Actuarial Consultant

Barnett Waddingham; Manchester; Hybrid; GBP 35,000 - 60,000; Full time

Job summary

An established industry player is seeking a motivated Actuarial Consultant to join their dynamic team. This role offers the opportunity to work in a hybrid setting, providing a blend of home and office work. Ideal candidates will be part-qualified actuaries with 2-3 years of experience, eager to advance in their careers. You will engage in complex calculations, client management, and contribute to various consulting projects. The firm emphasizes professional development, offering excellent progression opportunities, including a pathway to becoming a Scheme Actuary or Corporate Actuary. Join a company that values flexibility and supports your growth in the actuarial field.

Benefits

Competitive discretionary annual bonus

Private medical cover

Life assurance

Group income protection

Up to 30 days holiday per year

Electric car leasing scheme

Tech scheme

Cycle to work scheme

Dental cover

Sports Allowance

Qualifications

• 2-3+ years experience in actuarial consulting or related field.
• DB pensions experience is essential for the role.

Responsibilities

• Calculate complex member calculations and undertake actuarial valuations.
• Review client reports and manage client communications effectively.
• Support various client projects and develop practice area services.

Skills

Actuarial qualifications FIA / FAA

Good IT skills

Presentation skills

DB pensions experience

Education

Actuarial qualifications (part-qualified)

Job description

Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de-risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full-service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions.

We are seeking an Actuarial Consultant to join our team. This role can be based in our Leeds, Liverpool, Manchester or Glasgow office on a hybrid working basis between home and the office. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying as an actuary with 2 - 3+ years experience.

The role is suitable for members of an actuarial team that are keen to pursue a consulting role and may include those working toward qualifying as an actuary with a view to ultimately working towards being a Scheme Actuary or Corporate Actuary. We offer excellent progression opportunities through to Partner.

DB pensions experience is essential.

Snapshot of your day:

• Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations.
• Undertake the bulk of the calculations for an actuarial valuation.
• Review draft client reports and advice and draft member communications.
• Work with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice.
• Aim to become a Client Account Manager for a number of clients and start taking on a number of Client Account Manager duties.
• Attend client meetings and take an active role where applicable.
• Support various types of client projects and work with our corporate team on a wide range of areas.
• General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed.
• Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams.
• Design and management of surveys and use statistical techniques in order to analyse and interpret the quantitative data collected.
• Use a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions.
• Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material.
• Research new and/or technical topics and report back to the team.
• Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team.

We would love to hear from you if you have:

• Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams.
• Good IT skills and presentation skills.
• DB pensions experience or a solid understanding of the basics of pensions.

What’s in it for you:

• Competitive discretionary annual bonus.
• Core benefits for you including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.
• A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.

Happy to talk flexible working.

Accessibility

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.