POSITION: Scheme Actuary
ASSIGNMENT NO: 29788
LOCATION: Manchester and Scotland
This role sits within the wider Actuarial & Consulting business. This is one of the fastest-growing defined benefit pension consolidators in the market, currently managing over 65 pension schemes with many different sponsoring employers and a variety of sizes. The team continue to regularly attract and win new schemes.
They advise on everything from helping trustees and sponsors to manage their defined benefit plans from routine actuarial valuations, to complex technical projects regarding benefit rectification work, GMP equalisation, insurance and end-game planning, in addition to supporting their clients with alternative reward and pension provision. The range of work they get involved with is vast and there’ll be opportunities for you to gain lots of great, new experiences and put your skills to the test.
What does the role entail?
This is an excellent opportunity for an experienced Scheme Actuary to take on a senior, visible role within a fast growing consolidation proposition, combining high quality technical delivery, trustee facing advice, leadership of client teams and the opportunity to help shape and expand the team’s offering.
Day to day, you will:
- Act as Scheme Actuary to a portfolio of schemes, providing clear, credible and confident actuarial advice to the Trustee and other stakeholders
- Be responsible for the delivery of high quality, complex actuarial calculations and written advice, often across multiple concurrent projects, ensuring appropriate standards of risk management, governance and compliance
- Lead and manage key client engagements, including responsibility for project planning, timescales, budgets and stakeholder management, working closely with the Trustee contacts at Entrust, the junior team and scheme sponsors
- Manage and develop teams on each project, providing regular on the job coaching and feedback to Analysts, Assistant Managers and Managers to support their technical and professional development
- Build and maintain strong, trusted relationships, sponsors and internal teams, acting as a senior point of contact
- Proactively look for opportunities to expand the scope of work on schemes and support the continued growth of the proposition, bringing a commercial and entrepreneurial mindset
- Share your specialist technical knowledge across the wider actuarial pensions team, contributing to thought leadership, internal training and development of best practice
- Play an active role in shaping and improving how the team and proposition continue to develop as the market evolves
What they’re looking for?
They’re looking for the following skills and expertise. Their business is better with a diverse range of experience, so they’ll consider each application on its own merits.
- Experience – a qualified actuary FIA/FFA with Scheme Actuary certification (or ability to obtain a Scheme Actuary certificate immediately). You will have a strong track record of advising Trustee Boards, managing a portfolio of Scheme Actuary appointments and trustee relationships, and a strong understanding of the UK DB pensions landscape and the challenges facing schemes and consolidators
- A great communicator – Strong technical pensions and actuarial capability, with the ability to explain complex issues clearly and pragmatically to a broad range of stakeholders
- Enthusiasm and motivation – Highly motivated and able to work at pace across multiple projects, taking ownership of outcomes while consistently delivering high quality, professional advice
- Excellent project management and client delivery skills – with experience balancing competing demands, stakeholders and deadlines across multiple engagements
- A great team worker –a collaborator who works effectively across teams and disciplines demonstrating strong people skills, with a genuine interest in coaching and developing others
- Commercially minded – with an appetite to help grow and shape a fast evolving proposition and identify new opportunities
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