At a Glance
- Tasks: Provide high-quality actuarial services for UK pension schemes and collaborate with team members.
- Company: Join a leading firm specializing in pensions and actuarial consulting.
- Benefits: Enjoy a permanent position with opportunities for professional growth and development.
- Why this job: Make a real impact by advising clients and building strong relationships in the pension sector.
- Qualifications: Fellow of the Institute and Faculty of Actuaries or equivalent, with relevant pensions experience required.
- Other info: Locations available in Birmingham, Edinburgh, Glasgow, and London.
The predicted salary is between 28800 - 48000 £ per year.
As an actuarial consultant, you will provide an efficient, high-quality service to clients, with a primary focus on UK defined benefit pension schemes, working with both Trustee Boards and Sponsoring Employers.
- Location: Birmingham/Edinburgh/Glasgow/London
- Category: Pensions
- Type: Permanent
Key Duties (Including but not limited to):
- Ensure that work prepared by the team meets a high-quality standard of service for clients. Work collaboratively as part of the team in the preparation of advice, including reviewing/checking calculations undertaken by more junior team members and peer review of client work for other colleagues.
- Signing out work in your own name where applicable or ensuring that statutory actuarial calculations are prepared in readiness for sign off by the Scheme Actuary.
- Consult with client contacts to agree budgets and deadlines for work, ensuring necessary service agreements are in place.
- Build strong relationships with your client at all levels as appropriate, ensuring that we have sufficient breadth and depth of relationships with the client to deliver our core services to the levels expected.
- Fellow of the Institute and Faculty of Actuaries (or equivalent recognised actuarial qualification) with relevant pensions experience. Scheme Actuary certificate not required.
- Have a good understanding of the legislative framework for UK pension schemes, including all aspects of the Pensions Act 1995, disclosure requirements, and statutory reporting requirements.
- Be able to undertake the statutory actuarial calculations required in readiness for sign off by a Scheme Actuary.
- Have some broader experience in areas such as corporate transactions, risk transfer, liability management exercises, pensions aspects of sale agreements, or dealing with the practical aspects of bulk transfers.
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Actuarial Consultant – 28452 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant – 28452
✨Tip Number 1
Familiarize yourself with the specific requirements of UK defined benefit pension schemes. Understanding the nuances of these schemes will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work with pension schemes. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Brush up on your knowledge of the Pensions Act 1995 and other legislative frameworks. Being well-versed in these regulations will set you apart as a candidate who is ready to hit the ground running.
✨Tip Number 4
Prepare to discuss your experience with statutory actuarial calculations and any relevant projects you've worked on. Be ready to provide examples of how you've collaborated with teams and clients to deliver high-quality service.
We think you need these skills to ace Actuarial Consultant – 28452
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of an actuarial consultant, especially in relation to UK defined benefit pension schemes. Familiarize yourself with key terms and concepts that are relevant to the position.
Highlight Relevant Experience: In your application, emphasize any previous experience you have with pensions, particularly in areas like statutory actuarial calculations, corporate transactions, or risk transfer. Use specific examples to demonstrate your expertise.
Showcase Your Qualifications: Clearly state your qualifications, including your fellowship with the Institute and Faculty of Actuaries or any equivalent recognized actuarial qualification. Mention any relevant training or certifications that enhance your candidacy.
Tailor Your Application: Customize your CV and cover letter to reflect the specific requirements mentioned in the job description. Address how your skills and experiences align with the company's needs and values, particularly in building client relationships.
How to prepare for a job interview at The Emerald Group
✨Understand the Legislative Framework
Make sure you have a solid grasp of the UK pension scheme legislation, especially the Pensions Act 1995. Being able to discuss these regulations confidently will show your expertise and readiness for the role.
✨Demonstrate Team Collaboration
Prepare examples of how you've worked collaboratively in previous roles. Highlight your experience in reviewing calculations and providing peer feedback, as teamwork is crucial in this position.
✨Build Client Relationships
Think about how you can establish strong relationships with clients. Be ready to share past experiences where you successfully managed client expectations and maintained service agreements.
✨Showcase Relevant Experience
Be prepared to discuss your relevant pensions experience, including any work with defined benefit schemes or corporate transactions. This will help demonstrate that you are well-suited for the responsibilities of the role.