At a Glance
- Tasks: Lead initiatives to promote actuarial careers in universities and schools across the UK.
- Company: Join the Institute and Faculty of Actuaries, a leading professional body for actuaries.
- Benefits: Enjoy a competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Flexible role with travel opportunities and a chance to shape future talent in the industry.
- Why this job: Make a real impact by connecting students with exciting career pathways in the actuarial field.
- Qualifications: Experience in business development or education, with strong relationship-building skills.
The predicted salary is between 54055 - 54055 € per year.
About IFoA
The Institute and Faculty of Actuaries (IFoA) is the UK's chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. IFoA regulates and represents over 34,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members.
Position Overview
We are recruiting a Business Development Manager, UK (Higher Education) on a permanent contract. This hybrid role works from home and in our Edinburgh or Oxford offices. Applicants based in the Midlands/Central UK are particularly encouraged. The successful candidate will spend approximately 15 days per month engaging with stakeholders and face‑to‑face meetings. Travel to the Edinburgh or London hub will be required approximately once per month. Starting salary: £54,055.
Responsibilities
- Help develop and lead the delivery of the UK education and early‑talent engagement plan, with a particular focus on universities and schools.
- Build, strengthen and manage relationships with actuarial and STEM faculties, careers services, academic leaders, school networks and graduate recruitment teams.
- Promote actuarial careers to students, parents, teachers, academics and early‑career audiences through events, presentations, outreach programmes and digital channels.
- Connect universities, schools and employers to support student pathways—such as internships, work‑experience opportunities, career insight sessions and employer engagement.
- Identify opportunities to expand the IFoA’s presence in the education sector and increase awareness of the profession across diverse student communities.
- Train, brief and support IFoA staff, volunteers and ambassadors to deliver consistent and high‑quality representation at education events.
- Support the attraction strategy for IFoA qualifications, contributing to a sustained pipeline of student actuaries.
- Gather insight on student expectations, academic trends and graduate recruitment practices to inform the IFoA’s wider market activity.
- Work with internal teams across Education, Marketing, Public Affairs and Membership to ensure aligned messaging and coordinated outreach.
- Represent the IFoA professionally at university fairs, employer‑led student events, school programmes, professional body activities and regional education forums.
Qualifications
- Tertiary qualification in Business, Education, or related discipline and/or substantial business development experience in a strategic account management setting.
- Proficient in written and spoken English.
- Experience working with early‑career programs or talent development initiatives.
- Strong experience in university engagement, graduate recruitment, education outreach or related partnership‑building roles.
- Demonstrable ability to build and manage effective relationships with academics, careers advisers and graduate recruitment stakeholders.
- Excellent presentation skills and the confidence to represent the IFoA at large‑scale education events.
- Ability to train and brief others to represent the IFoA effectively.
- Strong influencing, communication and interpersonal skills.
- Ability to manage multiple projects, meet deadlines and ensure high‑quality outputs.
- Professionalism, integrity and alignment with IFoA values.
- Flexible and adaptable – able to respond to a developing strategy in a growing area.
- Proficiency in MS Office applications.
Equal Opportunity
Business Development Manager, UK (Higher Education) employer: Institute and Faculty of Actuaries
The Institute and Faculty of Actuaries (IFoA) is an exceptional employer that prioritises the professional development of its employees while fostering a collaborative and inclusive work culture. With a focus on higher education, the role of Business Development Manager offers unique opportunities to engage with universities and schools, promoting actuarial careers and shaping the future of the profession. Employees benefit from a hybrid working model, competitive salary, and the chance to make a meaningful impact in the education sector, all within the vibrant cities of Edinburgh and Oxford.
Contact Detail:
Institute and Faculty of Actuaries Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager, UK (Higher Education)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, and meetups related to higher education and business development. The more you engage with potential employers and peers, the better your chances of landing that dream job.
✨Show Off Your Skills
When you get the chance to chat with hiring managers or recruiters, don’t hold back! Share your experiences and how they relate to the role. Use specific examples to demonstrate your ability to build relationships and manage projects effectively.
✨Follow Up After Meetings
After any networking event or interview, make sure to send a quick follow-up message. Thank them for their time and reiterate your interest in the position. This shows professionalism and keeps you on their radar!
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our site not only streamlines the process but also shows your genuine interest in joining our team at IFoA.
We think you need these skills to ace Business Development Manager, UK (Higher Education)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in education outreach and relationship building, as these are key for us at IFoA. Use specific examples that showcase your skills and achievements.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Tell us why you’re passionate about promoting actuarial careers and how your background aligns with our mission. Keep it engaging and personal, showing us your personality and enthusiasm.
Showcase Relevant Experience:When filling out your application, make sure to highlight any relevant experience in university engagement or graduate recruitment. We want to see how you've successfully built relationships and managed projects in similar settings.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at IFoA!
How to prepare for a job interview at Institute and Faculty of Actuaries
✨Know Your Stuff
Make sure you understand the role of a Business Development Manager in the context of higher education. Familiarise yourself with the IFoA's mission, values, and recent initiatives. This will help you demonstrate your genuine interest and show that you're aligned with their goals.
✨Showcase Your Relationship-Building Skills
Prepare examples of how you've successfully built and managed relationships in previous roles. Think about specific instances where you engaged with universities or schools, and be ready to discuss how you can apply those experiences to promote actuarial careers effectively.
✨Be Ready to Present
Since the role involves presenting to various stakeholders, practice your presentation skills. Prepare a short pitch about why actuarial careers are valuable and how you would engage students and educators. This will not only showcase your communication skills but also your passion for the profession.
✨Ask Insightful Questions
Prepare thoughtful questions about the IFoA’s current strategies and future plans in education and talent engagement. This shows that you're proactive and genuinely interested in contributing to their mission, plus it gives you a chance to assess if the role is the right fit for you.