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- Tasks: Join our team to provide expert advice on pension schemes and lead client meetings.
- Company: We are a leading actuarial consultancy dedicated to delivering tailored solutions for pension schemes.
- Benefits: Enjoy professional development, a vibrant culture, and a range of career opportunities.
- Why this job: Make an impact while working with talented colleagues in a supportive environment.
- Qualifications: Fully qualified Actuary or nearing qualification with strong analytical and communication skills.
- Other info: Opportunity to mentor junior colleagues and engage in diverse projects.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for Pensions Actuarial Consultants to join our team and help provide high quality support and advice to our clients to make sure their scheme members receive their benefits as planned. As a Pensions Actuarial Consultant, you will be working in a team to develop and deliver customised advice and solutions to clients (trustee and corporates) with a primary focus on DB pension schemes. You will also have the opportunity to work with colleagues across funding, investment, risk transfer and covenant to bring the best solutions to our clients.
We will count on you to:
- Lead client meetings and presentations
- Provide an informed view on current topics based on client circumstances, and tailoring advice as appropriate
- Utilise strong technical actuarial skills used to consult with clients on technical topics
- Communicate with clients in a clear and succinct manner
- Act as final technical reviewer for actuarial calculations
- Agree the strategy, direction and resourcing for client work
- Perform supervision, appraisals and act as a mentor for employees under supervision (if applicable) or informally via feedback on client work
- Participate in setting and negotiating fees, where appropriate and monitoring of fee budgets
What you need to have:
- Fully qualified Actuary/ nearing qualification
- Excellent communication skills, strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions
- Ability to manage projects, including distribution of work to junior colleagues
- A good understanding of a range of ways in which UK pension schemes operate
What makes you stand out:
- Significant experience working with trustees and/or corporates on DB pensions within an actuarial consultancy role
- Excellent communication skills
- Demonstrated business acumen, adaptability and a desire to be in front of clients, all underpinned by the required technical skills
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Pensions Actuarial Consultant employer: Marsh & McLennan Companies
Contact Detail:
Marsh & McLennan Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Actuarial Consultant
✨Tip Number 1
Network with professionals in the pensions and actuarial field. Attend industry events, webinars, or local meetups to connect with potential colleagues and clients. Building relationships can often lead to job opportunities that aren't advertised.
✨Tip Number 2
Stay updated on current trends and regulations in the pensions sector. Being knowledgeable about recent changes can help you engage in meaningful conversations during interviews and demonstrate your commitment to the field.
✨Tip Number 3
Prepare to showcase your technical skills through practical examples. Be ready to discuss specific projects or challenges you've faced in previous roles, particularly those related to DB pension schemes, as this will highlight your expertise.
✨Tip Number 4
Practice your communication skills, especially in explaining complex actuarial concepts in simple terms. This is crucial for client interactions, so consider role-playing scenarios with a friend or mentor to refine your approach.
We think you need these skills to ace Pensions Actuarial Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an actuary and your experience with DB pension schemes. Emphasise any relevant projects or roles that showcase your analytical and communication skills.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Pensions Actuarial Consultant role specifically. Mention your understanding of the challenges faced by trustees and corporates, and how your skills can help address these.
Showcase Technical Skills: Be specific about your technical actuarial skills in your application. Provide examples of how you've used these skills to consult on complex topics or lead client meetings, demonstrating your ability to communicate clearly and succinctly.
Highlight Leadership Experience: If applicable, mention any experience you have in mentoring or supervising junior colleagues. This will show your capability to manage projects and contribute to team development, which is important for this role.
How to prepare for a job interview at Marsh & McLennan Companies
✨Showcase Your Technical Skills
As a Pensions Actuarial Consultant, you'll need to demonstrate your strong technical actuarial skills. Be prepared to discuss specific actuarial approaches you've used in the past and how they apply to DB pension schemes.
✨Communicate Clearly
Excellent communication is key in this role. Practice explaining complex actuarial concepts in a clear and succinct manner, as you will need to tailor your advice based on client circumstances.
✨Demonstrate Project Management Abilities
Highlight your experience in managing projects and distributing work among junior colleagues. Be ready to provide examples of how you've successfully led teams and ensured timely delivery of client work.
✨Prepare for Client Interactions
Since you'll be leading client meetings and presentations, prepare by researching common client concerns and current topics in the pensions sector. Tailor your approach to show that you understand their unique needs and can provide customised solutions.
