Actuarial Consultant | DB Pensions

We are seeking an Actuarial Consultant to join our team. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying with 3–4+ years’ experience. The role could also be suitable for members of an actuarial team who are keen to move into a consulting role, including those working toward qualification with a view to ultimately progressing to a Scheme Actuary or Corporate Actuary position. We offer excellent progression opportunities through to Partner.

Our services are designed to support trustees and employers by delivering pragmatic advice that 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.

DB pensions experience is essential.

Snapshot of your day:

• Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations

• Undertake the bulk of the calculations for an actuarial valuation

• Reviewing draft client reports and advice and draft member communications

• Working with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice

• Aim to become a Client Account Manager for a number of clients and starting to take on a number of Client Account Manager duties

• Attend client meetings and take an active role where applicable

• Supporting various types of client projects and working with our corporate team on a wide range of areas

• General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed

• Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams

• Design and management of surveys and using statistical techniques in order to analyse and interpret the quantitative data collected

• Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions

• Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material

• Research new and/or technical topics and report back to the team

• Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team

We would love to hear from you if you have:

• Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams

• Good IT skills and presentation skills

• DB pensions experience or a solid understanding of the basics of pensions

What’s in it for you:

• Competitive discretionary annual bonus

• Generous pension scheme (8%)

• Core benefits for you including private medical cover, life assurance (x4 - x10), group income protection (65%), and up to 30 days holiday per year with holiday trading

• A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts

• For a full list of benefits, please click here

Happy to talk flexible working

Accessibility 

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here   

Not quite the right opportunity for you this time? 

For more about us and other Careers at BW, please click here 

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We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to [email protected].