Consulting Actuary in London

Consulting Actuary in London

London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
Gallagher

At a Glance

  • Tasks: Support clients in building thriving workplaces and manage a portfolio of pension schemes.
  • Company: Gallagher Benefit Services, a leader in actuarial consulting with a collaborative culture.
  • Benefits: 25+ days holiday, health insurance, life cover, and flexible working options.
  • Other info: Inclusive environment with mentorship and excellent career growth opportunities.
  • Why this job: Join a dynamic team and advance your actuarial career while making a real impact.
  • Qualifications: Degree in numerical fields and progress in actuarial exams preferred.

The predicted salary is between 36000 - 60000 £ per year.

Introduction

Introduction Gallagher Benefit Services offers opportunities to influence workplaces across industries and support clients in building environments where employees thrive. We encourage candidates to apply even if not an exact match.

Overview

As a result of sustained growth and a range of awards, we are expanding our actuarial consulting and analyst teams in London, Manchester, Edinburgh and Ipswich. Experienced in the UK Defined Benefit/Final Salary Pension field? Join our team for a collaborative environment with opportunities for career growth and diverse client projects. We provide support for achieving a fully-qualified Actuary status. If pursuing additional exams is not of interest, that is not a prerequisite. We offer mentorship and resources to help you acquire a Scheme Actuary certificate. You will take an active role in leading a portfolio of clients and serving as a client manager for some of them. We are open to flexible and part-time working requests wherever possible.

How you\\\'ll make an impact

To summarise the role, you will be working within an established team of qualified and part-qualified actuaries; acting as an actuarial assistant for a portfolio of clients. This will include:

  • Handling the preparation of valuations and cost estimates
  • Undertaking and supervising accounting disclosures (FRS17, IAS19 and US GAAP)
  • Coordinating data collection including editing and testing data received from clients
  • Undertaking and checking all aspects of actuarial work associated with pension schemes
  • Preparing letters, reports and other client materials
  • Checking day-to-day individual calculations as requested
  • Participating in Buck internal projects, handling special projects or assignments as needed
  • Assisting scheme consultants with the consultancy aspects of pension schemes; inc. attending client/trustee meetings as required
  • Providing leadership, feedback and training to actuarial analysts
About You

We are excited to connect with hard-working individuals who hold a degree in numerical or mathematics fields and are progressing in actuarial exams. If you have substantial experience in the pensions actuarial sector and are ready to contribute in a dynamic environment, we encourage you to apply. Join us and advance your actuarial career to new heights.

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Compensation and benefits

In addition to a competitive salary, great teams and exciting career opportunities, we offer a wide range of benefits.

Minimum core benefits – these benefits vary by job level:

  • Minimum of 25 days holiday, plus bank holidays, with the option to buy extra days
  • Defined contribution pension scheme, with Gallagher contributions
  • Life insurance paying 4x basic annual salary, with option to top-up to 10x
  • Income protection covering up to 50% of annual income, with top-up options
  • Health cash plan or private medical insurance

Other benefits include:

  • Three fully paid volunteering days per year
  • Employee Stock Purchase Plan offering company shares at a discount
  • Share incentive plan (HMRC approved)
  • Critical illness cover
  • Discounted gym membership with access to over 3,000 gyms
  • Season ticket loan
  • Discounted voucher portal for shopping savings
  • Emergency back-up family care
  • And many more…
We value inclusion and diversity

I&D is a core part of our business and has been embedded for over 95 years. Gallagher supports sustainability, communities, and a commitment to equal opportunity. We are Disability Confident Committed and strive to make recruitment inclusive and accessible. If you require reasonable adjustments, please contact us. Our living wage accreditation and equal employment policy apply to all employees and applicants.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is committed to equal opportunity and to avoiding discrimination in all forms in compliance with applicable laws. Reasonable accommodations will be provided to known physical or mental limitations when feasible.

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Consulting Actuary in London employer: Gallagher

Gallagher Benefit Services is an exceptional employer, offering a collaborative work environment in the heart of London, Manchester, Edinburgh, and Ipswich. With a strong commitment to employee growth, we provide mentorship, support for actuarial qualifications, and a range of benefits including generous holiday allowances, health plans, and flexible working options. Join us to be part of a diverse team that values inclusion and empowers you to thrive in your actuarial career.

Gallagher

Contact Details:

Gallagher Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Consulting Actuary in London

Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Gallagher. Building relationships can open doors that a CV just can't.

Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your experience in the pensions actuarial sector. Share specific examples of your work and how you've made an impact in previous roles.

Prepare for Interviews

Do your homework on Gallagher and the role of a Consulting Actuary. Be ready to discuss how your skills align with their needs and how you can contribute to their team. Confidence is key!

Apply Through Our Website

Don't forget to apply directly through our website! It shows you're genuinely interested and makes it easier for us to find your application. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Consulting Actuary in London

Actuarial Skills
Valuation Preparation
Cost Estimation
Accounting Disclosures (FRS17, IAS19, US GAAP)
Data Collection Coordination
Data Editing and Testing
Pension Scheme Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Consulting Actuary role. Highlight your experience in the UK Defined Benefit/Final Salary Pension field, as this is key for us.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial consulting and how you can contribute to our team. Be genuine and let your personality come through.

Showcase Your Numerical Skills:Since we’re looking for someone with a degree in numerical or mathematics fields, make sure to highlight any relevant coursework or projects. This will help us see your analytical capabilities right away.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Gallagher

Know Your Numbers

As a Consulting Actuary, you'll be dealing with complex numerical data. Brush up on your knowledge of UK Defined Benefit/Final Salary Pension schemes and be ready to discuss specific examples from your experience. This will show your expertise and confidence in the field.

Showcase Your Team Spirit

Collaboration is key in this role. Prepare to share examples of how you've worked effectively within a team, especially in client-facing situations. Highlight any leadership experiences or mentorship roles you've taken on, as this aligns with the company's values.

Prepare for Technical Questions

Expect questions related to accounting disclosures like FRS17, IAS19, and US GAAP. Familiarise yourself with these concepts and be ready to explain how you've applied them in past roles. This will demonstrate your technical proficiency and readiness for the job.

Ask Insightful Questions

At the end of the interview, have a few thoughtful questions prepared about the company culture, mentorship opportunities, or specific projects you might be involved in. This shows your genuine interest in the role and helps you assess if it's the right fit for you.