Pensions Data Services Graduate Programme - September 2027

LCP; Greater London; On-site; GBP 28,000 - 38,000; Full time

Benefits offered by this job

Study support for professional quals

26 days annual leave plus bank hols

Competitive pension scheme

Private medical insurance

Life assurance

Income protection

Digital GP services

High street discounts

Wellbeing networks

Job summary

LCP is an award-winning actuarial and analytics consultancy offering advisory services across pensions, insurance and investments. This entry-level role blends data-driven analysis with client-facing consultancy, involving data readiness, model-building, and producing client-facing reports.

You will join project teams of analysts to partners, with a tailored graduate training program over three years and extensive professional qualification support.

Qualifications

• A Level Maths A Grade.
• Degree educated (minimum 2:1) or currently studying for a degree and on track to achieve a 2:1, in any subject
• Problem solving, numeracy and analytical skills
• Excellent communication skills

Responsibilities

• Data readiness assessment for endgame strategy, including buy-in, buy-out and member option exercises
• Undertaking data cleanse projects for schemes, including benefit tranching and legacy scheme reconstruction
• Large-scale benefit rectification projects e.g. Barber window extension, GMP rectification, GMP equalisation
• Building and using complex pensions models to analyse data and perform calculations at both individual and scheme level
• Using LCP's in-house software to model rectification of pension scheme benefits and produce analysis for client reports
• Drafting advice, letters and reports for client
• Attending internal and client meetings
• Supporting pension schemes with data readiness and cleansing activities, helping them ensure their data is accurate and aligned with strategic needs
• Supporting communications with clients and their advisers as part of wide-ranging projects
• Data analysis and checks relating to pension risk transfer and post-transaction administration
• Preparing figures and analysing the impact of rectifications on pension schemes

Skills

Problem solving

Numeracy

Analytical skills

Communication skills

Education

Degree (2:1)

Job description

LCP is an award-winning actuarial and analytics consultancy providing advice on pensions, insurance, investments, energy, employee benefits and health. We fuse human expertise with powerful analytics to shape a more positive future for our clients and people.

The Opportunity

Dive into the world of LCP, where your journey in actuarial consulting isn't just about crunching numbers, instead striking an exciting balance between technical work and consulting. You will be using data and complex models to explore vast financial landscapes, advising industry giants, and making a tangible difference to the lives of millions of pension scheme members.

Your Role

This is a consulting-based role with a technical focus which will involve a broad mixture of client and non-client work. Upon joining LCP you will join several project teams of varying sizes, each made up of people from analyst to partner level, working for a range of types of client. The type of work you can expect to be involved in as an analyst in the role include:

• Data readiness assessment for endgame strategy, including buy-in, buy-out and member option exercises
• Undertaking data cleanse projects for schemes, including benefit tranching and legacy scheme reconstruction. Many of these projects are fast-paced and high-profile, providing an opportunity to work at the centre of a scheme's strategic decision-making.
• Large-scale benefit rectification projects e.g. Barber window extension, GMP rectification, GMP equalisation
• Building and using complex pensions models to analyse data and perform calculations at both individual and scheme level
• Using LCP's in-house software to model rectification of pension scheme benefits and produce analysis for client reports
• Drafting advice, letters and reports for client
• Attending internal and client meetings
• Supporting pension schemes with data readiness and cleansing activities, helping them ensure their data is accurate and aligned with strategic needs
• Supporting communications with clients and their advisers as part of wide-ranging projects
• Data analysis and checks relating to pension risk transfer and post-transaction administration
• Preparing figures and analysing the impact of rectifications on pension schemes

Professional Development

We encourage continuous learning through professional qualifications and personal development training. Over your first three years we provide a tailored graduate training programme to build on your technical abilities and soft skills. You'll also be working alongside leading professionals in the sector and learning from their experiences.

What We're Looking For

• A Level Maths A Grade
• Degree educated (minimum 2:1) or currently studying for a degree and on track to achieve a 2:1, in any subject
• Problem solving, numeracy and analytical skills
• Excellent communication skills

What's in it for you?

Take a look at our Glassdoor page and our Career stories to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. At LCP, we believe in a mutual commitment - we invest in you through exceptional support, training and benefits, and in return, we value individuals who bring skills, dedication, and a community-focused mindset.

Currently our core benefits package includes:

• Study support for professional qualifications
• 26 days annual leave plus bank holidays, with flexible options
• Competitive pension scheme
• Private medical insurance, life assurance, income protection, and digital GP services
• High street discounts and discounted gym memberships
• Access to Wellbeing, LGBTQ+, Multicultural, and Women's networks

Accessibility

LCP is committed to making our opportunities accessible to all. If you would like to talk to someone about any adjustments you may need to assist with your application process, please contact our Early Careers recruitment team by emailing [email protected] to arrange a confidential conversation.