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Consultant

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Job Description - Consultant

Consultant

LCP is an award-winning consultancy providing advice on pensions, investments, insurance, energy, health analytics and employee benefits. We advise nearly one quarter of the FTSE250 and half of the FTSE100 firms.

What we do

The Pensions Management Consulting (PMC) practice is a growing and successful department, currently based in London. We provide a wide range of consultancy services to pension schemes of all shapes and sizes and advise both trustee and corporate clients. We are committed to delivering services of the highest quality and work closely with our clients to make sure the pension schemes we advise are run as well as possible.

We are a diverse and inclusive team of 26 staff members and partners known for our drive, energy and enthusiasm. Our backgrounds include, pensions administration, pensions actuarial, in-house roles, legal and governance. We place great emphasis on the investment and development of our staff, who are at the core of what we do and our continued success. We are looking for bright and enthusiastic individuals to further strengthen our department.

Some of our key services and activities include:

  • Helping our clients manage and run their pension schemes effectively, which often involves acting as the named trustee secretary and advising on all aspects of scheme governance
  • Advising on best practice for pension schemes by running interactive exercises to help trustees and sponsors assess their effectiveness and implement improvements
  • Designing and leading bespoke procurement exercises for our clients (including administration and independent professional trustee selection exercises), requiring us to be experts in numerous areas of the market and undertake detailed research with the various service providers
  • Project managing a wide variety of projects for our clients, for LCP, and for the wider pensions industry
  • Client relationship management – we develop very close relationships with the clients and other advisers that we work with

What will you be doing?

  • Work with colleagues across the department and wider firm to deliver all aspects of trustee secretarial support to ongoing clients
  • Take on individual named Trustee Secretary appointments
  • Participate in the development of LCP’s governance services and deliver governance consulting services to clients to ensure best practice with regulation and industry guidance
  • Work with colleagues to deliver standalone project support to clients including adviser procurement
  • Act as the main point of contact for some clients
  • Participate in new business tenders and pitches and contribute to the development and marketing of PMC services
  • Provide in-house support to clients from time to time as required; this may be in the capacity of pensions manager, Trustee Secretary or pensions team member
  • Take responsibility for managing own workloads, effectively managing client relationships and demonstrating a high level of self-motivation to seek new opportunities for development
  • Play an active role in the development of junior department staff (possibly including line management and appraisal duties)

What skills and qualities are we looking for?

Candidates must have extensive experience providing pensions consulting support either in-house or at another consultancy. Candidates will be expected to demonstrate a strong understanding of all aspects of running a pension scheme and provide examples of having helped schemes meet their regulatory obligations and solve problems. We would anticipate experience in some or most of the following areas:

  • Organising trustee meetings, drafting agendas, producing meeting packs, preparing trustee papers, attending meetings, presenting items, producing minutes and producing and managing actions logs
  • Managing Member Nominated Trustee exercises
  • Putting in place and reviewing risk registers
  • Dealing with regulatory bodies and third parties
  • Monitoring invoices and budgets and managing audit processes
  • Dealing with Internal Disputes Resolution Procedures
  • Helping schemes develop their response to regulatory initiatives (e.g. The Pensions Regulator’s General Code of Practice)
  • Delivering project and change management, advice and support

Experience in some or all of the following areas would also be beneficial:

  • Acting as an interim pensions manager for schemes
  • Providing strategic direction to either trustees or corporates
  • Carrying out trustee effectiveness reviews
  • An interest in trustee governance and best practice
  • Carrying out marketing activity

Acceptable candidates are expected to have the ability to:

  • Build and manage relations with clients and internal colleagues
  • Anticipate the changing needs of clients and promote services proactively
  • Be flexible and adaptable to work demands as needed from time to time
  • Communicate clearly, in both written and oral form and deliver presentations
  • Work to deadlines, demonstrating effective project management skills
  • Demonstrate commercial awareness and proactively seek out opportunities
  • Work collaboratively in a team environment
  • Participate effectively in team discussions

Candidates will ideally hold a professional pensions qualification (e.g. APMI or FPMI) and are expected to demonstrate their commitment to continued professional development.

What’s in it for you?

Take a look at our and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

  • Hybrid working (varies by role and department)
  • professional study support (where applicable)
  • Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks

For your family:

  • Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

For your health:

  • 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy &sell holiday
  • Private medical insurance
  • Discounted gym memberships, critical illness and dental insurance through our flexible benefits
  • Eye care vouchers
  • Digital GP services

For your wealth:

  • Competitive pension scheme
  • Discretionary bonus scheme
  • High street discounts

For others:

  • Volunteering opportunities

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - to discuss how we can support you with your application.

LCP currently holds a sponsorship license for skilled worker visas, allowing us to assist with applications aligning with the UK Government's criteria for skilled worker sponsorship. If you anticipate needing sponsorship for a skilled worker visa, we recommend reviewing the sponsorship criteria for your desired role before applying to LCP.

Recruitment agencies

LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs from agencies who are not part of our current PSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. If this process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs are submitted to any employee or Partner at LCP.

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