Pension Actuarial Analyst

Gallagher; Ipswich; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading consulting firm seeks an Actuarial and Consulting Assistant in Ipswich to join their growing actuarial consulting team. The ideal candidate will have a strong mathematics background and experience in pension actuarial work, with opportunities for career progression and mentorship. You will handle valuations, client reports, and lead analysts while enjoying competitive benefits and a supportive culture.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance covering 4x your salary

Health cash plan or private medical insurance

Volunteering days

Gym discounts

Qualifications

• Experience within the pensions actuarial environment is substantial.
• Progress in actuarial exams, ideally completing CT exams and CA1.

Responsibilities

• Prepare valuations and cost estimates for pension schemes.
• Verify actuarial work and assist scheme consultants during meetings.
• Provide leadership and training to actuarial analysts.

Skills

Numeracy

Mathematics

Leadership

Education

Good numerical/mathematics-based degree

Job description

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Overview

Following a period of sustained growth and success, and a host of award wins (including the one mentioned), we are looking to expand our actuarial consulting and analyst teams in our London, Manchester, Edinburgh, and Ipswich offices. If you have a handful of actuarial qualifications and experience working in the UK Defined Benefit/Final Salary Pension sector, we would like to tell you about the great opportunities we offer, including a supportive, collaborative culture, genuine career progression, varied work, and diverse clients.

We will fully support you in obtaining a fully-qualified Actuary status (although this is not mandatory). If you're interested in further exams, we provide guidance and tools towards obtaining a Scheme Actuary certificate, enabling you to manage a portfolio of clients and act as a client manager. We are open to flexible and part-time working requests and will accommodate these as much as possible.

How you'll make an impact

Working within an established team of qualified and part-qualified actuaries, you will act as an actuarial and consulting assistant for a portfolio of clients. Your responsibilities will include:

1. Handling the preparation of valuations and cost estimates
2. Undertaking and supervising accounting disclosures (FRS17, IAS19, USGAAP)
3. Coordinating data collection, including editing and testing client data
4. Undertaking and verifying all aspects of actuarial work related to pension schemes
5. Preparing letters, reports, and other client materials
6. Checking individual calculations as requested
7. Participating in internal projects and handling special assignments
8. Assisting scheme consultants with pension scheme consultancy, including attending client/trustee meetings
9. Providing leadership, feedback, and training to actuarial analysts

About You

You should have:

• A good numerical/mathematics-based degree
• Progress through actuarial exams, ideally having completed CT exams and CA1
• Substantial experience within the pensions actuarial environment

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Compensation and benefits

In addition to a competitive salary, we offer a range of benefits, including:

• A minimum of 25 days holiday plus bank holidays, with options to buy extra days
• Defined contribution pension scheme with employer contributions
• Life insurance covering 4x your basic salary, with the option to increase to 10x
• Income protection covering up to 50% of your income, with options to increase
• Health cash plan or private medical insurance
• Additional benefits such as volunteering days, employee stock purchase plan, share incentive plan, critical illness cover, gym discounts, season ticket loans, shopping vouchers, family care, and more.