Actuarial Trainee Consultant

1 month ago

London, United Kingdom Hymans Robertson LLP Full time

                                *Please note experience is require for this role*

High level overview of role:

As a part-qualified actuarial trainee you will be supporting a portfolio of client accounts, providing high quality actuarial and consulting services.  The primary focus is on UK defined benefit pension schemes working with both Trustee Boards and Sponsoring Employers.  You will get exposure to a varied range of work that will allow you to grow and develop a career in areas that suit your own particular skills and interests.

Key responsibilities will include:

  • Working on nominated client accounts, ensuring that work is done on time, within budget, and to a high standard.
  • Preparing actuarial calculations, for example (but not limited to) in respect of scheme funding, company accounting work, actuarial factors and individual member calculations.
  • There may also be opportunities to support other areas of the business (for example in DC, risk transfer, governance, proposition development and new business).
  • Supporting the development of less experienced members of your team and checking their calculations where necessary.
  • Liaising with client managers and team leaders where there are conflicting demands from clients.
  • Developing and maintaining a good working relationship with your clients.
  • Preparing client invoices within internal deadlines and subject to internal procedures.
  • Ensuring all work is undertaken in a rigorous, accurate and methodical manner.
  • Ensuring comprehensive audit trails are maintained.
  • Being aware of deadlines and planning work in order to meet these.
  • Maintaining a record of current status of all work requested in accordance with agreed procedures.
  • Presenting work in a clear and understandable manner to clients, other advisers and colleagues where necessary.
  • Developing knowledge of actuarial and pensions matters which are relevant to the requirements of the job.
  • Timely and careful time recording against appropriate client codes.
  • Adhering to the firm's Information Security standards, policies and procedures.

We are looking for the following personal characteristics:

  • First class interpersonal and client relationship management skills.
  • First class organisational and communication abilities.
  • Proven ability to manage multiple and sometimes conflicting demands.
  • Able to co-ordinate activity within individual client teams.
  • Driven and motivated to develop an actuarial career in a client focused consultancy.
  • Able to demonstrate a proactive approach in developing technical, consultancy and management skills.

Qualifications & experience:

  • Relevant pensions or actuarial experience.
  • A strong degree (ideally 2.1 or above) in a numerate subject.
  • Making progress with the Institute and Faculty of Actuaries examinations.
  • Strong IT skills are essential, in particular an advanced knowledge of Microsoft Excel.
  • A sound grounding in actuarial and computing techniques used in the valuation of pension benefits.
  • An understanding of the legislative framework for UK pension schemes, commensurate with the level of experience in pensions actuarial work.

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