Actuarial Consultant

JR United Kingdom; Bedford; On-site; GBP 48,000 - 60,000; Full time

Job summary

A leading consultancy is seeking a nearly or fully qualified Actuarial Consultant to join a dynamic team focused on GMP equalisation and benefit rectification projects. This role involves leading key projects, collaborating with clients, and supporting junior colleagues while contributing to innovative consultancy services. With ambitious growth plans, this position is ideal for those looking to advance their career in pension consultancy.

Qualifications

• Experience in an actuarial role within pensions.
• Familiarity with GMP-related issues and benefit rectification work.
• Previous consultancy experience in pensions.

Responsibilities

• Leading and supporting projects related to GMP equalisation and benefit rectification.
• Acting as a point of contact for clients and attending meetings.
• Checking work produced by junior colleagues and providing feedback.

Skills

Communication

Interpersonal Skills

Project Management

Technical Expertise

Proactivity

Education

Part-qualified or qualified actuary

Tools

Actuarial modelling software

Job description

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We are currently seeking a nearly or fully qualified Actuarial Consultant to join a growing team focused on GMP equalisation and benefit rectification projects. This role offers an excellent opportunity to be at the forefront of an area that is high on the agenda for pension scheme trustees across the UK.

You will work with a team that provides actuarial consultancy to a large number of pension schemes, supporting clients with funding advice, strategic planning, journey management, de-risking activities, GMP equalisation, and compliance with pensions regulation.

This is a key role within a dynamic team committed to innovation, development, and delivering high-quality consultancy services. You will be part of a forward-looking organisation with ambitious growth plans for 2025 and beyond.

Key Responsibilities

• Leading and supporting projects related to GMP equalisation/conversion, normal retirement age (NRA) equalisation, and other benefit rectification exercises
• Acting as a point of contact for clients on specific projects and attending client meetings
• Checking and signing off work produced by junior colleagues, while providing feedback, mentoring, and support to help develop their skills
• Managing project workflows and assisting in the smooth delivery of services to clients
• Collaborating with other departments as required and offering technical expertise across the team

What We’re Looking For

Qualifications:

• A part-qualified or qualified actuary (or equivalent experience)
• Support and study scheme available for those still progressing through actuarial exams
• Experience in an actuarial role within pensions
• Familiarity with GMP-related issues and benefit rectification work
• Strong knowledge of pensions legislation and best practice
• Excellent communication and interpersonal skills
• Ability to manage multiple projects and meet deadlines under pressure
• Proactive and flexible approach to work
• Experience using actuarial modelling software (e.g., PFaroe or similar)
• Previous consultancy experience in pensions