Data Services Actuary (Associate Consultant/Consultant)
Location - Edinburgh with hybrid working as per departmental requirements (currently a MINIMUM of 40% (2 days per week).
Our Pensions Data Services team is rapidly expanding, as we increase our offering to clients, particularly in the de-risking space. The team work closely with experts in other areas of LCP’s business and utilise our advanced technology to deliver solutions to our clients. To facilitate this growth, we are now seeking a candidate with a knowledge of Defined Benefit pensions for client facing, technical roles, to bolster our existing team.
What will you be doing?
You will be supporting a variety of strategic data projects that help pensions schemes better understand and manage their data. This will include:
- Supporting data readiness for endgame strategies, including buy-ins, buy-outs and member option exercises
- Working on large-scale benefit rectification projects such as GMP equalisation, GMP rectification and Barber window extensions
- Undertaking data cleanse projects for schemes, including benefit tranching and legacy scheme reconstruction. Many of these projects are fast-paced and high-profile, providing an opportunity to work at the centre of a scheme’s strategic decision-making
- Reviewing data to support member communication exercises or benefit changes
- Advising clients on data risks and supporting the development of scheme-level data strategies
You’ll collaborate closely with LCP’s actuarial, administration and pension risk transfer teams, while also helping shape internal project methodologies and developing the next generation of tools and approaches. You will play a key role in delivering consulting advice by drafting technical commentary, identifying key findings, and presenting clear, accurate outputs that
What skills and experience are we looking for?
We are seeking someone who has a excellent understanding of pensions data and is enthusiastic about working on dynamic and fast-paced projects. Other skills and experience we will be looking for will include.
- Pensions actuarial qualifications (a qualified actuary or you may have started the exams and decided not to finish)
- Demonstrable experience within a pensions actuarial consultancy, ideally with experience/exposure to pensions data projects
- Excellent Microsoft Office skills, particularly PowerPoint and Excel
- Able to navigate fast-paced, high-profile workstreams that support strategic scheme decision-making such as buy-in/out readiness or data-driven projects
- Track record of cross-functional collaboration with actuarial, administration, and pension risk transfer teams to deliver integrated project outcomes. Experience developing internal methodologies and innovative tools that enhance project efficiency and deliver added value to clients
- Excellent project management skills, with the ability to coordinate multiple workstreams, manage competing priorities, and ensure timely delivery within scope and budget
What qualities and behaviours should you bring?
- Dedication to achieving client satisfaction, while also considering the requirements of the business
- Team player with the ability to build strong relationships and develop junior team members
- Capable of strategic thinking and suggesting solutions, while also recognising potential risks and issues
What’s in it for
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 package includes:
For you:
- Hybrid working (see top of the advert for details)
- Professional study support (where applicable)
- Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks
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 holidays (most of which can be taken flexibly!) with options to buy & sell holiday
- Private medical insurance
- Discounted gym memberships, critical illness and dental insurance through our flexible benefits
- Eye care vouchers
- Cycle to work scheme
- Digital GP services
For your wealth:
- Competitive pension scheme
- Discretionary bonus scheme
- High street discounts
- Season ticket loans
For others:
- Volunteering opportunities
For the environment:
- Electric vehicle salary sacrifice scheme (qualifying period applies)
And much more!
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application
Recruitment agencies
LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs or candidate profiles from agencies who are not part of our current PSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. If this process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs or candidate profiles are submitted to any employee or Partner at LCP.
Specialism
Pensions Data Services
Location
Edinburgh
Job ID
292025
