At a Glance
- Tasks: Support strategic data projects for pensions schemes 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 pension 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. Currently our 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. Whatever it may be, please get in touch via our dedicated email address - [email protected] to discuss how we can support you with your application.
Data Services Actuary (Associate Consultant/Consultant) in Edinburgh employer: NACBA
LCP is an exceptional employer located in Edinburgh, offering a dynamic work environment with hybrid working options that promote work-life balance. Our commitment to employee wellbeing is reflected in our comprehensive benefits package, which includes professional study support, generous leave policies, and access to various internal networks. We foster a collaborative culture that encourages personal and professional growth, making it an ideal place for those looking to make a meaningful impact in the pensions data services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Data Services Actuary (Associate Consultant/Consultant) in Edinburgh
✨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 with pensions data can add value to their team. Practice common interview questions and think of examples that showcase your skills.
✨Tip Number 3
Show off your tech skills! Since the role involves advanced technology, make sure you’re comfortable with tools like Excel and PowerPoint. Consider creating a portfolio of your past projects to demonstrate your capabilities during interviews.
✨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. Don’t forget to tailor your application to highlight your relevant experience in pensions data!
We think you need these skills to ace Data Services Actuary (Associate Consultant/Consultant) in Edinburgh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to 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!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your enthusiasm for working in fast-paced environments like ours.
Showcase Your Technical Skills:Since this role involves a lot of technical work, be sure to highlight your proficiency in Microsoft Office, especially Excel and PowerPoint. We love seeing examples of how you've used these tools in past projects!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at NACBA
✨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 well-prepared for the role.
✨Showcase Your Project Management Skills
Prepare examples of how you've successfully managed multiple workstreams or projects in the past. Highlight your ability to coordinate tasks, manage competing priorities, and deliver results on time. This will demonstrate your capability to handle the fast-paced environment they’re looking for.
✨Collaborate and Communicate
Since the role involves working closely with various teams, think of instances where you've collaborated effectively. Be ready to discuss how you build relationships and communicate findings clearly, as this is crucial for delivering consulting advice and supporting clients.
✨Ask Insightful Questions
Prepare thoughtful questions about the team’s current projects or the company’s approach to data strategies. This shows your genuine interest in the role and helps you assess if the company culture aligns with your values and career goals.
