Lane Clark and Peacock

History

LCP is a specialist actuarial consulting firm with over 85 partners and over 400 personnel, including approximately 100 qualified actuaries and 70 actuarial students. The firm originated from a sole practice founded in 1947 and in 1962 began to trade under the name "Lane Clark & Peacock".

We set ourselves high professional standards, reflected in the fact that we have won the European Pensions Consultancy of the Year in 2010 and a host of other awards. So whether you join our Pensions, Investment or Insurance team, you can be sure you'll be working with some of the very best and brightest in their field.

LCP offers a full range of actuarial and related employee benefit advice to employers and pension scheme trustees of various sizes and in many industries as well as to individuals, especially directors and expatriates. Specialist departments also provide pension administration services, investment consulting and general insurance advice. Our depth of resource and experience means that we undertake almost any assignment related to pensions and general insurance.

The work encompasses traditional actuarial valuations, investment strategy and performance measurement, benefit design, communicating with members, advising on the pension implications of mergers and acquisitions, international advice, and accounting for pension costs.

The work of the actuarial student

One of the great benefits of working for LCP is the variety of projects you'll be working on and the range of tasks involved in completing them. For example, you could be helping with pension scheme valuations, monitoring investment manager performance or assessing the impact of unlikely events. You could be building a spreadsheet model, using our own software, drafting letters to clients or writing full reports. There are also plenty of opportunities for client contact, right from early on in your career.

Minimum academic requirements

We welcome graduates from a wide range of disciplines who are prepared for the high level of mathematical content the actuarial training and profession delivers. Ideal graduates would have at least a 2.1 honours degree (or equivalent) and an A grade in A-level mathematics (or equivalent). We also require good A-level grades in other subjects equating to a total of 320 UCAS points.

Professional development

LCP sets great store by students passing their exams and qualifying as quickly as possible; the firm also has a major programme of in-house training. After an intense introductory course, regular training sessions are held throughout the first three years, covering every aspect of the business. Senior staff also receive training to keep their technical knowledge up to date and to improve their managerial and presentation skills. We provide comprehensive support for the actuarial exams, including payment of tuition, tutorial, and examination fees and generous study leave.