Scheme Actuary

2026-09-29T00:00:00

England, United Kingdom

GB

Any

2026-12-28T19:02:05.447

About First Actuarial

First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. More than two decades later, our strong growth path has continued year on year, and we now employ over 500 people across seven locations.

First Actuarial is owned by Gallagher, one of the world's leading insurance brokers, risk management and consulting firms. First Actuarial forms part of Gallagher's UK Benefits & HR Consulting division (GBS UK).

GBS UK is a leading provider in the pensions consultancy market, offering a full end-to-end retirement proposition, including actuarial and investment consulting, risk transfer, pensions administration and retirement communications. With experts positioned across all regions, we support pension schemes of all sizes across the full range of solutions.

First Actuarial operates nationally with more than 550 colleagues across seven UK offices. Our focus is on delivering high-quality advice and service at a fair and transparent level of fees.

As we develop our business, opportunities for our people grow. Our offices in Basingstoke, Birmingham, Leeds, Manchester, Peterborough, Tonbridge, and London provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. We also provide support and helpful feedback, so we all learn and improve.

We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we're known for our integrity. We're happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.

The Role

We're looking for nearly or newly qualified actuaries to join any of our seven offices.

Responsibilities

Reviewing actuarial calculations e.g. triennial valuations

Drafting and reviewing standard and bespoke communications

Liaising with Trustees at meetings, by telephone and e-mail

Monitoring deadlines and actions on a portfolio of schemes

Not all the work we do is traditional actuarial work - you probably know we often challenge conventional thinking. So, we'd be able to give you lots of variety and challenge - utilising your well-honed actuarial skills and bringing your own thinking.

Your Skills and Experience

Experience: from 4 years, with at least most, if not all, of the actuarial exams.

A UK pensions consulting background and sound technical knowledge

An excellent communicator who understands how to express complicated ideas in a concise and clear way.

A good technical understanding of UK pensions work.

Characteristics: a can-do, enthusiastic approach to tackling problems, and a desire to build pro-active teams with your colleagues and clients.

What We Offer

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. The minimum core benefits you'll get, depending on your job level, may include:

Minimum of 27 days holiday, plus bank holidays, and the option to 'buy' 10 more days

Defined contribution pension scheme, which Gallagher will also contribute to

Life insurance, which will pay 4x your basic annual salary, with the option to top-up to 10x

Income protection, covering up to 50% of your annual income, with options to top up

Health cash plan or Private medical insurance

Other benefits include:

Three fully paid volunteering days per year

Employee Stock Purchase plan, offering company shares at a discount

Share incentive plan, HMRC approved, tax effective, stock purchase plan

Critical illness cover

Discounted gym membership, with over 3,000 gyms nationally

Season ticket loan

Access to a discounted voucher portal to save money on your weekly shop or next big purchase

Emergency back-up family care

We have hybrid working in place for colleagues who prefer homeworking for part of the week. We're also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one.

Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants. Please note that we can only accept candidates who have a right to work in the UK.

#s1-Gen

First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. More than two decades later, our strong growth path has continued year on year, and we now employ over 500 people across seven locations.First Actuarial is owned by Gallagher, one of the world's leading insurance brokers, risk management and consulting firms. First Actuarial forms part of Gallagher's UK Benefits & HR Consulting division (GBS UK).GBS UK is a leading provider in the pensions consultancy market, offering a full end-to-end retirement proposition, including actuarial and investment consulting, risk transfer, pensions administration and retirement communications. With experts positioned across all regions, we support pension schemes of all sizes across the full range of solutions.First Actuarial operates nationally with more than 550 colleagues across seven UK offices. Our focus is on delivering high-quality advice and service

at a fair and transparent level of fees.As we develop our business, opportunities for our people grow. Our Basingstoke, Birmingham, Leeds, Manchester, Peterborough, Tonbridge, and London offices provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. And we provide support and helpful feedback, so we all learn and improve.We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we're known for our integrity. We're happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.The roleWe're looking for nearly or newly qualified actuaries to join any of our seven offices.ResponsibilitiesReviewing actuarial calculations e.g. triennial valuationsDrafting and reviewing standard and bespoke communicationsLiaising with Trustees at meetings, by telephone and
e-mailMonitoring deadlines and actions on a portfolio of schemesNot all the work we do is traditional actuarial work - you probably know we often challenge conventional thinking. So, we'd be able to give you lots of variety and challenge - utilising your well-honed actuarial skills and bringing your own thinking.Your Skills and ExperienceE xperience: from 4 years, with at least most, if not all the actuarial exams.A UK pensions consulting background and sound technical knowledgeSkills: an excellent communicator who understands how to express complicated ideas in a concise and clear way.A good technical understanding of UK pensions work.Characteristics: a can do, enthusiastic approach to tackling problems, and a desire to build pro-active teams with your colleagues and clients.What we offer youOn top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.Below are the minimum core benefits you'll get, depending
on your job level these benefits may improve:Minimum of 27 days holiday, plus bank holidays, and the option to 'buy' 10 more daysDefined contribution pension scheme, which Gallagher will also contribute toLife insurance, which will pay 4x your basic annual salary, which you can top-up to 10xIncome protection, we'll cover up to 50% of your annual income, with options to top upHealth cash plan or Private medical insuranceOther benefits include:Three fully paid volunteering days per yearEmployee Stock Purchase plan, offering company shares at a discountShare incentive plan, HMRC approved, tax effective, stock purchase planCritical illness coverDiscounted gym membership, with over 3,000 gyms nationallySeason ticket loanAccess to a discounted voucher portal to save money on your weekly shop or next big purchaseEmergency back-up family careWe have hybrid working in place for colleagues who prefer homeworking for part of the week. We're also flexible on working day
arrangements and will happily accommodate a range of personal commitments from day one.Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants.Please note that we can only accept candidates who have a right to work in the UK. #J-18808-Ljbffr

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