Senior Actuarial Consultant

2 months ago


Redditch, Worcestershire, United Kingdom Broadstone Full time

About the Role

The Actuarial Team at Broadstone provides a comprehensive range of actuarial and defined benefits pension consultancy services to pension scheme trustees, scheme sponsors, and other third parties. The team also offers non-pensions actuarial analysis and advice to other parts of the firm. As a Senior Actuarial Consultant, you will work collaboratively with colleagues in Investment Management, Broadstone, and other third parties to deliver high-quality services.

Key Responsibilities

  • Liaise with Investment Management colleagues, Broadstone colleagues, external third-party administrators, and clients to ensure seamless communication and service delivery.
  • Attend external meetings with senior colleagues to represent Broadstone and provide expert advice.
  • Develop and maintain strong relationships with clients to deliver exceptional service and support.
  • Review and investigate data preparation work carried out by junior colleagues to ensure accuracy and quality.
  • Carry out and review technical calculations relating to individual members of pension schemes, including early/late retirement quotations, trivial commutations, and transfer values.
  • Conduct and review technical calculations relating to pension schemes, including actuarial valuations, preparation of accounting disclosures under FRS 102, IAS 19R, and either ASC 715 or US GAAP.
  • Suggest improvements to current working practices to enhance operational efficiency and effectiveness.

Requirements

  • Hold passes in several actuarial exams, with a strong aptitude to continue progress towards part qualification as FIA or FFA.
  • Develop and maintain a working knowledge of actuarial valuations, accounting disclosures under FRS 102, IAS 19R, and either ASC 715 or US GAAP.
  • Demonstrate strong numeracy and literacy skills, with the ability to absorb and apply technical information effectively.
  • Exhibit excellent team-working and communication skills, with the ability to work collaboratively with colleagues and clients.
  • Be proficient in Microsoft Word, Excel, and PowerPoint, with a strong understanding of computer systems and technology.

Overarching Obligations

  • Adhere to all relevant laws, regulations, and Broadstone Policies and Procedures.
  • Exhibit a good standard of ethical behavior, doing the right thing at all times.
  • Comply with all relevant professional standards.

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