Actuarial Manager | DB Consolidation | Up to £80k

Company: BWD Search & Selection
Apply for the Actuarial Manager | DB Consolidation | Up to £80k
Location: London
Job Description:

Actuarial Manager | DB Consolidation | Up to £80k

Location

UK-wide hybrid, Manchester, Edinburgh, Glasgow, Leeds, London. Other office locations will be considered.

Package

Checker, Up to £80,000 base + bonus | Doer, £45,000-65,000 base + bonus

Traditional DB pension management is often slow and bogged down by governance. This role sits within a team at the forefront of Operational Consolidation, providing a “one-stop-shop” solution that replaces traditional, inefficient models.

Using their award-winning Pension Platform, this team manage over 65 schemes collectively. By bringing administration, actuarial, and investment services under one roof, they can provide “big scheme” service and £1bn+ investment buying power to schemes of all sizes.

The Team

  • No More “Boring” Admin: Through a partnership with professional trustees, admin is automated, so you can focus on technical calculations and strategic advice, not secretarial tasks.
  • Market-Leading Growth: With 65+ schemes already on the platform and £3bn in assets, you’re joining a growing DB Master Trust / Consolidator of the Year.
  • End-to-End Ownership: You won’t just see fragments of a scheme. You build the models, you run the numbers, and you see the direct impact on the scheme’s endgame.

The role

  • Heavy involvement in “endgame” planning, including scheme buy-outs, GMP equalisation, and benefit rectification
  • Take ownership of a portfolio of schemes, direct ownership of client communications and attend meetings as you progress
  • Responsibility for valuations, member benefit calculations, funding updates, and accounting disclosures
  • Performing and checking pension liability calculations
  • Manage workflow and mentor junior colleagues

The Individual

  • FIA: Nearly/Newly qualified Actuary, 4-10 years total experience
  • Must have experience in a Pensions Actuarial role within a UK-based consultancy
  • Technical understanding of how calculations work, not just how to populate models
  • Appetite to take responsibility and organise your own portfolio

This team offers clear promotion pathways based on capability and contribution, and full ownership of schemes and end-to-end work, unlike competitors. Open to part-time and full-time.

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Posted: May 25th, 2026