At a Glance
- Tasks: Solve complex problems in the UK pensions industry and provide exceptional client service.
- Company: Join Spence & Partners, a leading firm in pension actuarial and consulting services.
- Benefits: Enjoy a supportive work environment with opportunities for personal and professional growth.
- Why this job: Be part of an innovative team using cutting-edge technology to make a real impact.
- Qualifications: 2:1 degree or above, nearing Fellowship status, and experience in a similar role.
- Other info: Dynamic workplace with a focus on collaboration and career development.
The predicted salary is between 28800 - 48000 Β£ per year.
About Us
Spence & Partners (Spence) provides pension actuarial, consulting, investment consulting and administration services that provide simply smarter solutions for trustees, employers, and members. We are excited about the future. The industry in which we operate offers a dynamic and challenging environment and our excellent reputation is contributing to the growth of our business from an expanding portfolio of clients. With our unique approach to the provision of services, we aspire to continue to extend our client base and deliver truly integrated solutions across our work through the use of our highly innovative software platform, Mantle.
We are defined by our ethos and by our goal:
- Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently. When we get this balance right, it is how we do our best work.
- Our goal is to provide interesting, worthwhile, and healthy careers for our colleagues; we believe that this emphasis sets us apart from our competitors. We do not pigeonhole colleagues and aim to provide challenging and interesting work which will allow our staff to build rewarding careers. We will support you every step of the way.
Spence is part of the 3173 Group of companies, which also includes Dalriada Trustees Limited, one of the UKβs largest professional pension scheme trustee companies, and Mantle, which reimagines the traditional models of defined benefit pensions administration and actuarial valuation software. Joining us can open up opportunities for you to use your experience to add value across the Group.
We have clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol, and Leeds. More information about what itβs like to work at Spence can be found here.
About You
We recruit the best individuals with the potential to be the future influencers in our business. We are looking for individuals who are seeking their next challenge and want to continue to develop within a busy and successful organisation. These individuals should be intelligent, innovative and motivated to make an impact which could lead to further opportunities in our award winning organisation.
You should enjoy solving complex problems for your clients and have an actively developed understanding of the UK pensions industry and the areas affecting it. You will be well organised and proactive, calm under pressure and able to communicate well at all levels (both written and verbally). You will enjoy working in a challenging environment in which you can develop both personally and professionally. You should be able to demonstrate a conscientious approach to your work and exhibit exceptional attention to detail. You will be an individual who is great at working with people and knows how to interact in a professional environment and can deliver to the requirements of our high performing culture.
You should be making good progress through your professional exams, with a strong background of experience in a similar role/environment. You will be commercially astute and aware of issues relevant in the role of a Pensions Actuary, including investment matters, and able to deliver to the demands of the changing environment. This role will suit someone that is either close to completing the professional exams or recently qualified. A strong background of experience in a similar role and environment will be beneficial.
We are especially interested in individuals that can combine an excellent knowledge of technology and systems with consulting and client relationship skills.
Responsibilities & Criteria
Essential Criteria
- 2:1 or above in a relevant degree.
- Excellent experience in a similar role advising clients.
- Nearing or recently having attained Fellowship of the Institute and Faculty of Actuaries status.
- Ability to demonstrate a track record of excellent client service and a broad knowledge of how UK pensions schemes and investments work.
- Excellent written and verbal communication skills.
- Evidence of proactive extra curricular learning and engagement in your chosen career path.
- Excellent knowledge of computerised systems, in particular Excel, and the ability to learn use of other software platforms.
- Strong teamworking skills and an ability to manage projects.
Desirable Criteria
- Knowledge of and experience in GMPE equalisation calculations.
- Knowledge of and experience in Risk Transfer activities.
- Practical knowledge of the Pension Protection Fund.
Location: One of our offices in Glasgow or Belfast
Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
All roles are subject to a six-month probationary period and all prospective employees are required to complete an Access NI check. As part of the pre-hire process the successful candidate will be subject to reference checking security vetting.
Spence & Partners is an Equal Opportunity Employer.
Applying with a disability or long-term health condition? As part of our belief that we benefit from the differences among us we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. We understand that being open with us may feel uncomfortable so please only share with us the information that you are comfortable to share, and rest assured that we will use this only to provide you with the right support. Any information you give us will be treated completely confidentially. To discuss this further please call 028 9041 2000 and ask to speak to a member of the HR team.
Due to the changing nature of our business the role profile will inevitably change. We therefore recognise that from time to time, you will be required to undertake other activities of a similar nature that fall within your capabilities, as directed by the board.
Nearly/Newly Qualified Actuary in Belfast employer: Spence & Partners Ltd.
Contact Detail:
Spence & Partners Ltd. Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Nearly/Newly Qualified Actuary in Belfast
β¨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, attend industry events, and engage with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
β¨Tip Number 2
Prepare for interviews by researching Spence & Partners thoroughly. Understand their ethos and how they operate. Tailor your responses to show how your skills align with their goals and values β itβll make you stand out!
β¨Tip Number 3
Practice your problem-solving skills! Since the role involves complex issues, be ready to tackle case studies or technical questions during interviews. Show them you can think on your feet and provide innovative solutions.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, it shows youβre genuinely interested in joining our team at Spence & Partners.
We think you need these skills to ace Nearly/Newly Qualified Actuary in Belfast
Some tips for your application π«‘
Tailor Your Application: Make sure to customise your CV and cover letter for the Nearly/Newly Qualified Actuary role. Highlight your relevant experience in the pensions industry and showcase how your skills align with our ethos of balancing responsibility with freedom.
Showcase Your Problem-Solving Skills: We love candidates who can tackle complex problems! In your application, give examples of how you've successfully navigated challenges in previous roles, especially those related to client service and actuarial work.
Be Clear and Concise: When writing your application, clarity is key. Use straightforward language and avoid jargon where possible. This will help us see your communication skills shine through, which is super important for this role.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets into the right hands and allows us to keep track of all applicants efficiently. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Spence & Partners Ltd.
β¨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of the UK pensions industry. Understand the key issues affecting it, including investment matters and GMPE equalisation calculations. This will show that you're not just qualified but also genuinely interested in the field.
β¨Showcase Your Problem-Solving Skills
Prepare to discuss specific examples where you've solved complex problems for clients. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will demonstrate your analytical thinking and ability to deliver results under pressure.
β¨Communicate Clearly and Confidently
Practice your verbal and written communication skills. Be ready to explain technical concepts in a way that's easy to understand. This is crucial for client interactions and will highlight your ability to work well with people at all levels.
β¨Demonstrate Your Team Spirit
Be prepared to talk about your experiences working in teams. Highlight how youβve collaborated on projects and contributed to team success. Spence values interdependence, so showing that you can work well with others will be a big plus.