Actuarial Pensions Consultant
Actuarial Pensions Consultant

Actuarial Pensions Consultant

Birmingham Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
WTW

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 part-time hours, mentorship opportunities, and a supportive work culture.
  • Why this job: Make a real impact in the pensions sector while developing your skills.
  • Qualifications: Part-qualified to fully qualified actuaries with a passion for client service.
  • Other info: Embrace diversity and grow in a dynamic, collaborative environment.

The predicted salary is between 36000 - 60000 ÂŁ 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 Pensionuarial 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.

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 employer: WTW

WTW is an exceptional employer for Actuarial Pensions Consultants, offering a dynamic work environment that fosters innovation and collaboration. With a strong commitment to employee growth, you will have the opportunity to engage in diverse projects while mentoring junior colleagues, all within a culture that values inclusivity and diversity. Located in the UK, WTW provides a supportive atmosphere where your contributions are recognised and rewarded, making it a meaningful place to advance your actuarial career.
WTW

Contact Detail:

WTW Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Pensions Consultant

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, attend industry events, and join relevant online forums. The more people you know, the better your chances of landing that Actuarial Pensions Consultant role.

✨Tip Number 2

Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.

✨Tip Number 3

Showcase your skills through real-life examples. When discussing your experience, highlight specific projects you've worked on, especially those related to UK defined benefit pensions. This will demonstrate your expertise and make you stand out.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Actuarial Pensions Consultant

Pensions Actuarial Expertise
Valuation Skills
Accounting Knowledge
PPF Levy Understanding
GMP Equalisation
Liability Management
Asset and Liability Modelling
Journey Planning
Mergers and Acquisitions Knowledge
Client Service Orientation
Written Communication Skills
Verbal Communication Skills
Project Management
Mentoring Skills
Delegation Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Actuarial Pensions Consultant role. Highlight your relevant experience in UK defined benefit pensions and any specific projects you've worked on that align with the job description.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pensions and how your skills make you a great fit for WTW. Don’t forget to mention any mentoring or project management experience!

Showcase Your Communication Skills: Since strong communication is key, ensure your application reflects your ability to convey complex ideas clearly. Use concise language and structure your application well to demonstrate your written communication prowess.

Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us, making it easier for us to review your credentials!

How to prepare for a job interview at WTW

✨Know Your Numbers

As an Actuarial Pensions Consultant, you'll be dealing with a lot of data. Brush up on your understanding of UK defined benefit pensions and be ready to discuss specific calculations or valuations you've worked on. This shows you’re not just familiar with the theory but can apply it practically.

✨Showcase Your Client Skills

Since this role involves working closely with clients, prepare examples that highlight your client-service orientation. Think about times when you’ve successfully communicated complex actuarial concepts to non-experts or resolved client issues effectively.

✨Demonstrate Team Spirit

Collaboration is key in this role. Be ready to talk about your experience working in teams, especially in mentoring junior colleagues. Share specific instances where you’ve taken the lead on a project or helped others grow in their roles.

✨Stay Current with Industry Trends

The actuarial field is always evolving, so show your enthusiasm for continuous learning. Mention any recent developments in pensions or risk management that you find interesting, and how you think they could impact the work at WTW.

Actuarial Pensions Consultant
WTW
Location: Birmingham

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