At a Glance
- Tasks: Lead a dynamic actuarial team and manage client relationships while driving innovative solutions.
- Company: Join a forward-thinking firm with a modern office in Edinburgh and a collaborative culture.
- Benefits: Enjoy competitive bonuses, extensive health benefits, and generous holiday allowances.
- Why this job: Make a real impact in the actuarial field and progress towards partnership.
- Qualifications: Qualified actuary with experience in Trustee consulting and management.
- Other info: Opportunities for growth across multiple UK locations and a supportive work environment.
The predicted salary is between 48000 - 72000 £ per year.
Following the recent opening of our new, modern Edinburgh office and the appointment of our new Actuarial Consulting Partner for Edinburgh, we have an exciting, permanent opportunity for a Principal, Senior Consulting Actuary (hybrid working). We are looking for a senior player in the market to join us at Principal level (with a next step progression route to Partner) to help drive forward the success of our growing actuarial team and expand our Edinburgh office.
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.
Snapshot of your day:
- Managing a portfolio of Scheme Actuary appointments
- Managing client relationships
- Meeting with clients and prospects
- Monitoring fee recovery rates
- Managing the team and checking work to ensure high quality output is delivered within agreed timeframes
- Taking ownership of any problems and complaints and ensuring that correct procedures are followed
- Assisting with the training, coaching and development of the team and acting as a mentor to actuarial staff
- Supporting with recruiting activity and interviewing
- Developing relationships with potential new clients through networking
- Helping prepare new business tenders and presenting our services at new business pitches as required
- Identifying new ways that the firm (including other practice areas) can help support our clients
- Seeking ways to promote the brand and profile of the Firm e.g. external talks or seminars
We would love to hear from you if you have:
- Scheme Actuary practicing certificate or working towards - or equivalent
- Proven experience across a wide range of Trustee consulting and management responsibilities
- Qualified actuary – Fellowship Actuarial Qualifications FIA / FAA or equivalent
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.
Principal (Senior Consulting Actuary) employer: LGBT Great
Contact Detail:
LGBT Great Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal (Senior Consulting Actuary)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to potential colleagues or clients. Building relationships can open doors that a CV just can’t.
✨Showcase Your Expertise
When you get the chance to meet with potential employers, make sure to highlight your experience and skills. Share specific examples of how you've tackled complex issues in the past. This is your time to shine!
✨Be Ready for the Pitch
Prepare a killer pitch about yourself and what you can bring to the table. Tailor it to the company’s needs and values, especially focusing on how you can help them expand their actuarial services. Practice makes perfect!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Principal (Senior Consulting Actuary)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Principal, Senior Consulting Actuary role. Highlight your actuarial qualifications and any relevant consulting experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team in Edinburgh. Share specific examples of how you've tackled complex issues in the past and how you can bring value to us.
Showcase Your Client Management Skills: Since managing client relationships is key in this role, be sure to include examples of how you've successfully built and maintained client connections. We love seeing how you’ve made a difference for your clients!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at LGBT Great
✨Know Your Stuff
Make sure you brush up on your actuarial knowledge, especially around topics like risk management and legislative changes. Being able to discuss these areas confidently will show that you're not just qualified, but also genuinely interested in the field.
✨Showcase Your Leadership Skills
As a Principal, you'll be managing teams and client relationships. Prepare examples of how you've successfully led projects or mentored others in the past. This will demonstrate your capability to take ownership and drive success within the team.
✨Prepare for Client Scenarios
Think about potential client scenarios you might face in this role. Be ready to discuss how you would approach complex issues and provide pragmatic advice. This will highlight your problem-solving skills and your ability to think on your feet.
✨Network Like a Pro
Since developing relationships with potential clients is key, come prepared with ideas on how you can leverage your existing network. Discussing your networking strategies will show that you’re proactive and ready to expand the firm's reach.