Actuarial Consultant (Bristol / Cheltenham)

LGBT Great; Cheltenham; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading actuarial consultancy in Cheltenham is seeking an Actuarial Consultant to provide practical advice on complex issues in pensions. This role offers an excellent opportunity for newly qualified actuaries or those progressing towards qualification, with strong DB pensions experience essential. The position features hybrid working and excellent progression pathways within the firm.

Benefits

Competitive discretionary annual bonus

Generous pension scheme (8%)

Core benefits including private medical cover

Voluntary benefits such as electric car leasing

Qualifications

• Actuarial qualifications (FIA / FAA) or part-qualified, progressing through exams.
• Strong IT and presentation skills.
• DB pensions experience or a solid understanding of pension basics.

Responsibilities

• Calculate complex individual member calculations.
• Perform calculations for actuarial valuations.
• Review draft client reports and member communications.
• Support various client projects and manage client relationships.

Skills

Actuarial qualifications (FIA / FAA)

Strong IT skills

Presentation skills

DB pensions experience

Understanding of pension basics

Job description

Actuarial Consultant (Bristol/Cheltenham) United Kingdom and 2 more

Our services are designed to support trustees and employers by delivering pragmatic advice that clarifies complex issues such as investing assets, de-risking, longevity, risk management, and legislative impacts. We offer a range of services including full-service actuarial consulting, investment consultancy, and standalone projects like mergers and acquisitions.

We are seeking an Actuarial Consultant to join our Bristol or Cheltenham office on a hybrid basis (home and office). This role is ideal for a recently qualified actuary or a part-qualified actuary progressing towards qualification, with 3-4+ years of experience.

Opportunities are also available in our Bristol, Leeds, Liverpool, Manchester, or Glasgow offices.

This position is suitable for members of an actuarial team interested in a consulting career, including those working towards qualifying as a Scheme Actuary or Corporate Actuary. We offer excellent progression pathways to Partner.

DB pensions experience is essential.

Snapshot of your day:

1. Calculate complex individual member calculations, verify straightforward calculations, and progress to verifying more complex ones.
2. Perform calculations for actuarial valuations.
3. Review draft client reports, advice, and member communications.
4. Collaborate with a Client Account Manager to understand client objectives and requirements.
5. Aim to become a Client Account Manager for several clients, taking on related responsibilities.
6. Participate in client meetings and contribute actively.
7. Support various client projects and collaborate with our corporate team across different areas.
8. Handle general consultancy tasks, respond to client and third-party queries, and provide technical advice.
9. Manage client relationships, oversee work allocation and completion, and ensure deadlines are met, working closely with senior team members.
10. Design and manage surveys, using statistical techniques to analyze data.
11. Apply techniques and principles to assess probability and risk in areas like pensions.
12. Assist in developing practice area services, procedures, tools, and marketing materials.
13. Research technical topics and report findings to the team.
14. Review colleagues' work and support the training and development of junior team members.

We would love to hear from you if you have:

• Actuarial qualifications (FIA / FAA) or are part-qualified, progressing through exams.
• Strong IT and presentation skills.
• DB pensions experience or a solid understanding of pension basics.

What's in it for you:

• Competitive discretionary annual bonus.
• Generous pension scheme (8%).
• Core benefits including private medical cover, life assurance (x4 - x10), group income protection (65%), and up to 30 days holiday with trading options.
• A range of voluntary benefits such as electric car leasing, tech scheme, cycle to work, dental cover, healthcare cash plan, health assessments, critical illness cover, sports allowance (up to 50% of gym membership), travel insurance, paid volunteering, and retailer discounts.