Barnett Waddingham
Actuarial Consultant | DB Pensions

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Actuarial Consultant
We are seeking an Actuarial Consultant to join our team. This is an exciting opportunity for a more recently qualified actuary, or a part-qualified actuary who is working toward qualifying with 3–4+ years’ experience. The role could also be suitable for members of an actuarial team who are keen to move into a consulting role, including those working toward qualification with a view to ultimately progressing to a Scheme Actuary or Corporate Actuary position. We offer excellent progression opportunities through to Partner.
Our services are designed to support trustees and employers by delivering pragmatic advice that brings clarity to complex issues such as investing assets, de-risking, longevity, risk management, and the impact of legislative changes. We undertake a range of services for clients, including full-service actuarial consulting, investment consultancy, and standalone projects such as mergers and acquisitions.
Key Responsibilities
- DB pensions experience is essential.
- Calculate complex individual member calculations, check straightforward calculations and progressing to checking more complex calculations
- Undertake the bulk of the calculations for an actuarial valuation
- Reviewing draft client reports and advice and draft member communications
- Working with a Client Account Manager to assess the objectives and requirements of the organisation seeking advice
- Aim to become a Client Account Manager for a number of clients and starting to take on a number of Client Account Manager duties
- Attend client meetings and take an active role where applicable
- Supporting various types of client projects and working with our corporate team on a wide range of areas
- General consultancy, dealing with clients’ and third party queries and day to day correspondence providing technical advice where needed
- Client management, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with senior members of the client teams
- Design and management of surveys and using statistical techniques in order to analyse and interpret the quantitative data collected
- Use of a variety of techniques and theoretical principles to establish probability and risk in respect of areas such as pensions
- Assist with developing the practice area services (for example, Experian reviews), assist in developing procedures/tools to extend the range of the practice areas work/services and assist in producing practice area newsletters and marketing material
- Research new and/or technical topics and report back to the team
- Check work of others and help with more recent new graduates/colleagues and training and developing junior members of the team
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What We Are Looking For
- Actuarial qualifications FIA / FAA or if training to be a qualified FIA / FAA, part-qualified and making progress through the exams
- Good IT skills and presentation skills
- DB pensions experience or a solid understanding of the basics of pensions


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What’s in it for you
- Competitive discretionary annual bonus
- Generous pension scheme (8%)
- Core benefits for you including private medical cover, life assurance (x4 - x10), group income protection (65%), and up to 30 days holiday per year with holiday trading
- A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
For a full list of benefits, please click here.
Happy to talk flexible working.
Accessibility
We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Not quite the right opportunity for you this time?
For more about us and other Careers at BW, please click here.
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