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- Tasks: Join our actuarial team to handle valuations, calculations, and reports 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, 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: 4+ years in defined benefit schemes and progress in actuarial exams required.
- Other info: Training provided; work in a collaborative environment with a focus on personal 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.
Experienced Actuarial Technician (Birmingham) employer: Atkin Pensions
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, if possible. They can provide valuable insights into the company culture and expectations, which can give you an edge during the selection process.
✨Tip Number 3
Brush up on your Excel skills, as proficiency in this software is crucial for the role. Consider taking a short course or using online resources to enhance your capabilities, which will impress the hiring team.
✨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 is a key requirement for the position.
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 how your background aligns with the job requirements, particularly your experience in actuarial valuations and member calculations.
Showcase Relevant Skills: Emphasise your proficiency in Microsoft Excel and any familiarity with Mantle. Highlight your ability to organise your workload and your keen attention to detail, as these are key skills for the position.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A well-presented application reflects your attention to detail and professionalism, which is crucial for an actuarial technician.
How to prepare for a job interview at Atkin Pensions
✨Showcase Your Mathematical Skills
Since the role requires excellent mathematical skills, be prepared to discuss your experience with complex calculations and problem-solving. Bring examples of how you've applied these skills in previous roles, especially in relation to defined benefit pension schemes.
✨Demonstrate Your Progress in Actuarial Exams
Good progress through actuarial exams is essential for this position. Be ready to talk about your exam journey, including any challenges you've faced and how you've overcome them. This shows your commitment to the profession and your ability to learn.
✨Familiarise Yourself with Defined Benefit Schemes
Make sure you have a solid understanding of defined benefit pension schemes and their valuation processes. Prepare to discuss specific aspects of your previous work that relate to member calculations and pension accounting disclosures.
✨Emphasise Teamwork and Communication Skills
As 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 attended meetings as a key member, showcasing your communication skills and enthusiasm for teamwork.
