About First Actuarial
First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. More than two decades later, our strong growth path has continued year on year, and we now employ over 500 people across seven locations.
First Actuarial is owned by Gallagher, one of the world’s leading insurance brokers, risk management and consulting firms. First Actuarial forms part of Gallagher’s UK Benefits & HR Consulting division (GBS UK).
GBS UK is a leading provider in the pensions consultancy market, offering a full end-to-end retirement proposition, including actuarial and investment consulting, risk transfer, pensions administration and retirement communications. With experts positioned across all regions, we support pension schemes of all sizes across the full range of solutions.
First Actuarial operates nationally with more than 550 colleagues across seven UK offices. Our focus is on delivering high-quality advice and service at a fair and transparent level of fees.
As we develop our business, opportunities for our people grow. Our Basingstoke, Birmingham, Leeds, Manchester, Peterborough, Tonbridge, and London offices provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. And we provide support and helpful feedback, so we all learn and improve.
We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we’re known for our integrity. We’re happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.
Skills and experience
- At least 2 years in a DB pensions administration role Progression in a PMI qualification or equivalent, or willing to study for one.
- Excellent communication skills, with ability to express complicated ideas in a concise and clear way.
- Ability to calculate pensions and interpret scheme rules
- Good awareness of legislative issues
- Self-motivation and ability to work autonomously, in line with the responsibilities that the role requires
- Ability to meet client SLAs, contribute to good practice and foster the development of junior team members
- Experience of running pension payrolls is desirable but not essential
Responsibilities
- You will make an active contribution to team goals, develop your skills and broaden your experience. You will be responsible for
- Delivering pragmatic solutions
- Preparing helpful and informative documentation
- Talking to pension scheme members, clients and third parties
- Guiding scheme members through their pension journey.
- Providing support to the payroll team (training will be provided)
What we offer you
On 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 27 days holiday, plus bank holidays, and the option to ‘buy’ 10 more 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
We have hybrid working in place for colleagues who prefer homeworking for part of the week. We’re also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one.
Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants.
Please note that we can only accept candidates who have a right to work in the UK.
