Pension Risk Transfer Actuary

BWD Search & Selection; City of Edinburgh; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Principal Consultant to lead its Life & Pensions Actuarial team. This role offers a dynamic, non-restrictive environment where you will tackle diverse challenges in pension risk transfer. You will manage a portfolio of clients, delivering innovative solutions and collaborating with various stakeholders. With opportunities for progression into FCA-approved roles, this position is perfect for a qualified actuary looking to make a significant impact in the insurance and pension sectors. Join this forward-thinking consultancy and elevate your career in a supportive and engaging atmosphere.

Qualifications

• Qualified actuary or equivalent experience required.
• 4-6 years of strong UK DB pensions experience within a consultancy.

Responsibilities

• Deliver bespoke solutions for pension risk transfer.
• Manage a portfolio of insurance clients and analyze quotes.

Skills

Risk transfer experience

UK DB pensions experience

Client management

Data analysis

Education

Qualified actuary

Equivalent experience

Job description

5 days ago, be among the first 25 applicants.

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BWD Search & Selection provided pay range

This range is provided by BWD Search & Selection. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from BWD Search & Selection.

Principal Consultant at BWD | Life & Pensions Actuarial Lead

Location: London, Birmingham, Edinburgh, also open UK-wide in additional offices. Hybrid work model.

Salary: Up to £80,000 base, plus additional bonus and car allowance.

An opportunity with a leading consultancy to join a non-restrictive environment that offers diverse daily challenges. The Pension Risk Transfer team handles various transactions, with client sizes from £2m to £1bn, including traditional buy-ins, third-party capital dealings, and captives.

The role includes:

• Delivering bespoke, innovative solutions for pension risk transfer and other complexities.
• Managing a portfolio of insurance clients.
• Requesting and analyzing quotes.
• Networking with providers, insurers, and professional trustees (occasional travel and overnight stays expected).
• Collaborating with trustee and corporate clients.
• Preparing data, papers, and funding updates ahead of transactions.
• Opportunities to progress into FCA-approved roles and lead transactions.

The ideal candidate:

• Qualified actuary, or equivalent experience.
• Strong UK DB pensions experience within a consultancy, 4-6 years.
• Risk transfer experience is essential; candidates with only traditional DB actuarial experience will not be considered.

Please get in touch for more details or apply below, and I will be in contact:

Life & Pensions Actuarial Lead

Contact: M: 07458161817

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Analysis, Consulting, Finance

Industries

• Insurance and Employee Benefit Funds, Pension Funds, Insurance

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