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About the Role

LCP has an exciting opportunity for a Consultant in their Pensions Actuarial Department to support growth in the DB pensions market. The role involves dividing time between pensions actuarial and pensions risk transfer (PRT) work, with flexibility based on candidate strengths and interests.

Responsibilities

Coordinate actuarial calculations with less experienced team members and review calculations and associated advice.
Take ownership of workstreams with support from senior team members.
Undertake a central role in the Pensions Risk Transfer team, broking insurance transactions, liaising and negotiating with insurers, attending meetings, and managing projects.
Explore opportunities within the department to join other specialist teams (e.g., longevity, GMP equalisation, CDC schemes, post-transaction work).
Attend client meetings to develop consulting skills and present findings.
Attend industry networking events.

Requirements

Actuary (preferably qualified) with at least 4 years of experience in the UK pensions actuarial consulting environment.
Strong UK pensions technical knowledge, including reviewing core technical work like actuarial valuations, 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 team members and explain the wider context.
Good commercial awareness with the ability to consider budgets.
Keen to learn and get involved in Pensions Risk Transfer work (training provided).

Skills

UK pensions technical knowledge
Pensions accounting
Clear communication
Presentation drafting
Task delegation
Commercial awareness
Budget consideration
Technical strength in calculations
Challenging ideas
Workload prioritization
Adaptability
Relationship building
Teamwork

Location

London

Work Type

Hybrid working

Experience Level

At least 4 years’ experience

Education Level

Actuary (preferably qualified)

Benefits

Hybrid working
Professional study support
Access to internal Wellbeing, LGBTQ+, Multicultural and Women’s networks
Life assurance
Income protection
Enhanced maternity/paternity/adoption and shared parental leave
26 days annual leave plus bank holidays (with options to buy & sell holiday)
Private medical insurance
Discounted gym memberships
Critical illness insurance
Dental insurance
Eye care vouchers
Cycle to work scheme
Digital GP services
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, and health.
Combines powerful analytics with human expertise to help shape a more positive future.
A certified B-Corp, multi-award winning, fun, collaborative, people-first organisation.
The pensions actuarial department is growing, aiming to be the leading long-term partner for DB advice and deliver better outcomes for members, trustees, sponsors, and society.

Equal Opportunity

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.
Committed to making our opportunities accessible to all and welcome getting in touch to discuss any adjustments needed for applications.