Actuary (fully qualified)

Actuary (fully qualified)

Full-Time 43200 - 72000 £ / year (est.) No home office possible
First Actuarial

At a Glance

  • Tasks: Review actuarial calculations and liaise with Trustees while managing a portfolio of schemes.
  • Company: First Actuarial is an independent consultancy transforming pensions since 2004, with a focus on client needs.
  • Benefits: Enjoy competitive pay, private health insurance, 25 days leave, and flexible hybrid working options.
  • Other info: Opportunities for career progression to scheme actuary within 18-36 months.
  • Why this job: Join a supportive team that values work-life balance and challenges conventional thinking in the actuarial field.
  • Qualifications: Must have 7+ years in UK pension consulting with strong communication and technical skills.

The predicted salary is between 43200 - 72000 £ per year.

Join to apply for the Actuary (fully qualified) role at First Actuarial

About First Actuarial

First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. Two decades later, our strong growth path has continued year on year, and we now employ around 500 people across seven locations.

We’re still an independent business with no chargeable hours targets, giving our people the time to deliver their best work and excel. We shape our high-quality services by listening closely to our clients’ needs. And we price those services fairly.

As we develop our business, prospects for our people grow. Our Basingstoke, Birmingham, Leeds, Manchester, Peterborough, London and Tonbridge offices provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. And we provide support and helpful feedback so we all learn and improve.

We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we’re known for our integrity. We’re happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.

The role

We’re looking for fully qualified actuaries with significant experience in the UK pension market. This role will be based in any of our five offices.

Initially, you’ll be responsible for

  • Reviewing actuarial calculations e.g., triennial valuations
  • Drafting and reviewing standard and bespoke communications
  • Liaising with Trustees at meetings, by telephone and e-mail
  • Monitoring deadlines and actions on a portfolio of schemes

Assuming good performance, and good progress in developing relationships with clients, there will be the opportunity (but not requirement) to progress to a scheme actuary role in the next 18 to 36 months.

Not all the work we do is traditional actuarial work – you probably know we often challenge conventional thinking. So, we’d be able to give you lots of variety and challenge – utilising your well-honed actuarial skills and bringing your own thinking.

Your skills and experience

  • Experience – 7 years or more in a UK pension consulting environment with sound technical knowledge
  • Skills – an excellent communicator who understands how to express complicated ideas in a concise and clear way. A good technical understanding of UK pensions work.
  • Characteristics – a can do, enthusiastic approach to tackling problems, and a desire to build pro-active teams with your colleagues and clients

What we offer you

We’ll actively support you as you build your career – and reward you for doing so. At every level of seniority, we offer:

  • A competitive remuneration package, including bonus and profit-sharing payments
  • Private health insurance, life insurance and income protection insurance
  • 25 days annual leave as standard, increasing with length of service, an extra day at Christmas, plus bank holidays and the option to purchase additional holidays
  • A non-contributory pension
  • Full training and study support.

We have hybrid working in place for colleagues who prefer home-working for part of the week. We’re also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one.

Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants.

Please note that we can only accept applications from candidates with a right to work in the UK

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

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Actuary (fully qualified) employer: First Actuarial

First Actuarial is an exceptional employer that prioritises employee wellbeing and work-life balance, fostering a supportive environment across its offices in Basingstoke, Birmingham, Leeds, Manchester, Peterborough, London, and Tonbridge. With no chargeable hours targets, competitive remuneration packages, and opportunities for career progression, employees are encouraged to excel while enjoying a culture that celebrates success and challenges conventional thinking. The firm’s commitment to integrity and innovation in pensions consultancy makes it a rewarding place for actuaries looking to make a meaningful impact.
First Actuarial

Contact Detail:

First Actuarial Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuary (fully qualified)

✨Tip Number 1

Network with professionals in the UK pension consulting field. Attend industry events or webinars where you can meet actuaries and other finance professionals. Building these connections can provide valuable insights and potentially lead to referrals.

✨Tip Number 2

Familiarise yourself with First Actuarial's unique approach to pensions consultancy. Understanding their values and how they challenge conventional thinking will help you align your discussions during interviews, showcasing your enthusiasm for their innovative methods.

✨Tip Number 3

Prepare to discuss your experience in the UK pension market in detail. Be ready to share specific examples of how you've tackled complex actuarial problems and communicated effectively with clients, as this will demonstrate your suitability for the role.

✨Tip Number 4

Research the latest trends and challenges in the UK pension sector. Being knowledgeable about current issues will not only impress your interviewers but also show that you're proactive and genuinely interested in contributing to First Actuarial's mission.

We think you need these skills to ace Actuary (fully qualified)

Qualified Actuary
UK Pension Market Expertise
Actuarial Calculations Review
Triennial Valuations
Communication Skills
Technical Understanding of Pensions
Client Relationship Management
Problem-Solving Skills
Team Collaboration
Deadline Management
Report Drafting
Analytical Skills
Attention to Detail
Proactive Approach

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in the UK pension market, especially your 7+ years in a consulting environment. Use specific examples that demonstrate your technical knowledge and communication skills.

Craft a Compelling Cover Letter: Write a cover letter that reflects your enthusiasm for the role and the company. Mention how your approach to problem-solving aligns with First Actuarial's values and their commitment to challenging conventional thinking.

Showcase Your Communication Skills: Since the role requires excellent communication, consider including a brief example in your application of how you've successfully conveyed complex ideas clearly in past roles.

Highlight Teamwork and Leadership: Emphasise your ability to build proactive teams and collaborate effectively with colleagues and clients. Provide examples of how you've contributed to team success in previous positions.

How to prepare for a job interview at First Actuarial

✨Showcase Your Technical Knowledge

As a fully qualified actuary, it's crucial to demonstrate your sound technical knowledge of the UK pension market. Be prepared to discuss specific actuarial calculations and methodologies you've used in previous roles, as this will show your expertise and confidence in the field.

✨Communicate Clearly

Given that excellent communication skills are essential for this role, practice explaining complex actuarial concepts in a clear and concise manner. Use examples from your past experiences to illustrate how you've successfully communicated with clients or colleagues.

✨Emphasise Your Problem-Solving Skills

The company values a 'can do' attitude and an enthusiastic approach to tackling problems. Prepare to share instances where you've faced challenges in your work and how you overcame them, highlighting your proactive nature and teamwork.

✨Research the Company Culture

First Actuarial prides itself on its supportive work environment and commitment to staff wellbeing. Familiarise yourself with their core values and be ready to discuss how your personal values align with theirs, demonstrating that you're not just a fit for the role but also for the company culture.

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