Senior Pensions Actuarial Consultant

Senior Pensions Actuarial Consultant Business area Pensions Actuarial and Pension Risk Transfer Location London Job  Location - London with hybrid working as per departmental requirements (currently a MINIMUM of 40% (2 days per week).

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.

LCP’s pensions actuarial department is growing as we expand our client base and continue to take on new projects for our existing clients. Our goal is to be the leading long-term partner for DB advice and deliver better outcomes for members, trustees, sponsors and society. With this comes opportunities to work on wide-ranging clients and projects and progress within the business.

Ideally you will divide your time between pensions actuarial and pensions risk transfer (PRT) work, but we are flexible on the split between the two depending on your strengths and interests.

Our pensions actuarial department in London consists of over 150 people, from analysts to Partners. We advise trustees and sponsors on a wide range of DB pensions issues – from core work on actuarial valuations and member options advice, to strategic advice and project work. LCP's highly respected, market leading specialist Pensions Risk Transfer team sits alongside the wider pensions actuarial department.

The majority of people within the Pensions Risk Transfer team divide their time across a number of aspects of pensions advice. Everyone in the department has their own unique client mix, meaning that everyone works with lots of different people to advise a range of different clients. This means that the client work is varied and interesting, and there are always new opportunities to learn from others in the team.

Our clients range from small schemes with only a handful of members, to large schemes of over 1bn. You’ll be working on a variety of schemes, each with their own priorities. This will also include:

• Coordinating actuarial calculations with the less experienced teams on your clients and reviewing these calculations along with the associated advice.
• Within the Pensions Risk Transfer team, you would be undertaking a central role in broking insurance transactions, liaising and negotiation with insurers, attending meetings and managing projects.
• Within our department there are also opportunities to join our other specialist teams, for example covering longevity, GMP equalisation and Collective Defined Contribution schemes.
• You will also have the opportunity to attend industry networking events

• A qualified pensions actuary with demonstrable experience working in the UK pensions actuarial consulting environment
• Excellent UK pensions technical knowledge, with the ability to review core technical work such as actuarial valuation and member options calculations and pensions accounting
• Awareness of current issues and key hot topics in the UK pensions industry
• Ability to draft clear communications and presentations
• Ability to delegate tasks to less experienced members in the team, explaining the wider context
• Commercial awareness with the ability to consider agreed budgets when carrying out work

You do not need any prior experience of Pensions Risk Transfer work as we are happy to provide training as required. We simply ask that you are keen to learn and get involved.

• Excellent technical pensions knowledge, with the ability to propose your own ideas on how to approach complex calculations
• Excellent…