Industrial Placement- Actuarial & Consulting- E...
Industrial Placement- Actuarial & Consulting- E...

Industrial Placement- Actuarial & Consulting- E...

Edinburgh Placement 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to develop analytical skills and support client consultations.
  • Company: Isio is a dynamic company transforming pensions and investment advice with innovative solutions.
  • Benefits: Enjoy flexible working, paid volunteering days, and support for your studies.
  • Why this job: Kickstart your career in a supportive environment with opportunities for growth and impact.
  • Qualifications: Open to all university students; strong maths skills and a passion for finance are a plus.
  • Other info: Successful placement may lead to a graduate role without needing to reapply.

The predicted salary is between 30000 - 42000 £ per year.

About Us

Isio was ‘born’ in , and we’ve been challenging existing thinking on pensions, benefits and investment advice ever since. That’s because we know that only by improving on what’s been accepted in the past, can we provide the financial confidence our clients deserve. And while Isio is a young company, our people are some of the most experienced in their fields, bringing track records of having achieved commercial advantage for clients across pensions. Improving on long-accepted industry practices continues to drive us – and our business – forward. We are proud to work with a third of the FTSE , with over boards of trustees, and across all sectors. Creating greater levels of confidence in financial decision-making for companies, trustees and individuals.

Starting your Career at Isio

We’re a People First business, so we want to make sure that you are supported to reach your goals, whatever they may be. We’ll support you with studying, be flexible around family life and enable you to give back to the community through paid volunteering days. We are committed to equality, diversity and inclusion – bringing your whole self to work every day. We have hubs across the UK and many of our roles are flexible in location to help create a work-life balance that works for you. We are keen to support those starting their career at Isio with building a strong foundation for success. Whether as a Graduate, Industrial Placement student, Summer intern or as an Apprentice, Isio will provide a great experience working alongside experienced professionals. You will have the opportunity to help fulfil our purpose of creating better outcomes for our clients, their members and society by empowering and developing our people. Isio is growing at a fast and exciting pace. Starting your career at Isio will be a great balance of working with experts in their field within an innovative organisation that is looking to drive positive and innovative change in its sector. Graduates at Isio have acknowledged their positive experience, as shown by our ranking as the Top Employer for Graduates to work for in Consulting according to the Job Crowd rankings.

Length of programme: 12 months: 3 July – 20 June

Locations: Edinburgh: George Street, Edinburgh EH2 4LH

Entry Requirements

To apply for this role, you need to be available for full time work from 3 July -20 June and be attending university for your final year of study in September. We are open to applications from those studying any subject. Studying towards the actuarial exams will require strong mathematical skills and a keen interest in financial concepts.

What we are looking for in Industrial placement students in our Actuarial teams

As a people first business personal attributes are just as important as academic qualifications. So, there’s a few things we’re looking for from our graduates including:

  • Enthusiastic team players who are willing to learn and grow.
  • A passion and energy to help us exceed our clients’ expectations and deliver against tight deadlines.
  • Strong analytical and problem-solving skills, a natural curiosity and interest in the business world, and a global, forward-thinking mindset are also key.
  • The ability to maintain a good level of self-discipline and time management.

We will also be looking to see how applicants align to our core beliefs:

  • Power in Partnership: We work in partnership with our clients & each other – building open and trusted relationships. Working together allows us to deliver the best for our clients.
  • Future Focus: We want to push our industry forward by solving problems in better ways that benefit both our clients & society.
  • Strength in Difference: We work with diverse perspectives to find better solutions. Working with differences makes us stronger.
  • People First: We recognise that pensions is a people business. People are the source of Isio’s expertise and it is people’s lives that we affect through our advice.

Working as an Actuary in Pensions at Isio

Pension schemes are part of the backbone of the UK savings industry – relied on by millions to provide a reliable and secure income in retirement. However, whilst remaining an important part of how organisations pay and reward their employees, they also often pose significant financial risks. Balancing the costs and risks of a pension scheme as well as meeting best practice governance requirements is becoming increasingly complex – yet essential for a pension scheme to succeed. The needs of the industry, individuals and our clients are ever changing. At Isio, we constantly look at ways to innovate and develop new solutions to overcome these challenges through our Actuarial & Consulting services. An actuarial career in pensions requires a high level of both numeracy and communication skills – as well as the enthusiasm and drive needed to gain professional qualifications and succeed in a fast-moving market. Our clients value strong technical knowledge in understanding the required capacity of pension funds.

