Actuarial Pensions Consultant, Reigate – All Levels Welcome in Banstead

Actuarial Pensions Consultant, Reigate – All Levels Welcome in Banstead

Banstead Full-Time 40000 - 60000 £ / year (est.) Home office (partial)
WTW

At a Glance

  • Tasks: Join WTW as a Pension Actuarial Consultant and work on exciting UK pensions projects.
  • Company: WTW, a leading firm with a collaborative and inclusive culture.
  • Benefits: 25 days annual leave, private healthcare, hybrid working, and more perks.
  • Other info: Flexible working options and a supportive environment for personal growth.
  • Why this job: Make a real impact while mentoring others and growing your career.
  • Qualifications: Open to all levels of actuaries with relevant UK pensions experience.

The predicted salary is between 40000 - 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.

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.

Qualifications:

  • 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.

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 let us know.

WTW

Contact Details:

WTW Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Pensions Consultant, Reigate – All Levels Welcome in Banstead

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Actuarial Pensions Consultant, Reigate – All Levels Welcome in Banstead

Pensions Actuarial Work
Client-Service Orientation
Written Communication Skills
Verbal Communication Skills
Delegation Skills
Coaching and Mentoring
Accountability

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at WTW.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at WTW

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at WTW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding WTW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.