Associate Risk Transfer Consultant in London

As an Associate Risk Transfer Consultant, you’ll play a key role in helping clients manage and reduce pension risk by supporting transactions that transfer liabilities to the insurance market. Your work will focus primarily on UK defined benefit pension schemes, partnering with both Trustee Boards and Sponsoring Employers to deliver thoughtful, high-quality advice at critical decision points.

You’ll join our high-performing Risk Transfer Team at Hymans, working on a wide range of projects in a growing and dynamic specialism. The role offers genuine variety, strong collaboration across disciplines, and excellent opportunities to build expertise and shape a career path aligned to your interests and strengths. While we’re keen to hear from candidates with relevant experience, we’re equally open to enthusiastic individuals who are motivated to develop their career in pension risk transfer and grow with the team. As part of our wider actuarial consultancy, there’s also scope to remain involved in ongoing trustee and corporate actuarial work, should you wish. We are open to considering candidates on a part time or full-time basis.

What will your role look like?

• You’ll support the delivery of multiple risk transfer projects, working closely with colleagues and clients to ensure advice is clear, robust and well-managed.
• Acting as a key point of contact, you’ll help coordinate work across teams, contribute to high-quality client outputs, and play an active role in building trusted relationships.
• Day-to-day, you’ll balance technical work with project management, collaboration and client engagement — developing both your technical expertise and broader consultancy skills along the way.

Although this is a varied role, your key tasks will include:

• Supporting multiple risk transfer projects, acting as a key internal and external contact
• Collaborating with the team to prepare high-quality advice, including checking calculations completed by more junior colleagues
• Building strong, trusted relationships with clients and colleagues across the business
• Supporting other areas of the firm, including post-transaction activity, actuarial consulting, governance, propositions and new business
• Managing delivery against project plans, proactively escalating risks or issues where appropriate
• Delivering training sessions to clients
• Preparing client invoices in line with internal deadlines
• Ensuring accuracy, rigour and clear audit trails across all work
• Keeping up to date with relevant pensions legislation and market developments
• Working closely with the Post-Transaction Team and wider business areas
• Adhering to Hymans’ Information Security standards, policies and procedures

Qualifications and experience

• A degree (ideally a 2:1 or above) in a numerate subject, or equivalent experience
• Strong progress through the Institute and Faculty of Actuaries examinations
• Advanced Microsoft Excel skills and strong overall IT capability
• Ideally, previous experience in pensions risk transfer and/or DB pensions
• A good understanding of the UK pensions legislative framework

We would also encourage applications from candidates who perhaps do not possess all the attributes and experience listed above but are competent with the majority and would be able to quickly develop the additional skills and experience required in post with our full support. We would also love to hear about other knowledge and experience you may have that is not listed but could be of interest.

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 that 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. Find out more about our careers here. 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 Offer

• Our culture: We live and breathe our four values – friendly, confident, partnering and straightforward – and genuinely care about our people, clients, community and the environment.
• Job satisfaction: 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.
• Reward and wellbeing: 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.
• Flexible working: We trust our people to work in a pattern that suits their circumstances with a healthy balance of home and office working.
• Latest technology: 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.
• Career development: There is no linear path – learning opportunities are plentiful and empower you to carve out your own career.