Actuarial Consultant

Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de-risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full-service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions. 

We are seeking an Actuarial Consultant to join our team based in our Cheltenham office on a hybrid working basis between home and the office. This is an exciting opportunity for a more recently qualified actuary, or a part qualified actuary who is working toward qualifying as an actuary with 2 - 3+ years experience. 

We also have opportunities for our Bristol, Leeds, Liverpool, Manchester or Glasgow office. 

The role is suitable for members of an actuarial team that are keen to pursue a consulting role and may include those working toward qualifying as an actuary with a view to ultimately working towards being a Scheme Actuary or Corporate Actuary. We offer excellent progression opportunities through to Partner.

DB pensions experience is essential.

Snapshot of your day:

Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations

Undertake the bulk of the calculations for an actuarial valuation

Reviewing draft client reports and advice and draft member communications

Working with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice

Aim to become a Client Account Manager for a number of clients and starting to take on a number of Client Account Manager duties

Attend client meetings and take an active role where applicable

Supporting various types of client projects and working with our corporate team on a wide range of areas

General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed

Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams

Design and management of surveys and using statistical techniques in order to analyse and interpret the quantitative data collected

Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions

Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material

Research new and/or technical topics and report back to the team

Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team

We would love to hear from you if you have:

Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams

Good IT skills and presentation skills

DB pensions experience or a solid understanding of the basics of pensions

What’s in it for you:

Competitive discretionary annual bonus

Generous pension scheme (8%)

Core benefits for you including private medical cover, life assurance (x4 - x10), group income protection (65%), and up to 30 days holiday per year with holiday trading

A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts

For a full list of benefits, please click

Not quite the right opportunity for you this time? 

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