KPMG UK
Defined Benefit Actuarial Student - Consultant
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Defined Benefit Actuarial Student - Consultant
Location: London, Birmingham, Manchester
KPMG’s Pensions Advisory business continues to build out its new pensions team, and requires individuals that can bring different skill sets to the team.
We are looking for a talented Consultant to join our team, who will be responsible for working closely with colleagues in defined benefit pensions.
What will you be doing?
- Advise on DB journey planning, risk management, and endgame options (self‑sufficiency, buy‑out, surplus)
- Provide funding advice to sponsors and support compliance with the DB Funding Code
- Advise on contingent funding arrangements and special purpose vehicles (SPVs)
- Deliver pensions due diligence for mergers and acquisitions
- Support member education and communications
- Advise on benefit change, benefit design, governance, and regulatory compliance
- Analyse client data using actuarial techniques, models, and firm‑approved tools
- Produce high‑quality actuarial calculations, reports, and draft client communications
- Review and challenge actuarial assumptions and results for reasonableness
- Support end‑to‑end delivery of client projects within agreed timelines
- Assist with day‑to‑day case management, administration, and progress tracking
- Develop specialist technical knowledge and understanding of DB schemes and pensions accounting
- Maintain effective communication and collaboration within the team
- Support financial management, including billing and debt collection
Reasons to use Rodeo
Start with a chat, not a search bar
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.
It 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.
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 will you need?
- Strong understanding of actuarial, accounting, financial reporting standards, and pensions regulation
- Maintains up‑to‑date industry knowledge and applies KPMG methodologies
- Uses firm‑approved tools and technology to enhance quality and insight
- Applies professional scepticism, objectivity, and independence to actuarial work
- Produces high‑quality documentation and audit trails aligned to actuarial standards
- Embeds a culture of high challenge and high support, aligned to firm values
- Demonstrates curiosity and critical thinking in day‑to‑day work
- Leads and supports a coaching culture where challenge and inclusion are encouraged
- Acts with accountability, professionalism, and in the public interest
- Works collaboratively across teams, promoting inclusion, purpose, and team spirit
Skills
- Experience in pensions actuarial work within a consultancy or Big 4 environment
- Knowledge of DB pension valuations, roll‑forward methodologies, and actuarial techniques
- Strong understanding of the UK pensions landscape and regulations
- Excellent analytical, numerical, and problem‑solving skills with strong attention to detail
- Confident communicator with strong stakeholder management and relationship‑building skills
- Highly organised, self‑driven team player able to perform in a fast‑paced, high‑pressure environment
Qualifications
Get help with your application
Your very own career expert that helps elevate your application to the next level.
- Undergraduate degree with a mathematical / financial nature (E)
- Training to be a qualified actuary - FIA (or equivalent) (E)
Our Locations
We are open to talk to talent across the country but our core hubs for are:
- London Canary Wharf
- Birmingham
- Manchester
With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.
Find out More
Within Tax we have a range of divisions and specialisms. Click the links to find out more below:
- Tax at KPMG Tax & Law
- About our firm
- KPMG Culture. Being Inclusive
- KPMG Workability and Disability confidence
For additional support in applying, please click the links to find out more:
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location