Senior Consulting Actuary - Public Sector in Glasgow

Senior Consulting Actuary - Public Sector in Glasgow

Glasgow Full-Time 60000 - 80000 £ / year (est.) No working from home possible
LGBT Great

At a Glance

  • Tasks: Lead client consulting for Local Government Pension Scheme, managing a diverse portfolio.
  • Company: Join an award-winning team with a strong reputation in the LGPS sector.
  • Benefits: Enjoy competitive bonuses, generous holiday, and a range of health and lifestyle perks.
  • Other info: Flexible working options and a commitment to accessibility for all.
  • Why this job: Make a real impact in public sector pensions while developing your leadership skills.
  • Qualifications: Qualified actuary with experience in DB pensions and team management.

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

This role is aimed at qualified actuaries with strong experience in the Local Government Pension Scheme (LGPS) who are looking to take a leading role in client consulting. You will be responsible for developing and managing your own portfolio of LGPS clients, with scope to act as a Team Leader, overseeing delivery, governance activity and working closely with Partners to set priorities and drive client strategy.

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, commercial awareness and the ability to lead and develop others will be key.

Responsibilities

  • Client Consulting; Acting as the main contact, providing advice for a range of LGPS Pension Funds and employers
  • Building strong relationships with and gain detailed knowledge about clients
  • Manage a client team, ensuring work is of a high quality and within agreed timescales
  • Support Partners in managing client relationships, identifying any problems that arise (e.g. level of fees/ poor service) and helping resolve them as soon as possible
  • Attend client meetings and identify ways that we can help our clients and report new initiatives
  • Lead on internal working groups covering specialist topics like LGPS accounting or governance
  • Use of a variety of techniques and theoretical principles to assess risk linked to all areas of LGPS pensions
  • Check work of other team members, ensuring accuracy and compliance with LGPS regulations
  • Provide advice to clients on how they might achieve their objectives while satisfying the needs of all stakeholders
  • Actively look for opportunities to support clients with other BW/Howden services
  • Present both internally to the team and externally to clients and give external talks as and when required
  • Assisting with new business opportunities, including supporting tenders and pitch processes

Qualifications

  • Qualified actuary – Fellowship Actuarial Qualifications FIA / FAA or equivalent
  • DB Pension experience
  • 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
  • A willingness to communicate and pass on knowledge and develop junior members of the team

Benefits

  • 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.
  • For a full list of benefits, please click here
  • 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 reasonable adjustments could support you,

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Senior Consulting Actuary - Public Sector in Glasgow 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 Senior Consulting Actuary - Public Sector in Glasgow

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.

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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.

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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 Senior Consulting Actuary - Public Sector in Glasgow

Client Consulting
Local Government Pension Scheme (LGPS) expertise
Team Leadership
Governance Activity
Funding Strategy
Employer Risk Assessment
Statutory Reporting

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.