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Pensions Actuarial Associate Consultant (London) 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 and health. We use powerful analytics fused with human expertise to shape a more positive future. We have an exciting opportunity to join the team as an Associate Consultant. Our Pensions Actuarial department in London consists of over 150 people, the team advises 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 What will you be doing? 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. Your day-to-day role will involve: Conducting actuarial valuations for clients for a variety of purposes including funding, solvency, Section 179 and buy-in feasibility studies Attending client meetings and presenting more routine pieces of analysis Delegating tasks to analysts and ensuing work is ready for review Calculating and checking individual member calculations such as transfer values Liaising with administrator teams, both external and at LCP Producing member option factors, such as early and late retirement factors or commutation factors for administrators Calculating disclosures for accounting purposes under IAS19 and/or US GAAP Carrying out and checking calculations for data and benefit rectification projects, including GMP equalisation There are also opportunities to join our specialist teams, for example covering Pension Risk Transfer, longevity, GMP equalisation and Collective Defined Contribution schemes. Everyone at all levels is encouraged to attend client meetings to help develop their consulting skills. You will also have the opportunity to attend industry networking events, with LCP playing a key role organising events targeted at associate consultant level. What skills and experience are we looking for? A part-qualified FIA Experience working in the UK pensions actuarial consulting environment 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 analysts in the team, explaining the wider context What qualities and behaviours should you bring? Good grounding in actuarial techniques, attention to detail and technical knowledge Good communication skills – able to explain the approach taken and results to the wider team Ability to 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 to assist team members, fostering a supportive working environment What’s in it for you? Take a look at our and Career stories pages to see why our people love being here! As well as joining a certified B-Corp, multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits For you: Hybrid working (see top of the advert for details) Professional study support (where applicable) Access to our internal Wellbeing, LGBTQ+, Multicultural For your family: Life assurance Income protection Enhanced maternity/paternity/adoption and shared parental leave For your health: 26 days annual leave (pro-rata for part-time working) plus bank holida