Scheme Actuary - Pensions Consolidation Solutions

Scheme Actuary - Pensions Consolidation Solutions

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Isio

At a Glance

  • Tasks: Lead actuarial projects, provide expert advice, and manage client relationships in a dynamic environment.
  • Company: Join Isio, a fast-growing advisory firm with a focus on pensions and employee benefits.
  • Benefits: Enjoy hybrid working, career development, and a supportive culture that values your growth.
  • Other info: Be part of a diverse team that fosters innovation and collaboration.
  • Why this job: Make a real impact in the pensions sector while developing your skills and expertise.
  • Qualifications: Qualified actuary with strong communication and project management skills.

The predicted salary is between 60000 - 80000 £ per year.

This role sits within Isio’s Enplan team, part of the wider Actuarial & Consulting business. Enplan is one of the fastest-growing defined benefit pension consolidators in the market, currently managing over 65 pension schemes with many different sponsoring employers and a variety of sizes. The team continue to regularly attract and win new schemes into Enplan.

We advise on everything from helping trustees and sponsors to manage their defined benefit plans from routine actuarial valuations to complex technical projects regarding benefit rectification work, GMP equalisation, insurance and end-game planning, in addition to supporting our clients with alternative reward and pension provision. The range of work we get involved with is vast and there’ll be opportunities for you to gain lots of great, new experiences and put your skills to the test.

Isio’s Actuarial & Consulting business consists of over 400 pensions consultants and actuaries advising a diverse range of clients and stakeholders across the private, public and not-for-profit sectors.

What does the role entail?

This is an excellent opportunity for an experienced Scheme Actuary to take on a senior, visible role within a fast‑growing consolidation proposition, combining high‑quality technical delivery, trustee‑facing advice, leadership of client teams and the opportunity to help shape and expand Enplan’s offering.

Day to day, you will:

  • Act as Scheme Actuary to a portfolio of Enplan schemes, providing clear, credible and confident actuarial advice to the Trustee and other stakeholders.
  • Be responsible for the delivery of high‑quality, complex actuarial calculations and written advice, often across multiple concurrent projects, ensuring appropriate standards of risk management, governance and compliance.
  • Lead and manage key client engagements, including responsibility for project planning, timescales, budgets and stakeholder management, working closely with the Trustee contacts at Entrust, the junior team and scheme sponsors.
  • Manage and develop teams on each project, providing regular on‑the‑job coaching and feedback to Analysts, Assistant Managers and Managers to support their technical and professional development.
  • Build and maintain strong, trusted relationships with Entrust, sponsors and internal Isio teams, acting as a senior point of contact.
  • Proactively look for opportunities to expand the scope of work on schemes and support the continued growth of the Enplan proposition, bringing a commercial and entrepreneurial mindset.
  • Share your specialist technical knowledge across the wider actuarial pensions team, contributing to thought leadership, internal training and development of best practice.
  • Play an active role in shaping and improving how the Enplan team and proposition continue to develop as the market evolves.

What we’re looking for?

We’re looking for the following skills and expertise – but, please do apply if you don’t hit every requirement and still think you would be a great fit for the role. Our business is better with a diverse range of experience, so we’ll consider each application on its own merits.

  • Experience – a qualified actuary FIA/FFA with Scheme Actuary certification (or ability to obtain a Scheme Actuary certificate immediately). You will have a strong track record of advising Trustee Boards, managing a portfolio of Scheme Actuary appointments and trustee relationships, and a strong understanding of the UK DB pensions landscape and the challenges facing schemes and consolidators.
  • A great communicator – Strong technical pensions and actuarial capability, with the ability to explain complex issues clearly and pragmatically to a broad range of stakeholders.
  • Enthusiasm and motivation – Highly motivated and able to work at pace across multiple projects, taking ownership of outcomes while consistently delivering high‑quality, professional advice.
  • Excellent project management and client delivery skills – with experience balancing competing demands, stakeholders and deadlines across multiple engagements.
  • A great team worker – a collaborator who works effectively across teams and disciplines demonstrating strong people skills, with a genuine interest in coaching and developing others.
  • Commercially minded – with an appetite to help grow and shape a fast‑evolving proposition and identify new opportunities.

Where is the role:

Enplan schemes are supported by a dedicated team of over 40 people across our primary hubs in Manchester and Scotland. The Manchester hub is the larger of the two, with approximately 30 team members, including six Scheme Actuaries and ten Actuarial Analysts who support our Managers and Assistant Managers. The Scotland hub comprises almost 15 team members, including two Scheme Actuaries. The two hubs work closely together to deliver the proposition. We work on a hybrid basis, offering the opportunity for colleagues to split their time between office and home working.

