Pension Consultant

Job description

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.

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

Extra information

Status

Open

Education Level

Secondary School

Location

England

Type of Contract

Part-time jobs

Published at

01-03-2026

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English