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Deloitte Total Rewards and Benefits

Student opportunities in Consulting

The Deloitte Total Rewards and Benefits (DTRB) team provides a premier pensions, investment, employee benefits and reward advisory service to a wide range of national and international clients.

What is DTRB?

Providing employees with a competitive and flexible reward package (pay, pension, bonuses and other employee benefits) is very important for companies to attract and retain talented employees. Deloitte Total Reward and Benefits, is the part of Deloitte that provides companies and pension scheme trustees with advice and support on setting up, running, managing the risk and costs of these pension and other benefit arrangements. As such DTRB is comprised of a wide range of experts including pensions actuaries, pensions consultants, investment specialists, employee benefits and rewards specialists. Each year we recruit graduates into a range of these positions throughout the UK.

We take the development of our team very seriously; our team members receive the best training and full on-the-job support to equip them with the skills required to excel in their roles. Our training program will depend on the specialism you apply for, but we provide continuous feedback to aid development and work with each individual to support them in achieving their own career goals. Furthermore, we foster an open and friendly working environment which provides an excellent opportunity to learn directly from the wide range of experts within the practice.

What do our pensions actuaries do?

Our pensions actuaries advise a wide range of companies on running their defined benefit (DB) pension schemes. Types of work include: 

  • advising corporates on their pension strategy;
  • advising pension scheme trustees on running their DB pension schemes and conducting pension scheme valuations;
  • advising corporates considering merging with or acquiring a business with a DB pension scheme;
  • advising corporates managing their pensions risk, for example by conducting liability management exercises; and 
  • advising corporates manage their pensions costs, for example by advising on valuations and deficit financing.

 

What we look for in our graduates applying to train as a pensions actuary

Individuals who:

  • want to study to become an actuary;
  • enjoy problem solving using large scale data sets and statistical techniques;
  • adopt a structured approach to problem solving;
  • are able to adapt their skill-sets;
  • have strong communication skills; and
  • highly focussed on quality and timely delivery.

 

Academic and technical requirements:

  • A degree in a mathematics/economics/statistics/other quantitative discipline; and
  • Good/advanced knowledge of Excel.

What do our investment specialists do?

Our investment specialists advise sponsoring companies and trustees of pension schemes on their investments. Types of work include: 

  • advising on a DB pension scheme’s investment strategy, for example the allocation between equities, bonds and other investments; 
  • advising on a DC pension scheme’s investment fund options and the investment strategy of the default option;
  • advising corporates and pension scheme trustees on alternative investments such as swaps and liability driven investment;
  • conducting asset liability modelling; and
  • assisting corporates and pension scheme trustees select investment managers.

 

What we look for in our graduates applying to train as an investment specialist

Individuals who:

  • want to study to become a Chartered Financial Analyst or an actuary;
  • enjoy problem solving using large scale data sets and statistical techniques;
  • adopt a structured approach to problem solving;
  • are able to adapt their skill-sets;
  • have strong communication skills; and
  • highly focussed on quality and timely delivery.

 

Academic and technical requirements:

  • a degree in a mathematics/economics/statistics/other quantitative discipline 
  • good/advanced knowledge of Excel.

What do our pensions and employee benefits consultants do?

Our pensions and employee benefit consultants advise companies on their defined contribution (DC) pension schemes and wider employee benefits. Types of work include:

  • advising on the design and running of DC pension schemes;
  • advising corporates on selecting a DC pension scheme provider; and
  • advising corporates on other employee benefits, such as group risk benefits and flexible benefits.

 

What we look for in our graduates applying to train as a pensions and employee benefits consultant

Individuals who:

  • adopt a structured approach to problem solving;
  • are able to adapt their skill-sets;
  • have strong communication and interpersonal skills; and
  • highly focussed on quality and timely delivery.

 

Academic and technical requirements:

  • a degree in any discipline.
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