Pensions Advisory Consultant (DB Actuarial) 1

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

Job summary

An established industry player is seeking talented Pensions Advisory Consultants to join their actuarial team in Liverpool. This role focuses on providing high-quality actuarial advice on defined benefit pension schemes, including strategic planning, funding advice, and compliance guidance. You will work closely with senior team members, ensuring effective communication and project management. The ideal candidate will have a strong background in pensions actuarial work, excellent analytical skills, and the ability to clarify complex topics. Join a collaborative environment where your contributions will significantly impact clients' pension obligations.

Qualifications

• Experience in pensions actuarial work in consultancy or Big 4.
• Basic knowledge of scheme valuations and actuarial techniques.

Responsibilities

• Deliver high-quality actuarial advice on defined benefit pension schemes.
• Manage client projects end-to-end within deadlines.
• Analyze client data with actuarial techniques and models.

Skills

Pensions Actuarial Work

Stakeholder Management

Analytical Skills

Communication Skills

Problem Solving

Education

Undergraduate Degree in Mathematics or Finance

Part-qualified Actuary

Tools

MS Office (Excel, PowerPoint, Word)

Job description

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Pensions Advisory Consultant (DB Actuarial) 1, Liverpool

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Client:

KPMG

Location:

Liverpool, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

425eff5ef92e

Job Views:

8

Posted:

26.04.2025

Expiry Date:

10.06.2025

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Job Description:

KPMG is enhancing its Tax and Legal practice by expanding our ability to offer support to our clients in connection to their pensions obligations. Our pensions team works alongside over 2,400 Tax and Legal colleagues, and the new roles we are adding will focus on delivering advice related to pension provision and other pensions issues involving ongoing operations and transactions.

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

You will work closely with senior team members, providing:

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

Description of the Role

• Understand defined benefit pension schemes and actuarial liability calculations.
• Understand pension accounting.
• Analyze client data with actuarial techniques and models.
• Produce technical actuarial work adhering to standards and quality procedures.
• Check reasonableness of assumptions and results using developed tools.
• Generate draft reports/emails from outputs.
• Support daily case management, including administration and tracking.
• Manage client projects end-to-end within deadlines.
• Develop technical knowledge.
• Maintain open communication within the team.
• Ensure timely billing and debt collection.

Technical Core Competencies

The relevant competencies are:

• Technical knowledge: Knowledge of technical actuarial, accounting, financial reporting standards, pension regulations, and literature. Stay current with industry knowledge and leverage KPMG methodologies.
• Technology skills: Use firm-approved tools and innovative tech solutions to improve quality and insights.
• Professional scepticism: Apply objectivity and independence in actuarial and accounting work.
• Documentation: Complete thorough documentation and audit trails, aligned with standards.

People & Culture

• Embed our culture of high challenge and support based on Our Values.
• Maintain a sceptical mindset in your work.
• Lead and foster a coaching culture to empower others.
• Act with accountability, professionalism, and in the public interest.
• Be inclusive, collaborative, and foster a sense of community and purpose.

Experience and Knowledge Requirements

• Experience in pensions actuarial work in a consultancy or Big 4 firm (D).
• Basic knowledge of scheme valuations, roll-forward methods, and actuarial techniques (D).
• Understanding of the UK pensions landscape (D).
• Proficiency in MS Office tools (Excel, PowerPoint, Word) (E).

Behavioural Attributes and Skills

• Excellent communication skills, able to clarify complex topics.
• Effective stakeholder management and relationship skills.
• Strong organizational skills and ability to work under pressure.
• Resilient and self-driven.
• Pragmatic problem solver with technical expertise.
• Strong analytical and numerical skills, with attention to detail.
• Collaborative team player.

Qualifications

• Undergraduate degree in a mathematical or financial field (E).
• Part-qualified actuary with some FIA exams passed (D).