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? <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Advise on DB journey planning, risk management, and endgame options (self‑sufficiency, buy‑out, surplus)</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Provide funding advice to sponsors and support compliance with the DB Funding Code</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Advise on contingent funding arrangements and special purpose vehicles (SPVs)</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Deliver pensions due diligence for mergers and acquisitions</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Support member education and communications</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Advise on benefit change, benefit design, governance, and regulatory compliance</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Analyse client data using actuarial techniques, models, and firm‑approved tools</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Produce high‑quality actuarial calculations, reports, and draft client communications</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Review and challenge actuarial assumptions and results for reasonableness</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Support end‑to‑end delivery of client projects within agreed timelines</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Assist with day‑to‑day case management, administration, and progress tracking</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Develop specialist technical knowledge and understanding of DB schemes and pensions accounting</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Maintain effective communication and collaboration within the team</li> <li style="margin:0.0cm 0.0cm 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Support financial management, including billing and debt collection</li> </ul> What will you need? <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Strong understanding of actuarial, accounting, financial reporting standards, and pensions regulation</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Maintains up‑to‑date industry knowledge and applies KPMG methodologies</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Uses firm‑approved tools and technology to enhance quality and insight</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Applies professional scepticism, objectivity, and independence to actuarial work</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Produces high‑quality documentation and audit trails aligned to actuarial standards</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Embeds a culture of high challenge and high support, aligned to firm values</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Demonstrates curiosity and critical thinking in day‑to‑day work</li> </ul> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Leads and supports a coaching culture where challenge and inclusion are encouraged</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Acts with accountability, professionalism, and in the public interest</li> <li style="margin:0.0cm 0.0cm 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Works collaboratively across teams, promoting inclusion, purpose, and team spirit</li> </ul> Skills- <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Experience in pensions actuarial work within a consultancy or Big 4 environment</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Knowledge of DB pension valuations, roll‑forward methodologies, and actuarial techniques</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Strong understanding of the UK pensions landscape and regulations</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Excellent analytical, numerical, and problem‑solving skills with strong attention to detail</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Confident communicator with strong stakeholder management and relationship‑building skills</li> <li style="margin:0.0cm 0.0cm 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Highly organised, self‑driven team player able to perform in a fast‑paced, high‑pressure environment</li> </ul> Qualifications 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: : <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">London Canary Wharf</li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Birmingham</li> <li style="margin:0.0cm 0.0cm 8.0pt 0.0px;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif">Manchester</li> </ul> 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 (kpmgcareers.co.uk) About our firm: About our firm (kpmgcareers.co.uk) KPMG Culture. Being Inclusive: Being inclusive (kpmgcareers.co.uk) KPMG Workability and Disability confidence: Need Support? 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Defined Benefit Actuarial Student - Consultant (London) @ KPMG UK LLP

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