Pensions Advisory Consultant

2 months ago

Manchester, United Kingdom KPMG UK Full time

Job details

Location: Aberdeen, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Gatwick, Gibraltar, Glasgow, Leeds, Leeds Broadgate, Liverpool, London, Manchester, Milton Keynes, Newcastle upon Tyne, Norwich, Nottingham, Plymouth, Reading, Sheffield, South Coast - Southampton, Watford


Capability: Tax & Law

Experience Level: Junior Professional

Type: Full Time

Service Line: Employment Solutions

Contract type: Permanent

Job description


KPMG is enhancing its Tax and Legal practice by expanding our ability to offer support to our clients in connection to their pensions obligations. Our pensions team work alongside our 2,400 plus Tax and Legal colleagues and the new roles we are adding to the team will be focussed on delivering advice across our client base to advise them on matters relating to their pension provision and other pensions related issues relating to ongoing operations and transactions.

We are now looking for talented and experienced Consultant to join our pensions actuarial team. You will be responsible for delivering high quality actuarial pensions advice in relation to defined benefit pension schemes in the private sector.

You will be responsible for will work closely with the senior members of the team in this service line, which will involve providing:

  • Strategic journey planning, risk management aiming for self-sufficiency or buy out and endgame options including use of surplus.
  • Strategic funding advice to sponsors and advice on compliance with DB funding code.
  • Pension due diligence on mergers and acquisitions
  • Provision of member education and communication
  • Advice on benefit change, benefit design and implementation
  • Advice on good governance and compliance
  • Pensions accounting advice

Description of the Role

  • Gain understanding of defined benefit pension schemes and actuarial liability calculations.
  • Gain understanding of accounting for pensions.
  • Responsible for analysing client’s data and information using actuarial techniques and central models.
  • Producing technical actuarial work in line with the actuarial standards and, in line with KPMG quality procedures.
  • Running checks to assess reasonableness of actuarial assumptions and accounting results, using KPMG developed tools.
  • Use outputs to generate initial draft reports/emails.
  • Support team in day-to-day running of cases, including general administration and tracking of procedures versus timeline.
  • Supporting with end-to-end tasks for client projects and ensure delivery within agreed timeframes
  • Developing specialist technical knowledge
  • Maintaining regular, open and honest communication whilst working together with the team
  • Developing strong financial management, timely billing and debt collection

Technical core competencies required for the role.

The relevant competencies for this role are:

  • Technical knowledge: Understands relevant technical actuarial, accounting, and financial reporting standards, pension regulations, and literature. Exhibits and stays current on appropriate industry and specialised knowledge, and leverages KPMG methodologies.
  • Technology skills: Uses firm-approved tools and innovative technology solutions to increase quality, productivity, and data insights.
  • Professional scepticism: Applies professional scepticism, objectivity and independence to pensions actuarial and accounting work.
  • Documentation: Completes documentation and audit trails demonstrating an unwavering focus on quality and in line with the actuarial standards.

People & Culture

  • Embrace and embed our culture ambition of high challenge, high support which is grounded in Our Values.
  • Operate with a curious and sceptical mindset ensuring that this is embedded in your everyday work.
  • Actively lead and embed a coaching culture to get the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.
  • Be accountable, professional and act in the public interest, working for the benefit of shareholders of audited entities and wider society.
  • Be inclusive and embrace the opportunity to work with other teams across the firm in an integrated way. Have a sense of community, purpose and fun.

Experience and Knowledge Requirements

  • Experience of working in pensions actuarial at either an employee benefit consultancy or other Big 4 firm. (D)
  • Basic knowledge of defined benefit pension scheme valuations, roll forward methodologies, and actuarial techniques. (D)
  • Understanding of the wider UK pensions landscape (D)
  • IT literate with sound knowledge and experience of MS Office tools (Excel, PowerPoint and Word). (E)

Behavioural Attributes and Skills

  • Excellent written and verbal communication skills; able to communicate complex matters in a clear and compelling manner.
  • Highly effective stakeholder management and relationship building skills; credible and confident with stakeholders at all levels.
  • Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
  • Self-driven and resilient; able to thrive in a high-pressure environment.
  • Effective problem solver: makes pragmatic and logical decisions, drawing on own and others’ technical expertise to provide high quality solutions.
  • Strong analytical and numerical skills; able to analyse and interpret complex technical statistical information, with a focus on quality, attention to details and accuracy in calculations.
  • Effective team working skills; works collaboratively with others towards shared goals.

