At a Glance
- Tasks: Join WTW as an actuarial consultant, working on diverse UK pensions projects.
- Company: WTW is a market leader in pensions, known for innovative solutions and strong growth.
- Benefits: Enjoy flexible working options, extensive development opportunities, and a supportive team culture.
- Why this job: Be part of exciting projects and contribute to impactful initiatives in the pensions industry.
- Qualifications: Open to all levels; strong communication, project management, and mentoring skills are essential.
- Other info: Join a diverse community with inclusion networks and a commitment to social responsibility.
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.
The Role
You will be joining WTW as an actuarial consultant working on core UK defined benefit 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. You will have opportunities to contribute to varied and interesting projects such as:
- Integrated risk management
- Liability management
- GMP equalisation
- Plan design strategy
- Asset/liability modelling and journey planning strategy
- Mergers and acquisitions
You will work as part of a team, building relationships and liaising effectively with colleagues. You will take an active interest in the development of more junior staff, delegating effectively and providing development opportunities through mentoring.
What can we offer you?
You will have the opportunity to contribute to achieving the exciting growth strategy of the strongly performing GB Retirement practice. You will be working within a supportive team of diverse colleagues, including some of the leading figures in the pensions industry. WTW is truly a market leader. To give just two examples, we advised on the first longevity swap for a UK pension scheme and pioneered the new Collective DC benefit structure: we are scheme actuary to the UK’s first CDC scheme. Actuarial consultants at WTW benefit from all the resources and opportunities that a large company can provide, but this doesn’t come at the cost of individuality. We encourage and support our colleagues to tailor their roles to match their passions, strengths and aspirations. We provide extensive development opportunities, underpinned by our award-winning Pathfinder initiative which ensures provision of a wide range of consulting opportunities, as well as the high-quality training you would expect from a market-leading employer. All client and internal roles are advertised on a weekly online noticeboard, giving colleagues the opportunity to pursue the career which works for them, for example becoming a specialist in a particular technical area, undertaking client secondments or becoming a people manager. Irrespective of which office you join, you will be part of the wider WTW community. Our inclusion networks include Gender Equity, LGBT+, Multicultural, Workability and Young Professionals, and our Corporate Social Responsibility group champions social and charitable activities in our local communities. These groups are at the heart of how we engage and inspire colleagues in our offices. Inclusion creates the environment where diversity can thrive.
Location: Watson House, London Road, Reigate RH2 9PQ. While you will be part of the local team, you will also benefit from the opportunity to work on client teams and with colleagues from other offices.
Work Style: 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.
Qualifications Desired Skills and Experience
We welcome applications from candidates at all stages of their actuarial journey—whether you're part-qualified, nearly or newly qualified, or fully qualified. Strong client-service orientation. Strong written and verbal communication skills. Proven experience of project management of large teams and projects. 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.
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email.
Actuarial Pensions Consultant, Reigate – 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, Reigate – All Levels Welcome
✨Tip Number 1
Familiarise yourself with the latest trends in defined benefit pensions and actuarial consulting. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews, showcasing your knowledge and enthusiasm for the field.
✨Tip Number 2
Network with current or former employees of WTW or similar firms. Reach out on platforms like LinkedIn to gain insights about the company culture and expectations, which can help you tailor your approach when applying and interviewing.
✨Tip Number 3
Prepare to discuss your experience with project management and mentoring, as these are key aspects of the role. Think of specific examples where you've successfully led a team or supported junior colleagues, as this will demonstrate your fit for the position.
✨Tip Number 4
Showcase your adaptability and willingness to learn by discussing any experiences where you've stepped outside your comfort zone. This aligns with WTW's values and will highlight your potential to thrive in their dynamic work environment.
We think you need these skills to ace Actuarial Pensions Consultant, Reigate – All Levels Welcome
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial work, particularly in pensions. Emphasise any project management roles and your ability to mentor junior colleagues, as these are key aspects of the role.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific projects or initiatives by WTW that resonate with you, and explain how your skills align with their needs.
Showcase Communication Skills: Since strong written and verbal communication skills are essential, ensure your application is clear, concise, and free of errors. Use professional language and structure your documents logically.
Highlight Continuous Learning: Demonstrate your commitment to personal and professional development. Mention any relevant qualifications, training, or initiatives you've undertaken to further your actuarial knowledge and skills.
How to prepare for a job interview at Willis Towers Watson
✨Understand the Role
Make sure you have a solid grasp of what an Actuarial Pensions Consultant does. Familiarise yourself with key responsibilities like valuations, accounting, and asset/liability modelling. This will help you answer questions confidently and show your genuine interest in the role.
✨Showcase Your Communication Skills
Since strong written and verbal communication skills are essential, prepare to demonstrate these during the interview. Practice explaining complex actuarial concepts in simple terms, as you may need to communicate with clients who aren't familiar with technical jargon.
✨Highlight Your Teamwork Experience
As the role involves working closely with colleagues and mentoring junior staff, be ready to discuss your experiences in team settings. Share examples of how you've successfully collaborated on projects or supported others in their development.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and project management skills. Think of specific situations where you've had to manage large teams or projects, and be prepared to explain your approach and the outcomes.