Actuarial Consultant - GMP

Capita; United Kingdom; Remote; GBP 45,000 - 70,000; Full time

Job summary

A leading pensions consultancy is seeking an Actuarial Consultant – GMP to join their home-based team. This role involves advising clients on GMP equalisation and other pension rectification projects. The ideal candidate will have strong actuarial knowledge and experience in a rapidly growing team, responsible for delivering critical pension advice and assisting in project management. Comprehensive benefits are offered, including holidays, retirement contributions, and training opportunities.

Benefits

23 days’ holiday (rising to 27)

Company matched pension

Life assurance

Cycle2work scheme

15 weeks’ fully paid maternity leave

Qualifications

• Experience working in an actuarial team ideally with GMP knowledge.
• Knowledge of benefits legislation and best practice required.
• Good communication skills essential.

Responsibilities

• Assist in providing advice on GMP equalisation and client results.
• Advise clients on benefit rectification projects for ongoing schemes.
• Participate in developing actuarial policy for pension scheme valuations.

Skills

Experience in an actuarial team ideally with GMP knowledge

Knowledge of benefits legislation and best practice

Good communication skills

Ability to work flexibly and under pressure

Proactive

Education

Studying for an actuarial qualification or qualified by experience

Tools

PFaroe actuarial consulting software

Job description

Overview

Shape better services as an Actuarial Consultant – GMP. Home Based.

We are at an exciting point in our evolution, defining and executing Capita Pensions Consulting’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond. Our teams are trusted as scheme actuaries to over 200 pension schemes, with actuarial services including advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation, and integrated risk management. We are looking for a nearly or qualified Actuarial Consultant to join our GMP team. This is a rapidly growing team and represents an exciting opportunity to be involved in GMP equalisation and other rectification projects. GMP equalisation is currently a top agenda item for Trustees’ meetings. This role provides an opportunity to be at the forefront of this area in a client-facing capacity.

Job title

Actuarial Consultant - GMP

What you’ll do

The primary purpose of the role is to assist in the provision of advice in relation to GMP equalisation and other rectification exercises and to deliver the results to clients while acting as a trusted advisor for a portfolio of schemes.

Key duties / responsibilities

• Advise clients on benefit rectification projects for ongoing pension schemes and those heading towards buy-in/out or wind up
• Carry out benefit rectification projects, liaising with other departments as required and provide technical support to the rest of the department
• Participate in the development of actuarial policy in relation to occupational pension scheme valuations, financial reporting and pensions legislative developments
• Provide peer review sign-off and mentoring functions to other actuaries and staff
• Contribute to sales and sales presentations to generate revenue growth
• Support a culture of engagement, entrustment and empowerment to ensure employees feel part of Capita Pension Solutions

What are we looking for

Qualifications

Studying for an actuarial qualification or qualified by experience (full study is available to complete your studies if required)

Skills required

Essential

• Experience of working in an actuarial team ideally with GMP knowledge
• Knowledge of benefits legislation and best practice
• Good communication skills
• Ability to work flexibly and under pressure
• Proactive

Desirable

• Knowledge of PFaroe actuarial consulting software
• Experience of working in an actuarial role in a pensions consultancy

About Capita Pension Solutions

At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.

What’s in it for you?

• 23 days’ holiday (rising to 27) with the opportunity to buy extra leave
• Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks… and other benefits
• Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
• Paid day out of the office to volunteer for our charity partners or a cause of your choice
• Access to Employee Network Groups, representing every strand of diversity and fostering an inclusive environment

What we hope you’ll do next

Choose “Apply now” to fill out our short application so we can learn more about you.

We welcome applications from people from Black, Asian and other ethnic minority backgrounds. We’re an equal opportunity and Disability Confident employer and are committed to an inclusive, barrier-free recruitment process and working environment. If you need the job description or application form in an alternative format, or if you’d like to discuss changes or support, please email [e-mail] or call 07784 237318. For more information about equal opportunities and process adjustments, please visit the Capita Careers website.

Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process. If you require this support, you can apply for it at the government webpage: https://www.gov.uk/guidance/apply-for-communication-support-at-a-job-interview-if-you-have-a-disability-or-health-condition-access-to-work

Location

United Kingdom

Time Type

Full time

Contract Type

Permanent