Actuarial Consultant

Barnett Waddingham•Cheltenham Township, PA

4d•Hybrid

About The Position

We are seeking an Actuarial Consultant to join our team. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying with 3–4+ years’ experience. The role could also be suitable for members of an actuarial team who are keen to move into a consulting role, including those working toward qualification with a view to ultimately progressing to a Scheme Actuary or Corporate Actuary position. We offer excellent progression opportunities through to Partner. Our services are designed to support trustees and employers by delivering pragmatic advice that brings clarity to complex issues such as investing assets, de-risking, longevity, risk management, and the impact of legislative changes. We undertake a range of services for clients, including full-service actuarial consulting, investment consultancy, and standalone projects such as mergers and acquisitions.

Requirements

DB pensions experience is essential.
Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams
Good IT skills and presentation skills
DB pensions experience or a solid understanding of the basics of pensions

Responsibilities

Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations
Undertake the bulk of the calculations for an actuarial valuation
Reviewing draft client reports and advice and draft member communications
Working with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice
Aim to become a Client Account Manager for a number of clients and starting to take on a number of Client Account Manager duties
Attend client meetings and take an active role where applicable
Supporting various types of client projects and working with our corporate team on a wide range of areas
General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed
Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams
Design and management of surveys and using statistical techniques in order to analyse and interpret the quantitative data collected
Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material
Research new and/or technical topics and report back to the team
Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team