Pensions Advisory Consultant (DB Actuarial) 1

TN United Kingdom; Horley; On-site; GBP 40,000 - 80,000; Full time

Job description

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Pensions Advisory Consultant (DB Actuarial) 1, Horley

Client:

KPMG

Location:

Horley, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Reference:

d3e60f49dffb

Job Views:

9

Posted:

26.04.2025

Expiry Date:

10.06.2025

Job Description:

KPMG is expanding its Tax and Legal practice by enhancing support for clients' pensions obligations. Our pensions team collaborates with over 2,400 colleagues, delivering advice on pension-related matters in ongoing operations and transactions.

We seek experienced Consultants to join our pensions actuarial team, responsible for providing high-quality advice on defined benefit pension schemes in the private sector.

You will work closely with senior team members, delivering:

• Strategic planning and risk management aimed at self-sufficiency or buyout, including surplus use.
• Funding advice to sponsors and compliance with DB funding code.
• Pension due diligence for mergers and acquisitions.
• Member education and communication.
• Advice on benefit design, changes, and implementation.
• Governance and compliance advice.
• Pensions accounting guidance.

Description of the Role

• Understand defined benefit pension schemes and actuarial liability calculations.
• Understand pension accounting.
• Analyze client data using actuarial techniques and models.
• Produce technical actuarial work adhering to standards and quality procedures.
• Check reasonableness of assumptions and results with tools.
• Draft reports/emails based on outputs.
• Support case management and administrative tasks.
• Ensure timely project delivery.
• Develop technical expertise.
• Maintain open communication within the team.
• Manage financial aspects like billing and debt collection.

Core Competencies

• Technical Knowledge: Understands actuarial, accounting, financial reporting standards, pension regulations, and literature; stays current and leverages methodologies.
• Technology Skills: Uses approved tools and innovative solutions to improve quality and productivity.
• Professional Skepticism: Applies objectivity and independence in work.
• Documentation: Maintains thorough documentation and audit trails in line with standards.

People & Culture

• Embed a culture of high challenge and support based on values.
• Maintain a curious and skeptical mindset.
• Lead and foster a coaching environment.
• Act professionally and in the public interest.
• Be inclusive, collaborative, and community-focused.

Experience & Knowledge

• Experience in pensions actuarial work, preferably in a consultancy or Big 4.
• Basic knowledge of pension valuations and actuarial techniques.
• Understanding of the UK pensions landscape.
• Proficiency in MS Office tools.

Skills & Attributes

• Excellent communication skills.
• Stakeholder management and relationship skills.
• Strong organization and time management.
• Resilience and self-motivation.
• Problem-solving with technical expertise.
• Analytical and numerical proficiency.
• Teamwork and collaboration skills.

Qualifications

• Degree in a mathematical or financial field.
• Part-qualified actuary with some FIA exams or equivalent.