Senior Actuarial Consultant

3 weeks ago

York, United Kingdom Broadstone Corporate Benefits Limited Full time
The vacancy

Role Purpose

The Actuarial team provides a broad range of actuarial and defined benefits pension consultancy services to pension scheme trustees, scheme sponsors and other third parties. The team also provides non-pensions actuarial analysis and advice to other parts of the firm. The role involves working jointly with colleagues in Investment Management, Broadstone and other third parties.

Responsibilities may include reviewing data prepared by colleagues or other third parties, preparing and reviewing calculations, preparing and reviewing letters and reports for review by senior colleagues. The role will also involve aiding the development of less experienced colleagues. You will also work with consultants to assist in the account management of clients to develop your "softer" skills.

Key Accountabilities
  • Liaising with Investment Management colleagues, Broadstone colleagues, external third party administrators, and clients
  • Attendance at some external meetings together with a senior colleague
  • Some direct client communication via email or telephone
  • Ensuring all work is carried out in accordance with Broadstone standards
  • Reviewing data preparation work carried out by junior colleagues, and investigating and resolving abnormalities as appropriate
  • Carrying out and reviewing technical calculations relating to individual members of pension schemes for review by colleagues, e.g. early/late retirement quotations, trivial commutations, transfer values
  • Carrying out and reviewing technical calculations relating to pension schemes for review by colleagues, e.g. actuarial valuations, preparation of accounting disclosures under FRS 102, IAS 19R and either ASC 715 or US GAAP
  • Suggesting changes to current working practices to improve operational efficiencies

Technical Knowledge and Professional Qualifications
  • Passes in several actuarial exams, close to part qualification as FIA or FFA
  • Aptitude to continue progress with actuarial exams
  • Working knowledge of the basics of actuarial valuations, accounting disclosures under FRS 102, IAS 19R and either ASC 715 or US GAAP

Key Skills
  • Highly numerate and literate
  • Ability to readily absorb technical information
  • Strong team-working and communication skills
  • Computer literacy including familiarity with Microsoft Word, Excel and PowerPoint

Overarching Obligations
  • Adhere to all relevant laws & regulations, and Broadstone Policies & Procedures
  • Achieve a good standard of ethical behaviour, i.e. do the right thing at all times
  • Comply with all relevant professional standards

Comply with the FCA's requirements in relation to Conduct Risk & Treating Customers Fairly

The company

The Broadstone Group is a leading, independent provider of specialist pensions, trustee, and employee benefits solutions to small to medium enterprises and large corporates.

At the heart of our business is a diverse team of specialist advisers, each with a unique knowledge base within their specific area. Our company structure and systems, finely-tuned over the years, enable our advisers to remain intricately linked to provide clients with coordinated, end-to-end solutions whenever required. This ethos is one that continually upholds good practice, encourages proactivity, and ultimately benefits our client's bottom line.

Broadstone is a Living Wage Employer

We have been accredited as a Living Wage Employer. This means that we have made a living wage commitment to ensure that everyone working at Broadstone will receive at least a minimum hourly wage. Both rates are significantly higher than the government minimum for over 23s.

Our values

Client First

We aim to be the most customer service centric business in the sector. We put the interests and the needs of clients first.

Outcome Driven

We focus on achieving the best possible results. We use our experience and expertise to realise opportunities and deliver on objectives.

Collectively Confident

We challenge ourselves to embrace change and look to the future. We continuously improve by evolving to create, capture and realise new opportunities for our customers and colleagues.

Forward Thinking

We seek to build strong relationships through collaboration. We develop a recognition and understanding of each other to collectively achieve more from each other for the benefit of all.

The benefits

Total Reward package (Click)

We are proud of the total reward package that we offer to our employees. Our flexible benefits approach gives individuals the power to select the package that best suits their needs.
  • Competitive salary
  • 25 days holiday, plus bank holidays (with the option to buy more)
  • Generous pension scheme
  • Fully supported Study Programme
  • Health cash plan (level 1)
  • Life Assurance
  • Group Income Protection
  • Eye tests
  • Social events
  • Community volunteering days
  • Employee Assistance Programme
  • Health club discounts
  • Give as you earn scheme*
  • Personal Accident insurance*
  • Travel insurance*
  • Health Assessments*
  • Dental insurance*
  • Cycle to work scheme*
  • Tech scheme*
  • Critical illness*
  • Cancer checks*
  • The Green Car Scheme*
  • Discounts on entertainment, cars, insurance, and much more

* Additional benefits which can be purchased by the employee.

Diversity & Inclusion

Diversity and inclusion is at the forefront of both our HR and wider business agenda. We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and their passion for delivering excellence. We're committed to creating an inclusive environment for all employees.

Please contact us if you need any adjustments or changes made to help you find and apply for jobs with us.

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