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- Tasks: Join our GMP Equalisation team to analyse data and provide client advice.
- Company: XPS Group is a leading UK consulting firm in pensions and insurance.
- Benefits: Enjoy flexible working, competitive salary, bonus schemes, and 25 days holiday.
- Why this job: Be part of a vibrant, inclusive culture that values your growth and ideas.
- Qualifications: 3+ years in pensions or actuarial roles; curiosity and teamwork are key.
- Other info: Hybrid working available from multiple UK locations.
The predicted salary is between 36000 - 60000 £ 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 workplace where differences are recognised as strengths and talented individuals can flourish.
Our Pensions Advisory business continues to grow, and we are seeking several Senior Associates/Consultants to join our GMP Equalisation Team. This role is ideal for someone with at least three years' experience as a qualified or part-qualified pensions actuary who enjoys technical actuarial work. We are also interested in candidates from a pensions administration background with a solid understanding of GMP. Study support towards actuarial qualifications is available, though not mandatory.
XPS is a FTSE 250 company that combines expertise, insight, advanced technology, and analytics to serve over 1,400 pension schemes and their sponsoring employers. We handle pensions administration for over one million members and provide advisory services to schemes and corporate sponsors, including 88 schemes with assets over £1bn. Our people are central to our success. We promote an inclusive environment where everyone is treated equally and with respect. We support your growth and development, fostering a culture of inclusion, diversity, and valuing every voice.
The Team aims to deliver the best outcomes and security in retirement through our advice, services, and solutions.
The Role involves looking for several Senior Associates/Consultants to join our GMP Equalisation team. Previous GMP Equalisation experience is desirable but not essential; candidates with at least three years in a pensions-related role with the ability to quickly acquire technical knowledge are encouraged to apply. Your responsibilities will include:
- Analyzing and interpreting member data accurately
- Reviewing complex calculations in detail
- Providing clear written advice on GMP equalisation
- Engaging with clients throughout project lifecycles
- Collaborating across departments within XPS
- Contributing to research and development initiatives
- Mentoring and guiding junior team members
Your Profile:
Essential Criteria:- Interest in actuarial concepts, pensions industry, and financial landscape
- Proficiency in Microsoft Excel
- Curiosity and eagerness to learn
- Motivation and drive for success
- Creative problem-solving skills
- Attention to detail
- Flexibility and teamwork orientation
What We Offer:
- Competitive salary
- Participation in annual bonus scheme
- 25 days holiday plus options to buy or sell holiday
- Flexible bank holidays
- Pension scheme with matching contributions
- Healthcare cash plan
- Flexible Benefits Scheme
- Life Assurance (4x basic salary)
- XPS Rewards discounts
- Employee Assistance Programme
- Access to digital GP services
- Paid volunteering days
- Staff referral scheme
Next Steps: If you believe XPS is the right fit for your career, please apply via the provided links. We consider all applicants and will respond promptly. If you need adjustments during the recruitment process, contact our team by phone or email. We can provide materials in alternative formats or additional time for interviews or tests. If you have questions or are not ready to apply, please email us.
Candidate Requirements:
- Right to Work confirmation
- DBS Disclosure check
- References covering five years
- Satisfactory credit check
We value diversity and inclusivity in our workplace. We may close vacancies early and only accept CVs directly from candidates or preferred suppliers. If you haven't heard from us within 28 days, please assume your application was unsuccessful.
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 demonstrate your genuine interest during any discussions.
✨Tip Number 2
Network with professionals in the pensions sector, especially those who have experience in GMP equalisation. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as proficiency in this tool is essential for the role. Consider taking an online course or practicing advanced functions to showcase your capabilities.
✨Tip Number 4
Prepare to discuss your previous experiences in pensions-related roles, focusing on how you've tackled complex problems. Highlighting your analytical skills and attention to detail will be crucial in impressing the hiring team.
We think you need these skills to ace Senior Associate / Consultant (GMP Equalisation Specialist)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Associate / Consultant (GMP Equalisation Specialist) position. Tailor your application to highlight relevant experience and skills that align with the job description.
Highlight Relevant Experience: Emphasise your experience in pensions-related roles, especially if you have worked with GMP equalisation or similar actuarial concepts. Use specific examples to demonstrate your technical knowledge and problem-solving abilities.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in XPS Group and how your values align with their vision of inclusivity and growth.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for this role.
How to prepare for a job interview at ENGINEERINGUK
✨Understand GMP Equalisation
Make sure you have a solid grasp of GMP equalisation concepts. Brush up on the latest regulations and methodologies, as this will demonstrate your commitment to the role and your ability to engage in technical discussions.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and complex calculations. Be ready to provide examples of how you've successfully interpreted member data or solved intricate problems in previous roles.
✨Engage with Real-World Scenarios
Think of specific projects or challenges you've faced in your career that relate to the responsibilities of the role. Sharing these experiences can highlight your problem-solving skills and your ability to work collaboratively across departments.
✨Demonstrate Your Curiosity
Express your eagerness to learn and grow within the pensions industry. Discuss any recent developments or trends you've followed, showing that you're proactive about staying informed and are genuinely interested in the field.