Actuarial Consultant

The Actuarial Team at Broadstone

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.

Key Responsibilities

• Reviewing data prepared by colleagues or other third parties
• Preparing and reviewing calculations, letters and reports for review by senior colleagues
• Aiding the development of less experienced colleagues
• Working with consultants to assist in the account management of clients

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, early/late retirement quotations, trivial commutations, transfer values
• Carrying out and reviewing technical calculations relating to pension schemes for review by colleagues, actuarial valuations, preparation of accounting disclosures under FRS 102, IAS 19R and either ASC 715 or US GAAP

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, 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