(Senior) Life/Pensions Actuary

Full Job Description

TAG is seeking ambitious (Senior) Life/Pensions Actuaries on behalf of our client, a true innovator and disrupter within the life & pensions space. The ideal candidate will either be a nearly/newly actuary or a fully qualified actuary with at least five years’ PQE (senior role) and a pensions or life insurance background. You will be highly motivated to help clients find the best possible solutions to their challenges. You will possess excellent relationship-building skills, combining an engaging and approachable working style with professionalism and excellence in client and stakeholder servicing. Your primary responsibilities will involve providing strategic advice and actuarial solutions to reduce pension risks and ensure the best outcome and experience for our client’s Pensions Trust’s members. You will be working closely on a range of complex transactions and be expected to lead diverse projects across business development, pricing, ALM and valuations, amongst others. In addition, for those appointed to the senior roles, you will be expected to manage junior members of the team, showcasing strong leadership and mentoring skills.

Responsibilities:

• Developing and maintaining complex statistical/actuarial models that directly impact the efficiency and profitability of pension scheme de-risking transactions.
• Preparing reports and documentation for senior management to recommend strategic, commercial and propositional improvements.
• Applying and maintaining a high level of knowledge of relevant actuarial software, systems and processes.
• Providing strategic advice and actuarial solutions to clients, e.g., leading ALM and investment-related engagements, delivering pricing quotes, preparing valuations and responding to any relating queries.
• Act as actuarial subject matter expert within the business to ensure specialist input is provided to support commercial negotiations and business decision making.
• Monitoring developments and regulatory changes in the market to ensure compliance.
• Overseeing ad hoc tasks such as analyses, systems testing and process improvements.
• Supporting and developing junior actuaries, ensuring accurate and timely delivery of work as part of a team working together towards tight deadlines.
• Developing and maintaining strong relationships with clients and other internal/external stakeholders by demonstrating excellent interpersonal and communication skills.

Qualifications and Skills:

• Nearly/newly qualified actuary or qualified actuary (senior role) with at least five years’ PQE in pensions or BPA environment.
• Knowledge and understanding of UK defined benefit pension schemes.
• Strong analytical and problem-solving abilities.
• Excellent communication, interpersonal and leadership skills.
• Strong technical skills and modelling expertise, proficient in MS Office.
• Familiarity with relevant actuarial/programming systems and tools.
• Good knowledge of business development, pricing, ALM and/or valuations desirable.

Company culture and team ethic are very important to our client, as you will be joining an expanding organisation that is entering a period of exponential growth. This will require you to get involved in a wide range of tasks and projects outside of your core responsibilities. If you are an actuary looking to be involved in a progressive scale-up that is bringing truly innovative solutions to the pensions industry, please get in touch.

Note: This job specification is a general outline of responsibilities and requirements and is not exhaustive. Other duties may be assigned as needed, and the job description may be subject to change based on organisational requirements.