Locations: London, Birmingham, Edinburgh, Glasgow (hybrid)
The Actuary Group is seeking ambitious part-qualified pension actuaries eager to specialise in risk transfer with one of the UK’s leading pension and investment consultancies. This is an excellent opportunity to gain hands-on experience in de-risking strategies and transactions while working with a diverse portfolio of clients.
Our client partners with employers, trustees, and financial institutions, offering expertise across pensions, investments, benefits, and risk consulting, along with cutting-edge data and technology solutions. They thrive on tackling complex challenges and believe in the power of diverse teams — bringing together different skills, perspectives, and backgrounds to deliver the best solutions.
Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs.
Overview of the Role: Actuarial Trainee – Risk Transfer
As an Actuarial Trainee you will be supporting a portfolio of client accounts manage their risks as part of our de-risking team providing high quality advice to support de-risking strategies and transactions. The primary focus is on UK defined benefit pension schemes working with both Trustee Boards and Sponsoring Employers. You will get exposure to a varied range of work at all stages of the de-risking advice to build your skills and experience.
Key responsibilities will include:
* Working on nominated client accounts, ensuring that work is done on time, within budget, and to a high standard.
* Presenting work in a clear and understandable manner to clients, other advisers and colleagues where necessary.
* Building good relationships internally across the firm and externally with a range of clients, insurers and key contacts within the industry.
* Developing your expertise to work towards being able to lead project workstreams, including agreeing strategies, obtaining quotations, selecting a preferred provider and implementing a transaction.
* Supporting the development of others within your team.
* Timely and careful time recording against appropriate client codes.
* Adhering to the firm's Information Security standards, policies and procedures.
* There may also be opportunities to support other areas of the business (for example in scheme actuarial services, DC, governance, proposition development and new business).
We are looking for the following personal characteristics:
* First class interpersonal and client relationship management skills.
* Able to demonstrate a proactive approach in developing skills in this area
* First class organisational and communication abilities.
* Proven ability to manage multiple and sometimes conflicting demands.
* Able to co-ordinate activity within individual client teams.
* Driven and motivated to develop an actuarial career in a client focused consultancy.
* Able to demonstrate a proactive approach in developing technical, consultancy and management skills.
Qualifications & experience:
* Relevant actuarial experience in either a pensions or insurance context.
* A degree in a numerate subject.
* Making progress with the Institute and Faculty of Actuaries examinations.
In addition to a competitive salary and access to our profit share scheme, we offer:
* A flexible selection of employee benefits, so you can choose a package that best matches your lifestyle and needs.
* A collaborative and supportive work environment where your thinking and ideas are encouraged.
* On site mental health and wellbeing support
* A commitment to helping you develop both personally and professionally, with mentoring opportunities and access to our award-winning learning portal, Aspire.
* Regular social activities, in addition to three days paid volunteering leave each year and a day’s leave to celebrate your birthday.