At a Glance
- Tasks: Join our GMP Equalisation team to solve complex actuarial challenges and deliver client advice.
- Company: XPS Group, a leading UK consultancy in pensions and insurance.
- Benefits: Competitive salary, bonus, 25 days holiday, and flexible benefits.
- Other info: Dynamic team environment with opportunities for research and career growth.
- Why this job: Make an impact in the pensions industry while developing your actuarial skills.
- Qualifications: FIA qualification and a passion for actuarial concepts required.
The predicted salary is between 49280 - 55956 £ per year.
XPS Group is a prominent and growing UK consultancy and administration firm within the pensions and insurance sectors. As a FTSE 250 company with over 2000 employees, we leverage expertise alongside advanced technology to serve over 1,400 pension schemes and their sponsors. Our goal is to foster a workplace where diverse talents thrive.
Location: Belfast
Employment Type: Permanent, Full Time
Grade: Senior Associate
About The Role
We are currently seeking a qualified actuary to join our GMP Equalisation team. We have a unique approach to solving the problems around GMP and are looking for technically minded people to join our large GMP team. Though previous experience in GMP calculations is an advantage, a desire and ability to grasp complex actuarial concepts and find solutions to them is a requirement.
Key Responsibilities
- Reviewing and signing off on complex actuarial models and calculations
- Reviewing written advice to clients on this topic
- Can include, if desired, delivering that advice to clients in meetings
- Regular liaison and communication with the GMP team, client team and other departments in XPS.
- As the GMP projects wind down, we will be able to provide a wider technical career being involved in a variety of technical focused avenues.
- Opportunity to get involved in specialist research and development teams in areas that interest you. These teams provide resources and ideas for the wider team.
Essential Your Profile:
- A keen interest in actuarial concepts, the wider pensions industry and financial landscape
- An inquisitive mind and a desire to learn
- Highly motivated and driven to succeed
- Ability to problem solve and come up with solutions
- Outstanding accuracy and attention to detail
- Adaptable and a team-player
- Highly organised with the ability to prioritise effectively
Qualifications
- FIA qualification
What We Offer
- Enjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy/sell flexibility.
- Pension matching
- Healthcare plans
- Life assurance
- Retailer discounts
- Flexible benefits scheme
- Employee assistance
- Digital GP service
- Participating in volunteering events is encouraged with paid volunteer days available
- Referral bonuses are offered for introducing suitable candidates to XPS
Equal Opportunities Statement
XPS Group is committed to diversity and equal opportunities. We welcome applications from all candidates, irrespective of sex, race, disability, sexual orientation, religion, or belief. As a Disability Confident employer, we ensure accessible and supportive work settings for all employees.
Eligibility
Any employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, Satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.
GMP Equalisation Specialist employer: XPS Group
XPS Group is an excellent employer, offering a dynamic work culture in the heart of Newcastle with the flexibility of hybrid working. Employees benefit from competitive salaries, annual bonuses, and a commitment to diversity, alongside ample opportunities for personal and professional growth within a supportive team environment.
StudySmarter Expert Advice🤫
We think this is how you could land GMP Equalisation Specialist
✨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.
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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 XPS Group. 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 GMP Equalisation Specialist
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 XPS Group.
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 XPS Group'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 XPS Group
✨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 XPS Group.
✨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 XPS Group 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 XPS Group 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.
