- Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more.
- Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology.
- The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice.
- Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform.
We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone.
Actuarial Consultant - GMP in Dartford employer: Capita
Contact Detail:
Capita Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant - GMP in Dartford
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in pensions consulting. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on GMP equalisation and related topics. We recommend practising common interview questions and having a few examples ready that showcase your skills and experience in actuarial projects.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Capita Pensions Consulting.
We think you need these skills to ace Actuarial Consultant - GMP in Dartford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Actuarial Consultant role. Highlight any relevant GMP knowledge or actuarial projects you've worked on, as this will show us you're a great fit for our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about joining our GMP team and how your background makes you the ideal candidate. Be genuine and let your personality come through!
Showcase Your Communication Skills: As an Actuarial Consultant, you'll need to communicate complex ideas clearly. In your application, demonstrate your ability to convey information effectively, whether through your writing style or by providing examples of past client interactions.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and securely. Plus, it’s the best way to stay updated on your application status!
How to prepare for a job interview at Capita
✨Know Your GMP Inside Out
Make sure you brush up on your knowledge of GMP equalisation and related rectification projects. Familiarise yourself with the latest legislation and best practices, as this will show your potential employer that you're proactive and well-prepared.
✨Showcase Your Communication Skills
As an Actuarial Consultant, you'll need to communicate complex ideas clearly. Practice explaining actuarial concepts in simple terms, and be ready to discuss how you've effectively communicated with clients or team members in the past.
✨Prepare for Technical Questions
Expect technical questions related to actuarial principles and methodologies. Review common actuarial problems and think through your approach to solving them. This will help you demonstrate your analytical skills and technical knowledge during the interview.
✨Demonstrate Team Leadership Potential
Since the role involves supervising junior team members, be prepared to discuss your experience in mentoring or coaching others. Share specific examples of how you've supported colleagues in their development and contributed to team success.