Job Description
Deadline for applications is 17.30 on Wednesday 3rd June 2026.
Find out more about the daily tasks, overall responsibilities, and required experience for this opportunity by scrolling down now.
Role-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?
• Advise on DB journey planning, risk management, and endgame options (self sufficiency, buy out, surplus)
• Provide funding advice to sponsors and support compliance with the DB Funding Code
• Advise on contingent funding arrangements and special purpose vehicles (SPVs)
• Deliver pensions due diligence for mergers and acquisitions
• Support member education and communications
• Advise on benefit change, benefit design, governance, and regulatory compliance
• Analyse client data using actuarial techniques, models, and firm approved tools
• Produce high quality actuarial calculations, reports, and draft client communications
• Review and challenge actuarial assumptions and results for reasonableness
• Support end to end delivery of client projects within agreed timelines
• Assist with day to day case management, administration, and progress tracking
• Develop specialist technical knowledge and understanding of DB schemes and pensions accounting
• Maintain effective communication and collaboration within the team
• Support financial management, including billing and debt collection
What will you need?
• Strong understanding of actuarial, accounting, financial reporting standards, and pensions regulation
• Maintains up to date industry knowledge and applies KPMG methodologies
• Uses firm approved tools and technology to enhance quality and insight
• Applies professional scepticism, objectivity, and independence to actuarial work
• Produces high quality documentation and audit trails aligned to actuarial standards
• Embeds a culture of high challenge and high support, aligned to firm values
• Demonstrates curiosity and critical thinking in day to day work
• Leads and supports a coaching culture where challenge and inclusion are encouraged
• Acts with accountability, professionalism, and in the public interest
• Works collaboratively across teams, promoting inclusion, purpose, and team spirit
Skills-
• Experience in pensions actuarial work within a consultancy or Big 4 environment
• Knowledge of DB pension valuations, roll forward methodologies, and actuarial techniques
• Strong understanding of the UK pensions landscape and regulations
• Excellent analytical, numerical, and problem solving skills with strong attention to detail
• Confident communicator with strong stakeholder management and relationship building skills
• Highly organised, self driven team player able to perform in a fast paced, high pressure environment
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: :
• London Canary Wharf
• Birmingham
• Manchester
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 ( .uk)
About our firm: About our firm ( .uk)
KPMG Culture. xwwtmva Being Inclusive: Being inclusive ( .uk)
KPMG Workability and Disability confidence: Need Support? Let us know ( .uk)
For additional support in applying, please click the clinks to find out more:
Applying to KPMG: for interview: values: Competencies: Locations and FAQ: Locations and FAQ:
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