Associate Actuarial Consultant - Risk Transfer

Hymans Robertson LLP; Birmingham; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading risk consulting firm is seeking an Associate Risk Transfer Consultant in Birmingham. This role involves managing projects related to UK defined benefit pension schemes and providing high-quality advice. Ideal for candidates nearly or recently qualified, this position offers professional growth and a collaborative work environment, combining in-office and home working for flexibility.

Benefits

Competitive salary and profit share scheme

Flexible employee benefits package

On-site mental health and wellbeing assistance

Professional development opportunities

Regular social activities and volunteering leave

Qualifications

• Solid grounding in actuarial and computer techniques.
• Proactive in developing consultancy and management skills.
• Relevant pensions experience and understanding of UK pension scheme legislation.

Responsibilities

• Manage multiple projects, ensuring high standards.
• Coordinate with actuarial, admin, and investment services.
• Prepare client communications and attend client meetings.

Skills

Interpersonal skills

Project management

Organizational abilities

Effective communication

Client management

Education

Membership of the Institute and Faculty of Actuaries (Associate or Fellow) or equivalent

Job description

Overview

Associate Risk Transfer Consultant within our Actuarial Private team, available on a full-time or part-time basis in Birmingham, Edinburgh, Glasgow, or London. The role focuses on UK defined benefit pension schemes, working with Trustee Boards and Sponsoring Employers, providing high-quality advice on buy-in, market broking, and winding up schemes. This position is suitable for someone nearly or recently qualified looking to develop their actuarial consulting career.

We offer exposure to a varied range of work and the opportunity to grow in areas aligned with your skills.

Responsibilities

• Manage multiple projects, coordinate relevant teams and client stakeholders, and ensure work is completed on time, within budget, and to high standards.
• Coordinate across actuarial, admin, and investment services to maintain standards across all practices.
• Handle a diverse portfolio of work to develop client exposure and essential business skills.
• Prepare client communications, presentations, reports, and attend client meetings.
• Develop project plans and contribute to budget setting.
• Build and maintain good working relationships with clients and third parties.
• Check actuarial calculations, such as reconciliation of cashflows and insurer quotations.
• Support proposition development and new business opportunities.
• Mentor less experienced team members and review their work.
• Ensure timely invoicing and adherence to internal procedures.
• Scope work thoroughly at the outset and communicate relevant information to the wider team.
• Maintain rigorous, accurate, and methodical work standards with comprehensive audit trails.
• Plan work to meet deadlines and track status according to procedures.
• Present work clearly to clients and colleagues; liaise with client managers on conflicting demands.
• Collaborate with colleagues on technical or client issues and record time accurately against client and project codes.
• Adhere to Information Security policies.

Qualifications

• Excellent interpersonal and client management skills; strong project management and organizational abilities; effective communication and consulting skills; ability to manage multiple demands; coordination and delegation skills within teams.
• Motivated to develop an actuarial career in a client-focused environment; proactive in developing consultancy and management skills.
• Membership of the Institute and Faculty of Actuaries (Associate or Fellow) or equivalent; relevant risk transfer and bulk annuity broking experience preferred but not essential.
• Relevant pensions experience and understanding of UK pension scheme legislation, bulk annuity transactions, and buy-out processes.
• Solid grounding in actuarial and computer techniques.

With over 100 years of experience, we build better futures for our people, clients, communities, and the environment. We thrive on solving complex problems through diverse teams and independent thinking. Our services include pensions, investments, benefits, risk consulting, data, and technology solutions, supported by over 1,000 employees. We are committed to diversity and inclusion, welcoming applicants from all backgrounds. Our hybrid work model combines home and office working for flexibility. If you need assistance due to a personal requirement, medical condition, or neurological difference during our selection process, please let us know. Together, we can make this the best job you'll ever have.

Benefits

• Competitive salary and profit share scheme
• Flexible employee benefits package
• Supportive, collaborative work environment
• On-site mental health and wellbeing assistance
• Personal and professional development opportunities, including mentoring and access to our learning portal, Aspire
• Regular social activities, three days paid volunteering leave annually, and a day off for your birthday
• Hybrid working model with an expectation of two in-office days per week
• Flexible working hours between 7am and 7pm
• Please note, we recruit on a rolling basis, so early applications are encouraged to avoid disappointment