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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, bonus, pension, life assurance, and 25 days annual leave.
- Why this job: Be part of a supportive team, gain valuable experience, and enhance your actuarial skills.
- Qualifications: Must have a strong maths background and progress in actuarial exams; degree required.
- Other info: Training provided to boost your knowledge in defined benefit schemes.
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 include:
- 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: Job Traffic
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Experienced Actuarial Technician
✨Tip Number 1
Familiarise yourself with the specific actuarial software and tools used in defined benefit schemes, such as Mantle. Even if you haven't used it before, showing a willingness to learn can set you apart.
✨Tip Number 2
Network with current or former employees of Atkin Trustees Limited on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 3
Prepare to discuss your experience with defined benefit pension schemes in detail. Be ready to share specific examples of your work, particularly any challenges you've faced and how you overcame them.
✨Tip Number 4
Demonstrate your enthusiasm for continuous learning and professional development. Mention any relevant courses or certifications you're pursuing, especially those related to actuarial exams, as this aligns with their focus on training and growth.
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 and the company. Mention your relevant experience and how it aligns with the responsibilities outlined in the job description. Show that you understand the importance of teamwork in a small firm.
Highlight Relevant Skills: Emphasise your proficiency in Microsoft Excel and any experience with actuarial valuation processes. If you have knowledge of Mantle, be sure to mention it, but also express your willingness to learn if you don't.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A well-presented application reflects your attention to detail, which is crucial for an actuarial technician.
How to prepare for a job interview at Job Traffic
✨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 prowess, 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 shows your commitment to the profession and your ability to handle the technical aspects of the role.
✨Emphasise Team Collaboration
Since you'll be working closely with a small team, highlight your teamwork skills. Share examples of how you've successfully collaborated in previous roles, especially in high-pressure situations.
