At a Glance
- Tasks: Lead actuarial projects, provide expert advice, and manage client relationships.
- Company: Fast-growing pension consolidator with a dynamic team culture.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Join a diverse team and shape the future of pension consulting.
- Why this job: Make a real impact in the evolving pensions landscape while developing your skills.
- Qualifications: Qualified actuary with Scheme Actuary certification and strong communication skills.
The predicted salary is between 60000 - 80000 £ per year.
This role sits within the wider Actuarial & Consulting business. This is one of the fastest-growing defined benefit pension consolidators in the market, currently managing over 65 pension schemes with many different sponsoring employers and a variety of sizes. The team continue to regularly attract and win new schemes. They advise on everything from helping trustees and sponsors to manage their defined benefit plans from routine actuarial valuations to complex technical projects regarding benefit rectification work, GMP equalisation, insurance and end-game planning, in addition to supporting their clients with alternative reward and pension provision. The range of work they get involved with is vast and there’ll be opportunities for you to gain lots of great, new experiences and put your skills to the test.
This is an excellent opportunity for an experienced Scheme Actuary to take on a senior, visible role within a fast growing consolidation proposition, combining high quality technical delivery, trustee facing advice, leadership of client teams and the opportunity to help shape and expand the team's offering.
Day to day, you will:
- Act as Scheme Actuary to a portfolio of schemes, providing clear, credible and confident actuarial advice to the Trustee and other stakeholders.
- Be responsible for the delivery of high quality, complex actuarial calculations and written advice, often across multiple concurrent projects, ensuring appropriate standards of risk management, governance and compliance.
- Lead and manage key client engagements, including responsibility for project planning, timescales, budgets and stakeholder management, working closely with the Trustee contacts at Entrust, the junior team and scheme sponsors.
- Manage and develop teams on each project, providing regular on the job coaching and feedback to Analysts, Assistant Managers and Managers to support their technical and professional development.
- Build and maintain strong, trusted relationships with sponsors and internal teams, acting as a senior point of contact.
- Proactively look for opportunities to expand the scope of work on schemes and support the continued growth of the proposition, bringing a commercial and entrepreneurial mindset.
- Share your specialist technical knowledge across the wider actuarial pensions team, contributing to thought leadership, internal training and development of best practice.
- Play an active role in shaping and improving how the team and proposition continue to develop as the market evolves.
What they’re looking for:
- Experience – a qualified actuary FIA/FFA with Scheme Actuary certification (or ability to obtain a Scheme Actuary certificate immediately). You will have a strong track record of advising Trustee Boards, managing a portfolio of Scheme Actuary appointments and trustee relationships, and a strong understanding of the UK DB pensions landscape and the challenges facing schemes and consolidators.
- A great communicator – Strong technical pensions and actuarial capability, with the ability to explain complex issues clearly and pragmatically to a broad range of stakeholders.
- Enthusiasm and motivation – Highly motivated and able to work at pace across multiple projects, taking ownership of outcomes while consistently delivering high quality, professional advice.
- Excellent project management and client delivery skills – with experience balancing competing demands, stakeholders and deadlines across multiple engagements.
- A great team worker – a collaborator who works effectively across teams and disciplines demonstrating strong people skills, with a genuine interest in coaching and developing others.
- Commercially minded – with an appetite to help grow and shape a fast evolving proposition and identify new opportunities.
Scheme Actuary employer: The Emerald Group Ltd, Search and Selection
As a Scheme Actuary with our dynamic team in Manchester and Scotland, you will thrive in a fast-paced environment that champions professional growth and development. We offer a collaborative work culture where your expertise will be valued, and you'll have the opportunity to lead diverse projects while mentoring junior colleagues. With a commitment to innovation and excellence, we provide a unique platform for you to make a meaningful impact in the actuarial field, all while enjoying the vibrant atmosphere of our locations.
Contact Details:
The Emerald Group Ltd, Search and Selection Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Scheme Actuary
✨Tip Number 1
Network like a pro! Get out there and connect with people in the actuarial field. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. Think about how you can showcase your experience with trustee boards and project management. We recommend doing mock interviews with friends or mentors to build your confidence.
✨Tip Number 3
Showcase your skills through real-life examples. When you get the chance to chat with potential employers, highlight specific projects where you’ve delivered high-quality actuarial advice or managed client relationships. This will help them see the value you bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented actuaries like you. Keep an eye on our job listings and make sure your application stands out by tailoring it to the role you’re after.
We think you need these skills to ace Scheme Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Scheme Actuary role. Highlight your experience with defined benefit pension schemes and any relevant qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your enthusiasm for working in a fast-growing team like ours.
Showcase Your Communication Skills:As a Scheme Actuary, you'll need to communicate complex ideas clearly. In your application, demonstrate your ability to break down technical jargon into understandable terms. We love candidates who can connect with a variety of stakeholders!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Stuff
Make sure you brush up on your technical knowledge about defined benefit pensions and the specific challenges they face. Be ready to discuss your experience with actuarial calculations and how you've advised Trustee Boards in the past.
✨Showcase Your Communication Skills
Prepare to explain complex actuarial concepts in a way that's easy to understand. Think of examples where you've successfully communicated with stakeholders, and be ready to demonstrate your ability to adapt your communication style to different audiences.
✨Demonstrate Project Management Prowess
Be prepared to talk about your project management experience. Highlight instances where you've balanced competing demands and managed multiple projects simultaneously, ensuring high-quality delivery and stakeholder satisfaction.
✨Emphasise Team Collaboration
Since this role involves managing and developing teams, think of examples that showcase your teamwork and coaching abilities. Discuss how you've supported junior team members and contributed to a positive team environment.