Qualifications

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

E – Essential, D – Desirable

  • Pension Advisory Consultant

    4 weeks ago

    Manchester, United Kingdom KPMG UK Full time

    Job DetailsKPMG UK is enhancing its Tax and Legal practice by expanding its ability to offer support to clients in connection with their pensions obligations.We are seeking a talented and experienced Consultant to join our pensions actuarial team, responsible for delivering high-quality actuarial pensions advice in relation to defined benefit pension schemes...

  • Financial Advisory, Senior Consultant

    6 months ago

    Manchester, United Kingdom Teneo Full time

    **The Role**: The Manchester-based Financial Advisory team have led many of the largest and most complex assignments in the region over the last few years. Recent administration projects include Studio Retail plc, Urban Splash Haus, Missguided Retail, Broadway Fibre LLP. The team has a market-leading advisory presence and works with a broad range of...

  • Dc Pensions Consultant

    7 months ago

    Manchester, United Kingdom Willis Towers Watson Full time

    At WTW we have an enviable client list and reputation for excellent consulting advice and innovative solutions, delivered by highly skilled colleagues with access to robust resources. We have an exciting opportunity in our dedicated national DC Consulting team for an experienced **DC consultant **to join us working hybrid, to deliver advice to some of the...

  • Senior Pensions Administrator Sipp

    6 months ago

    Manchester, United Kingdom XPS Pensions Group Full time

    **Senior Pensions Administrator SIPP/SSAS** **Manchester** **Full Time** **Permanent** **Consultant Grade** We are looking for a Senior Pensions Administrator or Pensions Consultant with significant experience in SIPP and SSAS to join our vibrant and growing team in our Salford Office. XPS is an award-winning Pensions Consultancy with over 1600 staff...

  • Pensions Advisory Consultant

    2 days ago

    Manchester, United Kingdom Kpmg Uk Full time

    Job details Location: Aberdeen, Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Gatwick, Gibraltar, Glasgow, Leeds, Leeds Broadgate, Liverpool, London, Manchester, Milton Keynes, Newcastle upon Tyne, Norwich, Nottingham, Plymouth, Reading, Sheffield, South Coast - Southampton, Watford Capability: Tax & Law Experience Level: Junior Professional Type: Full...

  • Senior Data Consultant

    7 days ago

    Manchester, United Kingdom Turner & Townsend Group Full time

    About the RoleAs a Senior Data Consultant - Infrastructure Advisory, you will be responsible for helping to create insights and tell stories with data, connecting and interrogating data sources that will provide clients with the information they require to make optimal decisions. You will also develop our people through coaching and mentoring of team...

  • Senior Consultant- Private Markets Sustainability Advisory

    6 months ago

    Manchester, United Kingdom ERM Full time

    Want to help shape a sustainable future? ERM is the world’s largest pure-play sustainability consultancy and we have been named as a leader in the ESG & Sustainability Consultancy industry, according to new independent research. We have an impressive client base including over 50% of global Fortune 500 companies. Our diverse team of world-class experts...

  • Pension Consultant Specialist

    7 days ago

    Manchester, United Kingdom Sellick Partnership Full time

    Seeking a highly skilled Pension Consultant Specialist to join our esteemed consultancy, Sellick Partnership. Our ideal candidate will possess in-depth knowledge of UK Pension consulting and be able to provide expert advice on Pension scheme design and funding strategies.The successful Pension Consultant Specialist will have the opportunity to work closely...

  • Financial Services Advisory Senior Consultant

    7 months ago

    Manchester, United Kingdom BDO UK Full time

    Ideas | People | Trust We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world. We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and...

