Actuarial Consultant

Actuarial Consultant

London Full-Time 57600 - 86400 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join a collaborative team to deliver actuarial services and advise clients on strategic pensions issues.
  • Company: NFP, an Aon company, is dedicated to making better decisions for people worldwide.
  • Benefits: Enjoy flexible working options, two Global Wellbeing Days, and a supportive, inclusive environment.
  • Why this job: Gain exposure to C-suite leaders and prestigious clients while developing your skills in a dynamic setting.
  • Qualifications: Qualified or part-qualified actuary with strong communication skills and stakeholder management experience.
  • Other info: Embrace a culture of continuous learning and innovation, with reasonable accommodations for individuals with disabilities.

The predicted salary is between 57600 - 86400 £ per year.

Join to apply for the Actuarial Consultant role at NFP, an Aon company (UK)

5 days ago Be among the first 25 applicants

Join to apply for the Actuarial Consultant role at NFP, an Aon company (UK)

Are you interested in working on a close-knit, collaborative and knowledgeable actuarial team?
Would you like to work in a consulting environment and have daily exposure to C-suite leaders of a range of multinational and Indigenous clients?
Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients?
If so, this may be the role for you!
You could be based in any the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working.Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. What the day will look like
The Actuarial Consultant will have the opportunity to develop relationships with clients in delivering trustee work. Responsibilities will include:

  • Advising clients on strategic pensions issues, including benefit design, restructuring, risk management/transfer projects, funding, as well as pension accounting disclosures
  • Preparing actuarial valuations, funding certificates, funding proposals and actuarial statements as required under the Pensions Act 1990
  • Taking ownership for the quality of technical work delivered to clients, including reviewing work from more junior support team members as required
  • Working collaboratively on joint projects with colleagues in the general consulting, risk management and investment practices
  • Developing intellectual capital to support innovation and efficiencies

How this opportunity is different The Actuarial Consultant is encouraged to work autonomously to deliver actuarial services to their allocated clients while also working as part of a team with a diverse range of versatile, motivated colleagues who will support you. Client exposure within the actuarial team is second to none, providing opportunities to work with prestigious, global multinational clients daily. Skills and experience that will lead to success

  • Qualified Actuary or part qualified with less than one year remaining
  • Stakeholder management experience whilst exposure to leading client relationships would be advantageous
  • Ideally possesses relevant industry and consulting experience coupled with sound technical capability, however we are also interested in individuals willing to transition from non-pension actuarial areas
  • Strong communication and interpersonal skills, and comfortable in leading discussions at a senior management level
  • Ability to encourage and develop other colleagues, and work well within diverse teams
  • Whilst having an eye for detail, also capable of thinking and advising at a strategic level

How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two Global Wellbeing Days each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work… and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
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Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

  • Industries

    Insurance

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Actuarial Consultant employer: NFP, an Aon company (UK)

At Aon, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters collaboration and innovation. As an Actuarial Consultant, you'll enjoy the flexibility of Smart Working, a comprehensive benefits package, and the opportunity to engage with prestigious clients while developing your skills in a supportive environment. With a strong focus on employee growth and wellbeing, including Global Wellbeing Days, Aon is committed to helping you thrive both personally and professionally.
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Contact Detail:

NFP, an Aon company (UK) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Consultant

Tip Number 1

Network with professionals in the actuarial field, especially those who work at Aon or similar companies. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.

Tip Number 2

Familiarise yourself with the latest trends and challenges in the pensions sector. Being knowledgeable about current issues will help you engage in meaningful conversations during interviews and demonstrate your expertise.

Tip Number 3

Prepare to discuss your experience in stakeholder management and client relationships. Think of specific examples where you've successfully navigated complex situations, as this will be crucial for the role.

Tip Number 4

Showcase your communication skills by practising how to explain complex actuarial concepts in simple terms. This is vital for working with clients and senior management, so being able to articulate your thoughts clearly will set you apart.

We think you need these skills to ace Actuarial Consultant

Qualified Actuary or part qualified
Stakeholder Management
Client Relationship Management
Technical Actuarial Skills
Pension Accounting Knowledge
Actuarial Valuations
Risk Management Expertise
Strong Communication Skills
Interpersonal Skills
Strategic Thinking
Team Collaboration
Attention to Detail
Ability to Mentor and Develop Colleagues
Adaptability in a Consulting Environment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Actuarial Consultant role. Focus on your qualifications, any actuarial projects you've worked on, and your stakeholder management experience.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific reasons why you want to work at NFP, an Aon company, and how your background makes you a great fit for their team.

Highlight Technical Skills: In your application, emphasise your technical capabilities, especially those related to actuarial valuations and pension issues. Be specific about your experience with funding proposals and risk management projects.

Showcase Communication Skills: Since the role involves leading discussions at a senior management level, provide examples in your application of how you've effectively communicated complex information to clients or stakeholders in the past.

How to prepare for a job interview at NFP, an Aon company (UK)

Understand the Role

Make sure you thoroughly understand the responsibilities of an Actuarial Consultant. Familiarise yourself with key terms like 'actuarial valuations' and 'pension accounting disclosures' so you can speak confidently about them during the interview.

Showcase Your Communication Skills

Since this role involves advising clients and leading discussions at a senior management level, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information in previous roles.

Demonstrate Stakeholder Management Experience

Be ready to discuss your experience in managing client relationships. Highlight any specific instances where you successfully navigated challenges or built strong partnerships with stakeholders.

Prepare for Technical Questions

Expect technical questions related to actuarial principles and practices. Brush up on your knowledge of risk management, funding proposals, and benefit design to ensure you're well-prepared to answer these queries.

Actuarial Consultant
NFP, an Aon company (UK)
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