Graduate Actuarial Analyst, Pension Schemes

3 days ago Be among the first 25 applicants

Introduction

Discover a world of endless possibilities at Gallagher Benefit Services, where you\'ll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

Here at Gallagher Benefit Services, following a period of sustained growth and success which includes the acquisitions of Buck in 2024 and Redington in 2025 and numerous award wins, we are looking to continue this growth by making a number of graduate hires into our Pensions Actuarial Consulting team. We are recruiting for our teams in offices centrally located in Manchester, Edinburgh and Ipswich and for roles to begin in September 2026. Please note; due to unprecedented interest, the option to submit an application for our London-based positions is currently closed whilst we review those applications already received. Applicants are requested to indicate the office(s) they are looking to be considered for on their CV when finalising their submissions.

How You\'ll Make An Impact

To give you a flavour of a typical week within this role, here are some of the key responsibilities:

• Working within a diverse team of qualified and part qualified actuaries to support our pension scheme clients
• Performing day-to-day member calculations
• Preparing reports, letters, and other client materials
• Assessing the funding level of schemes by performing valuations of liabilities and assets
• Analysing and testing data received from clients
• Participating in internal projects, handling special projects and ad hoc assignments as needed
• Assisting scheme consultants with the consultancy aspects of pension schemes
• Establishing strong working relationships with clients and colleagues, with early access to clients through preparing for and attending client meetings
• Building up consulting knowledge on actuarial and non-actuarial aspects of pension scheme

The longer-term objective of this role is for you to progress towards qualifying as an Actuary, eventually obtaining a Scheme Actuary certificate - which we fully support - and holding responsibility for managing a portfolio of clients.

About You

We’re looking for self-motivated, personable, and aspiring individuals studying a STEM (Science, Technology, Engineering or Maths) degree subject who have acquired or are on course to obtain a 1st or 2:1 classification. An A grade at A Level or Scottish Advanced Highers in Mathematics is also required for an application to be considered. In return, we’ll deliver to you an outstanding training and exam support programme, as well as the opportunity to forge a career within a well-regarded, long-established and highly successful organisation operating in the UK Pensions and Benefit consulting world (even if we do say so ourselves!).

Why join Gallagher?

• Your career is our motivation - working as part of small but highly collaborative teams, you get a level of responsibility and client exposure rarely experienced working for some of our competitors. We pride ourselves on providing excellent support at all levels to support your ambitions and drive your career development goals.
• Our dedication involves competitive benefits, diversity & inclusion, and a collaborative work environment.
• Diversity of clients - we work with leading UK and international corporations, across a variety of sectors and industries, where no two clients are the same!
• We are client-focussed - we stand out from our competitors by offering bespoke and tailored solutions to our clients, not a one size fits all solution.
• Gain valuable client interaction early in your career - we prioritize providing direct client exposure at the start of your professional journey. This position allows you to build client relationships and develop a comprehensive understanding of your clients’ long-term goals.

Unfortunately, these roles cannot be offered as fully remote positions and we cannot provide any Visa sponsorship at this time; therefore, we cannot consider applicants on Student, Dependant or Graduate Visas.

Compensation And Benefits

On 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 days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion 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, 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 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.

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Finance and Sales
• Industries
• Insurance

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