At a Glance
- Tasks: Join our GMP Equalisation team to analyse data and support clients in equalising pensions.
- Company: XPS Group is a leading UK consulting firm in pensions and insurance, focused on diversity and inclusion.
- Benefits: Enjoy flexible working, competitive salary, bonus schemes, and a range of health and lifestyle perks.
- Why this job: Be part of a supportive team that values your input and fosters professional growth in a vibrant culture.
- Qualifications: Ideal for those with 3+ years in pensions or actuarial roles; training support available for career advancement.
- Other info: Hybrid working options available across multiple UK locations; commitment to inclusivity and employee well-being.
The predicted salary is between 43200 - 72000 £ per year.
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. Our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
Our Pensions Advisory business continues to grow and we are now looking for a number of Senior Associates/Consultants to join our GMP Equalisation Team. This is an exciting role and would most likely suit someone with at least three years' experience as a qualified/part-qualified pensions actuary who enjoys the technical aspects of actuarial work. We are also interested in hearing from candidates with a pensions administration background, with a solid understanding of GMP.
While not a job requirement, study support is available towards actuarial qualifications if this is part of your chosen career path. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis.
We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. Our people drive our success and as an XPS employee you can bring your whole self to work - everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It's about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they're happy.
The Team aims to give our members the best outcomes and security in retirement through the advice we give, the services we deliver and the solutions we develop.
We are looking for several Senior Associates/Consultants to join our 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. Previous experience carrying out GMP Equalisation work is desirable. However, we will also consider applications from those with at least three years' experience in a pensions related role (actuarial or administrative) who have the skills to quickly obtain the technical knowledge needed to check GMP Equalisation calculations.
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:
- Analysing and interpreting member data with precision
- Conducting detailed reviews of complex calculations
- Crafting clear, written advice for our clientele on GMP equalisation
- Engaging with client teams, offering robust support throughout project lifecycles
- Collaborating with various departments within XPS, ensuring seamless communication
- Exploring specialist research and development opportunities that pique your interest, contributing valuable insights to the team
- Guiding and nurturing the next generation of actuarial talent
Your profile
Essential Criteria
- A keen interest in actuarial concepts, the wider pensions industry and financial landscape
- Exceptional proficiency in Microsoft Excel
Desirable Criteria
- Curiosity and a thirst for knowledge
- Highly motivated and driven to succeed
- Creative problem-solving skills
- Meticulous attention to detail
- Flexibility and a collaborative spirit
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, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
- 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
What next:
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.
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
Contact Detail:
ENGINEERINGUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate / Consultant (GMP Equalisation Specialist)
✨Tip Number 1
Familiarise yourself with GMP equalisation concepts and recent developments in the pensions industry. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals already working in the pensions sector, especially those involved in GMP equalisation. Attend relevant webinars or industry events to make connections and gain insights that could set you apart from other candidates.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as proficiency in this tool is essential for the role. Consider taking an advanced Excel course to demonstrate your commitment to mastering the technical aspects of the job.
✨Tip Number 4
Prepare thoughtful questions about XPS Group's approach to GMP equalisation and their team dynamics. This shows your genuine interest in the company and helps you assess if it's the right fit for you.
We think you need these skills to ace Senior Associate / Consultant (GMP Equalisation Specialist)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pensions, actuarial work, or GMP equalisation. Use specific examples to demonstrate your skills and achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of GMP equalisation and how your background makes you a suitable candidate for the position.
Highlight Technical Skills: Emphasise your proficiency in Microsoft Excel and any other relevant software or tools. Provide examples of how you've used these skills in previous roles to solve complex problems.
Showcase Soft Skills: In addition to technical expertise, highlight your soft skills such as attention to detail, collaboration, and problem-solving abilities. These are crucial for working effectively within the GMP team.
How to prepare for a job interview at ENGINEERINGUK
✨Show Your Technical Knowledge
As a Senior Associate/Consultant in GMP Equalisation, it's crucial to demonstrate your understanding of actuarial concepts and the pensions industry. Be prepared to discuss specific technical aspects of GMP equalisation and how you've applied your knowledge in previous roles.
✨Prepare for Data Analysis Questions
Given the role's focus on analysing member data, expect questions that assess your analytical skills. Brush up on your experience with complex calculations and be ready to explain your approach to ensuring accuracy in your work.
✨Emphasise Collaboration Skills
XPS values teamwork, so highlight your ability to collaborate effectively with different departments. Share examples of past projects where you worked closely with others to achieve a common goal, showcasing your communication skills.
✨Express Your Curiosity and Motivation
The ideal candidate is highly motivated and eager to learn. During the interview, convey your enthusiasm for the pensions sector and your desire to grow within the company. Discuss any recent developments in the field that interest you and how you stay updated.