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Actuarial Manager | DB Consolidation

Job in City of Edinburgh, Edinburgh, City of Edinburgh Area, EH1, Scotland, UK
Listing for: BWD Search & Selection
Full Time, Part Time position
Listed on 2026-01-26
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Portfolio Manager, Financial Consultant
Salary/Wage Range or Industry Benchmark: 80000 GBP Yearly GBP 80000.00 YEAR
Job Description & How to Apply Below
Position: Actuarial Manager | DB Consolidation | Up to £80k
Location: City of Edinburgh

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, 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 offer 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.

Please apply here, or get in touch. It is best to separately email your CV directly to me.

Life & Pensions Actuarial Hiring Lead, Principal Consultant

Get in touch to discuss the market. A range of seniorities and specialisms covered:

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