At a Glance
- Tasks: Deliver high-quality actuarial work and collaborate on multiple projects.
- Company: Join a leading actuarial consulting team with a hybrid working model.
- Benefits: Enjoy competitive salary, generous pension, and extensive voluntary benefits.
- Other info: Great opportunities for professional development and mentoring junior colleagues.
- Why this job: Make a real impact while developing your skills in a supportive environment.
- Qualifications: Understanding of pensions concepts and strong organisational skills required.
The predicted salary is between 30000 - 40000 £ per year.
We have an exciting permanent opportunity for an Actuarial Technician to join the Actuarial Projects team in any of our offices (hybrid working) and play a key role within the Actuarial Consulting team. Within our Actuarial Projects Team, current work is focused on GMP projects (including both rectification and equalisation) alongside other benefit rectification work. This role will involve working across multiple projects simultaneously, performing and checking calculations, maintaining robust audit trails, and collaborating closely with senior reviewers to deliver high-quality work within agreed timelines.
Responsibilities
- Deliver high-quality actuarial work across multiple projects, taking ownership of tasks and meeting agreed deadlines.
- Perform and check actuarial calculations, applying judgement to assess accuracy and reasonableness.
- Maintain clear and robust audit trails, ensuring compliance with actuarial standards and project requirements.
- Collaborate closely with senior team members and project leads to deliver work efficiently and to a high standard.
- Support and mentor junior colleagues, contributing to their development and the wider team environment.
- Assist with data validation, report drafting and maintaining project documentation throughout the project lifecycle.
Qualifications
- A good understanding of core pensions concepts, with the ability to apply this knowledge in a practical, client-focused environment.
- Strong organisational skills, with the ability to deliver accurate work to deadlines and manage multiple priorities.
- A collaborative mindset, with clear communication skills and a proactive approach to learning and supporting others.
Benefits
- Competitive discretionary annual bonus and salary review.
- Generous pension scheme (we contribute 8%).
- Funded training and professional development.
- Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.
- A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.
We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Actuarial Technician in Birmingham employer: LGBT Great
Join our dynamic Actuarial Projects team, where we prioritise employee growth and collaboration in a supportive hybrid working environment. With a competitive salary, generous benefits including an 8% pension contribution, and a commitment to professional development, we empower our Actuarial Technicians to thrive while making a meaningful impact on important projects. Our inclusive work culture fosters mentorship and teamwork, ensuring that every team member can contribute to their fullest potential.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Technician in Birmingham
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like LGBT Great). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like LGBT Great. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Technician in Birmingham
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at LGBT Great.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at LGBT Great. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at LGBT Great
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at LGBT Great to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at LGBT Great, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding LGBT Great's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
