Actuarial Pensions Consultant

WTW group; Birmingham; Hybrid; GBP 80,000 - GBP 100,000; Full time

Job summary

A leading global consulting firm in Birmingham seeks a Pension Actuarial Consultant with experience in UK defined benefit pensions. Applicants from all stages of their actuarial journey are welcome. The role includes contributing to diverse projects, mentoring junior colleagues, and enjoying a flexible hybrid working environment. Key benefits include health coverage, generous annual leave, and additional perks aimed at supporting both professional and personal growth.

Benefits

25 days of annual leave plus an additional WTW day

Private healthcare

Defined contribution pension scheme with matched contributions

Electric vehicle car scheme

Cycle-to-work programme

Qualifications

• Experience working as a pension actuary on UK defined benefit pensions.
• Strong client-service orientation.
• Proven ability to mentor junior colleagues.

Responsibilities

• Contribute to UK Defined Benefit pensions work.
• Engage in team collaboration and relationship building.
• Mentor junior colleagues.

Skills

Client-service orientation

Strong communication skills

Delegation skills

Self-starter

Education

IFoA part-qualified or qualified actuary

Job description

Description

We welcome applications from candidates at all stages of their actuarial journey—whether you're part-qualified, nearly or newly qualified, or fully qualified.

The Role

You will be joining WTW as a Pension Actuarial Consultant, contributing to our UK Defined Benefit pensions work. We welcome applications from part-qualified, recently qualified, and fully qualified actuaries with relevant experience in core UK pensions actuarial work.

We work with a wide range of clients and your work may cover both trustee and corporate assignments. As well as providing advice on regular valuations, accounting, PPF levies, individual calculations, and factor reviews, we often work alongside our clients on innovative, market-leading projects. For more information on our Pensions Corporate Consulting offering, please visit: https://www.wtwco.com/en-gb/solutions/services/pensions-corporate-consulting

As a pension actuarial consultant at WTW, you will have opportunities to contribute to varied and interesting projects such as:

• Integrated risk management
• Liability management
• Guaranteed minimum pension (GMP) equalisation
• Plan design strategy
• Asset and liability modelling and journey planning strategy
• Mergers and acquisitions

You will be part of a collaborative and inclusive team environment, actively engaging in team collaboration and building relationships.

As a pension actuarial consultant, you will also mentor junior colleagues, developing their skills, while demonstrating strong project management and delegation skills.

Our “Work Styles” structure allows you to choose the option which best suits you. The structure is grounded in the trust which we place in all colleagues and has flexibility as its core. Most colleagues have selected the hybrid option, which offers a flexible mix of working from home and in the office, choosing your location to match your plans for each day, for example attending the office for client meetings and personal development. You can also benefit from flexible working opportunities, such as part-time working, and will have control over your work-life balance.

See more information about our WTW careers page: https://careers.wtwco.com/jobs/search?page=1&query=actuarial

Qualifications

What you’ll bring

• Experience working as a pension actuary on core UK defined benefit pensions actuarial work.
• IFoA part-qualified, nearly/newly qualified OR qualified actuary - All levels welcome.
• Strong client-service orientation.
• Strong written and verbal communication skills to deliver impactful client interactions.
• Proven delegation skills and a desire to coach and mentor junior colleagues.
• Sense of accountability: owning your work and taking pride in it.
• Self-starter: interest in continually challenging yourself and willingness to step outside of your comfort zone.
• Ability to think beyond the task at hand and understand how work fits into the broader landscape.

What we offer

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please [e-mail]