Actuarial Consulting (Pensions) - Summer Internship 2025

Job Details

Actuarial Consulting (Pensions) - Summer Internship 2025

Experience life as a Summer Intern within the Actuarial department!

LCP is an award-winning actuarial and analytics consultancy providing advice on pensions, insurance, investments, energy, employee benefits and health. We fuse human expertise with powerful analytics to shape a more positive future for our clients and people. 

The Opportunity:

Dive into the world of LCP, where your journey in actuarial consulting isn't just about crunching numbers, instead striking a exciting balance between technical work and consulting. You will learn how we use data and complex models to explore vast financial landscapes, how we advise industry giants, and make a tangible difference to the lives of millions of pension scheme members.

The Role:

As a Summer Intern you will be involved with:

• Analysing data and performing calculations both at individual member and scheme level
• Using LCP in-house software to model pension scheme cashflows and produce analysis for client reports
• Preparing figures and analysing the impact of pension schemes on balance sheets of UK and international companies
• Working with senior actuaries to set key assumptions to value liabilities
• Contributing to letters and reports for clients
• Learning about pension risk transfer and post-transaction projects
• Researching and presenting a technical topic to LCP peers

What We’re Looking For: 

• A Level Maths A Grade (taking into account any contextualisation of grades). 
• Studying for a Degree in any subject and on track for 2:1 or above
• Problem solving, numeracy and analytical skills  
• Excellent communication skills  

Why should you choose LCP?

• Vibrant Culture: Join an environment brimming with fun, collaboration, and mutual growth.
• Gain Experience: Build your knowledge with exposure to real projects and work.
• Network: Opportunity to learn from experienced professionals and build a network. 
• Future Opportunities: Potential for future career opportunities on our Graduate Programme.
• One office culture: You can choose to apply for a role at either our London or Winchester office, to suit your preference. Our one office culture, with collaborative cross office working, ensures you will get equal opportunities, recognition and career progression regardless of your choice of location.

About Lane Clark & Peacock

We fuse human expertise with powerful analytics to shape a more positive future. LCP has market leading capabilities across pensions and financial services, energy, health and analytics. We use our breadth of knowledge and skills to help our clients solve problems and embrace opportunities.

Equity, Diversity & Inclusion

We aim to nurture an inclusive environment, where you can always feel comfortable to be who you are and feel empowered to stand up for what you believe in. We feel very passionate about breaking down barriers in our industry which is why we have four employee-led networks that exist to raise awareness about social justice issues. Our LGBT+, Women’s, Multicultural and Wellbeing networks run a host of programmes and events that tackle big issues and bring people together.

Sustainability

We are proud of our commitments to run our business in a responsible, sustainable way. We are operationally net zero relating to scope 1 and 2 emissions and have a network of Green Champions who raise awareness of climate change and educate colleagues on how to reduce their environmental impact. Our Foundation has donated £200,000 this year supporting charities local to our offices and national charities. We have also spearheaded many personal finance campaigns to get justice for people. We helped thousands of women claim back their underpaid state pension. As a result, the government has made a commitment to pay back nearly £3bn to women.

How to apply

To apply for this role and to find out more, please click on the apply button.

Please note that applications may close before the application deadline, so apply early to avoid disappointment.

4 days remaining to apply for this job