At a Glance
- Tasks: Provide high-quality actuarial services for UK pension schemes and collaborate with clients.
- Company: Join a leading firm dedicated to delivering exceptional pension consultancy services.
- Benefits: Enjoy flexible working options, competitive salary, and professional development opportunities.
- Why this job: Be part of a dynamic team making a real impact in the pensions sector.
- Qualifications: Fellow of the Institute and Faculty of Actuaries or equivalent, with relevant pensions experience.
- Other info: Locations available in Birmingham, Edinburgh, Glasgow, and London.
The predicted salary is between 43200 - 72000 £ 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.
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
Network with professionals in the actuarial field, especially those who work with UK defined benefit pension schemes. Attend industry events or webinars to connect with potential colleagues and clients, as personal connections can often lead to job opportunities.
✨Tip Number 2
Stay updated on the latest legislative changes affecting UK pension schemes. Being knowledgeable about the Pensions Act 1995 and other relevant regulations will not only enhance your expertise but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Consider seeking out mentorship from experienced actuaries. They can provide valuable insights into the industry and help you understand the nuances of client relationships and service delivery that are crucial for success in this role.
✨Tip Number 4
Prepare to discuss specific examples of your experience with statutory actuarial calculations and client interactions. Being able to articulate your past successes and how they relate to the key duties of the role will set you apart from other candidates.
We think you need these skills to ace Actuarial Consultant – 28452
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an actuarial consultant. Familiarise yourself with UK defined benefit pension schemes and the key duties outlined in the job description.
Tailor Your CV: Highlight your relevant experience in pensions and actuarial work. Emphasise any qualifications, such as being a Fellow of the Institute and Faculty of Actuaries, and detail your understanding of the legislative framework for UK pension schemes.
Craft a Strong Cover Letter: In your cover letter, explain why you are a great fit for the role. Mention specific experiences that demonstrate your ability to provide high-quality service and build strong client relationships, as well as your collaborative skills.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at The Emerald Group
✨Know Your Pensions Legislation
Make sure you have a solid understanding of the UK pensions legislation, especially the Pensions Act 1995. Be prepared to discuss how this knowledge applies to your previous work and how it can benefit the company.
✨Demonstrate Team Collaboration
Since the role involves working closely with teams, be ready to share examples of how you've successfully collaborated in the past. Highlight your experience in reviewing work and mentoring junior colleagues, as this will show your leadership potential.
✨Build Client Relationships
Prepare to talk about your approach to building strong relationships with clients. Think of specific instances where you’ve successfully managed client expectations or navigated challenging conversations, as this is crucial for the role.
✨Showcase Your Actuarial Skills
Be ready to discuss your actuarial qualifications and relevant experience in pensions. Highlight any specific projects or calculations you've worked on that demonstrate your expertise and readiness for the responsibilities of the role.