Role requirement
Vacancy type
Permanent
Sector
Pensions
Specialisim
Actuarial
Location
London
Language skills
English
Job reference No.
15752
Salary
Competitive
Data Published
10/07/2024
Closing date
07/08/2024
Job Description:
Are you a qualified actuary and knowledgeable on UK DB pension schemes?
Our client, a leading financial services firm, has an exciting opportunity for an Actuarial Consultant to join their team on a permanent basis. The role can be based in London, Edinburgh, Glasgow and Birmingham.
Essential Skills/Experience:
- Good understanding of the legislative framework for UK pension schemes, including all aspects of the Pensions Act 1995, disclosure requirements and statutory reporting requirements.
- Fellow of the Institute and Faculty of Actuaries (or equivalent recognised actuarial qualification) with relevant pensions experience. Scheme Actuary certificate not required.
- Broad experience in areas such as corporate transactions, risk transfer, liability management exercises, pensions aspects of sale agreements, or dealing with the practical aspects of bulk transfers.
- Able to undertake the statutory actuarial calculations required in readiness for sign off by a Scheme Actuary.
Core Responsibilities:
- Consult with client contacts to agree budgets and deadlines for work, ensuring necessary service agreements are in place.
- Ensure that work prepared by the team meets a high-quality standard of service for clients.
- Signing out work in your own name where applicable or ensuring that statutory actuarial calculations are prepared in readiness for sign off by the Scheme Actuary.
- Work collaboratively as part of the team in the preparation of advice including reviewing/checking calculations undertaken by more junior team members, and peer review of client work for other colleagues.
- Encourage effective communication within client teams to support the delivery of work and understanding of client commercials.
- Build strong relationships with clients at all levels as appropriate, ensuring that we have sufficient breadth and depth of relationships with the client to deliver our core services to the levels expected.
- Understanding client needs to provide solutions and develop client accounts.
- Prepare client invoices within the internal deadlines and subject to internal procedures.
- Undertaking project work or acting as champion for new service initiatives.
- Pitching for new business.
- Deliver high quality advice working within a client team.
- Develop internal and external networks.
- Provide leadership, role modelling and mentoring to all members of the client team, including helping to proactively identify and uncover client development opportunities and/or potential threats and weaknesses.
- Participating in the management, mentoring, and training of more junior staff.
- Contributing to the technical knowledge of the practice via continuing professional development and peer review of colleagues' work.
- Managing the delivery of our core services efficiently and in line with agreed utilisation and recovery objectives.
- Prepare work that meets professional and internal requirements, seeking advice from colleagues whenever any doubt arises on technical or client matters.
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: 15752
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.
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Contact
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.
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Betsy Williamson Chief Executive Officer