Senior Consulting Actuary | DB Pensions

Barnett Waddingham; Cheltenham; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Discretionary bonus

Life assurance 4x salary

Income protection 75% for 5 years

Private medical insurance

Pension 5% employee / 10% employer

25 days leave (27 after 5 years)

Howden benefits

Job summary

Barnett Waddingham in Cheltenham is recruiting a Senior Consulting Actuary to move into consulting leadership and scheme advisory. The role involves guiding client engagements, managing a team, and collaborating with Partners on priorities.

The position involves delivering pragmatic actuarial advice on pensions, de-risking, longevity, and regulatory changes, with opportunities to expand services and build a portfolio of appointments.

Qualifications

• Fellowship actuary (FIA/FAA) or equivalent.
• DB Pension experience required.
• Proven team leadership and people management.
• Strong IT, project and time management skills.

Responsibilities

• Act as main client advisor across a range of clients.
• Lead a client team and ensure high-quality work to deadlines.
• Support Partners in client relationships and issue resolution.
• Design surveys and use statistics to analyze data.
• Attend client meetings and present initiatives.
• Lead pension risk and scheme advisory work.

Skills

Client consulting

Team leadership

Project management

Communication skills

Networking

IT skills

Education

FIA / FAA or equivalent

Tools

Excel

Statistical software

Job description

We have an exciting opportunity for a Senior Consulting Actuary to join our team.

The role is suitable for members of the actuarial team that are keen to pursue a consulting role and that have usually attained a Scheme Actuary certificate or act as lead consultant on some corporate projects. It may also include the role of a Team Leader, which involves working alongside others involved in Client Consulting, to ensure that all operational tasks within the team are conducted on a day to day basis and liaising with Partners to agree priorities. We offer excellent progression opportunities through to Partner.

Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de-risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full-service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions.

A snapshot of your day:

• Client Consulting; Acting as the main contact, providing advice for a range of clients
• Manage a client team, ensuring work is of a high quality and within agreed timescales
• Support Partners in managing client relationships, identifying any problems that arise (e.g. level of fees/ poor service) and helping resolve them as soon as possible
• Designing and managing surveys and using statistical techniques in order to analyse and interpret the quantitative data collected
• Attend client meetings and identify ways that we can help our clients and report new initiatives
• Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
• Check work of other team members, ensuring accuracy and compliance with scheme rules, procedures and legislation
• Provide advice to clients on how they might achieve their objectives while satisfying the requirements of relevant external parties (e.g. the Pensions Regulator)
• When leading the corporate accounting appointment actively look for opportunities to support the company with other relevant services
• Often this role will include working toward/developing own portfolio of Scheme Actuary/Adviser appointments or Corporate appointments
• Give external talks as and when required
• Identify ways that the firm (including other practice areas) can help our clients and report new initiatives to either the Trustee or Corporate Consulting Board
• Proactive in managing and developing marketing initiatives and identify opportunities for new business, assisting in new business tenders and pitches

We would love to hear from you if you have:

• Qualified actuary - Fellowship Actuarial Qualifications FIA / FAA or equivalent
• DB Pension experience
• Demonstrated experience leading a team and excellent people management skills
• Good IT skills
• Project management and time management skills
• Excellent communication skills and good networking skills
• Ability to take forward new ideas
• A willingness to communicate and pass on knowledge and develop junior members of the team

What’s in it for you:

• Competitive discretionary annual bonus.
• Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover.
• A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
• 25 days’ annual leave, increasing to 27 days after five years’ service.
• Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle.
• The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.

Accessibility

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