Defined Contribution Actuary Manager -108448

Defined Contribution Actuary Manager -108448

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
K

At a Glance

  • Tasks: Lead and manage defined contribution pension projects while mentoring junior staff.
  • Company: Join KPMG, a top consultancy with a strong reputation and diverse opportunities.
  • Benefits: Flexible working options, competitive salary, and professional development support.
  • Other info: Dynamic work environment with potential for career growth across 20 UK offices.
  • Why this job: Make a real impact in pensions advisory and develop your leadership skills.
  • Qualifications: Experience in pensions advisory and strong stakeholder management skills required.

The predicted salary is between 60000 - 80000 £ per year.

KPMG is one of the world's largest and most respected consultancy businesses. We have supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We have proudly stood beside the institutions and businesses which make the UK what it is. KPMG’s Pensions Advisory business continues to build out its new pensions team and requires individuals that can bring different skill sets to the team.

We are looking for a talented and experienced Manager to join our team, who will be responsible for working closely with colleagues in defined contribution pensions. Specific areas of focus, but not exhaustive, will include:

  • Scheme strategy and structure across workplace pensions
  • Member engagement and education
  • Investment policy
  • Governance, including setting up governance committees
  • Wider benefit and reward strategy
  • Financial coaching and well-being
  • Statutory auto-enrolment compliance and implementation
  • Compliance
  • Thought leadership on future of DC and links to wider reward

You will be a lead contact with client teams, with responsibility for managing the day-to-day relationships. You will also work closely with our tax and legal specialists across all of KPMG's UK offices to consider areas of adjacencies and growth. As a manager, you will be responsible for supervising the work of junior staff, providing coaching and development to assist them in the effective delivery of engagements. You will also have performance management responsibilities for a small number of employees.

What will you be doing?

  • Helping to develop junior colleagues, including delivering technical training, improving technical knowledge, and developing consulting skills.
  • Lead contact with clients on key pensions engagements, with overall responsibility for stakeholder relationships.
  • Contributing to developing streamlined and efficient procedures, whilst maintaining an absolute focus on quality.
  • Strong financial management, setting and agreeing budgets for work, delivering to budgets and timely billing and debt collection.
  • Signing off technical DC work in line with professional standards (where applicable) and, in line with KPMG quality procedures.
  • Directing and overseeing the work of engagement teams and team members, including reviewing their DC technical work (e.g., checking calculations and reviewing conclusions), and providing coaching and mentoring support.
  • Performance managing team members, ensuring that you are having rich development conversations that support their growth and career progression.

What will you need to do it?

  • Technical knowledge: Understands relevant technical DC concepts, pension regulations and legislation. Exhibits and stays current on appropriate industry and specialist knowledge, and leverages KPMG methodologies.
  • Technology skills: Uses firm-approved tools and innovative technology solutions to increase quality, productivity and data insights.
  • Professional scepticism: Applies professional scepticism, objectivity and independence to work.
  • Documentation: Completes documentation and audit trails demonstrating an unwavering focus on quality and in line with professional standards (where applicable).
  • Relevant experience working in pensions advisory at Manager level, at either an employee benefit consultancy or other Big 4 firm.
  • Technical knowledge of defined contribution schemes, auto-enrolment legislation and compliance, DC provider landscape, understanding of the wider UK pensions landscape, and the issues facing stakeholders.
  • Knowledge of the pros and cons of different workplace pensions structures.
  • Experience of leading and performance managing teams, coaching and mentoring junior staff.
  • Track record of managing and delivering high quality, complex projects, including team oversight and stakeholder management.
  • Proven track record of managing and delivering provider selection and provider transition.
  • Proven track record of advising on DC scheme design, investment fund ranges, suitable default funds, charging structures.
  • Proven track record of developing and delivering DC member communications.
  • Highly effective stakeholder management and relationship building skills; credible and confident with stakeholders at all levels.
  • Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
  • Self-driven and resilient; able to thrive in a high-pressure environment.
  • Effective problem solver; makes pragmatic and logical decisions, drawing on own and others’ technical expertise to provide high quality solutions.
  • Strong analytical and numerical skills; able to analyse and interpret complex technical statistical information, with a focus on quality, attention to details and accuracy in calculations.
  • Effective team working skills; works collaboratively with others towards shared goals.

Skills we’d love to see/Amazing Extras:

  • Pensions Management (PMI) (D)

Our Locations: We are open to talk to talent across the country but our core hubs are London, Canary Wharf, and Manchester. This position will largely be based from London. 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.

Defined Contribution Actuary Manager -108448 employer: KPMG UK

KPMG is an exceptional employer, offering a dynamic work culture that prioritises employee development and collaboration. With a strong focus on mentoring and coaching, you will have the opportunity to lead and grow a talented team while engaging with clients on impactful pensions projects. Located in London, KPMG provides flexible working arrangements and a supportive environment that fosters innovation and professional growth, making it an ideal place for those seeking meaningful and rewarding careers.

K

Contact Details:

KPMG UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Defined Contribution Actuary Manager -108448

Tip Number 1

Network like a pro! Reach out to your connections in the pensions advisory field, especially those at KPMG. A friendly chat can open doors and give you insights that might just land you an interview.

Tip Number 2

Prepare for the interview by brushing up on your technical knowledge of defined contribution schemes. Be ready to discuss recent trends and challenges in the industry, as this shows you're not just knowledgeable but also genuinely interested.

Tip Number 3

Showcase your leadership skills! Think of examples where you've successfully managed teams or projects. KPMG values strong team players who can mentor others, so highlight those experiences during your conversations.

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 the KPMG family.

We think you need these skills to ace Defined Contribution Actuary Manager -108448

Defined Contribution Pension Knowledge
Pension Regulations and Legislation
Stakeholder Management
Team Leadership
Coaching and Mentoring
Project Management
Financial Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Defined Contribution Manager role. Highlight relevant experience and skills that match the job description, like your knowledge of pension regulations and stakeholder management.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for KPMG. Mention specific projects or experiences that demonstrate your expertise in defined contribution pensions.

Showcase Your Team Leadership Skills:Since this role involves managing and mentoring junior staff, be sure to highlight any previous leadership experiences. Talk about how you've developed others and contributed to team success.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves!

How to prepare for a job interview at KPMG UK

Know Your DC Stuff

Make sure you brush up on your knowledge of defined contribution schemes, auto-enrolment legislation, and the current UK pensions landscape. Being able to discuss these topics confidently will show that you're not just familiar with the basics but also understand the nuances that come with the role.

Showcase Your Leadership Skills

As a manager, you'll be expected to lead and develop junior staff. Prepare examples of how you've successfully coached or mentored team members in the past. Highlighting your experience in performance management and team oversight will demonstrate your capability to handle the responsibilities of this role.

Engage with Stakeholders

Effective stakeholder management is key in this position. Think of instances where you've built strong relationships with clients or colleagues. Be ready to discuss how you navigated challenges and maintained those relationships, as this will illustrate your interpersonal skills and ability to manage expectations.

Prepare for Technical Questions

Expect some technical questions during the interview. Brush up on your analytical and numerical skills, especially around complex calculations and statistical information. Practising how to explain your thought process clearly will help you stand out as a candidate who can deliver high-quality solutions.