Location
London with hybrid working as per departmental requirements (currently a minimum of 40%, equivalent to 2 days per week).

Hours
Full Time

About the Role
Lane Clark & Peacock (LCP) is an award-winning actuarial and analytics consultancy providing market-leading capabilities and advice across pensions, financial services, energy, and health. We combine powerful analytics with human expertise to shape a more positive future. We have an exciting opportunity to join our Pensions Actuarial team in London as an Associate Consultant.

Our Pensions Actuarial department in London comprises over 150 people advising trustees and sponsors on a wide range of defined benefit (DB) pensions issues—from core work on actuarial valuations and member options advice to strategic advice and project work.

Your day-to-day responsibilities will include:
- Conducting actuarial valuations for various purposes including funding, solvency, Section 179, and buy-in feasibility studies
- Attending client meetings and presenting routine analyses
- Delegating tasks to analysts and ensuring work is ready for review
- Calculating and checking individual member calculations such as transfer values
- Liaising with administrator teams, both external and internal
- Producing member option factors such as early/late retirement or commutation factors
- 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 specialist teams covering Pension Risk Transfer, longevity, GMP equalisation, and Collective Defined Contribution schemes. Everyone is encouraged to attend client meetings to develop consulting skills. You will also have opportunities to attend industry networking events, with LCP playing a key role in organising events targeted at associate consultant level.

Benefits
As part of a certified B-Corp, multi-award-winning, fun, collaborative, and people-first organisation, we offer a comprehensive benefits package designed to support your wellbeing and professional growth, including:
- Hybrid working arrangements
- Professional, multicultural, and women’s networks
- Life assurance and income protection
- Enhanced maternity, paternity, adoption, and shared parental leave
- 26 days annual leave plus bank holidays (most flexible) with options to buy and sell holiday
- Competitive pension scheme and discretionary bonus scheme
- High street discounts and season ticket loans
- Volunteering opportunities
- Electric vehicle salary sacrifice scheme (qualifying period applies)
And much more!

LCP is committed to building an inclusive workplace where all forms of diversity are valued. We welcome applicants to contact us to discuss any adjustments needed to support their application process.

Experience
- Part-qualified FIA
- Experience working in the UK pensions actuarial consulting environment
- Awareness of current issues and key topics in the UK pensions industry

About you
- Good grounding in actuarial techniques with strong attention to detail and technical knowledge
- Excellent communication skills, able to explain approaches and results clearly
- Ability to prioritise workloads effectively and adapt to different client needs
- Team player with the ability to build strong relationships internally and externally
- Approachable and supportive, fostering a positive working environment

Qualifications
- Part-qualified FIA (Fellow of the Institute and Faculty of Actuaries) is required