Pension Consultant in England

A fast-growing pensions consolidator team is looking to hire high-quality actuarial consultants at part-qualified or fully qualified level to support an expanding portfolio of DB pension schemes. This is a genuinely technical, end-to-end actuarial role offering real ownership, autonomy, and exposure to well-funded schemes actively exploring buy-out and endgame strategies.

The Opportunity – What the Role Really Involves

This is not a narrow process role. Consultants take full ownership of their own portfolio of pension schemes, typically 8–10 schemes, ranging from a few £m to several £bn. You will see the entire actuarial lifecycle of each scheme and develop a deep understanding of how the work fits together — something candidates consistently highlight as a major positive.

Key Responsibilities

• End-to-end ownership of a portfolio of DB pension schemes
• Keeping all actuarial work on track and up to date
• Performing and checking pension liability calculations, including:
• Roll-forwards, switches and movements
• Understanding calculations without reliance on pre-built models
• Day-to-day actuarial work, including:
• Member benefit calculations
• Actuarial factors
• Actuarial valuations
• Insured annuitant calculations
• Funding updates
• Company accounting disclosures
• Preparing advice letters, reports and client communications
• Attending client meetings as you develop in the role (supported but not mandatory)

Project & Specialist Work

There is strong opportunity to get involved in bespoke, high-value project work, including:

• GMP equalisation
• Benefit rectification
• Buy-out and endgame planning (many schemes are now well-funded and actively progressing these options)

Role Level & Development Model

Most hires will be at checker level, typically 4–10 years’ experience. Open to part-qualified actuaries, those working towards FIA, or fully qualified actuaries (FIA).

How the Work Is Structured

The team operates a do/check/review model. At checker level, you will:

• Be supported by a pool of junior colleagues
• Have autonomy to manage your workload and guide others
• Begin developing direct client relationships on your schemes

This structure provides early exposure to leadership and client ownership, without the pressure of full people-management responsibility.

What We Look For

• Core attributes include:
• Strong ownership and accountability for client work
• Ability to calculate and check pension liabilities independently
• Solid technical grounding and understanding of how calculations work
• Proactive mindset and ability to organise your own portfolio
• Appetite to take responsibility and grow with the business

Why This Role Is Different

• More technical, less admin
• A calculation-focused actuarial role
• No responsibility for meeting packs, minutes, or admin work
• Client interaction is encouraged but not compulsory
• True end-to-end actuarial experience
• No offshoring of core calculations
• Consultants work start-to-finish on their schemes
• Builds genuine technical depth and commercial understanding
• Clear progression
• Promotion based on capability and contribution
• No waiting for someone senior to move on
• Opportunity to help build teams as the business scales
• Strong market proposition
• The consolidator model is resonating strongly with clients
• Candidates who understand the platform and proposition tend to progress fastest

Locations & Flexibility

Core hubs: Manchester, Edinburgh, Glasgow. Additional flexibility: Support teams in Leeds and London. Candidates outside core hubs considered, particularly at Manager level. Full-time or part-time options available (e.g. 3 days per week).

For those outside core regions, success relies on:

• Proactivity
• Strong ownership of client work
• Ability to operate with slightly less day-to-day oversight

In Summary

• High-quality technical actuarial role
• Full ownership of schemes and end-to-end work
• Strong exposure to buy-out and endgame projects
• Fast-growing team with clear progression
• Minimal admin, maximum actuarial content
• Flexible location and working patterns
• A business that’s scaling and investing in its people