Job Description
The Role
As a Retirement Actuarial Consultant at the Global Insurance Consultancy you will play a critical role in helping our clients navigate the complex world of retirement planning and pension management. You will supply expert actuarial consulting services to a diverse portfolio of clients, helping them make informed decisions about their retirement and pension programs.
The key aspects of the role will include:
Actuarial Analysis
- Conduct complex actuarial calculations and analyses to assess the financial health of retirement plans.
Compliance and Regulatory Expertise
- Stay up to date with retirement plan regulations and compliance requirements.
- Ensure that client plans adhere to all relevant laws and regulations.
Risk Management
- Identify and evaluate risks associated with retirement plans and recommend strategies to mitigate these risks.
Plan Design and Strategy
- Collaborate with clients to develop and implement retirement plan design strategies that align with their business aims.
- Evaluate the impact of plan design changes on financial outcomes and employee benefits.
Client Relationship Management
- Build and support client relationships by understanding their unique needs and aims.
- Serve as the primary point of contact for clients and proactively address their retirement and pension-related concerns.
Communication and Education
- Effectively communicate complex actuarial concepts to clients, both in writing and verbally.
- Supply education and training to clients and their employees on retirement plan matters.
Team Collaboration
- Work closely with other consultants, analysts, and support staff to deliver comprehensive solutions to clients.
The Requirements
- Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related quantitative field.
- Proven experience as an actuarial consultant with a focus on retirement and pension consulting to UK pension schemes.
- Ability in actuarial software and modelling tools.
- All-inclusive analytical, problem-solving, and communication skills.
- Ability to work effectively in cross-functional teams and manage multiple client relationships.