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- Tasks: Join our GMP Equalisation team to solve complex actuarial challenges and support clients with pension equalisation.
- Company: XPS Group is a leading UK consulting firm in pensions and insurance, committed to diversity and inclusion.
- Benefits: Enjoy flexible working, competitive salary, bonus schemes, healthcare plans, and 25 days holiday.
- Why this job: Be part of a supportive team where your ideas matter and you can grow your actuarial career.
- Qualifications: FIA qualification and extensive experience in defined benefit pensions are essential.
- Other info: We value diversity and offer guaranteed interviews for candidates with disabilities meeting essential criteria.
The predicted salary is between 48000 - 84000 £ per year.
At XPS Group we operate a hybrid/flexible working style. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief. As part of our Disability Confident pledge we run the ‘Offer an interview’ scheme at XPS. If you have a disability and meet the ‘essential criteria’ described in the person specification for the role being applied for, you are guaranteed an interview.
This role could be based from any of the following offices with hybrid working: Reading, Leeds, Manchester, Birmingham, Guildford, Edinburgh, London, or Belfast. XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. Our Pensions Advisory business continues to grow and we are now looking for qualified actuaries to join our GMP Equalisation Team. This is an exciting senior role and would most likely suit someone who enjoys the technical aspects of actuarial work, with plenty of defined benefit pensions experience.
In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members. This includes but is not limited to:
- 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
- Regular liaison and communication with the GMP team, client team and other departments in XPS
- 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
Your Profile
Essential Criteria:
- FIA qualification
- Extensive experience in DB pensions industry, in an actuarial role
- Excellent Microsoft Excel skills
Desirable Criteria:
- 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
What We Offer
We offer an attractive reward package, typical benefits can include:
- 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 to support you in and out of work
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.
Senior Technical Actuary (GMP Equalisation) employer: Xafinity Consulting Ltd
Contact Detail:
Xafinity Consulting Ltd Recruiting Team
recruitment@xpsgroup.com
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Actuary (GMP Equalisation)
✨Tip Number 1
Familiarise yourself with GMP equalisation and the specific challenges it presents in the pensions industry. Understanding the nuances of this area will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of XPS Group, especially those in the GMP Equalisation team. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application and interview preparation.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as they are essential for this role. Consider taking an advanced Excel course or working on relevant projects to showcase your proficiency during discussions with the hiring team.
✨Tip Number 4
Prepare to discuss your experience in the defined benefit pensions sector, focusing on specific projects where you solved complex actuarial problems. This will highlight your problem-solving abilities and technical expertise, making you a strong candidate for the position.
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 position. Familiarise yourself with GMP equalisation and the specific skills needed, such as extensive experience in defined benefit pensions.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your FIA qualification, actuarial experience, and proficiency in Microsoft Excel, ensuring these stand out.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your interest in actuarial concepts and how your background makes you a suitable candidate for the GMP Equalisation team.
Highlight Your Commitment to Diversity: Since XPS Group values diversity and inclusion, consider mentioning any experiences or perspectives that demonstrate your commitment to these principles. This could enhance your application and show you align with their company culture.
How to prepare for a job interview at Xafinity Consulting Ltd
✨Understand the Role
Make sure you have a solid grasp of what a Senior Technical Actuary does, especially in relation to GMP Equalisation. Familiarise yourself with the key responsibilities and how they align with your experience in defined benefit pensions.
✨Showcase Your Technical Skills
Be prepared to discuss your technical expertise, particularly in actuarial concepts and Microsoft Excel. Highlight any relevant projects or experiences where you've successfully applied these skills.
✨Demonstrate Problem-Solving Abilities
Expect questions that assess your problem-solving skills. Prepare examples of complex actuarial challenges you've faced and how you approached finding solutions, showcasing your analytical thinking.
✨Emphasise Team Collaboration
Since the role involves regular communication with various teams, be ready to discuss your experience working collaboratively. Share examples of how you've effectively liaised with clients and colleagues to achieve project goals.
