Actuarial Consultant

Guidant Global are working with a very large business who are looking to grow their business with a Actuarial Consultant. You can be home based or work from one of our hub offices (London, Leeds, Reading or Bristol) or have a blended base of home/office.

We are at an exciting point in our evolution, defining and executing our 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 2023 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 Description:

Key duties / responsibilities

• Providing support to the lead Actuary
• Preparing/reviewing advice on actuarial factors including transfer value bases
• Advising Trustees on all aspects of liability management exercises initiated by a scheme sponsor
• Advising on de-risking exercise including buy-ins, buy-outs and help set de-risking investment triggers together with the trustees' investment consultants
• Attendance at client meetings
• Involvement in new business pitches
• Supporting revenue targets by identifying/proactively seeking out-of-scope /add-on work within the actuarial practice
• Drafting and monitoring of budgets for complex tasks, along with involvement in billing and budgeting
• Involvement in technical subcommittees or leading on small initiatives, including presenting at internal or external seminars
• Preparing accounting disclosures (FRS102/IAS19/US GAAP)
• Working closely with junior team members to enable their growth
• Keeping abreast of technical, legislative and demographic developments affecting pension schemes, and undertaking all necessary professional CPD and mandatory Capita learning

What are we looking for

Qualifications

• A qualified actuary or close to being qualified through the Institute and Faculty of Actuaries' exams (full study is available to complete your studies if required) or qualified by experience (i.e. stopped taking exams)
• A minimum of 5 years' experience in a pensions consulting/technical environment

Skills required

Essential

• Industry specific knowledge
• Good communication skills
• Ability to work flexibly and able to work under pressure
• Proactive

Desirable

• Knowledge of PFaroe actuarial consulting software

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

Guidant Global is acting as an Employment Agency in relation to this vacancy.