Actuarial Consultant - Risk Settlement

Actuarial Consultant – Risk Settlement

We’re growing and want you to be a part of our journey.

Our Actuarial & Consulting Team

As part of this role you’ll be working in Isio’s Actuarial & Consulting team – over 400 pensions consultants and actuaries advising a diverse range of clients and stakeholders across the private, public and not-for-profit sectors.

We advise on everything from helping trustees and sponsors to manage their defined benefit plans, running large scale communications projects and implementing alternative reward and pension provision. The range of work we get involved with is vast and there’ll be opportunities for you to gain lots of great, new experiences and put your skills to the test.

This particular role will be as part of the Risk Settlement team. This team of over 25 colleagues offers full insurance de-risking services for Trustees and Sponsors of Defined Benefit pension schemes and also provides services directly to insurers.

This is a key strategic area for Isio. Building on our current successes and enhancing our propositions to meet evolving market needs, we anticipate significant growth in this sector over the coming years.

What’s the role?

We ‘re looking for experienced consultants either part or fully qualified actuaries with relevant risk settlement experience to help continue to grow this specialist team.

As a challenger in the industry, we are looking for individuals with excellent pensions consulting and technical skills , a commercial outlook and an entrepreneurial mindset .

Day to day, you will be:

• Supporting in the delivery of advice to clients – this may include managing key client projects directly, and/or supporting our partners and directors to deliver to our clients.
• As well as being involved in the technical aspects of projects, this will also involve working with and building relationships with clients directly, working as part of a team and developing those around you .
• Assisting in the development of new business , both with existing and new clients.
• Technical aspects of this role would include:

• Understanding the pensions insurance industry and building relationships with insurers.
• Helping develop a client’s strategy to approach the insurance market.
• Preparing a scheme to approach insurers.
• Providing client advice on the right transaction to meet their objectives.
• Supporting clients in post-transaction processes through to wind-up.

• As you progress, there will be the opportunity to develop your technical expertise and consulting skills to lead the delivery of broking projects for our clients.

As part of your role, there will be a wide range of opportunities to get involved in a lot of different areas of de-risking consulting and have access to a wide range of clients in the Insurance Team, working alongside other specialist teams to get the best outcome.

Where is the role?

Our Risk Settlement team are based across many of our UK offices. We can therefore offer a range of locations for you to choose from – including Belfast, Birmingham, Bristol, Croydon, Edinburgh, Glasgow, Leeds, London, Manchester and Reading.

We work on a hybrid basis, offering the opportunity for colleagues to split their time between working in the office and at home.

As a business we are great at building strong communities amongst our employees – both across locations and teams, hosting regular team building, charity, and social events.

Key skills and experience

We’re looking for new colleagues with the following skills and expertise – but, please do apply if you don’t hit every requirement and still think you would be great for the role. Our business is better with a diverse range of experience, so we’ll consider each application on its own merits.

• Experience –A part or fully qualified actuary FFA/FIA with relevant risk settlement industry experience.
• Technical expert – understanding the pensions insurance industry, and being able to use this to help develop the right strategy and support the execution of transactions to provide good outcomes for clients.
• A great communicator – someone who can explain complex problems in a simple way to help everyone around the table understand.
• Enthusiasm and motivation - a great deal of desire to solving problems and delivering excellent advice.
• Excellent project management and client delivery skills – especially when balancing multiple demands.
• A great team worker – this will either be as part of a team, or managing a team, depending on your experience.
• Commercial skills – to help us develop our business and look for new opportunities.

Demonstrated Commitment to our Core Purpose

• Power in Partnership : We work in partnership with our clients & each other – building open and trusted relationships. Working together allows us to deliver the best for our clients.
• Future Focus : We want to push our industry forward by solving problems in better ways that benefit both our clients & society.
• Strength in Difference : We work with diverse perspectives to find better solutions. Working with differences makes us stronger.
• People First : We recognise that pensions is a people business. People are the source of Isio’s expertise and it is people’s lives that we affect through our advice.

What we offer you

Isio is a people business, and we’re committed to helping our great colleagues gain a wide variety of experience, significant development opportunities and progression through the business . The variety of work that’ll be available to you will enable you to do this.

On top, we also offer:

• A competitive remuneration package , including a bonus scheme.
• A defined contribution pension scheme .
• Life insurance .
• Healthcare benefits .
• Income protection benefits .
• 25 days annual leave (plus bank holidays) as standard with the option to purchase additional days of holiday. As well as two additional ‘Company’ days – a celebration day for your birthday and an extra day over Christmas.
• Corporate Social Responsibility (CSR) allowance
• Flexible working opportunities.
• A flexible benefits package.
• Internal development programmes including (technical and non-technical) training support and mentor programmes.
• Where required study support including study days, materials and exam entry support.

What’s next?

Click on the ‘apply’ and follow the simple application process on-line.

If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please email [email protected]

About Isio

Isio was ‘born’ in 2020 from the sale of KPMG UK’s Pension Practice to a private equity firm. An industry-leading challenger, we provide diverse expertise spanning Pensions, Investment, Benefits and Wealth to give clients an integrated experience.

Isio is built by challengers, innovators and forward-thinkers, grounded around a vision which strives to deliver greater financial confidence for everyone. We empower and develop those who join us – valuing curious minds and giving people the freedom to outperform. Known and respected for our agility, we harness specialist experience, bold thinking and the desire to push the boundaries of what we can achieve for our clients, from small to blue chip, public to private.

Isio is growing and we are looking for people who share our purpose and behaviours to join us on this journey, as we continue driving exceptional results for both our clients and people.

We are committed to equality, diversity and inclusion – bringing your whole self to work every day. We have hubs across the UK and many of our roles are flexible in location to help create a work-life balance that works for you.

Isio Group is an equal opportunities employer and we welcome applications from all suitably qualified candidates.