At a Glance
- Tasks: Engage in strategic data projects and provide advisory services to clients.
- Company: Join a multi-award winning, people-first organisation with a collaborative culture.
- Benefits: Enjoy hybrid working, professional study support, and a comprehensive wellbeing package.
- Why this job: Make a real impact in the de-risking space while developing your skills.
- Qualifications: Knowledge of Defined Benefit pensions and experience in consultancy required.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology. Working across a wide range of sectors, including pensions and benefits, investments, insurance, energy, health, sports, and data analytics, we help our clients navigate complexity in order to take the action that matters.
Our Data Services team is rapidly expanding, as we increase our offering to clients, particularly in the de-risking space. The team works closely with expertise in other areas of LCP's business and utilises our advanced technology to deliver solutions to our clients. To facilitate this growth, we are recruiting individuals with a knowledge of Defined Benefit pensions for client-facing, technical roles to bolster our existing team.
We are seeking actuaries who are enthusiastic about working on dynamic and fast-paced projects, utilising your technical expertise to create and execute solutions, as well as providing advisory services to our clients.
What will you be doing?
- Preparing data for endgame strategies such as buy-ins, buy-outs and wind-ups
- Leading complex benefit rectification projects, such as GMP rectification and Barber window exercises
- Undertaking data cleanse projects for schemes, including benefit tranching and legacy scheme reconstruction
- Reviewing data to support member communication exercises or benefit changes
- Advising clients on data risks and supporting the development of scheme-level data strategies
- Working with clients from across the market, including those administered outside of LCP who seek our expertise for discrete data-driven projects
- Collaborating closely with LCP's actuarial, administration and pension risk transfer teams, while also helping shape internal project methodologies and developing the next generation of tools and approaches
What skills and experience are we looking for?
- Excellent knowledge of DB pension schemes, with a Pensions Actuarial background (you may have qualified as an actuary or stopped studying for the exams)
- Demonstrable experience within a consultancy environment
- Ability to create bulk solutions to undertake complex pension scheme calculations
- Able to prioritise workloads with conflicting importance, keeping to deadlines, agreed service levels and disclosure requirements
- Excellent Microsoft Office skills, particularly PowerPoint and Excel
- Keenness to take an active role to guarantee client satisfaction for the duration of projects and have a readiness to foster new relationships
- Able to work within agreed budgets and scopes
What qualities and behaviours will you be able to demonstrate?
- A willingness to establish excellent collaborative relationships with clients, external third parties, or suppliers
- Dedication to achieving client satisfaction, while also considering the requirements of the business
- Team player with the ability to build strong relationships
- Capable of strategic thinking and suggesting solutions, while also recognising potential risks and issues
What's in it for you?
As well as joining a multi-award winning, fun, collaborative, people-first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:
- Hybrid working (varies by role and department)
- Professional study support (where applicable)
- Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks
- Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave
- 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
- Private medical insurance
- Discounted gym memberships, critical illness and dental insurance through our flexible benefits
- Cycle to work scheme
- Digital GP services
- Discretionary bonus scheme
- Season ticket loans
- Volunteering opportunities
- Electric vehicle salary sacrifice scheme (qualifying period applies)
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation. LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.
Data Services Actuary (Consultant) in London employer: Lane Clark & Peacock LLP.
Contact Detail:
Lane Clark & Peacock LLP. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Services Actuary (Consultant) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching LCP and understanding their projects. Familiarise yourself with their work in data services and think about how your skills can contribute. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with DB pension schemes and how it relates to the role. Keep it concise but impactful – you want to leave a lasting impression without rambling.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at LCP and are keen to be part of our exciting journey.
We think you need these skills to ace Data Services Actuary (Consultant) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Data Services Actuary role. Highlight your experience with DB pension schemes and consultancy work, as these are key for us. Use specific examples that showcase your skills in data analysis and client advisory.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your enthusiasm for the role and how your background aligns with our needs. Don’t forget to mention your passion for working on dynamic projects and your commitment to client satisfaction.
Showcase Your Technical Skills: We love seeing strong technical skills, especially in Microsoft Office, PowerPoint, and Excel. Include any relevant projects or experiences where you’ve used these tools to solve complex problems or deliver solutions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Lane Clark & Peacock LLP.
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pension schemes. Be ready to discuss specific examples from your experience, especially any complex calculations or projects you've worked on. This will show that you’re not just familiar with the theory but can apply it in real-world scenarios.
✨Showcase Your Consultancy Skills
Since the role involves working in a consultancy environment, prepare to highlight your experience in client-facing roles. Think of instances where you’ve successfully managed client relationships or delivered solutions under pressure. This will demonstrate your ability to thrive in a dynamic setting.
✨Prepare for Technical Questions
Expect technical questions related to data analysis and project management. Brush up on your Excel skills and be ready to discuss how you would approach data cleanse projects or benefit rectification tasks. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Emphasise Team Collaboration
LCP values teamwork, so be prepared to discuss how you’ve collaborated with others in past roles. Share examples of how you’ve built strong relationships with colleagues or clients, and how you’ve contributed to team success. This will show that you’re a team player who can fit into their collaborative culture.