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Barnett Waddingham

Consulting Actuary - Public Sector

London
Posted about 20 hours ago
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Description

This role is aimed at qualified actuaries (or those close to qualifying) with experience in the Local Government Pension Scheme (LGPS) who are keen to further develop their consulting career. You will work towards becoming a Scheme or Corporate Actuary while building your own portfolio across LGPS clients. There is also scope to take on Team Leader responsibilities, supporting delivery, governance activity and working with Senior Actuaries to set priorities.

You will join a growing team with strong demand for LGPS actuarial and governance work, including new regulatory driven projects. The role offers broad exposure, from funding strategy, employer risk and asset pooling through to governance support, employer transitions and statutory reporting. Strong organisational skills and the ability to work collaboratively across a busy client portfolio will be key.

A Snapshot Of Your Day

  • Client consulting, acting as a key contact for a range of clients, including LGPS funds and employers
  • Supporting Partners in managing client relationships, helping to identify and resolve issues as they arise
  • Attending client meetings, contributing to discussions and identifying opportunities to support clients
  • Reviewing draft client reports and advice, ensuring clarity and consistency
  • Applying actuarial techniques and principles to assess risk and uncertainty in pensions
  • Checking work of other team members, ensuring accuracy and compliance with LGPS regulations
  • Assisting with new business opportunities, including supporting tenders and pitch processes
  • Supporting team management activities, helping to coordinate workload and maintain delivery standards
  • Maintaining an understanding of current pensions developments and sharing relevant insights with clients
  • Contributing to the delivery of high-quality client work within agreed timescales
  • Supporting corporate accounting work and identifying opportunities to provide additional services where appropriate
  • Peer reviewing colleagues’ work where appropriate

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.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your 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.

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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.

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Strong

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.

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Strong

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.

We Would Love To Hear From You If You Have:

  • Fellowship Actuarial Qualifications FIA / FAA or equivalent
  • DB Pension experience is essential
  • Demonstrated experience leading a team and excellent people management skills
  • Good IT skills
  • Project management and time management skills
  • Excellent communication skills and good networking skills
  • Ability to take forward new ideas

What's In It For You

  • Competitive discretionary annual bonus.
  • Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading.
  • A generous pension scheme where we contribute 8% of your salary from day one of your employment.
  • Employee Assistance Programme to support you and your family through any concerns or challenges you may experience.
  • A comprehensive range of voluntary benefits to suit your life stage and lifestyle including a tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
  • For a full list of benefits, please click here
  • Working with an award winning LGPS team holding three stars in the “best companies” ranking

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Accessibility

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here

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We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to careers@barnett-waddingham.co.uk.

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Skills

Actuarial Qualifications
DB Pension Experience
Team Leadership
People Management
IT Skills
Project Management
Time Management
Communication Skills
Networking Skills
Client Consulting
Risk Assessment
Governance Support
Statutory Reporting
Client Relationship Management
Draft Report Review
New Business Development

Location

London, England, United Kingdom

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