Assistant Actuarial Consultant

Search Consultancy
Birmingham, UK
16 Aug 2019
02 Sep 2019
Contract Type
Full Time
I am currently working with an award winning Pension Consultancy that due to growth are looking to recruit a Actuarial Assistant Consultant in their offices in Birmingham, Reading or Bristol.

Main duties and responsibilities

The main responsibilities of this role will involve preparing valuation results, carrying out individual member calculations, developing spreadsheets and drafting reports and other communications. You'll have the opportunities to attend regular client meetings and support the development and presentation of our new market-leading pension scheme modelling software.

  • Attend client meetings, taking an active role where applicable
  • Presenting actuarial findings
  • Engaging with clients on relevant key issuers
  • Taking minutes
  • Undertaking/checking a variety of actuarial calculations in the following areas: Actuarial valuations, Production of company accounting disclosures, Individual benefits, PPF levy, Bulk transfer.
  • Understanding the implications of the results of the above calculations in order to provide advice on matters such as contribution rates, levy reduction, liability reduction exercises.
  • Drafting reports, emails and presentations to deliver actuarial results and advice
  • Drafting member communications (e.g. Summary Funding Statements, responses to individual queries)
  • Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams
  • Maintaining a good understanding of relevant technical issues, including TASs, Codes of Practice, scheme documentation and the supporting regulatory framework
  • Developing internal standard processes and identifying new ways to work more efficiently
  • Making progress with the actuarial exams, in accordance with study policy guidelines
  • Developing an understanding of the structure and processes of PFaroe, Microsoft Office and other relevant software
  • Taking a proactive role in personal development/training, and arrangement of PDRs
  • Attending and delivering internal technical training sessions and demonstrating application of learning

Job Requirements

  • Right to work in the UK
  • Ideally, 1-3 years' experience as an Actuarial Student, educated to degree level with a minimum 2:1 degree
  • Good progress to date through the Actuarial exams
  • Broad understanding of how UK pensions schemes operate, with an understanding of UK Pensions Legislation
  • Excellent planning skills with the ability to prioritise and complete work in accordance to deadlines
  • Strong IT skills with good working knowledge of MS Office suite of products, in particular Excel
  • Highly developed written and verbal communication skills. Confident and able to explain complex issues in simplified terms to clients and more junior team members.

Package Details

They offer an attractive reward package, typical benefits can include:
  • Competitive salary
  • Participation in Discretionary Bonus Scheme
  • 25 days holiday
  • Pension Plan
  • Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
  • Life Assurance cover

Search is an equal opportunities recruiter and we welcome applications from all suitably skilled or qualified applicants, regardless of their race, sex, disability, religion/beliefs, sexual orientation or age.

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