Actuarial Consultant (Public Service Pensions)

KPMG's Pensions is an exciting initiative to re-establish the pensions team, with a focus on public service pensions advisory and revenue growth. We are seeking a talented and experienced Consultant to join our pensions actuarial team. Responsibilities include:

• Strategic journey planning, risk management, and endgame options
• Strategic funding advice and compliance with DB funding code
• Pension due diligence on mergers and acquisitions
• Member education, benefit change advice, and good governance
• Pensions accounting advice

Description of the Role:

• Understanding defined benefit pension schemes and actuarial liability calculations
• Analyzing client data using actuarial techniques
• Producing technical actuarial work in line with standards
• Supporting day-to-day running of cases and end-to-end tasks
• Developing specialist technical knowledge

Technical core competencies required for the role:

• Technical knowledge: Understands relevant actuarial, accounting, and financial reporting standards
• Technology skills: Uses innovative technology solutions to increase productivity
• Professional scepticism: Applies objectivity and independence to actuarial work
• Documentation: Completes documentation demonstrating a focus on quality

People & Culture:

• Embrace and embed a culture of high challenge and support
• Operate with a curious and sceptical mindset
• Lead and embed a coaching culture
• Be accountable, professional, and act in the public interest
• Be inclusive and work with other teams across the firm

Experience and Knowledge Requirements:

• Experience in pensions actuarial at an employee benefit consultancy or Big 4 firm
• Basic knowledge of pension scheme valuations and actuarial techniques
• Understanding of the UK pensions landscape
• IT literate with experience in MS Office tools

Behavioural Attributes and Skills:

• Excellent written and verbal communication skills
• Effective stakeholder management and relationship building skills
• Strong organizational and time management skills
• Self-driven and resilient
• Effective problem solver
• Strong analytical and numerical skills
• Effective team working skills

Qualifications:

• Undergraduate degree with a mathematical/financial nature
• Part qualified actuary having passed some FIA exams (or equivalent)

E - Essential, D - Desirable