Defined Benefit- Actuarial Manager in London

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 benefit pensions. Responsibilities include:

• Journey planning and risk management, aiming for self-sufficiency or buy out, and endgame options including use of surplus.
• Funding advice to sponsors and advice on compliance with DB funding code.
• Advice on contingent funding options and work on special purpose vehicles.
• Pensions due diligence on mergers and acquisitions.
• Advice on benefit change, benefit design and implementation.

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.

Key aspects of the role include:

• 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.
• 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.

We seek candidates who understand relevant technical actuarial, accounting and financial reporting standards, pension regulations and legislation. You will use firm-approved tools and innovative technology solutions to increase quality, productivity and data insights.

Additional requirements include:

• Relevant experience working in pensions advisory at Manager level, at either an employee benefit consultancy or other Big 4 firm.
• Technical knowledge of defined benefit pension scheme valuations, roll forward methodologies and actuarial techniques.
• Understanding of the wider UK pensions landscape, and the issues facing our stakeholders.
• Experience of the pensions implications within an M&A context.
• Experience of leading and performance managing teams, coaching and mentoring junior staff.
• Experience of delivering high quality, complex projects, including team oversight and stakeholder management.
• Experience of managing and delivering end-game journey planning engagements.
• Experience of advising on scheme funding and knowledge of the regime governed by the Pensions Regulator, including the DB scheme funding code.
• IT literate with sound knowledge and experience of MS Office tools (Excel, PowerPoint and Word).
• Highly effective stakeholder management and relationship building skills; strong organisational and time management skills; makes pragmatic and logical decisions, drawing on own and others’ technical expertise to provide high quality solutions.
• Able to analyse and interpret complex technical statistical information, with a focus on quality, attention to details and accuracy in calculations.

We are open to talk to talent across the country but our core hubs are: With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options.