Actuarial Pensions Consultant – Recently Qualified Actuary

Willis Towers Watson; City Of London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading global consulting firm in London is seeking a Pension Actuarial Consultant to contribute to UK Defined Benefit pensions work. The role involves mentoring junior colleagues, providing client advice, and engaging in flexible hybrid working arrangements. Candidates of all qualification levels are welcome to apply, making this position ideal for various stages of the actuarial career.

Benefits

25 days of annual leave plus an extra WTW day

Private healthcare

Life insurance

Defined contribution pension scheme

Electric vehicle car scheme

Electric vehicle car scheme

Cycle-to-work programme

Qualifications

• Experience working as a pension actuary on core UK defined benefit pensions actuarial work.
• Strong client-service orientation.
• Proven delegation skills and a desire to coach and mentor junior colleagues.

Responsibilities

• Contributing to UK Defined Benefit pensions work.
• Providing advice on valuations, accounting, PPF levies, calculations, and reviews.
• Mentoring junior colleagues and developing their skills.

Skills

Client-service orientation

Strong written communication skills

Strong verbal communication skills

Delegation skills

Coaching and mentoring skills

Self-starter

Ability to understand broader landscape

Education

IFoA part-qualified or qualified actuary

Job description

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.

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.

Benefits - GB

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