At a Glance
- Tasks: Support quantitative analysis and reporting for financial resilience and risk assessment.
- Company: Join a leading team in actuarial risk and modelling.
- Benefits: Competitive salary, inclusive workplace, and opportunities for professional growth.
- Other info: Located in Croydon, just minutes from major transport links.
- Why this job: Make a real impact on financial stability while developing your analytical skills.
- Qualifications: Graduate level education in a quantitative field and strong analytical skills.
The predicted salary is between 37000 - 40000 £ per year.
We're looking for a Junior Quantitative Analyst to join our Actuarial Risk & Modelling team, a core function responsible for providing robust quantitative analysis to support monitoring of the Pension Protection Fund's financial resilience and the assessment of risks to our long‑term funding objective. The team delivers its analysis through two complex stochastic models: the Long-Term Risk Model (LTRM) and the Economic Scenario Model (ESM). As a Junior Quantitative Analyst, you will play an important role in supporting the team's regular reporting and analysis cycle, alongside ad‑hoc modelling and investigative work.
Responsibilities
- Support regular reporting and analysis cycles for LTRM and ESM.
- Contribute to ad‑hoc modelling and investigative work.
- Plan work effectively, manage competing priorities and meet deadlines.
Qualifications
- Graduate level education in a scientific or quantitative discipline, or equivalent experience.
- Strong grounding in statistics and probability.
- Relevant experience of stochastic modelling within a financial institution, consultancy firm or academic environment.
- Strong numerical and analytical skills.
- Excellent written and verbal communication skills, able to explain complex model outcomes to non‑technical audiences.
- Confidence in using Microsoft Office, particularly Excel.
Salary: £37,000 to £40,000 per annum.
Location: Croydon office, just across the road from East Croydon station, about 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction, half an hour from St Pancras.
We are proud to be a Disability Confident Leader and actively encourage applications from people with disabilities. We are committed to ensuring our recruitment process is inclusive and accessible. If you require any reasonable adjustments during the recruitment process, please let us know.
Junior Quantitative Analyst employer: Pension Protection Fund (PPF)
Contact Detail:
Pension Protection Fund (PPF) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Quantitative Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, especially those in the Actuarial Risk & Modelling team. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your stochastic modelling knowledge. Be ready to discuss how you've used statistics and probability in past projects. We want to see your analytical skills in action!
✨Tip Number 3
Show off your Excel skills! Bring examples of how you've used Excel for complex data analysis. We love seeing candidates who can turn numbers into insights, so be prepared to demonstrate this during your interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team!
We think you need these skills to ace Junior Quantitative Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in statistics and stochastic modelling. We want to see how your skills align with the Junior Quantitative Analyst role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about quantitative analysis and how you can contribute to our Actuarial Risk & Modelling team. Keep it concise but impactful!
Showcase Your Communication Skills: Since you'll need to explain complex model outcomes to non-technical audiences, make sure your application reflects your ability to communicate clearly. We love candidates who can break down complicated concepts into simple terms!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss any important updates from our team!
How to prepare for a job interview at Pension Protection Fund (PPF)
✨Know Your Models
Make sure you understand the Long-Term Risk Model (LTRM) and the Economic Scenario Model (ESM) inside out. Brush up on stochastic modelling concepts and be ready to discuss how they apply to real-world scenarios. This will show your potential employer that you're not just familiar with the theory, but you can also apply it practically.
✨Showcase Your Analytical Skills
Prepare to demonstrate your strong numerical and analytical skills during the interview. You might be asked to solve a problem or analyse data on the spot, so practice explaining your thought process clearly. Use examples from your past experiences where you've successfully tackled complex quantitative challenges.
✨Communicate Clearly
Since you'll need to explain complex model outcomes to non-technical audiences, practice simplifying technical jargon into layman's terms. During the interview, focus on clear and concise communication. This will highlight your ability to bridge the gap between technical analysis and practical application.
✨Excel is Your Friend
Given the emphasis on Microsoft Excel in the job description, make sure you're comfortable with its advanced features. Brush up on functions, pivot tables, and data visualisation techniques. You might even want to prepare a quick example of how you've used Excel in previous roles to enhance your analysis.