Actuarial Consultant

JR United Kingdom; Hemel Hempstead; On-site; GBP 40,000 - 70,000; Full time

Job summary

A leading company in pension consultancy seeks a nearly or fully qualified Actuarial Consultant for GMP equalisation and benefit rectification projects. This position offers the chance to work with a dynamic team on high-profile pension issues, supporting client strategies and ensuring compliance. Ideal for someone with a strong actuarial background who thrives in a project-driven environment.

Qualifications

• Experience in an actuarial role within pensions.
• Support and study scheme for actuarial exams available.
• Previous consultancy experience in pensions.

Responsibilities

• Leading and supporting GMP equalisation projects and benefit rectification exercises.
• Acting as a point of contact for clients and attending meetings.
• Checking and signing off work from junior colleagues while providing mentoring.

Skills

Excellent communication

Interpersonal skills

Proactive approach

Ability to manage multiple projects

Familiarity with GMP-related issues

Strong knowledge of pensions legislation

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