Consulting Actuary, Pensions

Gallagher; Ipswich; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading actuarial consulting firm in Ipswich is seeking individuals with a degree in numerical fields and experience in pensions actuarial work. You will manage client portfolios, prepare valuations, and supervise disclosures, all within a supportive and flexible environment aimed at career growth. The role offers comprehensive benefits and flexible working arrangements.

Benefits

Minimum 25 days holiday

Defined contribution pension scheme

Life insurance covering 4× salary

Income protection

Health cash plan

Paid volunteering days

Employee stock purchase plan

Discounted gym membership

Qualifications

• Experience in the pensions actuarial sector is vital.
• Ability to handle valuations and cost estimates.
• Strong communication skills for client interactions.

Responsibilities

• Lead a portfolio of clients as a client manager.
• Prepare valuations and cost estimates.
• Supervise accounting disclosures and data collection.

Skills

Numerical analysis

Actuarial exams progress

Client management

Education

Degree in numerical or mathematics fields

Job description

Overview

As a result of a period of sustained growth and success, and a whole host of award wins, we are looking to expand our actuarial consulting and analyst teams in our London, Manchester, Edinburgh and Ipswich offices. Experienced in the UK Defined Benefit / Final Salary Pension field? Join our team and enjoy an encouraging and collaborative environment, with ample opportunities for career growth and diverse client projects. We provide support for achieving a fully‑qualified Actuary status. If you are not interested in pursuing additional exams, that is not a prerequisite. We offer mentorship and resources to help you acquire a Scheme Actuary certificate. You will take an active role in leading a portfolio of clients and serving as a client manager for some of them. We are open to any flexible working and part‑time working requests, and will be as accommodating as possible on these points.

Responsibilities

• Handling the preparation of valuations and cost estimates
• Undertaking and supervising accounting disclosures (FRS17, IAS19 and USGAAP)
• Coordinating data collection, including editing and testing data received from clients
• Undertaking and checking all aspects of actuarial work associated with pension schemes
• Preparing letters, reports and other client materials
• Checking day‑to‑day individual calculations as requested
• Participating in Buck internal projects, handling special projects or assignments as needed
• Assisting scheme consultants with the consultancy aspects of pension schemes, including attending client/trustee meetings as required
• Providing leadership, feedback and training to actuarial analysts

Qualifications

We are excited to connect with hard‑working individuals who hold a degree in numerical or mathematics fields and are making strides in their actuarial exams. If you bring substantial experience in the pensions actuarial sector and are ready to contribute your expertise in a dynamic and exciting environment, we encourage you to reach out. Join us and advance your actuarial career to new heights.

Benefits

• Minimum of 25 days holiday, plus bank holidays, and the option to buy extra days
• Defined contribution pension scheme, with contributions from Gallagher
• Life insurance paying 4× basic annual salary, top‑up to 10× available
• Income protection covering up to 50% of annual income, with top‑up options
• Health cash plan or private medical insurance
• Three fully paid volunteering days per year
• Employee Stock Purchase plan (discounted shares)
• Share incentive plan, HMRC‑approved and tax‑effective
• Critical illness cover
• Discounted gym membership (over 3,000 gyms nationally)
• Season ticket loan
• Discounted voucher portal for weekly shop or purchases
• Emergency back‑up family care
• And many more…