Assistant Actuarial Consultant
Aldridge, Birmingham, United Kingdom
Job type: fulltime
Job industry: Accounting
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
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
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.
They offer an attractive reward package, typical benefits can include:
Participation in Discretionary Bonus Scheme
25 days holiday
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 coverSearch 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