Actuarial Consultant - GMP
Job ID: 10106436
Home-Based - GBR
Permanent
Work From Home
Shape better services as an Actuarial Consultant – GMP
Home Based
We are at an exciting point in our evolution, defining and executing Capita Pensions Consulting’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.
Our teams are trusted as scheme actuaries to over 200 pension schemes, our actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation, and integrated risk management.
We are looking for a nearly or qualified Actuarial Consultant to join our GMP team. This is a rapidly growing team and represents an exciting opportunity to be involved in GMP equalisation and other rectification projects.
GMP equalisation is currently a subject on the agenda for all Trustees’ meetings. This role represents an opportunity to be at the forefront of this area in a client facing role.
The primary purpose of the role is to assist in the provision of advice in relation to GMP equalisation and other rectification exercises and to deliver the results to clients acting as a trusted advisor for a portfolio of schemes
The purpose of the team is:
• To advise clients in relation to benefit rectification projects both for ongoing pension schemes and those heading towards buy in/out or wind up
• To carry out benefit rectification projects, liaising with other departments where required and to provide technical support to the rest of the department
• Participate in the development of actuarial policy in relation to occupational pension scheme valuations, financial reporting and pensions legislative developments
• Provide peer review sign off and mentoring functions to other actuaries and staff contribute to sales and sales presentations to generate revenue growth
Our culture ensures all new employees are engaged, entrusted and empowered so they feel part of company, have pride in working for Pensions Consulting, and feel as though they make a difference.
Job Description
Key duties / responsibilities
- Working on client projects relating to GMP equalisation/conversion, NRA equalisation and other rectification projects with personal targets set, aligned to client delivery
- Supervising, checking and signing off the work of junior team members providing coaching, mentoring and feedback to enhance quality of work and development of colleagues
- Acting as the primary point of client contact on some projects
- Attending client meetings
- Supporting the management of the team’s workflow to achieve client delivery and providing a two way communication channel for the team to maximise motivation and team success.
What are we looking for
Qualifications
A nearly or qualified Actuary (full study is available to complete your studies if required) or qualified by experience
Skills required
Essential
- Experience of working in an actuarial team ideally with GMP knowledge
- Knowledge of benefits legislation and best practice
- Good communication skills
- Ability to work flexibly and able to work under pressure
- Proactive
Desirable
- Knowledge of PFaroe actuarial consulting software
- Experience of working in an actuarial role in a pensions consultancy
About Capita Pension Solutions
At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.
What’s in it for you?
- 23 days’ holiday (rising to 27) with the opportunity to buy extra leave
- Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
- Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
- The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
- Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform
What we hope you’ll do next:
Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.
We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at reasonableadjustments@capita.com or call 07784 237318 and we’ll get back to you. For more information about equal opportunities and process adjustments, please visit the Capita Careers website.
Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process, including communication support at interviews such as a British Sign Language interpreter. If you require this support you can apply for this support at https://www.gov.uk/guidance/apply-for-communication-support-at-a-job-interview-if-you-have-a-disability-or-health-condition-access-to-work .
About us
Capita is a consulting, transformation and digital services business. We deliver innovative solutions and simplify the connections between businesses and customers, governments and citizens. We're driven by our purpose: to create better outcomes – for our employees, clients and customers, suppliers and partners, investors, and society. We're committed to being a responsible business – in how we operate, serve society, respect our people and the environment, and deliver attractive returns to our investors.
Every day we help millions of people, by delivering innovative solutions to transform and simplify the connections between businesses and customers, governments and citizens. We partner with clients and provide them with the insight and cutting-edge technologies that give time back, allowing them to focus on what they do best and making people’s lives easier and simpler. We operate in the UK, Europe, India and South Africa and currently have 55,000 talented people working in our three divisions: Capita Experience, Capita Public Service and Capita Portfolio.