At a Glance
- Tasks: Join WTW as a Pension Actuarial Consultant, working on diverse UK pensions projects.
- Company: WTW is a leading global advisory, broking, and solutions company committed to inclusivity.
- Benefits: Enjoy a collaborative team environment, mentorship opportunities, and the chance to work on innovative projects.
- Why this job: This role offers varied tasks, a supportive culture, and the chance to make a real impact.
- Qualifications: All levels welcome; part-qualified, newly qualified, or fully qualified actuaries with relevant experience.
- Other info: We embrace diversity and are committed to creating an inclusive workplace for everyone.
The predicted salary is between 28800 - 48000 £ per year.
We welcome applications from candidates at all stages of their actuarial journey—whether you\’re part-qualified, nearly or newly qualified, or fully qualified.
Your role at WTW
You will be joining WTW as a Pension Actuarial Consultant, contributing to our UK Defined Benefit pensions work. We welcome applications from part-qualified, recently qualified, and fully qualified actuaries with relevant experience in core UK pensions actuarial work.
We work with a wide range of clients and your work may cover both trustee and corporate assignments. As well as providing advice on regular valuations, accounting, PPF levies, individual calculations, and factor reviews, we often work alongside our clients on innovative, market-leading projects.
As a pension actuarial consultant at WTW, you will have opportunities to contribute to varied and interesting projects such as:
- Integrated risk management
- Liability management
- Guaranteed minimum pension (GMP) equalisation
- Plan design strategy
- Asset and liability modelling and journey planning strategy
- Mergers and acquisitions
You will be part of a collaborative and inclusive team environment, actively engaging in team collaboration and building relationships.
As a pension actuarial consultant, you will also mentor junior colleagues, developing their skills, while demonstrating strong project management and delegation skills.
Our “Work Styles” structure allows you to choose the option which best suits you. The structure is grounded in the trust which we place in all colleagues and has flexibility as its core. Most colleagues have selected the hybrid option, which offers a flexible mix of working from home and in the office, choosing your location to match your plans for each day, for example attending the office for client meetings and personal development. You can also benefit from flexible working opportunities, such as part-time working, and will have control over your work-life balance.
See more information about our WTW careers page: https://careers.wtwco.com/jobs/search?page=1&query=actuarial
Qualifications
Desired Skills and Experience
- Experience working as a pension actuary on core UK defined benefit pensions actuarial work.
- IFoA part-qualified, nearly/newly qualified OR qualified actuary – All levels welcome.
- Strong client-service orientation.
- Strong written and verbal communication skills to deliver impactful client interactions.
- Proven delegation skills and a desire to coach and mentor junior colleagues.
- Sense of accountability: owning your work and taking pride in it.
- Self-starter: interest in continually challenging yourself and willingness to step outside of your comfort zone.
- Ability to think beyond the task at hand and understand how work fits into the broader landscape.
Equal Opportunity Employer
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.
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Actuarial Pensions Consultant – All Levels Welcome employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Pensions Consultant – All Levels Welcome
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in pensions. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in UK defined benefit pensions.
✨Tip Number 2
Familiarise yourself with the specific projects mentioned in the job description, such as GMP equalisation and asset-liability modelling. Being able to discuss these topics in detail during interviews will demonstrate your genuine interest and knowledge in the role.
✨Tip Number 3
Showcase your mentoring skills by discussing any previous experiences where you have coached or guided junior colleagues. This will highlight your ability to contribute to the collaborative team environment that WTW values.
✨Tip Number 4
Prepare to discuss how you take accountability for your work. Think of examples where you've owned a project or task, and be ready to explain how you ensured its success, as this aligns with the qualities WTW is looking for in a candidate.
We think you need these skills to ace Actuarial Pensions Consultant – All Levels Welcome
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in UK defined benefit pensions actuarial work. Emphasise any qualifications, projects, or roles that demonstrate your skills and knowledge in this area.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that align with WTW's work and values, and express your eagerness to contribute to their team.
Highlight Communication Skills: Since strong written and verbal communication skills are essential for this role, provide examples in your application of how you've successfully communicated complex actuarial concepts to clients or colleagues.
Showcase Leadership and Mentoring Experience: If you have experience mentoring junior colleagues or leading projects, make sure to include this in your application. Highlight your ability to delegate tasks and manage teams effectively.
How to prepare for a job interview at Willis Towers Watson
✨Showcase Your Actuarial Journey
Whether you're part-qualified or fully qualified, be prepared to discuss your actuarial journey. Highlight specific experiences that relate to UK defined benefit pensions work, and how these have shaped your skills and knowledge.
✨Demonstrate Strong Communication Skills
Since the role involves client interactions, practice articulating complex actuarial concepts in a clear and concise manner. Use examples from your past experiences to illustrate your communication style and effectiveness.
✨Emphasise Team Collaboration
WTW values a collaborative environment, so be ready to share examples of how you've worked effectively in teams. Discuss any mentoring experiences you have, as this shows your ability to support and develop junior colleagues.
✨Exhibit a Self-Starter Attitude
Prepare to discuss instances where you've taken initiative or stepped outside your comfort zone. This could include leading projects or proposing innovative solutions, which aligns with WTW's focus on market-leading projects.