Consulting Actuary - Public Sector in Bristol

Consulting Actuary - Public Sector in Bristol

Bristol Full-Time 40000 - 50000 £ / year (est.) No working from home possible
LGBT Great

At a Glance

  • Tasks: Consult clients on LGPS, manage relationships, and lead projects in a dynamic team.
  • Company: Join an award-winning team with a strong focus on public sector pensions.
  • Benefits: Enjoy competitive bonuses, generous holidays, and a comprehensive benefits package.
  • Other info: Flexible working options and a supportive environment for personal growth.
  • Why this job: Make a real impact in the public sector while developing your actuarial career.
  • Qualifications: Fellowship Actuarial Qualifications and DB Pension experience required.

The predicted salary is between 40000 - 50000 £ per year.

This role is aimed at qualified actuaries (or those close to qualifying) with experience in the Local Government Pension Scheme (LGPS) who are keen to further develop their consulting career. You will work towards becoming a Scheme or Corporate Actuary while building your own portfolio across LGPS clients. There is also scope to take on Team Leader responsibilities, supporting delivery, governance activity and working with Senior Actuaries to set priorities. You will join a growing team with strong demand for LGPS actuarial and governance work, including new regulatory driven projects. The role offers broad exposure, from funding strategy, employer risk and asset pooling through to governance support, employer transitions and statutory reporting. Strong organisational skills and the ability to work collaboratively across a busy client portfolio will be key.

A snapshot of your day:

  • Client consulting, acting as a key contact for a range of clients, including LGPS funds and employers
  • Supporting Partners in managing client relationships, helping to identify and resolve issues as they arise
  • Attending client meetings, contributing to discussions and identifying opportunities to support clients
  • Reviewing draft client reports and advice, ensuring clarity and consistency
  • Applying actuarial techniques and principles to assess risk and uncertainty in pensions
  • Checking work of other team members, ensuring accuracy and compliance with LGPS regulations
  • Assisting with new business opportunities, including supporting tenders and pitch processes
  • Supporting team management activities, helping to coordinate workload and maintain delivery standards
  • Maintaining an understanding of current pensions developments and sharing relevant insights with clients
  • Contributing to the delivery of high-quality client work within agreed timescales
  • Supporting corporate accounting work and identifying opportunities to provide additional services where appropriate
  • Peer reviewing colleagues’ work where appropriate

We would love to hear from you if you have:

  • Fellowship Actuarial Qualifications FIA / FAA or equivalent
  • DB Pension experience is essential
  • Demonstrated experience leading a team and excellent people management skills
  • Good IT skills
  • Project management and time management skills
  • Excellent communication skills and good networking skills
  • Ability to take forward new ideas

What's in it for you:

  • Competitive discretionary annual bonus.
  • Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading.
  • A generous pension scheme where we contribute 8% of your salary from day one of your employment.
  • Employee Assistance Programme to support you and your family through any concerns or challenges you may experience.
  • A comprehensive range of voluntary benefits to suit your life stage and lifestyle including a tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
  • Working with an award winning LGPS team holding three stars in the “best companies” ranking.
  • Happy to talk flexible working.

Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.

Consulting Actuary - Public Sector in Bristol employer: LGBT Great

LGBT Great is an exceptional employer that prioritises inclusivity and employee well-being, making it a fantastic place for professionals in the insurance sector. With a strong focus on career development, employees benefit from comprehensive training opportunities and a supportive work culture that values collaboration and innovation. Located in a vibrant area, the company also offers competitive salaries, private medical insurance, and generous annual leave, ensuring a rewarding work-life balance.

LGBT Great

Contact Details:

LGBT Great Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Consulting Actuary - Public Sector in Bristol

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like LGBT Great). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like LGBT Great. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Consulting Actuary - Public Sector in Bristol

Actuarial Qualifications (FIA / FAA or equivalent)
DB Pension Experience
Client Consulting
Team Leadership
People Management Skills
IT Skills
Project Management

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at LGBT Great.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at LGBT Great. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at LGBT Great

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at LGBT Great to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at LGBT Great, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding LGBT Great's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.