About the Role
LCP’s pensions actuarial department is growing as we expand our client base and continue to take on new projects for our existing clients. Our goal is to be the leading long-term partner for DB advice and deliver better outcomes for members, trustees, sponsors and society. With this comes opportunities to work on wide-ranging clients and projects and progress. Ideally you will divide your time between pensions actuarial and pensions risk transfer (PRT) work, but we are flexible on the split between the two depending on your strengths and interests.
Responsibilities
- Coordinating actuarial calculations with the less experienced teams on your clients and reviewing these calculations along with the associated advice.
- Undertaking a central role in broking insurance transactions, liaising and negotiation with insurers, attending meetings and managing projects.
- Joining specialist teams covering longevity, GMP equalisation and Collective Defined Contribution schemes.
- Attending industry networking events.
Requirements
- A qualified pensions actuary with demonstrable experience working in the UK pensions actuarial consulting environment.
- Excellent UK pensions technical knowledge, with the ability to review core technical work such as actuarial valuation and member options calculations and pensions accounting.
- Awareness of current issues and key hot topics in the UK pensions industry.
- Ability to draft clear communications and presentations.
- Ability to delegate tasks to less experienced members in the team, explaining the wider context.
- Commercial awareness with the ability to consider agreed budgets when carrying out work.
- Keen to learn and get involved in Pensions Risk Transfer work.
- Excellent technical pensions knowledge, with the ability to propose your own ideas on how to approach complex calculations.
- Excellent communication skills.
- Excellent organisational skills.
- A team player mentality with the ability to build strong relationships both within and outside LCP.
- Approachable and happy to support less experienced team members, fostering a supportive working environment.
Skills
- Pensions actuarial
- Pensions risk transfer
- Actuarial valuations
- Member options advice
- Strategic advice
- Project work
- Broking insurance transactions
- Liaising with insurers
- Negotiation with insurers
- Project management
- Longevity
- GMP equalisation
- Collective Defined Contribution schemes
- Communication
- Organisation
- Teamwork
- Relationship building
Location
- London
Work Type
- Hybrid working
Experience Level
- Senior
- Qualified pensions actuary
Benefits
- Hybrid working
- Professional development
- Life assurance
- Income protection
- Enhanced maternity/paternity/adoption and shared parental leave
- 26 days annual leave plus bank holidays
- Options to buy & sell holiday
- Private medical insurance
- Discounted gym memberships
- Discounted critical illness insurance
- Discounted dental insurance
- Competitive pension scheme
- Discretionary bonus scheme
- High street discounts
- Season ticket loans
- Volunteering opportunities
- Electric vehicle salary sacrifice scheme
About the Company
- LCP is an award-winning actuarial and analytics consultancy providing market-leading capabilities and advice across pensions and financial services, energy, health, and analytics.
- We use powerful analytics fused with human expertise to shape a more positive future.
- Joining a certified B-Corp, multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be.
Equal Opportunity
- We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
- LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.
