Data Services Actuary (Associate Consultant/Consultant)
Data Services Actuary (Associate Consultant/Consultant)

Data Services Actuary (Associate Consultant/Consultant)

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Montanabankers

At a Glance

  • Tasks: Support strategic data projects in the pensions sector and collaborate with experts.
  • Company: Join a rapidly expanding Pensions Data Services team in Edinburgh.
  • Benefits: Enjoy hybrid working, professional study support, and a comprehensive wellbeing package.
  • Other info: Inclusive workplace with opportunities for personal and professional growth.
  • Why this job: Make a real impact on high-profile projects while developing your skills.
  • Qualifications: Knowledge of Defined Benefit pensions and experience in actuarial consultancy.

The predicted salary is between 40000 - 50000 £ per year.

Location - Edinburgh with hybrid working as per departmental requirements (currently a minimum of 40% (2 days per week). Our Pensions Data Services team is rapidly expanding, as we increase our offering to clients, particularly in the de-risking space. The team work closely with experts in other areas of LCP's business and utilise our advanced technology to deliver solutions to our clients. To facilitate this growth, we are now seeking a candidate with a knowledge of Defined Benefit pensions for client facing, technical roles, to bolster our existing team.

What will you be doing? You will be supporting a variety of strategic data projects that help pensions schemes better understand and manage their data. This will include:

  • Supporting data readiness for endgame strategies, including buy-ins, buy-outs and member option exercises
  • Working on large-scale benefit rectification projects such as GMP equalisation, GMP rectification and Barber window extensions
  • Undertaking data cleanse projects for schemes, including benefit tranching and legacy scheme reconstruction. Many of these projects are fast-paced and high-profile, providing an opportunity to work at the centre of a scheme's strategic decision-making
  • Reviewing data to support member communication exercises or benefit changes
  • Advising clients on data risks and supporting the development of scheme-level data strategies

You'll collaborate 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. You will play a key role in delivering consulting advice by drafting technical commentary, identifying key findings, and presenting clear, accurate outputs that help clients make informed decisions.

What skills and experience are we looking for? We are seeking someone who has an excellent understanding of pensions data and is enthusiastic about working on dynamic and fast-paced projects. Other skills and experience we will be looking for will include:

  • Pensions actuarial qualifications (a qualified actuary or you may have started the exams and decided not to finish)
  • Demonstrable experience within a pensions actuarial consultancy, ideally with experience/exposure to pensions data projects
  • Excellent Microsoft Office skills, particularly PowerPoint and Excel
  • Able to navigate fast‑paced, high‑profile workstreams that support strategic scheme decision‑making such as buy‑in/out readiness or data‑driven projects
  • Track record of cross‑functional collaboration with actuarial, administration, and pension risk transfer teams to deliver integrated project outcomes.
  • Experience developing internal methodologies and innovative tools that enhance project efficiency and deliver added value to clients
  • Excellent project management skills, with the ability to coordinate multiple workstreams, manage competing priorities, and ensure timely delivery within scope and budget

What qualities and behaviours should you bring?

  • Dedication to achieving client satisfaction, while also considering the requirements of the business
  • Team player with the ability to build strong relationships and develop junior team members
  • Capable of strategic thinking and suggesting solutions, while also recognising potential risks and issues

What's in it for you? 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. The core benefits package includes:

  • Hybrid working (see top of the advert for details)
  • Professional study support (where applicable)
  • Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks

For your family:

  • Life assurance
  • Income protection
  • Enhanced maternity/paternity/adoption and shared parental leave

For your health:

  • 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
  • Eye care vouchers
  • Cycle to work scheme
  • Digital GP services

For your wealth:

  • Competitive pension scheme
  • Discretionary bonus scheme
  • High street discounts
  • Season ticket loans

For others:

  • Volunteering opportunities

For the environment:

  • 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. This may be extra time for assessments, pre‑interview site visits, interview structure or questions, or asking us about building accessibility. Please get in touch via our dedicated email address - lcp.welcometotheteam@email.com to discuss how we can support you with your application.

Data Services Actuary (Associate Consultant/Consultant) employer: Montanabankers

LCP is an exceptional employer, offering a dynamic work environment in Edinburgh with hybrid working options that promote a healthy work-life balance. Our commitment to employee growth is evident through professional study support and access to diverse internal networks, while our comprehensive benefits package ensures the wellbeing of you and your family. Join us to be part of a collaborative team that values innovation and inclusivity, making a meaningful impact in the pensions data sector.
Montanabankers

Contact Detail:

Montanabankers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Data Services Actuary (Associate Consultant/Consultant)

✨Tip Number 1

Network like a pro! Reach out to your connections in the pensions and actuarial space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for those interviews! Research the company and its projects, especially in the de-risking space. Be ready to discuss how your experience aligns with their needs, and think of examples that showcase your skills in data management and client communication.

✨Tip Number 3

Show off your tech skills! Make sure you’re comfortable with Microsoft Office, especially Excel and PowerPoint. Consider creating a portfolio of your past projects or presentations to demonstrate your expertise and creativity.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at LCP. Don’t miss out on this opportunity!

We think you need these skills to ace Data Services Actuary (Associate Consultant/Consultant)

Pensions Data Knowledge
Defined Benefit Pensions Understanding
Data Readiness for Endgame Strategies
Benefit Rectification Project Experience
Data Cleansing Skills
Client Advisory Skills
Microsoft Office Proficiency
PowerPoint Expertise
Excel Proficiency
Cross-Functional Collaboration
Project Management Skills
Strategic Thinking
Risk Identification
Methodology Development
Innovative Tool Development

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Data Services Actuary role. Highlight your experience with pensions data and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Showcase Your Skills: Don’t forget to mention your Microsoft Office prowess, especially in PowerPoint and Excel. If you’ve got experience in fast-paced environments or cross-functional collaboration, let us know! We love seeing those skills in action.

Be Clear and Concise: When drafting your application, keep it straightforward and to the point. Use clear language to describe your experiences and achievements. We appreciate clarity as it helps us understand your background better!

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure it gets to the right people. Plus, you’ll find all the details you need about the role and our company there!

How to prepare for a job interview at Montanabankers

✨Know Your Pensions Data

Make sure you brush up on your knowledge of Defined Benefit pensions and the specific data projects mentioned in the job description. Being able to discuss these topics confidently will show that you're not just interested, but also knowledgeable about the role.

✨Showcase Your Project Management Skills

Prepare examples from your past experiences where you've successfully managed multiple workstreams or fast-paced projects. Highlight how you coordinated tasks, met deadlines, and delivered results, as this is crucial for the role.

✨Demonstrate Team Collaboration

Think of instances where you've worked closely with cross-functional teams, especially in actuarial or consultancy settings. Be ready to discuss how you built relationships and contributed to integrated project outcomes, as teamwork is key in this position.

✨Prepare Questions for Them

Have a few thoughtful questions ready to ask at the end of your interview. This could be about their current data projects or how they envision the future of the Pensions Data Services team. It shows your genuine interest and helps you assess if the company is the right fit for you.

Data Services Actuary (Associate Consultant/Consultant)
Montanabankers

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