Why Join Isio

Isio is a fast‑growing professional services business, that offers career development through an evolving client base, diverse and meaningful work, nationwide opportunities, and a culture that rewards high performance and accountability. We hold ourselves to the highest standards and our values guide how we advise our clients, how we operate as a business and how we work together as a team.

We encourage our people to be bold, to communicate with conviction, and to deliver advice that matters. Here, growth brings opportunity - more responsibility, more clients, and work that stretches and develops you. We invest in training and development so you can expand your skills and explore different career paths across diverse markets to make your mark. Isio is a place to realise your potential and build a career with impact.

About Isio

A progressive advisory firm, partnering with clients of all sizes to deliver expertise in pensions, employee benefits and wealth advisory services. Working with pension trustees, employers, individuals, families and their offices, we are supported by talented colleagues across 10 UK offices. With a Big 4 heritage we combine a strong focus on quality with a fresh perspective challenging traditional thinking. Our culture shapes our work; we foster a supportive environment where we develop our people to grow and fulfil their potential.

We invest in our services, products and technology, and provide clear, expert solutions for our clients. This brings clarity, confidence, and better outcomes for everyone. At Isio, we are committed to fostering an inclusive, equitable and diverse workplace, in which our colleagues feel they belong, regardless of background or difference.

We uphold the values of respect, fairness, and inclusion in our actions and decisions. We believe that by adhering to these principles, we will create a stronger, more innovative, and supportive environment for all, as well as ensuring that the advice and support we provide to our clients is more creative, more insightful and leaves a lasting impact.

We can offer a hybrid, flexible approach to work, supporting a work-life balance that works for you. Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.

Scheme Actuary - Pensions Consolidation Solutions employer: Isio

Isio is an exceptional employer, offering a dynamic work environment within the fast-growing Enplan team in Manchester. With a strong focus on employee development, a culture that rewards high performance, and opportunities for meaningful work across diverse projects, Isio empowers its staff to realise their potential while fostering a supportive community through regular team-building and social events. The hybrid working model further enhances work-life balance, making Isio a fantastic place for actuaries looking to make a significant impact in the pensions sector.

Isio

Contact Details:

Isio Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Scheme Actuary - Pensions Consolidation Solutions

Tip Number 1

Network like a pro! Reach out to your connections in the pensions and actuarial world. Attend industry events, webinars, or even local meet-ups. The more people you know, the better your chances of landing that Scheme Actuary role.

Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and real-world applications. Be ready to discuss complex actuarial concepts and how you've tackled challenges in past roles. Show them you can communicate clearly with trustees and stakeholders!

Tip Number 3

Don’t just wait for job openings to pop up! Be proactive and reach out to Isio directly through our careers page. Express your interest in the Enplan team and highlight how your skills align with their needs. It shows initiative and enthusiasm!

Tip Number 4

Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you top of mind and shows your appreciation for the opportunity. Plus, it’s a great chance to reiterate your excitement about the role and the company!

We think you need these skills to ace Scheme Actuary - Pensions Consolidation Solutions

Qualified Actuary FIA/FFA
Scheme Actuary Certification
Advising Trustee Boards
Understanding of UK DB Pensions Landscape
Strong Technical Pensions and Actuarial Capability
Communication Skills
Project Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Scheme Actuary role. Highlight your experience with defined benefit pension schemes and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Showcase Your Communication Skills:As a Scheme Actuary, you'll need to explain complex actuarial concepts clearly. Use your application to demonstrate your ability to communicate effectively, whether it's through examples of past experiences or how you present your qualifications.

Highlight Teamwork and Leadership:We value collaboration and leadership at Isio. Share examples of how you've successfully managed teams or projects in the past. This will show us that you're not just a great individual contributor but also someone who can lead and develop others.

Apply Through Our Website:Don't forget to submit your application through our careers page! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about Isio and what we stand for.

How to prepare for a job interview at Isio

Know Your Stuff

Make sure you brush up on your technical knowledge of defined benefit pensions and the UK pensions landscape. Be ready to discuss complex topics like GMP equalisation and benefit rectification, as these are key areas for the role.

Showcase Your Communication Skills

Practice explaining complex actuarial concepts in simple terms. You’ll need to demonstrate that you can communicate effectively with trustees and stakeholders, so think about how you can convey your expertise clearly and confidently.

Demonstrate Project Management Prowess

Prepare examples of how you've successfully managed multiple projects and stakeholders in the past. Highlight your ability to balance competing demands and deliver high-quality results on time, as this is crucial for the Scheme Actuary role.

Be a Team Player

Think about your experiences working in teams and how you've contributed to their success. Be ready to discuss how you’ve coached or developed others, as collaboration and mentorship are important aspects of the position.