Pension Consultant

Actuarial Consultant – Defined Benefit Pensions (Part-Qualified or Qualified)

📍 Manchester | Edinburgh | Glasgow | Flexible working options

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
.

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.

• 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:
• Actuarial factors
• Actuarial valuations
• Insured annuitant calculations
• Funding updates
• Preparing advice letters, reports and client communications
• Attending client meetings as you develop in the role (supported but not mandatory)

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

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

The team operates a do / check / review model

• 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.

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

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

• Manchester
• Edinburgh
• Glasgow

• 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

• 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