At a Glance
- Tasks: Lead actuarial calculations and shape methodologies for government pension schemes.
- Company: Join a dynamic team focused on impactful pension solutions.
- Benefits: Up to £85k salary, bonus scheme, and comprehensive benefits package.
- Other info: Enjoy hybrid working and excellent career growth opportunities.
- Why this job: Make a real difference in pensions while developing your actuarial expertise.
- Qualifications: Qualified actuary with strong pensions experience and defined benefit knowledge.
The predicted salary is between 85000 - 85000 £ per year.
Our client is hiring a dedicated pensions actuary onto one of its major UK government pensions accounts, on an initial 18-month fixed-term contract with strong likelihood of extension.
This isn't a run-the-numbers role. You'll be the actuarial brain behind the calculation work on the account — interpreting scheme rules and policy, shaping the methodology behind the calculator builds, and getting under the bonnet of the rates rather than just applying them. Examples would be guaranteed minimum and maximum payments, guaranteed income payments, factor work and the assurance that sits around it.
You'll act as the link between the actuarial, policy, administration and change teams, translating complex requirements into clear, administrable calculations, and building actuarial capability within the team so the account relies less on external SMEs.
What we're looking for:
- Qualified actuary, or well progressed with solid pensions experience
- Strong grounding in defined benefit schemes and pension calculations
- Comfortable interpreting scheme rules, legislation and policy and turning them into workable methodology
- Able to explain the technical clearly to non-actuarial colleagues
- Experience of GMP/rectification, McCloud, transfers, factor development or calculation assurance is a real plus
What's on offer:
- Salary up to £85,000
- Contributory pension, plus a monthly flex fund (3%) for benefits like private healthcare, life and critical illness cover
- Company bonus scheme
- Full benefits and holiday entitlement — an FTC in name, everything else as permanent
- Hybrid working, UK-based. Interviewing from mid-September. Available candidates and those on notice both welcome — we'll wait for the right person.
Senior Actuary employer: ECR Global
Join a dynamic and fast-growing financial services firm in the South-West Midlands, where you'll enjoy a hands-on role with genuine ownership in shaping product governance. Our founder-led culture fosters a collaborative environment that prioritises employee growth and offers hybrid working arrangements, ensuring a balanced work-life experience. With competitive compensation and a commitment to responsible growth, this is an excellent opportunity for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary
✨Tap into Local Agencies
For temporary roles like the one at ECR Global, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so ECR Global knows you can adapt quickly to their needs!
We think you need these skills to ace Senior Actuary
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch ECR Global's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at ECR Global
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at ECR Global. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
