Senior Consulting Actuary | DB Pensions

Barnett Waddingham; Cheltenham Township (PA); On-site; USD 140,000 - 200,000; Full time

Benefits offered by this job

Annual bonus

Life assurance

Income protection

Private medical insurance

Pension scheme

25 days leave

Wellbeing and flexible benefits

Job summary

BARNETT WADDINGHAM is seeking a Senior Consulting Actuary to join our team in a consulting-focused role. The candidate should be FIA/FAA qualified, with DB pension experience and a track record in leading teams and client relationships.

The role involves delivering actuarial consulting services, de-risking, longevity, and other pension-related analyses, while liaising with Partners to set priorities and drive opportunities for growth.

Qualifications

• Qualified actuary with FIA/FAA or equivalent.

Responsibilities

• Lead client consulting engagements and serve as main client contact.
• Manage a client team, ensuring high-quality work within agreed timescales.
• Support Partners in managing client relationships and resolve issues quickly.
• Design and analyse surveys using statistical techniques on quantitative data.
• Attend client meetings and identify opportunities to help clients.
• Apply probabilistic and risk principles to pensions-related areas.
• Review colleagues’ work for accuracy and compliance with rules.
• Advise clients on achieving objectives while complying with external requirements.
• Lead corporate appointments and develop portfolio opportunities.
• Present external talks as required.
• Report new initiatives to Trustees or Corporate Consulting Board.
• Develop marketing initiatives and assist in new business tenders.

Skills

Team leadership

DB Pension experience

Client communication

Networking

Project management

IT skills

Education

Fellowship Actuarial Qualifications FIA / FAA

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

If you require reasonable adjustments or want more information on accessibility, please let us know