Consulting Actuary | LGPS

Barnett Waddingham; West of England; On-site; GBP 75,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus

Life assurance 4x salary

Income protection 75% for up to 5 yrs

Private medical insurance

Pension: 5% employee / 10% employer

25 days' annual leave (27 after 5 yrs)

Howden flexible benefits

Global career development

Job summary

Barnett Waddingham is seeking a qualified actuary (or close to qualifying) to advance a consulting career in LGPS. You will work towards becoming a Fund Actuary while building a portfolio across LGPS clients.

The role offers exposure to funding strategy, employer risk, governance, and regulatory projects, with opportunities to take on team leadership and support senior actuaries in setting priorities.

Qualifications

• Fellowship FIA/FAA or equivalent is required.
• Experience leading a team and delivering client projects.
• DB Pension experience is essential.
• Strong communication and governance skills.

Responsibilities

• Serve as a key client contact for LGPS funds and employers.
• Support Partners in managing client relationships and tender processes.
• Lead client meetings, discuss findings and identify opportunities.
• Review client reports for clarity and consistency with LGPS regulations.
• Apply actuarial techniques to assess risk in pensions.
• Peer-review colleagues’ work to ensure accuracy.
• Coordinate workload and maintain delivery standards within the team.
• Stay updated on pensions developments and share insights with clients.
• Contribute to the delivery of high-quality work within agreed timescales.

Skills

Leadership

People management

Project management

Time management

Communication

Networking

IT skills

Actuarial techniques

Education

Fellowship FIA/FAA

Tools

Microsoft Office

Job description

This role is aimed at qualified actuaries (or those close to qualifying) with experience in the Local Government Pension Scheme (LGPS) who are keen to further develop their consulting career. You will work towards becoming a Fund Actuary while building your own portfolio across LGPS clients. There is also scope to take on Team Leader responsibilities, supporting delivery, governance activity and working with Senior Actuaries to set priorities.

You will join a growing team with strong demand for LGPS actuarial and governance work, including new regulatory driven projects. The role offers broad exposure, from funding strategy, employer risk and asset pooling through to governance support, employer transitions and statutory reporting. Strong organisational skills and the ability to work collaboratively across a busy client portfolio will be key.

• Client consulting, acting as a key contact for a range of clients, including LGPS funds and employers
• Supporting Partners in managing client relationships, helping to identify and resolve issues as they arise
• Attending client meetings, contributing to discussions and identifying opportunities to support clients
• Reviewing draft client reports and advice, ensuring clarity and consistency
• Applying actuarial techniques and principles to assess risk and uncertainty in pensions
• Checking work of other team members, ensuring accuracy and compliance with LGPS regulations
• Assisting with new business opportunities, including supporting tenders and pitch processes
• Supporting team management activities, helping to coordinate workload and maintain delivery standards
• Maintaining an understanding of current pensions developments and sharing relevant insights with clients
• Contributing to the delivery of high-quality client work within agreed timescales
• Supporting corporate accounting work and identifying opportunities to provide additional services where appropriate
• Peer reviewing colleagues' work where appropriate
• Fellowship Actuarial Qualifications FIA / FAA or equivalent
• DB Pension experience is essential
• Demonstrated experience leading a team and excellent people management skills
• Good IT skills
• Project management and time management skills
• Excellent communication skills and good networking skills
• Ability to take forward new ideas
• Competitive discretionary annual bonus.
• Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover.
• A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
• 25 days' annual leave, increasing to 27 days after five years' service.
• Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle.
• The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.

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