Defined Contribution Pensions Consultant in City of London

Base Location: London, Birmingham or Manchester, plus a national network of offices across the UK.

About KPMG: KPMG in the UK is part of a global network of firms offering Audit, Legal, Tax and Advisory services. Through the talent of over 16,000 colleagues, we bring creativity, insight and experience to help solve our clients’ and communities’ biggest challenges. We’ve been doing this for more than 150 years. We aim to be universally recognised as a place where great people do their best work. We are proud of our collaborative and inclusive culture, using technology to empower our people to deliver outstanding work with real flexibility – through inspiring workspaces, innovative collaboration tools and hybrid ways of working. With offices across the UK, we work with organisations ranging from small start-ups and individuals to major multinationals, across virtually every industry. Our work is often complex, yet our mission is simple: to support the UK in a connected world. Everything we do is underpinned by our values of Courage, Integrity, Excellence, Together and For Better.

The Role: KPMG’s Pensions Advisory business continues to build its Defined Contribution (DC) pensions capability and is looking to expand its team with individuals who bring diverse skill sets and perspectives. We are seeking a talented Consultant to join the Defined Contribution pensions team, working closely with colleagues to deliver high-quality advice to clients across a wide range of workplace pension arrangements.

Why Join KPMG as a Defined Contribution Pensions Consultant: As a consultant, you will play a key role in supporting client engagements, delivering technical analysis and contributing to project delivery across a broad range of DC pensions topics. You will work closely with senior colleagues while continuing to develop your technical capability and commercial awareness.

Key areas of focus (not exhaustive) include:

• Scheme strategy and structure across workplace pensions
• Member engagement and education
• Investment policy
• Governance, including the setup and operation of governance committees
• Wider benefit and reward strategy
• Financial coaching and wellbeing
• Statutory auto-enrolment compliance and implementation
• Compliance and regulatory adherence

What Will You Be Doing?

• Gaining a strong understanding of Defined Contribution pension schemes and the wider UK pensions landscape
• Analysing client data and information using agreed techniques and KPMG central models
• Producing technical work in line with professional standards and KPMG quality procedures
• Running checks to assess the reasonableness of assumptions and results using KPMG-developed tools
• Using outputs to generate initial draft reports, papers and client communications
• Supporting the team in the day-to-day running of client cases, including general administration and tracking procedures against timelines
• Supporting end-to-end tasks for client projects and ensuring delivery within agreed timeframes
• Developing specialist technical knowledge through on-the-job learning and formal training
• Maintaining regular, open and honest communication while working collaboratively with the team
• Supporting strong financial management, including timely billing and debt collection activities

What do you need?

• Technical knowledge: Demonstrates an understanding of relevant DC pension concepts, regulations and legislation; stays up to date with industry developments and applies KPMG methodologies
• Technology skills: Uses firm-approved tools and innovative technology solutions to improve quality, productivity and data insights
• Professional scepticism: Applies objectivity, independence and professional judgement to all work
• Documentation: Produces clear documentation and audit trails with a strong focus on quality and professional standards

• Embraces and embeds KPMG’s culture of high challenge, high support, grounded in our values
• Operates with a curious and sceptical mindset, applying this approach in everyday work
• Contributes to a coaching-led environment, where individuals feel empowered to speak up and challenge appropriately
• Acts professionally, ethically and in the public interest
• Is inclusive and collaborative, working effectively with teams across the firm
• Brings a sense of community, purpose and positivity to the team

• Experience working in Defined Contribution pensions, either within an employee benefits consultancy or another Big 4 firm (Essential)
• Basic knowledge of Defined Contribution pension schemes (Essential)
• Understanding of the wider UK pensions and benefits landscape (Desirable)
• Strong IT literacy, with experience using MS Excel, PowerPoint and Word (Essential)

• Excellent written and verbal communication skills, with the ability to explain complex matters clearly and concisely
• Effective stakeholder management and relationship-building skills; confident engaging with stakeholders at varying levels
• Strong organisational and time management skills, able to work in a fast-paced environment with competing priorities
• Self-driven and resilient, comfortable working under pressure
• Pragmatic problem solver, drawing on technical expertise to deliver high-quality solutions
• Strong analytical and numerical skills, with close attention to detail and accuracy
• Collaborative team player, working effectively towards shared goals

• Undergraduate degree with a mathematical, financial or analytical focus (Essential)

Our Locations: We are open to talk to talent across the country but our core hubs are: London Canary Wharf, Manchester, Birmingham. With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.