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 focused on inclusivity.
- Benefits: Enjoy a collaborative team environment, mentorship opportunities, and a commitment to diversity.
- Other info: We celebrate diversity and encourage applicants from all backgrounds.
- Why this job: Be part of innovative projects that make a real impact in the pensions sector.
- Qualifications: Open to all levels of actuaries; strong communication and project management skills required.
The predicted salary is between 36000 - 60000 £ 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 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. For more information on our Pensions Corporate Consulting offering, please visit: https://www.wtwco.com/en-gb/solutions/services/pensions-corporate-consulting
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&country_codes[]=GB&query=actuarial
Qualifications
What you’ll bring
- 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.
What we offer
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
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 candidatehelpdesk@wtwco.com
Actuarial Pensions Consultant, Edinburgh – All Levels Welcome employer: WTW
WTW is an exceptional employer for Actuarial Pensions Consultants, offering a dynamic and inclusive work culture in the heart of Edinburgh. With a commitment to employee growth, you will have the opportunity to mentor junior colleagues while engaging in innovative projects that shape the future of pensions consultancy. Our collaborative environment not only values diverse perspectives but also empowers you to take ownership of your work and continuously challenge yourself.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Pensions Consultant, Edinburgh – 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 your interview will demonstrate your genuine interest and knowledge in the role.
✨Tip Number 3
Showcase your mentoring skills by preparing examples of how you've helped junior colleagues in previous roles. This will highlight your ability to contribute to a collaborative team environment, which is highly valued at WTW.
✨Tip Number 4
Research WTW's culture and values, particularly their commitment to inclusivity and diversity. Be ready to discuss how you can contribute to this culture and why it resonates with you during your interview.
We think you need these skills to ace Actuarial Pensions Consultant, Edinburgh – 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 Compelling 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 enthusiasm for contributing 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 or leading teams, be sure to include this in your application. Highlight specific instances where you've coached junior colleagues or managed projects, as this aligns with the responsibilities of the role.
How to prepare for a job interview at WTW
✨Showcase Your Actuarial Knowledge
Make sure to brush up on your understanding of UK defined benefit pensions and the specific actuarial work involved. Be prepared to discuss your experience with valuations, accounting, and any innovative projects you've been part of.
✨Demonstrate Communication Skills
Since strong written and verbal communication is key for this role, practice articulating your thoughts clearly. Consider preparing examples of how you've effectively communicated complex actuarial concepts to clients or colleagues.
✨Highlight Mentorship Experience
If you have experience mentoring junior colleagues, be ready to share specific instances where you guided someone through a challenging project. This will show your ability to lead and develop others, which is highly valued in this role.
✨Emphasise Your Self-Starter Attitude
Prepare to discuss times when you've taken initiative or stepped outside your comfort zone. This could include pursuing additional qualifications or leading a project. It’s important to convey your willingness to grow and take accountability for your work.
