Consultant; Pension Data Services

Location - London or Edinburgh with hybrid working available

LCP is an award-winning actuarial and analytics consultancy providing market-leading capabilities and advice across pensions and financial services, energy, health, and analytics. We use powerful analytics fused with human expertise to shape a more positive future.

We have an exciting opportunity to join LCP as a Consultant in our Data Services Team. Our Data Services team is rapidly expanding, as we increase our offering to clients, particularly in the de-risking space. 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. Everyonein the team has their own clientmix, meaning that everyone works withlotsof different people from across Data Services and wider LCP toadvisea range of different clients, whether they be existing ongoing clients or standalone projects.

This means that the client workisvaried and interesting, and there are always new opportunities to learn from others.

You will be involved in a wide variety of strategic data projects, including:

• Advising clients on data risks and supporting the development of scheme-level data strategies
• Reviewing data readiness for endgame strategies including run-on and buy-ins and buy-out
• Undertaking complex benefit rectification projects, such as GMP rectification, equalisation and Barber window exercises
• Undertaking data cleanse projects for schemes, including benefit tranching and reconstruction
• Reviewing data to support member communication exercises or benefit changes

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.

We are seeking actuaries who are enthusiastic about working on dynamic and fast paced projects. You will utilise your technical expertise to create and execute solutions, as well as provide advisory services to our clients. As part of your responsibilities, you will collaborate closely with Data Services management and other key stakeholders in LCP's wider business. There will be opportunities to attend client meetings to help develop consulting skills, whether that be presenting results, providing project updates or advising on methodology.

• Atleast5years’experienceworkingin theUKpensions actuarialconsulting environment. It is not a requirement that you be seeking Fellowship of the Institute of Actuaries.
• StrongUKpensionstechnical knowledge– wider experience reviewing technicalworksuch asactuarial valuationandmember options calculations
• The ability to lead a team completing significant projects, delegating tasks to less experienced members in the team, explainingthe wider context
• Good commercial awarenesswith the ability toconsideragreed budgetswhen carrying out work

Experience with in data rectification projects or GMP equalisation would be ideal but is not a requirement as we are happy to provide training as required.

• Technically strong and able toproposeyour own ideasonhow to approach complex calculations
• Good communication skills – able to explain the approachtakenand results to more senior team members, andbewilling to challenge
• Abilityto prioritise workloads with conflicting importance and flexibility to adapt to different client needs
• Team player with the ability to build strong relationships both within and outside LCP
• Approachable and happy toassist less experienced team members, fostering a supportive working environment

LCP’s Data Services department is growing as we…