Average Actuarial Consultant salary in the UK

Who we are At Grant Thornton we’re building something bold. We’re doing things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry. Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership. And we empower our people with real opportunity. Our journey from great to exceptional is well underway. With significant investment behind us and a clear strategy for growth, there’s real momentum.Our Agile Talent Community (ATC) brings together experienced contract professionals who want choice without losing connection. You work where you add the most value, alongside teams who treat you as a partner rather than a placeholder. Joining us in ActuarialWe help our clients manage financial risk, comply with regulations, and make informed business decisions. The world around us is changing and our teams help clients remain agile and adapt to these changes and stay ahead of the competition.Grant Thornton’s Actuarial and Insurance Consulting team provides a wide range of services tailored to insurers, pension schemes, lending institutions, and corporates. Our work spans both business as usual support and strategic, event driven consulting, with a strong focus on regulatory compliance, risk management, and financial transformation.If you’re an experienced interim Actuarial (General Insurance) Manager who’s tired of choosing between freedom and meaningful work, there’s another route. Within our Tax team, you’ll be given the opportunity to take on short- to medium-term projects that sharpen your expertise, stretch your thinking, and give you a different angle on familiar challenges - all without locking you into a single path.We are offering the ability to engage with us via inside IR35 terms.Skills we are looking forProvide Actuarial advice and services to a variety of clients in the General Insurance sectorBuild your personal brand by researching and working on projects relating to a specific technical area, becoming the go-to person in the team for insight and advice.You will engage with all key stakeholders on a regular basis to ensure deadlines are met, risks are managed, and the quality of work is to the highest standard.Strong technical knowledge of corporate tax legislation and regulationsProven experience in managing and developing client relationshipsExcellent communication and leadership skills, with the ability to mentor and develop junior team membersWhy Consultants choose the ATCWork that moves you forward When a project fits your skills, we’ll get in touch, but you choose whether it’s right for you. That means working on engagements that genuinely build your portfolio and expand your expertise. The freedom of contracting without the hidden admin You’re not left to navigate the freelance world alone. Our Agile Talent team helps you understand freelance regulation and connects you with people who broaden your thinking through our teams and clients. Community you can actually feel Connection shouldn’t disappear just because you’re contracting. From market insights to wellbeing sessions to networking events, you’ll be part of a community designed to make the independent path less isolated and more impactful.Our culture and values We have a culture where talented people thrive – where high performance is not just expected but enabled. It’s a culture built on clarity, curiosity, and care. One that challenges us to aim higher, where we’re encouraged to make the most of an abundance of resources to fuel our own development, and where we support each other to grow, learn, and succeed. Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.How to join We keep the process straightforward, because the real work happens once you’re here.Submit your CV and basic details through our online application.If there’s a match, a recruiter will reach out to discuss. Meet key stakeholders for a focused conversation.Complete your background checks, join the Agile Talent Community, and start exploring the opportunities we have to offer. If you need adjustments at any point in the process, please let us know during the application stage - we aim to make sure our roles are accessible to everyone.

Actuarial Consultant DBAnnual Salary: CompetitiveLocation: LondonJob Type: Hybrid (2 days per week in office)We are seeking an Actuarial Consultant to join our dynamic team in London. This role is ideal for a recently qualified actuary or a part-qualified actuary who is actively working towards qualification. With opportunities for progression up to Partner level and essential experience in DB pensions, this position offers a promising career path in actuarial consultancy.Day-to-day of the role:Calculate complex individual member calculations, check straightforward calculations, and progress to checking more complex calculations.Undertake the bulk of the calculations for an actuarial valuation.Review draft client reports and advice, and draft member communications.Aim to become a Client Account Manager for a number of clients, starting to take on various Client Account Manager duties.Attend client meetings and take an active role where applicable.Support various types of client projects, working with our corporate team on a wide range of areas.Provide general consultancy, dealing with clients’ and third-party queries and day-to-day correspondence, providing technical advice where needed.Manage client relationships, taking responsibility for the allocation and completion of work, and meeting deadlines, working directly with senior members of the client team.Required Skills & Qualifications:Fellowship Qualifications FIA / FAA or part-qualified and making progress through the exams.Good IT skills.Strong presentation skills.DB pensions experience or a solid understanding of the basics of pensions.Benefits:Competitive discretionary annual bonus.Generous pension scheme.Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.A comprehensive range of voluntary benefits to suit you and your family, including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, and sports allowance.Paid volunteering and a broad range of retailer discounts.

This Tier 1 Management Consultancy are currently looking for an Actuarial Consultant in the Non-Life Actuarial function.This is a new role as they continue to expand the team due to increasing levels of client demand for their expertise and in this role you will take a lead delivery role, managing small teams of advisors and auditors to a wide range of general insurance companies, in the Retail and Commercial sectors, including within Lloyd's and the London Market. You will get the opportunity to work on a wide range of projects from pricing transformations to governance to data enrichment. .In order to secure this Actuarial Consulting role you must be nearly or fully Qualified and have good experience in either an Actuarial Consultancy or internally for a major corporation. You will also need experience in the following areas:Must have experience of working in a Non-Life Actuarial, General Insurance sectorA demonstrable background in pricing for London Market insuranceIn depth experience of using Hx RenewProven experience in pricing model or technology transformation programmeUnderstanding of regulatory requirements relevant to pricing governanceExperience of managing and building good relationships with Senior Executive levelsEvidence of working on challenging projects, and collaborating with teams from other business groupsExcellent project and people management skills, achieving all critical goals on scheduleThis Actuarial Consultant role is an excellent opportunity for a nearly or fully Certified Actuarial Consultant to really accelerate your career in a team who work with a wide range of truly major clients on challenging transformation programmes. As a reward for your experience you will receive a competitive package of remuneration and on-going training to develop your technical and leadership skills.So if you are looking for a greater variety of work in the Actuarial Non-Life space come and talk to me about what makes this Consultancies roles different?IND_PC2Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.