At a Glance
- Tasks: Support clients by preparing valuations, coordinating data, and assisting with pension scheme consultancy.
- Company: Join Gallagher Benefit Services, a leader in creating thriving workplace environments.
- Benefits: Enjoy 25+ days holiday, life insurance, health plans, and flexible working options.
- Other info: Inclusive culture with mentorship and diverse client projects for career growth.
- Why this job: Make a real impact in the pensions sector while advancing your actuarial career.
- Qualifications: Degree in numerical fields and experience in pensions actuarial work preferred.
The predicted salary is between 28800 - 48000 £ per year.
IntroductionAt Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher. OverviewAs a result of a period of sustained growth and success, and 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\'s 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! How you\'ll make an impactTo summarise the role, you will be working within an established team of qualified and part qualified actuaries; acting as an actuarial assistant for portfolio of clients. This will include:Handling the preparation of valuations and cost estimatesUndertaking and supervising accounting disclosures (FRS17, IAS19 and USGAAP)Coordinating data collection including editing and testing data received from clientsUndertaking and checking all aspects of actuarial work associated with pension schemesPreparing letters, reports and other client materialsChecking day to day individual calculations as requestedParticipating in Buck internal projects, handling special projects or assignments as neededAssisting scheme consultants with the consultancy aspects of pension schemes; inc. attending client/trustee meetings as requiredProviding leadership, feedback and training to actuarial analysts About YouWe 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. #LI-TM2 Compensation and benefitsOn top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra daysDefined contribution pension scheme, which Gallagher will also contribute toLife insurance, which will pay 4x your basic annual salary, which you can top-up to 10xIncome protection, we’ll cover up to 50% of your annual income, with options to top upHealth cash plan or Private medical insuranceOther benefits include:Three fully paid volunteering days per yearEmployee Stock Purchase plan, offering company shares at a discountShare incentive plan, HMRC approved, tax effective, stock purchase planCritical illness coverDiscounted gym membership, with over 3,000 gyms nationallySeason ticket loanAccess to a discounted voucher portal to save money on your weekly shop or next big purchaseEmergency back-up family careAnd many more…We value inclusion and diversityInclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch. Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Pension Actuarial Analyst in Manchester employer: Gallagher Benefit Services
Gallagher Benefit Services is an exceptional employer that fosters a collaborative and inclusive work culture, offering extensive career growth opportunities for Pension Actuarial Analysts. With a commitment to employee well-being, the company provides a competitive benefits package, including generous holiday allowances, health plans, and support for professional development, all within vibrant offices located in major UK cities like London and Manchester. Join us to make a meaningful impact while enjoying a supportive environment that values diversity and encourages personal and professional advancement.
Contact Details:
Gallagher Benefit Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pension Actuarial Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions actuarial field and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Gallagher Benefit Services thoroughly. Understand their values, recent projects, and how they support their employees. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your problem-solving skills! As an actuarial analyst, you'll need to demonstrate your analytical abilities. Work through some sample actuarial problems or case studies to get comfortable discussing your thought process during interviews.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets noticed. Plus, it shows you're serious about joining Gallagher and ready to make an impact in the pensions sector.
We think you need these skills to ace Pension Actuarial Analyst in Manchester
Actuarial Skills
Valuation Preparation
Cost Estimation
Accounting Disclosures (FRS17, IAS19, USGAAP)
Data Collection Coordination
Data Editing and Testing
Pension Scheme Knowledge
Report Preparation
Client Management
Leadership Skills
Training and Mentoring
Numerical Analysis
Communication Skills
Problem-Solving Skills
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Pension Actuarial Analyst role. Highlight your experience in the UK Defined Benefit/Final Salary Pension field and any relevant actuarial exams you've completed.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for the role and how you can contribute to our team. Mention specific projects or experiences that demonstrate your expertise in actuarial work.
Showcase Your Team Spirit:We love collaboration at Gallagher! In your application, share examples of how you've worked effectively in teams or led projects. This will show us you're a great fit for our encouraging and collaborative environment.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Gallagher Benefit Services
✨Know Your Numbers
As a Pension Actuarial Analyst, you'll be dealing with complex numerical data. Brush up on your understanding of UK Defined Benefit/Final Salary Pension schemes and be ready to discuss specific calculations or valuations you've worked on. This shows your expertise and confidence in the field.
✨Showcase Your Soft Skills
While technical skills are crucial, don't forget to highlight your soft skills too! Be prepared to discuss how you've effectively communicated with clients or collaborated with team members. Gallagher values teamwork and client management, so demonstrating your interpersonal skills can set you apart.
✨Prepare Questions
Interviews are a two-way street! Prepare thoughtful questions about Gallagher's approach to actuarial consulting, their mentorship programmes, or how they support career growth. This not only shows your interest in the role but also helps you assess if the company is the right fit for you.
✨Embrace Flexibility
Gallagher is open to flexible working arrangements, so be ready to discuss your preferences. Whether you're looking for part-time work or specific hours, being upfront about your needs can help establish a good rapport and show that you're proactive about finding a balance.