  • Experienced Pensions Advisor Opportunity

    7 days ago

    Manchester, United Kingdom TLT LLP Full time

    Job OverviewWe are seeking an experienced pensions advisor to join our dynamic team at TLT LLP.About the RoleThis is an exciting opportunity for a qualified solicitor with previous experience in pensions law to take on a challenging and rewarding role. As a key member of our team, you will be responsible for providing expert advice on all aspects of pension...

  • Pension Actuary Consultant

    4 weeks ago

    Manchester, United Kingdom IDEX Consulting Ltd Full time

    About UsIDEX Consulting Ltd is a leading provider of actuarial consulting services. We are seeking a highly skilled Pension Actuary Consultant to join our team.Job Description:We are looking for a talented and experienced actuary to work with our clients in the UK DB Pensions space. As a Pension Actuary Consultant, you will be responsible for delivering...

  • Surveyor (Occupier Advisory)

    6 months ago

    Manchester, United Kingdom Propsource Consulting Full time

    A market-leading UK real estate consultancy are growing their Occupier Advisory division through recruiting a Surveyor to join the team. This team is professional and well respected, specialising in providing property advice to Occupiers only, which sets them apart in the market. This role will involve advising tenants and negotiating leasehold...

  • Pension Actuary Consultant

    3 weeks ago

    Manchester, United Kingdom IDEX Consulting Full time

    **Expert Actuarial Consultant Wanted for UK DB Pensions**At IDEX Consulting, we're expanding our actuarial consulting team and looking for a part-qualified, nearly qualified, or recently qualified actuary with experience in the UK Defined Benefit/Final Salary Pension world.As a key member of our team, you'll take the lead in delivering consultancy services...

  • Financial Services Advisory Senior Consultant

    3 weeks ago

    Manchester, United Kingdom BDO UK Full time

    Ideas | People | TrustWe’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world.We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and directly...

  • Pension Actuarial Consultant

    2 weeks ago

    Manchester, United Kingdom Gallagher Full time

    About Us Gallagher, a leading provider of insurance and risk management solutions, is expanding its actuarial consulting and analyst teams in our UK offices. We are seeking an experienced Pension Actuarial Analyst to join our team.Salary & Benefits The successful candidate will receive a competitive salary of ££60,000 - £80,000 per annum, plus benefits...

  • DC Pension Consultant

    4 weeks ago

    Manchester, United Kingdom Alexander Lloyd Full time

    Pensions DC ConsultantWe are currently partnered with an established Employee Benefits & Pensions Consultancy that are looking to further expand their team as we head into 2025. You would be joining an experienced DC Pensions team to further develop your career.Role & Responsibilities:Maintain and develop a book of clients with a portfolio value of...

  • Pensions Governance Consultant

    7 days ago

    Manchester, United Kingdom GB035 Mercer (UK) Limited Full time

    OverviewMercer, a leading global consultancy firm, is seeking an experienced Pensions Governance Consultant to join their team. This role presents an exciting opportunity to work with clients in the UK and contribute to the success of the company.

  • Pensions Consultant Specialist

    7 days ago

    Manchester, United Kingdom Oliver James Full time

    Pensions Consultant Specialist RoleWe are seeking an experienced Pensions Consultant Specialist to join our team at Oliver James. In this role, you will be responsible for implementing a new customer journey for DB pension schemes and advising on how the business can improve and develop their customer experience. This includes overseeing consumer duty...

  • Civil Engineer

    4 weeks ago

    Manchester, United Kingdom BWB Consulting Ltd Full time

    About Our Graduate ProgrammeBWB Consulting Ltd is a leading engineering and environmental design consultancy with a proven reputation for technical excellence and exceptional client satisfaction. We are recruiting Graduates across our business to join our 2025 Graduate Programme.Our Graduate Programme offers a unique opportunity for ambitious and passionate...

  • Pension Actuarial Consultant

    10 hours ago

    Manchester, United Kingdom Gallagher Benefit Services Full time

    About the RoleWe are looking for an experienced Pension Actuarial Analyst to join our team at Gallagher Benefit Services. As a key member of our actuarial consulting team, you will be responsible for providing expert advice and support to our clients on a range of pension scheme issues.Key ResponsibilitiesKey responsibilities of the role include:Preparation...