Consulting Actuary

Job Purpose

To perform all the functions of the appointed Scheme Actuary to a number of corporate clients and to develop the sales focus, positioning and market proposition of a rapidly expanding Consultant and Actuary business in the Midlands.

Key Tasks and Responsibilities

Delivery of a market leading, value-add actuarial consultancy service to a number of existing clients.

Appointed Scheme Actuary to a number of Defined Benefit corporate clients, providing a full range of Consulting Services to Trustees including;

• Actuarial valuations
• Advice on benefits
• Asset allocation
• Bulk transfersDebt on employer
• Scheme factors
• Scheme reorganisations.
• Transfer values

Alexander Forbes is committed to applying its equal opportunities policy at all stages of the recruitment and selection process and recruitment decisions will be made solely on the basis of the applicant's abilities and individual merit as measured against the criteria for the role.

• To provide consultancy and advice to employers on their arrangements, including:
• Benefit advice and augmentation
• Pension scheme accounting (FRS17, FAS158 and IAS19)
• Sales and purchases
• Scheme reorganisations

Attendance at Scheme Actuary meetings

Business Development

Supporting the Company’s Employee Benefit Consultants and Client Relationship Managers in the attraction, acquisition and development of new and existing clients through:

• Attending meetings with prospective and existing clients, providing actuarial insight and consultancy
• Oversight of the technical and actuarial aspects of corporate presentations and reports
• Scrutiny of actuarial output for accuracy and relevance
• Contributing to the business development strategy for clients
• Contributing to the strategic management of existing clients in terms of service provision and fee structuring

Proposition Development

Responsibility for the strategic development of specific areas of the Consultant and Actuary business proposition.

Contributing to the strategic direction and development of the Consultant and Actuary business

Identification and development of business opportunities caused by shifts in market conditions, legislation and industry practices

Complete other tasks as may reasonably be assigned, including attendance at regular Scheme Actuary meetings.

Qualifications and Experience

Current Scheme Actuary certificate holder

Strong and demonstrable corporate/trustee consultancy experience, advising trustees and employers on all aspects of pensions scheme valuations and administration

Proven ability to express complex defined benefit pension issues simply

Proven ability to present clearly to pension trustees and employer representative groups in all areas of pension benefits, including valuation results and asset allocation advice

Solid experience in supporting and/or driving the acquisition of new business

Understanding business and administration systems and actuarial tools to ensure accurate results

Competencies

• Strong and demonstrable client management skills
• Excellent verbal and written communication, including preparation and delivery of business tenders
• Understanding the value of services and delivery standards to clients
• Strategic thinking
• Decision making
• Negotiation

Alexander Forbes is committed to applying its equal opportunities policy at all stages of the recruitment and selection process and recruitment decisions will be made solely on the basis of the applicant's abilities and individual merit as measured against the criteria for the role.