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- Tasks: Dive into pension calculations and programme systems for DB benefits.
- Company: Join a forward-thinking client in the insurance sector, focusing on bulk annuities.
- Benefits: Gain commercial exposure and people interaction beyond traditional roles.
- Why this job: This role blends technical skills with a dynamic insurance environment, enhancing your career journey.
- Qualifications: Ideal for Pensions students eager to transition into the insurance field.
- Other info: Contact us for more details on this and similar opportunities!
The predicted salary is between 36000 - 60000 £ per year.
The client is looking for Pensions students to make a move into bulk annuities and the Insurance sector. The role is focused on Pension Calculations and helping to programme systems around DB benefits. The role will offer more commerciality and people exposure than a traditional Pensions Consulting role. The technical calculations will continue your journey through the profession but with the exposure to the Insurance environment.
Bulk Annuity Analyst (Switch to Insurance) employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bulk Annuity Analyst (Switch to Insurance)
✨Tip Number 1
Familiarise yourself with the bulk annuity market and its key players. Understanding how bulk annuities work and the current trends in the insurance sector will give you an edge during interviews.
✨Tip Number 2
Network with professionals already working in the insurance and pensions sectors. Attend industry events or join relevant online forums to make connections that could lead to job opportunities.
✨Tip Number 3
Brush up on your technical skills related to pension calculations and programming systems. Being able to demonstrate your proficiency in these areas will show your potential employer that you're ready for the role.
✨Tip Number 4
Prepare to discuss how your background in pensions can translate into the insurance sector. Be ready to articulate your understanding of defined benefit schemes and how they relate to bulk annuities.
We think you need these skills to ace Bulk Annuity Analyst (Switch to Insurance)
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the specifics of the Bulk Annuity Analyst position. Focus on the skills required for pension calculations and programming systems related to defined benefit (DB) benefits.
Tailor Your CV: Highlight relevant experience in pensions or insurance, particularly any technical skills related to calculations or system programming. Make sure to emphasise your ability to work in a commercial environment and interact with people.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for transitioning into the insurance sector. Discuss how your background in pensions aligns with the requirements of the role and your eagerness to learn and grow in this new area.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects attention to detail, which is crucial in roles involving calculations and programming.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand Bulk Annuities
Make sure you have a solid grasp of what bulk annuities are and how they function within the insurance sector. Familiarise yourself with key terms and concepts related to pension calculations, as this will demonstrate your commitment and knowledge during the interview.
✨Showcase Your Analytical Skills
Since the role involves technical calculations, be prepared to discuss your analytical skills. Bring examples from your studies or previous experiences where you've successfully tackled complex problems, especially those related to pensions or finance.
✨Highlight People Skills
This position offers more exposure to people than traditional roles, so be ready to talk about your interpersonal skills. Share experiences where you've effectively communicated with others, collaborated on projects, or resolved conflicts, as these will be valuable in the insurance environment.
✨Ask Insightful Questions
Prepare thoughtful questions about the company and the role. Inquire about the team dynamics, the challenges faced in the bulk annuity space, or how the company supports professional development. This shows your genuine interest and helps you assess if the role is the right fit for you.
