The Vacancy

We currently have an exciting opportunity to join this department as an Associate Risk Transfer Consultant, within our Actuarial Private team on a full time or part time basis in our Birmingham, Edinburgh, Glasgow or London Office.

We are open to considering candidates on a part time or full-time basis

What will your role look like?

We have an excellent opportunity for a nearly or recently qualified Actuary to join our risk transfer consulting team, providing high quality advice to clients on the journey to buy-in, broking the market and winding up a scheme.

This role is suited to a committed individual looking to develop their career, with a primary focus on UK defined benefit pension schemes working with both Trustee Boards and Sponsoring Employers. You will get exposure to a varied range of work that will allow you to grow and develop a career in areas that suit your own particular skills.

Though this is a varied role, your key tasks will include:

• Managing the delivery of multiple projects and co-ordinating relevant teams and client stakeholder , ensuring that work is done on time, within budget, and to a high standard. Where multiple services (i.e. actuarial, admin, investment) are provided, work across all practices to ensure that the same standards are met.
• Taking on a wide-ranging portfolio of work while developing client exposure and essential business skills.
• Preparing client communications, presentations and reports and attending meetings with clients.
• Developing and preparing project plans and inputting into setting budgets.
• Developing  a good working relationship with your clients and third parties.
• Checking actuarial calculations.  For example (but not limited to) checking reconciliation cashflows from insurers and assessing insurer price quotations.
• There may also be opportunities to support with proposition development and new business.
• Mentoring and supporting the development of less experienced members of the team and checking their work where necessary.
• Working with your teams to ensure that client invoices are completed within internal deadlines and subject to internal procedures.
• Ensure that appropriate scoping of work is carried out at the outset.
• Cascade all relevant information to the wider client team.
• Ensuring all work is undertaken in a rigorous, accurate and methodical manner.
• Ensuring comprehensive audit trails are maintained.
• Being aware of deadlines and planning work in order to meet deadlines.
• Maintaining a record of current status of all work requested in accordance with agreed procedures.
• Presenting work in a clear and understandable manner to clients and colleagues as requested.
• Liaising with client managers if there are conflicting demands from clients.
• Working with colleagues when necessary, on technical or client matters.
• Timely and careful time recording against appropriate client, matter and job codes.
• Adhering to the firm’s Information Security standards, policies and procedures.

To enjoy and succeed in this role, you will have:

• First class interpersonal and client relationship management skills.
• First class project management and organisational abilities.
• Strong communication and consulting skills.
• Proven ability to manage multiple and sometimes conflicting demands.
• Able to co-ordinate activity, and delegate effectively, amongst individual client teams and effectively manage upwards.
• Driven and motivated to develop actuarial career in a client focused consultancy.
• Able to demonstrate a proactive approach in developing consultancy and management skills.
• Associate or fellow of the Institute and Faculty of Actuaries is preferred but not essential (or equivalent recognised actuarial qualification) with relevant risk transfer and bulk annuity broking  experience.
• Relevant pensions experience, an understanding of the legislative framework for UK pension schemes,  how a bulk annuity transaction is completed and the journey to buy-out for pension schemes.
• A sound grounding in actuarial and computer techniques.

We would also encourage applications from candidates who perhaps do not possess all the attributes and experience listed above but are competent with the majority and would be able to quickly develop the additional skills and experience required in post with our full support.

In addition to a competitive salary and access to our profit share scheme, we offer:

• A flexible selection of employee benefits, so you can choose a package that best matches your lifestyle and needs.
• A collaborative and encouraging work environment where your thinking and ideas are encouraged.
• On site mental health and wellbeing assistance.
• A commitment to helping you develop both personally and professionally, with mentoring opportunities and access to our award-winning learning portal, Aspire.
• Regular social activities, in addition to three days paid volunteering leave each year and a day’s leave to celebrate your birthday.
• Hybrid working so you can enjoy the positive wellbeing of working from home as well as the benefits of meeting colleagues in our sociable, modern office environments – with the expectation of two ‘in-office’ days per week.
• A flexible working window, allowing colleagues the freedom to work flexibly between the hours of 7am and 7pm.

Please note, we recruit on a rolling basis so early applications are recommended to avoid disappointment.

About Us

Together, we’ve been building better futures for over 100 years. For our people, our clients and their people, our communities and the environment.

We thrive on tackling complex problems. And we believe those problems are best solved by diverse teams – diverse in skills, approaches and backgrounds. Our independence lets our people be themselves and think freely, while working in a collaborative, supportive environment.  We love innovative, independent thinking and want everyone to share their ideas.

Working alongside employers, trustees and financial services institutions, we offer pensions, investments, benefits and risk consulting services, as well as data and technology solutions. With over 1000 employees and counting, we’re one of the leading consultancies in our field and are proud to be recognised by numerous industry awards.

We’re committed to developing our people and encourage everyone to carve out their own career path. We’ve many colleagues who started out in one team in the business and have ended up somewhere completely different, having had the chance to develop new skills and explore new passions.

We are continually working to improve our inclusive culture and employ diverse talent. We therefore welcome applications from people from all backgrounds, which includes but isn’t limited to: age, disability, ethnic heritage, gender, marital or civil partnership status, neurodiversity, religion, sexual orientation, and socio-economic background.

Our hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment – meaning flexible working patterns to accommodate individual needs.

If you need any assistance in relation to a personal requirement, medical condition or neurological difference during our selection process then please let us know.

Together, we can make this the best job you’ll ever have.