Isio’s Actuarial industrial placement programme offers the opportunity to get more insight and build valuable experience of both technical actuarial knowledge and skills and effective workplace skills.

What you will be doing

During your placement you will get the opportunity to develop analytical skills while observing how we effectively consult for our clients. You will get to be involved in work we do for our clients including:

  • Calculation work either on an individual member or company basis.
  • Building financial models involving statistical methods.
  • Helping with identifying and researching business opportunities.
  • Sharing knowledge with colleagues throughout Isio supporting our goal to continuously improve the service we offer our clients.

Isio’s aim is that we recognise those on an industrial placement who really apply themselves to the opportunity. Strong performance in your placement will lead to you being offered a Graduate role in Actuarial and Consulting at Isio for when you complete university without the need for an application.

Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.

Industrial Placement- Actuarial & Consulting- E... employer: Isio

Isio is an exceptional employer that prioritises the growth and well-being of its employees, offering a supportive environment for those starting their careers in actuarial and consulting roles. With a strong commitment to equality, diversity, and inclusion, Isio provides flexible working arrangements and opportunities for professional development, ensuring that every team member can thrive while contributing to meaningful financial solutions for clients. Located in the vibrant city of Edinburgh, employees benefit from a dynamic work culture that encourages innovation and collaboration, making it an ideal place for aspiring professionals to launch their careers.
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Contact Detail:

Isio Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Industrial Placement- Actuarial & Consulting- E...

✨Tip Number 1

Research Isio's core beliefs and values thoroughly. Understanding their focus on partnership, innovation, and diversity will help you align your conversations and demonstrate how you can contribute to their mission during interviews.

✨Tip Number 2

Network with current or former employees of Isio on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable when preparing for interviews.

✨Tip Number 3

Prepare to discuss your analytical and problem-solving skills in detail. Think of specific examples from your studies or previous experiences where you've successfully tackled complex issues, as these are key attributes Isio is looking for.

✨Tip Number 4

Showcase your enthusiasm for the actuarial field by staying updated on industry trends and developments. Being able to discuss recent changes or innovations in pensions during your interview will demonstrate your genuine interest and commitment.

We think you need these skills to ace Industrial Placement- Actuarial & Consulting- E...

Strong Mathematical Skills
Analytical Skills
Problem-Solving Skills
Attention to Detail
Time Management
Communication Skills
Teamwork
Curiosity about Business Concepts
Ability to Work Under Tight Deadlines
Technical Knowledge in Actuarial Science
Financial Modelling
Research Skills
Adaptability
Commitment to Continuous Learning

Some tips for your application 🫡

Understand the Company Culture: Familiarise yourself with Isio's values and mission. Highlight how your personal attributes align with their 'People First' approach and commitment to diversity and inclusion in your application.

Tailor Your CV: Make sure your CV reflects relevant skills and experiences that match the job description. Emphasise your analytical abilities, problem-solving skills, and any experience working in teams or under tight deadlines.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your passion for actuarial work and how you can contribute to Isio’s goals, particularly in creating better outcomes for clients.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Isio

✨Show Your Enthusiasm

Isio values enthusiastic team players, so make sure to express your passion for the role and the company during the interview. Share specific examples of what excites you about working in actuarial and consulting, and how you can contribute to their mission.

✨Demonstrate Analytical Skills

Prepare to discuss your analytical and problem-solving skills. You might be asked to solve a hypothetical problem or analyse a case study, so brush up on your numerical abilities and be ready to showcase your thought process.

✨Align with Core Beliefs

Familiarise yourself with Isio's core beliefs: Power in Partnership, Future Focus, Strength in Difference, and People First. Be prepared to discuss how your personal values align with these principles and provide examples from your experiences.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready to ask your interviewers. This shows your genuine interest in the role and the company, and it gives you a chance to learn more about the team dynamics and future projects.

Industrial Placement- Actuarial & Consulting- E...
Isio
Location: Edinburgh
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  • Industrial Placement- Actuarial & Consulting- E...

    Edinburgh
    Placement
    30000 - 42000 £ / year (est.)
  • I

    Isio

    50-100
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