Location
Finlaison House, London EC4A 1AB – Office move in May 2023 to 10 South Colonnade, Canary Wharf, London E14 4PU / Edinburgh Government Hub Queen Elizabeth House, Edinburgh EH8 8FT
About the Job
Job Summary
The Government Actuary’s Department provides actuarial solutions including financial risk analysis, modelling and advice to support the UK public sector. Our mission is to improve the stewardship of public sector finances by supporting effective decision making and robust reporting. We do this by bringing together actuarial knowledge and expertise, analytical techniques, consultancy discipline and high standards of professionalism.
We have consulting actuary positions available in our Public Service Pensions and Specialist Actuarial team. We are looking for qualified actuaries who can quickly understand the issues facing our clients and provide clear high-quality advice.
These roles may be of particular interest to those currently working with Defined Benefit pensions or annuities who want to broaden their career and develop new areas of expertise, while also providing advice that makes a difference to the UK.
Job Description
As part of these roles you will be expected to:
- Build and maintain strong relationships with our clients
- Provide timely, efficient, high-quality advice
- Work closely with clients to understand the problems facing them, and how actuarial advice and analysis can be used to improve outcomes.
- Define the scope and manage the delivery of analysis underpinning the actuarial advice provided for clients.
- Champion the value of actuarial advice within government.
- Build strong connections within GAD and develop contacts across the wider public sector.
Person Specification
Please refer to our recruitment pack for more information about the role and the assessment criteria.
To apply for these roles you must be a Fellow of the Institute and Faculty of Actuaries (or hold an equivalent qualification from an international actuarial body).
We’ll assess you against these behaviours during the selection process:
- Working together
- Seeing the big picture
- Delivering at pace
- Communicating and influencing
We’ll assess you against these strengths during the selection process:
- Decisive
- Adaptable
- Analytical
- Explainer
- Confident
- Authentic
Behaviours
We’ll assess you against these behaviours during the selection process:
- Delivering at Pace
- Seeing the Big Picture
- Working Together
- Communicating and Influencing
Benefits
As well as competitive salaries, we offer a substantial package of benefits:
- Extensive talent, career and personal development
- 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition we offer 9 days public and privilege days leave per year (pro rata for part time staff)
- Generous defined benefit Civil Service pension scheme
- Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity and adoption leave
- Access to employee assistance programme and occupational health
- Community volunteering programme, the opportunity to join a trade union, and discounted membership of local and national sports and social groups
- A working culture which encourages inclusion and diversity
- Salary advances for travel costs, including annual season tickets and cycle-to-work schemes
- Complimentary BUPA health check for permanent staff
Things you need to know
Selection process details
This vacancy is using Success Profiles, and will assess your Behaviours and Strengths.
Application deadline: 1200 hrs on 02 May 2023
Shortlisting: W/c 02 May 2023
Interviews: TBC
Interview location: London, EC4A 1ABPlease apply via our recruitment portal below.
Please DO NOT email your CV as shortlisting will be carried out based on information provided in your application form only.
Shortlisting criteria is based on the Person Specification as set out in the Assessment Criteria section of the Job Description. Please ensure you provide examples of how you meet the Assessment Criteria; a strong application will also demonstrate that you meet the required criteria that are identified as key for this role. Applications will be shortlisted in line with the essential criteria for the role. Behaviours will be assessed at interview stage. Candidates who are successful at shortlist will be contacted as soon as possible and advised of the interview process and assessment (exact times and dates will also be confirmed).
A reserve list will be held for a period of 12 months from which further appointments can be made.
Feedback will only be provided if you attend an interview or assessment.
Security
Successful candidates must undergo a criminal record check.
People working with government assets must complete baseline personnel security standard checks.
Nationality Requirements
This job is broadly open to the following groups:
- UK nationals
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the Republic of Ireland
- nationals from the EU, EEA or Switzerland with settled or pre-settled status or who apply for either status by the deadline of the European Union Settlement Scheme (EUSS)
- relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
- relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
- certain family members of the relevant EU, EEA, Swiss or Turkish nationals
Working for the Civil Service
The Civil Service Code sets out the standards of behaviour expected of civil servants.
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission’s recruitment principles.
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
Apply and further information
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction.
Further information
The Government Actuary’s Department’s recruitment processes are underpinned by the recruitment principles of the Civil Service Commissioner, which outline that selection for appointment be made on merit on the basis of fair and open competition. If you feel at any time your application has not been treated in accordance with the values in the Civil Service Code and/or if you feel the recruitment has been conducted in such a way that conflicts with the Civil Service Commissioner’s Recruitment Principles, you may make a complaint. If you are not satisfied with the response you receive you can contact the Civil Service Commissioners.