Senior Actuarial Consultant

Shape better services as an Actuarial Consultant
Home Based
We are at an exciting point in our evolution, defining and executing Capita Pensions Consulting’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.
Our teams are trusted as scheme actuaries to over 200 pension schemes, our actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation, and integrated risk management.
We are looking for an Actuarial Consultant to join our Actuarial Consulting Service. Our culture ensures all new employees are engaged, entrusted and empowered so they feel part of company, have pride in working for Pensions Consulting, and feel as though they make a difference.
In the Actuarial Consultant role you will assist Scheme Actuaries, Senior Actuarial Consultants and Actuarial Analysts in the provision of advice to a portfolio of pension scheme clients. The main focus is on Trustee work, but there will also be some work on assisting pension scheme sponsors.
You will provide and present actuarial advice to trustees of defined benefit pension schemes as required by the pension scheme’s documentation and any statutory requirements other than where the Scheme Actuary is required to provide such advice (if not appointed as the Scheme Actuary). This will include all aspects of actuarial valuations including working with our Actuarial Technical Centre that carries out the actuarial calculations.

Job title:

Senior Actuarial Consultant

Job Description:

Key responsibilities

• Participating in the development of actuarial policy in relation to occupational pension scheme valuations, financial reporting and pensions legislative developments
• Acting as lead supporting actuary to a portfolio of schemes. Scheme Actuary certificate is desirable but not compulsory.
• Providing actuarial and other pensions advice to clients on pensions technical, investment and legislative issues.
• Complying with professional guidance
• Participating in new client appointment pitches
• Providing peer review sign off and mentoring functions to other actuaries and staff
• Contribute to delivering the practice business plan
• Contributor to a Practice Area Specialist group
• To be aware of new technical or legislative changes within the market place
• To comply at all times with the Compliance, Training and Competence framework of CEB
• Process and tackle any complaints at earliest opportunity with a position attitude.
• Acts in accordance with any statutory/professional/CEB guidelines including (but not limited to);
• Continuing Professional Development
• Peer review (including maintaining accurate, complete and up-to-date records)
• Time recording (including maintaining accurate, complete and up-to-date records)
• Conflicts of interest
• Risk Management
• Management of Errors and Omissions
• Achieves client chargeable billable hours target as agreed.
• Actively involved with revenue generation from client portfolio
• Assists in the management of actuarial resources as required
• Cultivates a culture of compliance and risk awareness focusing on the principles of CEB and Capita Group.
• Actively participates in the Company’s performance management process. Agrees personal objectives and goals with managers and make every effort to satisfy these objectives within the specified time frames.
• Commits to equal treatment of all staff/colleagues and treat everyone fairly.
• Engages with Group’s brand values.
• Adhere to the requirements set out in the Professional Standards Scheme

Experience, qualifications and key skills

Essential

• Qualified Actuary
• Detailed level and up-to-date knowledge of relevant legislation, pensions, actuarial and FSA requirements
• Ability to manage projects to time and budget
• High level written and oral communication skills
• Excellent client relationship skills
• Negotiating skills
• Works positively with colleagues

Desirable

• Scheme Actuary certificate desirable but not compulsory

About Capita Pension Solutions

At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2024 and beyond and in support of that we are seeking applications for two very important roles.

What’s in it for you?

•  23 days’ holiday (rising to 27) with the opportunity to buy extra leave
• Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
• Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
• The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
• Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform

What we hope you’ll do next:

Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at [email protected] or call 07784 237318 and we’ll get back to you. For more information about equal opportunities and process adjustments, please visit the Capita Careers website.  

Location:

,

United Kingdom

Time Type:

Full time

Contract Type:

Permanent