Buck

Part-Qualified Actuary (Actuarial Trainee)

Location: London / England

Job type

Employment type: Full-Time

Pay: Competitive/hour

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Job description

Req#: PARTQ01699

BUCK - A 104 - year-old firm that is JUST GETTING STARTED. 

Part Qualified Actuary (Student Actuary) - Retirement Consulting Practice – London

About Buck:

Buck offers a range of retirement services to help plan sponsors manage their programs, including actuarial consulting, defined benefit and defined contribution plan design & administration, and compliance consulting. Our service offering also includes data remediation, de-risking, and developing end game strategies for frozen pension plans.

We provide high quality investment strategy advice, actuarial consulting and outsourced pensions management services to our Trustee and Corporate Pension clients.

Why Buck:

Our Actuarial and Investment Consultants work together as part of Retirement Practice which mean we can provide you with a wealth of career development options.

You will be joining a growing organisation that aim to give you opportunities to excel and grow in a high performing team of actuaries and consultants.

Our teams are structured to ensure that analysts are given the choice to consult directly with a range of clients early in their career to foster personal growth and development.

We aim to support you at all stages to develop both your actuarial and consulting skills and empower you to choose your own career path.

The Opportunity:

We are recruiting for a talented and ambitious Part-Qualified Actuary (Student Actuary), who is keen to develop his / her career in a pensions consulting role.

The ideal candidate will have a minimum of 2 to 5 years’ experience in a similar pensions actuarial consulting organisation, and is working their way through the actuarial exams.

This is your opportunity to join an high-performing multi-disciplined team providing clients with excellent advice across; funding, strategy, valuations, scheme wind-ups, governance, de-risking, investment and modelling exercises.

We are looking for individuals with excellent communication skills, business acumen and a client focus, alongside their core technical skills.

You will work on a wide range of client’s accounts, directly with Scheme Actuaries, or part of larger teams on complex projects.

Buck provides full-study support for students undertaking the actuarial exams.

Some key responsibilities:

  • Act as an actuarial and consulting assistant for a portfolio of clients;
  • Handling the preparation of valuations and cost estimates;
  • Assisting consultants on the preparation and delivery of both day to day, and strategic advice;
  • Undertaking and supervising accounting disclosures (FRS17, IAS19 and USGAAP);
  • Assisting scheme consultants with the consultancy aspects of pension schemes;
  • Carrying out non-standard scheme benefit calculations and involvement in wider actuarial work (i.e. assumptions advice, funding advice, actuarial factor reviews, funding updates, accounting);
  • Building up consulting knowledge on actuarial and non-actuarial aspects of pension plans;
  • Supporting senior colleagues in research, analysis and general preparation of materials for new business opportunities…

What we look for (skills & experience):

  • Strong education background including a bachelor’s degree;
  • Minimum 2 to 5 years’ experience in pensions Actuarial / Retirement Consulting;
  • Good progress through the actuarial exams, generally to have completed CT exams and CA1;
  • Strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions;
  • Ability to build relationships with colleagues and clients;
  • Strong all-round communication skills;
  • Able to prioritise, organise and carry out tasks within deadlines.

Why join Buck:

  • Unrivaled Leadership Team – Our Retirement & Investment Consulting practice is led by experienced ‘’functional experts’ who are all qualified member of the Institute & Faculty of Actuaries (IFoA) and CFA Institute.
  • ur Pedigree - we are an industry leading mid-tier Consultancy with a history dating back over 104 years.
  • Diversity of Clients – we work with leading UK and International corporations, across a variety of sectors and industries, where no two are the same!
  • We are Client focused – unlike some of our competitors, we offer bespoke and tailored solutions to our clients, not a one size fits all solution.
  • Your Career is our motivation – working as part of a small but highly collaborative team, you get the level of responsibility and client exposure rarely experienced working for some of our larger competitors. At Buck, we pride ourselves on providing excellent support at all level to drive your ambitions and career development goals.
  • Our commitment to you as a Buck employee – offers a competitive base salary & comprehensive benefits package; are committed to providing a highly collaborative, stimulating, sociable working environment and are committed to flexible working and diversity & inclusion.

What we offer:

As an established company with a start-up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.

  • Highly competitive salary;
  • Minimum 25 days Annual leave (excluding Bank holidays);
  • Holiday trading - (10 days – buy option) or (5 days – sell option);
  • Private Medical cover including partner / spouse and children;
  • Health-checks / Screening;
  • Excellent Defined Contribution pension provisions;
  • Comprehensive Life Assurance coverage;
  • Vision Plan;
  • Company bonus scheme;
  • Interest free season ticket loan;
  • Gym subsidy;
  • Child-care Vouchers;
  • Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Critical Illness cover plus many more.

At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.

We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.


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About company

With changing dynamics in healthcare, retirement, and talent, people think about work in very different ways. Today, your employees expect you to invest in their growth and their financial security in flexible and more personalized ways. At Buck, we’re working to redefine the social contract, or two-way relationship, between you and your employees, to not only accommodate shifting expectations, but to stay ahead of them. We partner with forward-thinking organizations to re-envision the role of the employer and re-design how employees work and live.
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