At a Glance
- Tasks: Join WTW as a Pension Actuarial Consultant, working on diverse UK pensions projects.
- Company: WTW, a leader in actuarial consulting with a focus on inclusivity.
- Benefits: Flexible hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact while mentoring others in a collaborative environment.
- Qualifications: Open to all levels of actuaries with relevant UK pensions experience.
- Other info: Embrace diversity and enjoy a supportive workplace culture.
The predicted salary is between 36000 - 60000 £ per year.
Description
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, Birmingham – 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, Birmingham – All Levels Welcome
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at WTW. Building relationships can open doors that applications alone can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your relevant experience and skills. Talk about specific projects you've worked on, especially those related to UK pensions actuarial work, to show you’re the right fit for the role.
✨Prepare for Interviews
Do your homework before interviews! Understand WTW’s values and recent projects. Prepare questions that show your interest in their work, especially around innovative projects like GMP equalisation or asset and liability modelling.
✨Follow Up
After any interaction, whether it’s an interview or a networking event, send a quick thank-you note. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a great way to reiterate your enthusiasm for the role!
We think you need these skills to ace Actuarial Pensions Consultant, Birmingham – All Levels Welcome
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Actuarial Pensions Consultant role. Highlight any specific projects or tasks you've worked on that align with the job description, especially in UK defined benefit pensions.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about pensions and how your journey as an actuary has prepared you for this role. Don’t forget to mention your client-service orientation and mentoring experience!
Showcase Your Communication Skills: Since strong written communication is key, ensure your application is clear and concise. Use professional language but let your personality shine through. We want to see how you can engage clients effectively!
Apply Through Our Website: We encourage you to apply directly through our careers page. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Willis Towers Watson
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK defined benefit pensions. Familiarise yourself with key concepts like liability management and GMP equalisation, as these are likely to come up in conversation. Being able to discuss recent trends or changes in the industry will show that you're engaged and knowledgeable.
✨Showcase Your Client-Service Skills
Since strong client-service orientation is crucial for this role, prepare examples from your past experiences where you've successfully managed client relationships. Think about how you’ve handled challenging situations or provided exceptional service, and be ready to share these stories during the interview.
✨Demonstrate Your Mentoring Abilities
As a consultant, you'll be expected to mentor junior colleagues. Prepare to discuss any previous mentoring or coaching experiences you have. Highlight how you’ve helped others develop their skills and what strategies you used to support their growth.
✨Embrace Flexibility and Collaboration
With WTW's hybrid working model, it's important to express your adaptability. Share your thoughts on how you manage work-life balance and collaborate effectively in both remote and office settings. This will show that you align with their culture of flexibility and teamwork.