Consulting Actuary - Public Sector

Posted 5 Days Ago
Be an Early Applicant
10 Locations
In-Office or Remote
Senior level
Professional Services • Financial Services
The Role
Provide LGPS actuarial consulting across funds and employers: client advisory, reporting, funding strategy, employer risk, governance support, peer review, team coordination, and business development while maintaining regulatory knowledge.
Summary Generated by Built In

This role is aimed at qualified actuaries (or those close to qualifying) with experience in the Local Government Pension Scheme (LGPS) who are keen to further develop their consulting career. You will work towards becoming a Scheme or Corporate Actuary while building your own portfolio across LGPS clients. There is also scope to take on Team Leader responsibilities, supporting delivery, governance activity and working with Senior Actuaries to set priorities.

You will join a growing team with strong demand for LGPS actuarial and governance work, including new regulatory driven projects. The role offers broad exposure, from funding strategy, employer risk and asset pooling through to governance support, employer transitions and statutory reporting. Strong organisational skills and the ability to work collaboratively across a busy client portfolio will be key.

A snapshot of your day:

  • Client consulting, acting as a key contact for a range of clients, including LGPS funds and employers 
  • Supporting Partners in managing client relationships, helping to identify and resolve issues as they arise 
  • Attending client meetings, contributing to discussions and identifying opportunities to support clients 
  • Reviewing draft client reports and advice, ensuring clarity and consistency 
  • Applying actuarial techniques and principles to assess risk and uncertainty in pensions 
  • Checking work of other team members, ensuring accuracy and compliance with LGPS regulations
  • Assisting with new business opportunities, including supporting tenders and pitch processes 
  • Supporting team management activities, helping to coordinate workload and maintain delivery standards 
  • Maintaining an understanding of current pensions developments and sharing relevant insights with clients 
  • Contributing to the delivery of high-quality client work within agreed timescales 
  • Supporting corporate accounting work and identifying opportunities to provide additional services where appropriate 
  • Peer reviewing colleagues’ work where appropriate

 We would love to hear from you if you have:

  • Fellowship Actuarial Qualifications FIA / FAA or equivalent 

  • DB Pension experience is essential

  • Demonstrated experience leading a team and excellent people management skills

  • Good IT skills 

  • Project management and time management skills 

  • Excellent communication skills and good networking skills 

  • Ability to take forward new ideas


What's in it for you:

  • Competitive discretionary annual bonus.

  • Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading.

  • A generous pension scheme where we contribute 8% of your salary from day one of your employment.

  • Employee Assistance Programme to support you and your family through any concerns or challenges you may experience.

  • A comprehensive range of voluntary benefits to suit your life stage and lifestyle including a tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.

  • For a full list of benefits, please click here  

  • Working with an award winning LGPS team holding three stars in the “best companies” ranking


Happy to talk flexible working


Accessibility 

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here   


Not quite the right opportunity for you this time? 

For more about us and other Careers at BW, please click here 

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We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to [email protected]. 

Skills Required

  • Fellowship Actuarial Qualifications (FIA / FAA or equivalent)
  • Defined benefit (DB) pension experience, specifically LGPS
  • Demonstrated experience leading a team and people management skills
  • Good IT skills
  • Project management and time management skills
  • Excellent communication and networking skills
  • Ability to take forward new ideas
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The Company
HQ: London
1,338 Employees
Year Founded: 1989

What We Do

We are proud to be a leading independent UK professional services consultancy at the forefront of risk, pensions, investment and insurance. With a team of more than 1,750 people in nine offices, including 99 partners, we work to deliver on our values and our promise, ensuring the highest levels of trust, integrity and quality. We act as a trusted partner for a wide range of clients in both the private and public sectors – this includes 25% of FTSE 100 and 15% of FTSE 350 companies. We are free from any external stakeholders, allowing us to take a long-term view with all our clients and giving us the freedom to bring fresh ideas to the table, unobstructed.

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