(Associate) Risk Transfer Consultant

Consult; United Kingdom; Hybrid; GBP 60,000 - 90,000; Part time

Benefits offered by this job

Flexible benefits package

Mentoring opportunities

Three days paid volunteering leave

Hybrid working with two in-office days

Wellbeing support

Job summary

Consult is seeking an Associate Risk Transfer Consultant to support UK defined benefit pension risk transfer projects. You will work with Trustee Boards and Sponsoring Employers to deliver high-quality advice and manage multiple client engagements.

The role offers flexible part-time or full-time options, with hybrid working and opportunities to develop expertise within a growing actuarial consultancy. You will interact with the Post-Transaction Team and broader business areas to drive value for

Qualifications

• A degree in a numerate subject or equivalent experience.
• Progress through IFoA examinations or be fully qualified.
• Advanced Microsoft Excel skills and strong IT capability, with pensions knowledge.

Responsibilities

• Support the delivery of multiple risk transfer projects, acting as a key internal and external contact.
• Coordinate work across teams to deliver high-quality client outputs.
• Build trusted relationships with clients and colleagues across the business.
• Support post-transaction activity, governance, and new business areas as needed.
• Manage delivery against project plans and escalate risks or issues where appropriate.
• Deliver training sessions to clients and assist with client invoicing and audit trails.

Skills

Interpersonal skills

Organisational skills

Communication skills

Prioritisation

Collaborative mindset

Education

Numerate degree

IFoA examinations progress/fully qualified

Tools

Microsoft Excel

Job description

External Job Posting NoticeThis is an external job post. Consult Now does not have a relationship with this companyfor this role. If you have any questions about the position or application process,please contact the company directly. Clicking “Apply Now” will take you tothe original job posting.

As an (Associate) Risk Transfer Consultant, you’ll play a key role in helping clients manage and reduce pension risk by supporting transactions that transfer liabilities to the insurance market. Your work will focus primarily on UK defined benefit pension schemes, partnering with both Trustee Boards and Sponsoring Employers to deliver thoughtful, high‑quality advice at critical decision points.

You’ll join our clients’ high‑performing Risk Transfer Team, working on a wide range of projects in a growing and dynamic specialism. The role offers genuine variety, strong collaboration across disciplines, and excellent opportunities to build expertise and shape a career path aligned to your interests and strengths.

While we’re keen to hear from candidates with relevant experience, we’re equally open to enthusiastic individuals who are motivated to develop their career in pension risk transfer and grow with the team. As part of our wider actuarial consultancy, there’s also scope to remain involved in ongoing trustee and corporate actuarial work, should you wish.

We are open to considering candidates on a part-time or full-time basis*

What will your role look like?

You’ll support the delivery of multiple risk transfer projects, working closely with colleagues and clients to ensure advice is clear, robust and well‑managed. Acting as a key point of contact, you’ll help coordinate work across teams, contribute to high‑quality client outputs, and play an active role in building trusted relationships.

Day‑to‑day, you’ll balance technical work with project management, collaboration and client engagement — developing both your technical expertise and broader consultancy skills along the way.

Though this is a varied role, your key tasks will include:

• Supporting multiple risk transfer projects, acting as a key internal and external contact
• Collaborating with the team to prepare high‑quality advice, including checking calculations completed by more junior colleagues
• Building strong, trusted relationships with clients and colleagues across the business
• Supporting other areas of the firm, including post‑transaction activity, actuarial consulting, governance, propositions and new business
• Managing delivery against project plans, proactively escalating risks or issues where appropriate
• Delivering training sessions to clients
• Preparing client invoices in line with internal deadlines
• Ensuring accuracy, rigour and clear audit trails across all work
• Keeping up to date with relevant pensions legislation and market developments
• Working closely with the Post‑Transaction Team and wider business areas
• Adhering to information Security standards, policies and procedures

To enjoy and succeed in this role, you will have:

• Excellent interpersonal skills with the ability to build and maintain strong client relationships
• Strong organisational and communication skills, with a clear and confident style
• The ability to manage multiple, and sometimes competing, priorities effectively
• A proactive, hands‑on and collaborative approach, with a strong can‑do attitude

Qualifications and experience:

• A degree (ideally a 2:1 or above) in a numerate subject, or equivalent experience
• Strong progress through the Institute and Faculty of Actuaries examinations or be fully qualified
• Advanced Microsoft Excel skills and strong overall IT capabilityIdeally, previous experience in pensions risk transfer and/or DB pensions
• A good understanding of the UK pensions legislative framework

We would also encourage applications from candidates who perhaps do not possess all the attributes and experience listed above but are competent with the majority and would be able to quickly develop the additional skills and experience required in post with our full support. We would also love to hear about other knowledge and experience you may have that is not listed but could be of interest.

In addition to a competitive salary and access to a profit share scheme, they offer:

• A flexible selection of employee benefits, so you can choose a package that best matches your lifestyle and needs.
• A collaborative and encouraging work environment where your thinking and ideas are encouraged.
• On-site mental health and wellbeing assistance.
• A commitment to helping you develop both personally and professionally, with mentoring opportunities and access to our award-winning learning portal.
• Regular social activities, in addition to three days paid volunteering leave each year and a day’s leave to celebrate your birthday.
• Hybrid working so you can enjoy the positive wellbeing of working from home as well as the benefits of meeting colleagues in our sociable, modern office environments – with the expectation of two ‘in‑office’ days per week.
• A flexible working window, allowing colleagues the freedom to work flexibly between the hours of 7am and 7pm.

Required Skills

pension risk transfer actuarial analysis trustee advisory liability management