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Role requirement

Vacancy type

Permanent

Sector

Pensions

Specialisim

Actuarial

Location

Edinburgh

Language skills

English

Job reference No.

15535

Salary

Competitive

Data Published

18/01/2024

Closing date

15/02/2024

Job Description:

An exciting opportunity has arisen for a Senior Actuarial Analyst, focusing on GMP equalisation projects for UK defined benefit pension scheme clients. Our client is open to candidates who are not taking IFoA exams as well as those who have decided to take exams.

Whilst the near-term focus of your role will be on GMP equalisation projects, over time the plan would be to incorporate similar technical project work into your role over time and as the demand for specific GMP work reduces.

This role can be based in Edinburgh, Glasgow, or London. The firm is open to part-time workers.

Essential Skills/Experience:

  • Relevant pensions experience.
  • Have a good understanding of valuing UK pension schemes defined benefits
  • Strong technical actuarial skills and a preference to work on technical actuarial matters.
  • Preference for candidate with GMP equalisation calculation experience, or knowledge of other similar technical actuarial calculations and ability to build up expertise in the near term.
  • Working knowledge of the legislative framework for UK pension schemes, including treatment of GMPs.
  • Aptitude in working with detailed actuarial calculation models.

Core Responsibilities:

  • Helping enable the delivery of GMP equalisation projects to meet a high-quality standard of service for clients.
  • Providing technical specialist expertise working collaboratively alongside a client team.
  • Work collaboratively in the preparation of calculations and related advice including checking calculations undertaken by more junior team members.
  • Ability to work independently to proactively resolve complex cases and queries relating to pension scheme specific features stemming from GMP equalisation.
  • Ability to explain and resolve technical matters for the client team.
  • Encouraging effective communication within client teams and technical team to support the delivery of GMP equalisation projects.
  • Managing the delivery of GMP equalisation projects efficiently and in line with agreed utilisation and recovery objectives.
  • Present work in a clear and understandable manner to colleagues as required.
  • Keep up to date with developments in relevant pensions legislation and best practice.

Benefits:

  • A highly competitive salary
  • Wider Benefits package

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 15535

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.

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Core-Asset Consulting offers specialist recruitment services to asset management, accounting & finance, asset servicing, legal and the wider financial services sector in Scotland.

INDPERM

Contact

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T: 0131 264 0227 M: 07535 897 791
Kamilla Mathias Senior Consultant, Front Office Asset Management

Kamilla has been an integral part of Core-Asset Consulting for almost 12 years. She finds immense satisfaction in supporting people to transform their lives, and her approach is driven by empathy and connection. Specialising in permanent recruitment, Kamilla’s expertise spans front-office investment management, client management, and actuarial.

She excels in finding the perfect fit across all asset classes and geographies, taking pride in the challenge of locating the ideal candidate for each client. Kamilla’s dedication goes beyond filling roles; she supports long-standing relationships, understanding every aspect of her candidates' journeys. This deep connection allows her to provide exceptional value to clients and candidates alike. Her efforts have helped individuals relocate from Asia to the UK, change career paths, and follow their dreams. Kamilla has a first-class degree in Business Management, and is trilingual in English, German and Russian.

We put people before profit, service before sales and ethics above all.

Betsy Williamson Chief Executive Officer

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