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- Tasks: Lead projects on GMP equalisation and benefit rectification while mentoring junior colleagues.
- Company: Join AEJ Consulting Ltd, a forward-thinking firm focused on innovative actuarial consultancy.
- Benefits: Enjoy a supportive study scheme and opportunities for professional growth in a dynamic team.
- Why this job: Be at the forefront of pension scheme innovation and make a real impact in the industry.
- Qualifications: Part-qualified or qualified actuary with experience in pensions and strong communication skills.
- Other info: This is a 6 to 12 months fixed-term contract with ambitious growth plans for the future.
The predicted salary is between 36000 - 60000 £ per year.
We are currently seeking a nearly or fully qualified Actuarial Consultant to join a growing team focused on GMP equalisation and benefit rectification projects. This role offers an excellent opportunity to be at the forefront of an area that is high on the agenda for pension scheme trustees across the UK. You will work with a team that provides actuarial consultancy to a large number of pension schemes, supporting clients with funding advice, strategic planning, journey management, de-risking activities, GMP equalisation, and compliance with pensions regulation. This is a key role within a dynamic team committed to innovation, development, and delivering high-quality consultancy services. You will be part of a forward-looking organisation with ambitious growth plans for 2025 and beyond.
Key Responsibilities
- Leading and supporting projects related to GMP equalisation/conversion, normal retirement age (NRA) equalisation, and other benefit rectification exercises.
- Acting as a point of contact for clients on specific projects and attending client meetings.
- Checking and signing off work produced by junior colleagues, while providing feedback, mentoring, and support to help develop their skills.
- Managing project workflows and assisting in the smooth delivery of services to clients.
- Collaborating with other departments as required and offering technical expertise across the team.
What We’re Looking For
- A part-qualified or qualified actuary (or equivalent experience).
- Support and study scheme available for those still progressing through actuarial exams.
- Experience in an actuarial role within pensions.
- Familiarity with GMP-related issues and benefit rectification work.
- Strong knowledge of pensions legislation and best practice.
- Excellent communication and interpersonal skills.
- Ability to manage multiple projects and meet deadlines under pressure.
- Proactive and flexible approach to work.
- Experience using actuarial modelling software (e.g., PFaroe or similar).
- Previous consultancy experience in pensions.
Actuarial Consultant employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in GMP equalisation and benefit rectification. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in pensions consultancy.
✨Tip Number 2
Familiarise yourself with the specific software mentioned in the job description, such as PFaroe. Consider taking online courses or tutorials to enhance your skills, as this will demonstrate your commitment and readiness for the role.
✨Tip Number 3
Prepare to discuss your previous experience in managing projects and working with clients during interviews. Highlight any specific examples where you successfully led a project or provided valuable insights to clients, as this will showcase your suitability for the role.
✨Tip Number 4
Stay updated on current pensions legislation and best practices. Being knowledgeable about recent changes and how they impact pension schemes will not only help you in interviews but also show that you are proactive and engaged in your field.
We think you need these skills to ace Actuarial Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial roles, particularly in pensions and GMP equalisation. Use specific examples to demonstrate your skills and achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your qualifications, relevant experience, and how you can contribute to AEJ Consulting Ltd's goals, especially in GMP equalisation and benefit rectification projects.
Highlight Technical Skills: Emphasise your familiarity with actuarial modelling software like PFaroe. Include any specific projects where you've used these tools effectively, as this will demonstrate your technical expertise to potential employers.
Showcase Soft Skills: In your application, highlight your communication and interpersonal skills. Provide examples of how you've successfully managed client relationships or mentored junior colleagues, as these are key aspects of the role.
How to prepare for a job interview at JR United Kingdom
✨Know Your GMP Equalisation
Make sure you understand the intricacies of GMP equalisation and benefit rectification projects. Be prepared to discuss your experience with these topics, as they are crucial for the role.
✨Showcase Your Communication Skills
As an Actuarial Consultant, you'll need to communicate complex ideas clearly. Practice explaining actuarial concepts in simple terms, as this will demonstrate your ability to engage with clients effectively.
✨Demonstrate Project Management Experience
Be ready to talk about how you've managed multiple projects in the past. Highlight specific examples where you met deadlines under pressure, showcasing your organisational skills.
✨Prepare Questions for the Interviewers
Think of insightful questions to ask about the company's growth plans and team dynamics. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
