Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join the Analytical Solutions Team to deliver innovative actuarial solutions for defined benefit pension schemes.
- Company: A leading organisation providing actuarial advice to public sector bodies.
- Benefits: Highly competitive pension, flexible working options, and strong focus on professional development.
- Why this job: Make a real impact in the public sector while developing your actuarial skills.
- Qualifications: Fellow of the Institute and Faculty of Actuaries or equivalent, with knowledge of UK pension schemes.
- Other info: Opportunities to explore insurance, investment, climate, and risk-related work.
The predicted salary is between 36000 - 60000 £ per year.
This organisation provides actuarial advice and analysis to support public sector objectives. Their remit covers advisory and analytical support across a broad range of government and public sector bodies. Their team comprises highly skilled actuaries and analysts, complemented by specialist pension, investment and climate consultants. Together, they collaborate to deliver innovative solutions tailored to their clients' needs. With offices strategically located in London and Edinburgh, they prioritise proximity to their clients, fostering strong, collaborative relationships across their diverse client base.
You will be a member of the Analytical Solutions Team, working on defined benefit pension schemes. Their vision is to be a trusted centre of analytical excellence, delivering integrated, innovative, and insightful solutions to empower client-facing teams to provide robust, evidence-based advice. They aim to set the benchmark for analytical excellence, supporting confident decisions and lasting value for their clients. They offer excellent benefits including a highly competitive pension, flexible working options, and a strong focus on learning and professional development.
Main areas of work may include, but are not necessarily limited to the following in relation to defined benefit pension schemes:
- Actuarial valuations
- Funding updates between formal actuarial valuations
- Calculation of actuarial factors for member options
- Complex member benefit calculations
This is not an exhaustive list and responsibilities may evolve based on operational requirements and business needs. There may also be opportunities to gain exposure to other areas such as insurance, investment, climate, and risk-related work as your role develops.
Person specification
Detailed knowledge of actuarial calculations underlying valuations, with the following aspects desirable:
- Schemes open to new accrual with active members
- Career average salary schemes
- Ability to both check work at a detailed level and carry out high-level reviews
- Experience of using pension valuation systems such as Mantle is desirable, or a strong willingness to learn new systems
- Ability to manage projects to agreed budgets and timescales, liaising closely with stakeholders
- Ability to support and mentor junior team members
Behaviours
Candidates will be assessed against the following behaviours during the selection process:
- Delivering at Pace
- Managing a Quality Service
- Working Together
- Communicating and Influencing
Technical skills
Candidates will be assessed against the following technical skills:
- Fellow of the Institute and Faculty of Actuaries (IFoA), or equivalent actuarial professional body (Essential)
- Detailed knowledge of actuarial concepts and techniques as applied to UK defined benefit pension schemes (Essential)
Pensions Actuary employer: The Emerald Group Ltd, Search and Selection
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Actuary
✨Tip Number 1
Network like a pro! Reach out to current employees or alumni from your university who work in the pensions sector. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss actuarial concepts and techniques, especially those related to defined benefit pension schemes. We want you to shine!
✨Tip Number 3
Showcase your collaborative spirit! During interviews, share examples of how you've worked with others to deliver quality results. This is key in our team-oriented environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Pensions Actuary
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with defined benefit pension schemes. We want to see how your skills align with our needs, so don’t hold back on showcasing your actuarial knowledge!
Showcase Your Technical Skills: Since we’re looking for someone with a solid understanding of actuarial concepts, be sure to mention any relevant qualifications or experiences. If you’ve worked with pension valuation systems like Mantle, let us know – it could give you an edge!
Demonstrate Your Collaborative Spirit: We value teamwork here at StudySmarter, so highlight any experiences where you’ve successfully worked with others. Whether it’s mentoring junior team members or collaborating on projects, show us how you can contribute to our strong team dynamic.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be good to go!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of actuarial calculations, especially those related to defined benefit pension schemes. Be ready to discuss specific concepts and techniques, as well as any experience you have with pension valuation systems like Mantle.
✨Showcase Your Project Management Skills
Prepare examples that demonstrate your ability to manage projects within budgets and timelines. Think about times when you liaised with stakeholders and how you ensured quality service delivery while working at pace.
✨Emphasise Teamwork and Mentoring
This role values collaboration, so be ready to talk about your experiences working in teams. Highlight any instances where you've supported or mentored junior colleagues, showcasing your ability to work together effectively.
✨Communicate Clearly and Confidently
Practice articulating your thoughts clearly, as communication is key in this role. Prepare to influence and engage with your interviewers by discussing how you’ve communicated complex actuarial concepts to non-technical stakeholders in the past.