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- Tasks: Join our actuarial team to handle valuations, member calculations, and prepare pension disclosures.
- Company: Atkin Trustees Limited is a family-run consultancy focused on small defined benefit pension schemes.
- Benefits: Enjoy a competitive salary, bonuses, 25 days leave, and full study support for exams.
- Why this job: Be part of a supportive team, enhance your skills, and make a real impact in pensions.
- Qualifications: You need a strong maths background, progress in actuarial exams, and a relevant degree.
- Other info: Training provided; you'll gain exposure to all areas of our business.
The predicted salary is between 25000 - 45000 £ per year.
A superb opportunity has arisen for an experienced actuarial technician to join the defined benefit team at Atkin Trustees Limited, who are based in prestigious offices on Blythe Valley Business Park, Solihull. We are seeking an individual who excels at mathematics and problem solving and has at least 4 years experience with defined benefit pension schemes. Good progress through the actuarial exams is essential.
What would the job entail? Atkin Trustees Limited is a family run pension consultancy providing services exclusively to small defined benefit pension schemes. The role would be working in our actuarial team along with 5 other colleagues and 6 actuaries (as well as 7 administration and finance staff). The candidate will already have a base understanding of benefit calculations for defined benefit schemes and understand the actuarial concepts of defined benefit schemes; training will be provided to improve knowledge.
The role specifically includes the following:
- Undertaking various stages of an actuarial valuation including data collation and preparation.
- Member calculations, specifically transfer values.
- Preparing pension accounting disclosures.
- Attending meetings as a key member of the team.
- Undertaking liability and risk transfer exercises.
- Drafting ad hoc reports.
Key skills for the role are:
- Excellent mathematical skills and very familiar with Microsoft Excel.
- Good progress through the actuarial exams.
- Knowledge of Mantle would be desirable but training can be given.
- Ability to plan and organise own workload.
- Quick learner.
- Keen and enthusiastic to take on a variety of roles.
- Good attention to details.
- Candidates should have a good quality mathematical numerical or business based degree.
As a small firm, we believe in the importance of establishing knowledge of all areas of our business and all clients so you will be involved in all aspects of the work we do.
Benefits:
- Salary depending on experience £25k - £45k plus bonus, pension, life assurance and PHI.
- On the job training and full study support.
- 25 days annual leave plus bank holidays.
Experienced Actuarial Technician employer: Atkin Pensions
Contact Detail:
Atkin Pensions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Experienced Actuarial Technician
✨Tip Number 1
Familiarise yourself with defined benefit pension schemes and their valuation processes. Understanding the intricacies of these schemes will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Excel skills, as proficiency in this software is crucial for the role. Consider taking an online course or practicing advanced functions to showcase your capability during discussions.
✨Tip Number 3
Network with professionals in the actuarial field, especially those who work with defined benefit schemes. Engaging with industry peers can provide insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 4
Prepare to discuss your progress through actuarial exams in detail. Be ready to explain how your studies have equipped you with the skills necessary for the role, and express your enthusiasm for continuing your professional development.
We think you need these skills to ace Experienced Actuarial Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with defined benefit pension schemes and your progress through actuarial exams. Use specific examples to demonstrate your mathematical skills and problem-solving abilities.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Atkin Trustees Limited. Mention how your background aligns with their needs, particularly your understanding of benefit calculations and actuarial concepts.
Showcase Relevant Skills: Emphasise your proficiency in Microsoft Excel and any experience with actuarial software like Mantle. Highlight your ability to organise your workload and your keen attention to detail, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects your attention to detail and professionalism, which is essential in the actuarial field.
How to prepare for a job interview at Atkin Pensions
✨Brush Up on Actuarial Concepts
Make sure you have a solid understanding of defined benefit pension schemes and the actuarial concepts involved. Be prepared to discuss your knowledge during the interview, as this will demonstrate your expertise and readiness for the role.
✨Showcase Your Mathematical Skills
Since excellent mathematical skills are crucial for this position, be ready to provide examples of how you've applied these skills in previous roles. You might even want to prepare for some practical questions or scenarios that test your problem-solving abilities.
✨Familiarise Yourself with Excel
As proficiency in Microsoft Excel is essential, ensure you're comfortable discussing your experience with it. You could mention specific functions or tools you've used in past projects that relate to actuarial work, which will highlight your technical capabilities.
✨Demonstrate Your Team Spirit
Atkin values teamwork, so be prepared to share examples of how you've successfully collaborated with colleagues in the past. Highlight your ability to communicate effectively and contribute positively to team dynamics, as this will show you're a good fit for their culture.
