Actuarial Assistant

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.

Our Pensions Advisory business continues to grow, and we are now looking for an Actuarial Assistant to join one of our vibrant offices with hybrid working. This is an exciting role and would most likely suit someone who is a nearly or newly qualified actuary.

The Role

• Attend client meetings, taking an active role where applicable: Presenting actuarial findings and engaging with clients on relevant key issues.
• Check/review a variety of actuarial calculations in the following areas: Actuarial valuations, production of company accounting disclosures, individual benefits, PPF levy, bulk transfer, incentive exercises, and de-risking projects.
• Understand the implications of the results of the above calculations to provide advice on matters such as contribution rates, levy reduction, and liability reduction exercises.
• Draft reports, emails, and presentations to deliver actuarial results and advice.
• Draft member communications (e.g., Summary Funding Statements, responses to individual queries).
• Manage client relationships, taking responsibility for allocation and completion of work, and meeting deadlines, working directly with the Scheme Actuary.
• Maintain a good understanding of relevant technical issues, including TASs, Codes of Practice, scheme documentation, and the supporting regulatory framework.
• Develop internal standard processes and identify new ways to work more efficiently.
• Take a proactive role in personal development/training.
• Attend and deliver internal technical training sessions and demonstrate application of learning.

Your profile

• Nearly or newly qualified as an Actuary with experience working in the pensions industry.
• Broad understanding of how UK pensions schemes operate, with an understanding of UK Pensions Legislation.
• Excellent planning skills with the ability to prioritise and complete work in accordance with deadlines.
• Highly developed written and verbal communication skills. Confident and able to explain complex issues in simplified terms to clients and more junior team members.
• Strong IT skills with good working knowledge of MS Office suite of products, particularly Excel.

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
• Life Assurance cover, four times basic salary
• Employee Assistance Programme
• Access to a digital GP service
• Paid volunteering day when participating in Company organised events
• Staff referral scheme

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.

Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.