Graduate Actuarial Analyst – Pension Schemes

Job title:

Graduate Actuarial Analyst – Pension Schemes

Company

Gallagher Benefit Services

Job description

IntroductionDiscover a world of endless possibilities at Gallagher Benefit Services, where you’ll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
OverviewLocation: London, Manchester or IpswichStart: September 2025Applications open until 1st November 2024Here at Gallagher, following a period of sustained growth and success which includes the acquisition of Buck in 2024, as well as a whole host of award wins, we are looking to continue this growth with making a number of graduate hires into our Pension actuarial consulting team to support our future growth plans.These roles are to be based in Manchester, London or Ipswich and are to start in September 2025.We’re looking for self-motivated, personable, and driven individuals studying a STEM (Science, Technology, Engineering or Maths) degree subject and having obtained or on course for a 1st or 2:1 classification. In return, we’ll deliver to you an unrivalled training and exam support programme, as well as the opportunity to forge a career within a well-regarded, long-established organisation operating in the UK Pensions and Benefit consulting world, even if we do say so ourselves!How you’ll make an impactTo give you a flavour of a typical week within this role, here are some of the responsibilities:

• Working within a diverse team of qualified and part qualified actuaries to support our pension scheme clients
• Handling the preparation of valuations
• Undertaking accounting disclosures
• Coordinating data collection; including editing and testing data received from clients
• Preparing letters, reports, and other client materials
• Assisting in developing administrative procedures and forms used by clients
• Checking day to day member calculations
• Participating in internal projects, handling special projects or assignments as needed
• Assisting scheme consultants with the consultancy aspects of pension schemes
• Establishing strong working relationships with clients and colleagues, with early access to clients thought preparing for and attending client meetings
• Day-to-day correspondence with clients and third parties

• Building up consulting knowledge on actuarial and non-actuarial aspects of pension plans

About YouThe longer-term objective of this role is for you to progress towards qualifying as an Actuary and obtaining a Scheme Actuary certificate and holding responsibility for managing a portfolio of clients as well as supporting individuals within the team and acting as a client manager for a number of these. We will fully support and sponsor the attainment of these actuarial qualifications – both financially and with surrounding you with colleagues that can help you develop and expand your learning.Why join Gallagher:

• Your Career is our motivation – working as part of a small but highly collaborative, you get the level of responsibility and client exposure rarely experienced working for some of our larger competitors. We pride ourselves on providing excellent support at all levels to drive your ambitions and career developments goals.
• Our commitment to you – we offer a competitive and comprehensive benefit package and are committed to providing a highly collaborative, stimulating working environment and are committed to flexible working and diversity & inclusion.
• Diversity of clients – we work with leading UK and international corporations, across a variety of sectors and industries, where no two clients are the same!
• We are client focussed – unlike some of our competitors, we offer bespoke and tailored solutions to our clients, not a one size fits all solution.
• Excellent client exposure from the start of your career – we believe that it is important for individuals to have direct client exposure at the start of their career. This provides you with the opportunity to develop client relationships and provides you with a greater understanding of your clients’ long term objectives.

Unfortunately, these roles cannot be offered as fully-remote positions and we cannot provide any Visa sponsorship at this time; therefore we cannot consider applicants on Student or Graduate Visas.#LI-TM2
Compensation and benefitsOn 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 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover 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
• And many more…

We value inclusion and diversityInclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.Should you require reasonable adjustments to your application, please get in touch with . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Expected salary

Location

Ipswich, Suffolk

Job date

Mon, 14 Oct 2024 04:24:11 GMT

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