At a Glance
- Tasks: Join our GMP Equalisation team to analyse data and prepare client advice.
- Company: XPS Group is a top UK consultancy in pensions and insurance with a diverse workforce.
- Benefits: Enjoy a competitive salary, 25 days’ holiday, healthcare, and flexible benefits.
- Why this job: Perfect for those passionate about actuarial science and eager to learn in a supportive environment.
- Qualifications: Ideal candidates have pensions actuarial experience or a pensions administration background.
- Other info: Hybrid working model available across multiple UK locations.
The predicted salary is between 36000 - 60000 £ per year.
Job description
Actuarial Analyst GMP
Employment Type Permanent, Full Time
Grade : Senior Associate
Hybrid
REQ
This role could be based from any of the following offices with hybrid working :
Reading, Leeds, Manchester, Birmingham, Guildford, Edinburgh, London, or Belfast.
About XPS Group
XPS Group is a prominent 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.
About the Role
We are looking for a number of Actuarial Analysts 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 friendly supportive 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. In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members.
Key Responsibilities
- Working with and understanding member data
- Reviewing complex calculations
- Reviewing written advice to client teams and supporting them as you work through the projects together
- Regular liaison and communication with the GMP team, client team and other departments in XPS
- 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
- Training and managing more junior colleagues as they embark on their actuarial career
Your Profile – Essential
- A keen interest in actuarial concepts, the wider pensions industry and financial landscape
- Excellent Microsoft Excel skills
Desirable
- An inquisitive mind and 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
What We Offer
Enjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy / sell flexibility. Benefits include pension matching, healthcare plans, life assurance, and retailer discounts. We support our team with a flexible benefits scheme, employee assistance, and digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.
How to Apply
Interested candidates should submit applications below or contact Join XPS Group and contribute to a dynamic and inclusive workplace.
Equal Opportunity 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.
Who are we :
To find out more please visit :
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Actuarial Analyst GMP (Senior Associate) employer: XPS Pensions Group
Contact Detail:
XPS Pensions Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst GMP (Senior Associate)
✨Tip Number 1
Familiarise yourself with the latest trends in pensions and actuarial science. This will not only help you during interviews but also show your genuine interest in the field, which is crucial for a role like the Actuarial Analyst GMP.
✨Tip Number 2
Network with professionals in the pensions industry, especially those working at XPS Group or similar firms. Attend relevant events or webinars to make connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of your problem-solving skills and teamwork experiences. The role requires collaboration and mentoring, so having concrete stories ready can set you apart from other candidates.
✨Tip Number 4
Research XPS Group's values and recent projects. Understanding their approach to diversity and inclusion, as well as their work in GMP Equalisation, will help you align your answers with what they are looking for in a candidate.
We think you need these skills to ace Actuarial Analyst GMP (Senior Associate)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Actuarial Analyst GMP. Familiarise yourself with the key tasks mentioned in the job description, such as analysing member data and preparing advice for clients.
Tailor Your CV: Customise your CV to highlight relevant experience in pensions actuarial work or administration. Emphasise your problem-solving skills and any mentoring experience, as these are key aspects of the role.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your interest in actuarial science and pensions. Mention your eagerness to learn and how your background aligns with the company's values and the specific requirements of the position.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented clearly.
How to prepare for a job interview at XPS Pensions Group
✨Understand the Role
Make sure you have a solid grasp of what an Actuarial Analyst does, especially in the context of GMP Equalisation. Familiarise yourself with key responsibilities like analysing member data and preparing client advice.
✨Showcase Your Curiosity
Demonstrate your eagerness to learn and grow in the field of actuarial science. Prepare questions about the company's approach to mentoring and study support for actuarial qualifications.
✨Highlight Problem-Solving Skills
Be ready to discuss specific examples where you've successfully tackled complex problems. This is crucial as the role requires strong analytical and problem-solving abilities.
✨Emphasise Team Collaboration
Since the job involves collaborating with teams and clients, share experiences that showcase your ability to work well in a team environment. Highlight any mentoring roles you've taken on, especially with junior staff.