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- Tasks: Join our actuarial team to handle valuations, calculations, and reporting for pension schemes.
- Company: Atkin Trustees Limited is a family-run consultancy focused on small defined benefit pension schemes.
- Benefits: Enjoy a competitive salary, bonuses, generous 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: 4+ years in defined benefit schemes, strong maths skills, and progress in actuarial exams required.
- Other info: Work in a collaborative environment with opportunities for personal and professional growth.
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.
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.
Contact Detail:
Atkin Pensions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Experienced Actuarial Technician (Birmingham)
✨Tip Number 1
Familiarise yourself with the specific actuarial concepts related to defined benefit pension schemes. This will not only help you in interviews but also demonstrate your genuine interest and understanding of the role.
✨Tip Number 2
Network with current or former employees of Atkin Trustees Limited. They can provide valuable insights into the company culture and expectations, which can be a great advantage during your application process.
✨Tip Number 3
Brush up on your Excel skills, as proficiency in this software is crucial for the role. Consider taking an online course or practicing with real data sets to enhance your capabilities.
✨Tip Number 4
Prepare to discuss your progress through the actuarial exams in detail. Be ready to explain how your experiences have shaped your skills and knowledge, as this will show your commitment to the profession.
We think you need these skills to ace Experienced Actuarial Technician (Birmingham)
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 and the company. Mention why you are a good fit for Atkin Trustees Limited and how your background aligns with their needs, particularly in actuarial valuations and member calculations.
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 attention to detail, as these are key skills for the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism.
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. Review key terms and processes, as you may be asked to explain them during the interview.
✨Showcase Your Mathematical Skills
Prepare to demonstrate your mathematical abilities, especially with Excel. You might be given practical scenarios or problems to solve, so practice relevant calculations beforehand.
✨Highlight Your Exam Progress
Be ready to discuss your progress through the actuarial exams. This is essential for the role, so share your achievements and any challenges you've overcome in your studies.
✨Emphasise Team Collaboration
Since you'll be working closely with a small team, highlight your ability to collaborate effectively. Share examples of how you've contributed to team projects or supported colleagues in previous roles.
