Pension Actuarial Consultant

London, England, United Kingdom

12/15/2024

Introduction

Discover a world of endless possibilities at Gallagher Benefit Services, where you'll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

We are seeking a highly organized and detail-oriented individual to join our team as a Pension Actuarial Consultant. The role holder will play a crucial role in ensuring that all client tasks and assignments are executed accurately and efficiently. This position requires exceptional attention to detail, strong communication skills, and the ability to multitask effectively.

How You'll Make An Impact

• Prepare and coordinate letters and reports with minimal direction.
• Supervise phases of actuarial valuations and special projects, ensuring accuracy and completeness.
• Prepare material for and attend client meetings, making presentations to clients and prospects.
• Own the implementation of new services and assist scheme consultants with the consultancy aspects of pension schemes.
• Coordinate and review project assignments to ensure timely and accurate work products.
• Assist in the development and presentation of proposals for consulting services.
• Proactively provide consulting services and develop responsive solutions.
• Attain billable hours objectives by applying acquired skills in the production of client deliverables.
• Take personal responsibility for the timeliness and quality of work performed, ensuring tasks are completed within budget.
• Explain and help clients analyze the pros and cons of alternative means available for addressing their needs.
• Use relevant tools of the trade, including regulator’s guidance, accounting standards boards’ statements, and internal consulting expertise.
• Maintain contact with clients regarding work product and client inquiries.
• Listen to clients to understand their problems and articulate solutions.
• Seek to grow client relationships and continuously improve the efficiency of our services to remain competitive.
• Consult with other GBS lines of business regarding projects and expanded client relations.
• Assist in the preparation of client invoices.
• Assist in hiring, training, and motivating junior staff, providing feedback and managing performance as necessary.
• Demonstrate the ability to work and communicate within a team environment.
• Assist in improving work processes and organizing, delegating, and supervising the work of junior staff.
• Act on new opportunities, accepting challenges and responsibilities.
• Maintain in-depth knowledge of the marketplace benefits products.
• Increase knowledge by participating in and running training activities.
• Bring in more experienced personnel as appropriate for situations or assignments.
• Share work product with other consultants across company.
• Pursue actuarial credentials through continual professional development.
• Peer review and ensure own work is peer-reviewed as appropriate.
• Maintain accurate time recording and charging to clients where applicable.
• Keep abreast of applicable regulatory bodies.
• Adhere to Corporate Policies and Procedures (CCPs).
• Report any suspected breaches to management or compliance department upon discovery.
  
  

About You

• Substantial experience in actuarial consultancy.
• Excellent communication skills.
• Ability to prioritize, coordinate, and carry out tasks within deadlines.
• Strong numeracy and literacy skills.
• Proactive and a great teammate.
• Outstanding attention to detail.
• Computer literate.
• Proven management skills.
• FIA/FFA qualified.
• Eligible to work in the UK
  
  

Compensation And Benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance
  
  

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…
  
  

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.