Actuarial Funding Risk Associate in London

Actuarial Funding Risk Associate in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Local Pensions Partnership

At a Glance

  • Tasks: Develop and run funding risk models for local pension funds using advanced software.
  • Company: Join a leading organisation in the pensions sector with a focus on innovation.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Dynamic team environment with excellent career advancement opportunities.
  • Why this job: Make a real impact on funding decisions and contribute to risk management strategies.
  • Qualifications: Strong communication and Excel skills; experience in risk modelling is a plus.

The predicted salary is between 30000 - 40000 £ per year.

Local Pensions Partnership seeks an Associate for the Actuarial Risk team.

You will develop and run funding risk modelling and reporting for LGPS Partner Funds, using ALM software and supporting long-term funding decisions.

Strong communication and Excel skills are essential.

You will contribute to risk appetite development, risk management oversight, and reporting to the CRO, Board, and executives while keeping pace with pensions regulation and market changes.

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Actuarial Funding Risk Associate in London employer: Local Pensions Partnership

At Local Pensions Partnership Administration (LPPA), we pride ourselves on being an exceptional employer, offering a collaborative and customer-focused work culture that empowers our employees to thrive. With competitive salaries, generous benefits including a robust pension scheme, and opportunities for professional growth, we ensure our team members feel valued and supported while making a meaningful impact in the pensions sector. Our hybrid working model and commitment to employee wellbeing further enhance the experience of working in our vibrant Preston office, making LPPA a fantastic place to build your career.

Local Pensions Partnership

Contact Details:

Local Pensions Partnership Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Funding Risk Associate in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Local Pensions Partnership. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Actuarial Funding Risk Associate in London

Funding Risk Modelling
ALM Software
Reporting Skills
Communication Skills
Excel Skills
Risk Appetite Development
Risk Management Oversight

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Local Pensions Partnership.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Local Pensions Partnership's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Local Pensions Partnership

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Local Pensions Partnership.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Local Pensions Partnership will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Local Pensions Partnership employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.