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- Tasks: Join our GMP Equalisation team to solve complex pension problems and assist clients.
- Company: IDEX Consulting is a supportive company focused on innovative actuarial solutions.
- Benefits: Enjoy hybrid working options and opportunities for professional growth.
- Why this job: Be part of a friendly team, tackle challenging concepts, and make a real impact.
- Qualifications: FIA qualification and experience in the DB pensions industry are essential.
- Other info: We value diversity and inclusion, creating an equitable workplace for all.
The predicted salary is between 43200 - 72000 £ per year.
This role could be based from any of the following offices with hybrid working: Reading, Leeds, Manchester, Birmingham, Guildford, Edinburgh, London, or Belfast.
IDEX Consulting are looking for a number of qualified pensions actuaries to join our clients GMP Equalisation team. We have a unique approach to solving the problems around GMP and are looking for technically minded people to join our friendly and supportive team.
Though previous experience in GMP calculations is an advantage, a desire and ability to grasp complex actuarial concepts and find solutions to them is a requirement.
In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members.
Responsibilities:
- Working with and understanding member data
- Reviewing and signing off on complex calculations
- Reviewing and signing off on written advice to clients on this topic
- Communicating results to client teams and supporting them as you work through the projects together. Can include, if desired, delivering advice to clients in meetings
- Regular liaison and communication with the GMP team
- Opportunity to get involved in specialist research and development teams in areas that interest you
- Training and managing more junior colleagues as they embark on their actuarial career
Essential Criteria
- FIA qualification
- Experience in DB pensions industry, in an actuarial role
- Excellent Microsoft Excel skills
Desirable Criteria
- A keen interest in actuarial concepts, the wider pensions industry and financial landscape
- An inquisitive mind and a desire to learn
- Highly motivated and driven to succeed
- Ability to problem solve and come up with solutions
- Outstanding accuracy and attention to detail
- Adaptable and a team-player
Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.
Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
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Senior Technical Actuary GMP Equalisation employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Actuary GMP Equalisation
✨Tip Number 1
Familiarize yourself with GMP equalisation concepts and the specific challenges faced in this area. This will not only help you understand the role better but also demonstrate your genuine interest during interviews.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who have experience in GMP calculations. Engaging in conversations can provide insights and potentially lead to referrals.
✨Tip Number 3
Showcase your problem-solving skills by preparing examples of how you've tackled complex actuarial issues in the past. Be ready to discuss these scenarios in detail during your interviews.
✨Tip Number 4
Research IDEX Consulting's approach to GMP equalisation and be prepared to discuss how your skills and experiences align with their unique methods. This shows that you are proactive and genuinely interested in the company.
We think you need these skills to ace Senior Technical Actuary GMP Equalisation
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Technical Actuary GMP Equalisation position. Familiarize yourself with GMP calculations and the pensions industry to demonstrate your knowledge in your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any relevant experience you have in the DB pensions industry or actuarial roles. If you have worked on GMP calculations or similar projects, be sure to mention these experiences clearly.
Showcase Your Skills: Make sure to highlight your excellent Microsoft Excel skills and any other technical abilities that are relevant to the role. Provide specific examples of how you've used these skills in past positions to solve complex problems.
Express Your Motivation: In your cover letter, convey your keen interest in actuarial concepts and your desire to learn and grow within the field. Mention your motivation to contribute to the GMP Equalisation team and how you can support clients effectively.
How to prepare for a job interview at IDEX Consulting
✨Understand GMP Concepts
Make sure you have a solid grasp of Guaranteed Minimum Pension (GMP) concepts. Familiarize yourself with the complexities involved in GMP equalisation, as this will demonstrate your technical knowledge and eagerness to tackle challenging actuarial problems.
✨Showcase Your Excel Skills
Since excellent Microsoft Excel skills are essential for this role, be prepared to discuss your experience with Excel during the interview. Highlight any specific functions or tools you’ve used that relate to data analysis and complex calculations.
✨Communicate Effectively
Effective communication is key in this role, especially when liaising with clients and team members. Practice explaining complex actuarial concepts in simple terms, as this will show your ability to convey important information clearly.
✨Demonstrate Team Spirit
As a team player, be ready to share examples of how you've collaborated with others in previous roles. Discuss your experience in training or mentoring junior colleagues, as this aligns with the responsibilities of the position and shows your commitment to teamwork.
