Associate Actuarial Consultant

We have an exciting opportunity for an Associate Actuarial Consultant to join our Business Unit. You’ll help pension scheme clients make better decisions, tackle complex actuarial problems, and deliver positive outcomes—either through traditional scheme actuary and risk transfer work, or by guiding schemes through their post‑transaction journey. We welcome applications from people who may not meet every single requirement but can demonstrate most of them and the ability to grow quickly with our support.

What will your role look like? You’ll be a trusted adviser to trustees and sponsors, shaping end‑game strategies and guiding schemes through key transactions. Day to day, you’ll blend rigorous actuarial analysis with clear, practical client advice. You’ll collaborate across disciplines (administration, legal, investment) to keep complex projects on track, and you’ll contribute to client presentations, thought leadership and proposals that build enduring relationships.

• Advising trustees and sponsors on end‑game strategies (buy‑in/buy‑out), journey planning and de‑risking options.
• Participating in pricing analysis and market engagement with insurers; preparing robust deal materials and supporting broking.
• Performing liability valuations, setting assumptions and undertaking sensitivity testing; validating and cleansing data to transaction‑ready standards.
• Coordinating multidisciplinary project teams to deliver timely, well‑governed outcomes with crisp milestones, risk logs and proactive stakeholder management.
• Contributing to client presentations, thought leadership and proposals; nurturing strong client relationships.
• Advising on strategic and technical aspects related to wind‑ups (e.g., comparing scheme factors to insurer factors, conducting winding‑up lump sum exercises, informing funding reserves and producing surplus balance sheets).
• Liaising with insurers, administrators and other stakeholders; ensuring trustee governance, documentation and communications are clear and compliant.

To enjoy and succeed in this role, you will have:

• Progress towards (or completion of) IFoA exams (or equivalent), with solid pensions actuarial experience.
• Strong analytical skills and a sound grounding in actuarial and computer techniques (Excel essential; experience with modelling/tools welcome).
• Clear, confident communication—able to translate technical findings into practical client advice.
• An organised, proactive approach, comfortable managing multiple projects and deadlines.

In addition to a competitive salary and access to our profit share scheme, we offer:

• A flexible selection of employee benefits, so you can choose a package that best matches your lifestyle and needs.
• A collaborative and encouraging work environment where your thinking and ideas are encouraged.
• On site mental health and wellbeing assistance.
• A commitment to helping you develop both personally and professionally, with mentoring opportunities and access to our award‑winning learning portal, Aspire.
• Regular social activities, in addition to three days paid volunteering leave each year and a day’s leave to celebrate your birthday.
• Hybrid working so you can enjoy the positive wellbeing of working from home as well as the benefits of meeting colleagues in our sociable, modern office environments – with the expectation of two ‘in‑office’ days per week.
• A flexible working window, allowing colleagues the freedom to work flexibly between the hours of 7am and 7pm.

Please note, we recruit on a rolling basis so early applications are recommended to avoid disappointment.

Together, we’ve been building better futures for over 100 years. For our people, our clients and their people, our communities and the environment. We thrive on tackling complex problems. And we believe those problems are best solved by diverse teams – diverse in skills, approaches and backgrounds. Our independence lets our people be themselves and think freely, while working in a collaborative, supportive environment. We love innovative, independent thinking and want everyone to share their ideas.

Working alongside employers, trustees and financial services institutions, we offer pensions, investments, benefits and risk consulting services, as well as data and technology solutions. With over 1000 employees and counting, we’re one of the leading consultancies in our field and are proud to be recognised by numerous industry awards. We’re committed to developing our people and encourage everyone to carve out their own career path. We’ve many colleagues who started out in one team in the business and have ended up somewhere completely different, having had the chance to develop new skills and explore new passions.

We are continually working to improve our inclusive culture and employ diverse talent. We therefore welcome applications from people from all backgrounds, which includes but isn’t limited to: age, disability, ethnic heritage, gender, marital or civil partnership status, neurodiversity, religion, sexual orientation, and socio‑economic background.

Our hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment – meaning flexible working patterns to accommodate individual needs.

If you need any assistance in relation to a personal requirement, medical condition or neurological difference during our selection process then please let us know. Together, we can make this the best job you’ll ever have.

We live and breathe our four values – friendly, confident, partnering and straightforward – and genuinely care about our people, clients, community and the environment. Every employee can genuinely make a difference and contribute towards achieving our purpose – together, building better futures. Whether that’s helping our clients build more secure financial futures, using your 3 days volunteering or helping us reduce our carbon footprint. We offer competitive salaries, a share of company profits and an award‑winning benefits package. We also take your mental, physical, social and financial wellbeing seriously, both in and outside of work. We trust our people to work in a pattern that suits their circumstances with a healthy balance of home and office working. We use the most up‑to‑date technology and software to match our ground‑breaking business solutions that make life easier for us and our clients. There is no linear path – learning opportunities are plentiful and empower you to carve out your own career.