Consulting Actuary

We have an exciting opportunity for a Consulting Actuary to join our new, modern Edinburgh office (hybrid working). We also have opportunities for our Bristol, Cheltenham, London, Leeds, Liverpool, Manchester, Glasgow and Edinburgh office at varying levels from Actuarial Consultant through to Senior Consulting Actuary (Principal).

Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de-risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full-service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions. We offer excellent progression opportunities through to Partner.

This role is suitable for members of an actuarial team that are keen to pursue a consulting role and will usually include working towards being a Scheme Actuary or Corporate Actuary, developing own portfolio of appointments. It may also include the role of a Team Leader, which involves working alongside others involved in Client Consulting, to ensure that all operational tasks within the team are conducted on a day to day basis and liaising with Partners to agree priorities. DB pensions experience is essential.

A snapshot of your day:

• Client Consulting; Acting as the main contact, providing advice for a range of clients
• Assist Partners in managing client relationships, identifying any problems that arise and helping resolve them as soon as possible
• Attend client meetings and identify ways that we can help our clients and report new initiatives.
• Review draft client reports and advice
• Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
• Check work of other team members, ensuring accuracy and compliance with scheme rules, procedures and legislation
• Identify opportunities for new business and assist in new business tenders, including participating in the pitch to the potential client
• Team Management; responsible for team workload and activity, actively managing the team and attending firm-wide Actuarial Team Leader meetings
• Maintain a broad knowledge of current pensions issues and proactively advise clients on relevant developments in the pensions world
• Manage a client team, ensure work is of a high quality and within agreed timescales
• When leading the corporate accounting appointment actively look for opportunities to support the company with other relevant BW services
• Peer review 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 you (and your family) including an electric car leasing scheme, 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, Sports Allowance – we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.