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Actuarial Consultant - Public Sector

Aon Hewitt

Birmingham, Bristol, Epsom, Farnborough, Leeds

Hybrid

GBP 40,000 - 80,000

10 days ago

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Job summary

An established industry player seeks an Actuarial Consultant to join their collaborative team in delivering exceptional actuarial services to public sector clients. This role offers the chance to work closely with Local Government Pension Scheme clients, providing strategic advice on funding and risk management. You will be empowered to take ownership of your work while collaborating with a diverse team of professionals. With opportunities for personal and professional growth, this position is ideal for those looking to make a meaningful impact in the actuarial field. Join a forward-thinking company that values innovation and inclusivity, and experience a supportive work environment that prioritizes your well-being.

Benefits

Global Wellbeing Days

Flexible working arrangements

Continuous learning opportunities

Qualifications

  • Qualified Actuary or part qualified with less than one year remaining.
  • Strong communication and interpersonal skills.

Responsibilities

  • Advise clients on strategic pensions issues and funding strategies.
  • Prepare actuarial valuations and funding proposals as required.

Skills

Stakeholder management

Communication skills

Interpersonal skills

Strategic thinking

Team collaboration

Education

Qualified Actuary

Part qualified Actuary

Job description

Actuarial Consultant– Public Sector

Are you interested in working on a close-knit, collaborative and knowledgeable actuarial team? Would you like to work in a consulting environment and have daily exposure to leaders of a range of Local Government Pension Scheme clients? Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients? If so, this may be the role for you!

You could be based in any of the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

The Actuarial Consultant will have the opportunity to develop relationships with clients in delivering public sector actuarial work. Responsibilities will include:

  1. Advising Local Government administering authority clients on strategic pensions issues, including funding strategy, employer risk management and pension accounting disclosures.
  2. Preparing actuarial valuations, funding certificates, funding proposals and actuarial statements as required under the LGPS Regulations.
  3. Taking ownership for the quality of technical work delivered to clients, including reviewing work from more junior support team members as required.
  4. Working collaboratively on joint projects with colleagues in the general consulting, risk management and investment practices.
  5. Developing intellectual capital to support innovation and efficiencies.

How this opportunity is different

The Actuarial Consultant is encouraged to work autonomously to deliver actuarial services to their allocated clients while also working as part of a team with a diverse range of versatile, motivated colleagues who will support you. Client exposure within the actuarial team is second to none, providing opportunities to work with very large, open defined benefit pension scheme clients daily.

Should the candidate wish to expand into other areas of advice, there will also be the opportunity to work on a range of wider pensions consulting services, including providing governance advice, and advice relating to the benefits of the Local Government Pension Scheme and other public sector schemes. The work could also extend to advising pension scheme trustees in the private sector.

Skills and experience that will lead to success

  1. Qualified Actuary or part qualified with less than one year remaining.
  2. Stakeholder management experience whilst exposure to leading client relationships would be advantageous.
  3. Ideally possesses relevant industry and consulting experience coupled with sound technical capability; however, we are also interested in individuals willing to transition from non-pension actuarial areas.
  4. Strong communication and interpersonal skills, and comfortable in leading discussions at a senior management level.
  5. Ability to encourage and develop other colleagues, and work well within diverse teams.
  6. Whilst having an eye for detail, also capable of thinking and advising at a strategic level.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

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