Actuarial Pensions Consultant

Willis Towers Watson; Birmingham; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading consulting firm in Birmingham seeks a Pension Actuarial Consultant to engage in UK Defined Benefit pensions. Ideal candidates will have experience in pensions actuarial work and participate in diverse projects, including liability management and GMP equalisation. Flexible work options are available, allowing for a balanced work-life environment. You will mentor junior staff and deliver high-quality client interactions. All qualification levels are invited to apply.

Benefits

Flexible working opportunities

Hybrid work model

Qualifications

• Experience in UK defined benefit pensions actuarial work.
• All actuary qualification levels are welcome.
• Demonstrated accountability and ownership of work.

Responsibilities

• Contribute to UK Defined Benefit pensions work.
• Mentor junior colleagues and manage projects.
• Engage in client meetings and team collaboration.

Skills

Client-service orientation

Strong written and verbal communication

Delegation and coaching

Self-starter

Broad understanding of work impact

Education

IFoA part-qualified or qualified actuary

Job 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 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.

Project Opportunities

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&query=actuarial

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.