Pensions Advisory Consultant (DB Actuarial) 1

TN United Kingdom; Leeds; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a talented Pensions Advisory Consultant to join its actuarial team in Leeds. In this role, you will provide high-quality actuarial advice on defined benefit pension schemes, working closely with senior members to deliver strategic planning, funding advice, and governance compliance. This position offers the opportunity to collaborate with a diverse team while developing your technical expertise in a supportive environment. If you have a passion for pensions and a drive for excellence, this could be the perfect opportunity for you to thrive and make a significant impact.

Qualifications

• Experience in pensions actuarial work, preferably in consultancy.
• Understanding of pension regulations and financial reporting standards.

Responsibilities

• Deliver high-quality actuarial advice for defined benefit pension schemes.
• Provide funding advice and ensure compliance with DB funding code.
• Conduct pension due diligence for mergers and acquisitions.

Skills

Actuarial Knowledge

Pension Accounting

Data Analysis

Communication Skills

Stakeholder Management

Problem Solving

Time Management

Education

Degree in Mathematics or Finance

Part-qualified Actuary

Tools

MS Office

Job description

Social network you want to login/join with:

Pensions Advisory Consultant (DB Actuarial) 1, Leeds

col-narrow-left

Client:

KPMG

Location:

Leeds, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

018709f80b3b

Job Views:

9

Posted:

24.04.2025

Expiry Date:

08.06.2025

col-wide

Job Description:

KPMG is expanding its Tax and Legal practice to better support clients with their pension obligations. Our pensions team collaborates with over 2,400 colleagues across Tax and Legal, and we are adding new roles focused on delivering advice related to pension provision and other pension issues in ongoing operations and transactions.

We are seeking a talented and experienced Consultant to join our pensions actuarial team. You will deliver high-quality actuarial advice concerning defined benefit pension schemes in the private sector.

Your responsibilities will include working closely with senior team members to provide:

• Strategic planning and risk management for 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 changes, design, and implementation.
• Governance and compliance advice.
• Pensions accounting advice.

Role Description

• Understanding of defined benefit pension schemes and actuarial liability calculations.
• Knowledge of pension accounting.
• Analyzing client data using actuarial techniques and models.
• Producing technical actuarial work aligned with standards and quality procedures.
• Assessing reasonableness of assumptions and results using internal tools.
• Drafting reports and emails from outputs.
• Supporting case management and administrative tasks.
• Ensuring timely delivery of client projects.
• Developing technical expertise.
• Maintaining effective communication within the team.
• Financial management including billing and debt collection.

Core Technical Competencies

• Technical Knowledge: Understanding of actuarial, accounting, and financial reporting standards, pension regulations, and current industry literature.
• Technology Skills: Using approved tools and innovative solutions to improve quality and insights.
• Professional Skepticism: Applying objectivity and independence in work.
• Documentation: Maintaining comprehensive records in line with standards.

People & Culture

• Embrace a culture of high challenge and support, aligned with company values.
• Maintain a curious and skeptical mindset.
• Lead and foster a coaching environment.
• Act professionally and in the public interest.
• Be inclusive and collaborative across teams, fostering community and purpose.

Experience & Knowledge

• Experience in pensions actuarial work, preferably within a consultancy or Big 4 firm.
• Basic knowledge of pension valuations, methodologies, and UK pension landscape.
• Proficiency with MS Office tools.

Behavioral Attributes & Skills

• Excellent communication skills, able to clarify complex matters.
• Strong stakeholder management skills.
• Effective organization and time management.
• Resilient and self-driven.
• Problem-solving capability with sound judgment.
• Strong analytical and numerical skills.
• Collaborative team player.

Qualifications

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