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- Tasks: Join our GMP Equalisation team to analyse data and support clients in pension equalisation.
- Company: XPS Group is a leading UK consulting firm in pensions and insurance, fostering a vibrant workplace.
- Benefits: Enjoy flexible working, competitive salary, bonus scheme, 25 days holiday, and healthcare cash plan.
- Why this job: Be part of a supportive team, tackle complex actuarial challenges, and contribute to meaningful solutions.
- Qualifications: A keen interest in actuarial concepts and proficiency in Microsoft Excel are essential.
- Other info: Study support for actuarial qualifications is available; we value diversity and inclusivity.
The predicted salary is between 36000 - 60000 £ per year.
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. Our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
We are looking for a number of Actuarial Analysts to join our GMP Equalisation team. This is an exciting role and would most likely suit someone with experience as a qualified/part-qualified pensions actuary who enjoys the technical aspects of actuarial work. We are also interested in hearing from candidates with a pensions administration background.
The Team aims to give our members the best outcomes and security in retirement through the advice we give, the services we deliver and the solutions we develop.
The Role involves working as part of the GMP team to assist clients in equalising pensions for their scheme members. This includes but is not limited to:
- Analysing and interpreting member data with precision
- Conducting detailed reviews of complex calculations
- Crafting clear, written advice for our clientele on GMP equalisation
- Engaging with client teams, offering robust support throughout project lifecycles
- Collaborating with various departments within XPS, ensuring seamless communication
- Exploring specialist research and development opportunities that pique your interest, contributing valuable insights to the team
- Guiding and nurturing the next generation of actuarial talent
Essential Criteria:
- A keen interest in actuarial concepts, the wider pensions industry and financial landscape
- Exceptional proficiency in Microsoft Excel
Desirable Criteria:
- Curiosity and a thirst for knowledge
- Highly motivated and driven to succeed
- Creative problem-solving skills
- Meticulous attention to detail
- Flexibility and a collaborative spirit
What we offer:
- Competitive salary
- Participation in annual discretionary Bonus Scheme
- 25 days holiday plus flexibility to buy or sell holiday
- Flexible Bank holidays
- Pension scheme, matching contribution structure
- Healthcare cash plan
- Flexible Benefits Scheme to support you in and out of work
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
The successful candidate will need to demonstrate the following requirements:
- Right to Work confirmation
- DBS Disclosure check
- Employment or educational references covering five years
- Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued. If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you.
Actuarial Analyst GMP employer: ENGINEERINGUK
Contact Detail:
ENGINEERINGUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst GMP
✨Tip Number 1
Familiarise yourself with GMP equalisation concepts and the latest trends in the pensions industry. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work in pensions or have experience with GMP calculations. Attend relevant webinars or local meetups to build connections that could lead to referrals.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as proficiency in this tool is essential for the role. Consider taking an advanced Excel course to enhance your data analysis capabilities, which will impress potential employers.
✨Tip Number 4
Prepare to discuss your problem-solving approach during interviews. Think of specific examples where you've tackled complex issues, particularly in a team setting, as collaboration is key in this role.
We think you need these skills to ace Actuarial Analyst GMP
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Actuarial Analyst GMP position. Understand the key responsibilities and required skills, especially the importance of analysing member data and crafting clear written advice.
Tailor Your CV: Customise your CV to highlight relevant experience in actuarial work or pensions administration. Emphasise your proficiency in Microsoft Excel and any previous experience with GMP calculations, even if it's not extensive.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your interest in actuarial concepts and how your skills align with the requirements outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your documents are well-organised and clearly formatted to make a strong impression.
How to prepare for a job interview at ENGINEERINGUK
✨Show Your Passion for Actuarial Work
Make sure to express your keen interest in actuarial concepts and the pensions industry during the interview. Share any relevant experiences or projects that highlight your enthusiasm and understanding of the field.
✨Demonstrate Technical Proficiency
Since exceptional proficiency in Microsoft Excel is essential, be prepared to discuss your experience with it. You might even want to mention specific functions or tools you've used in past roles that relate to data analysis and calculations.
✨Prepare for Problem-Solving Scenarios
Expect to encounter questions that assess your creative problem-solving skills. Think of examples where you successfully tackled complex issues, particularly in actuarial contexts, and be ready to explain your thought process.
✨Highlight Your Collaborative Spirit
As the role involves working closely with various departments, emphasise your ability to collaborate effectively. Share examples of how you've worked in teams to achieve common goals, showcasing your flexibility and communication skills.
