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- Tasks: Conduct cashflow valuations and develop actuarial models for pension schemes.
- Company: Join XPS Group, a leading consultancy in pensions and insurance.
- Benefits: Competitive salary, bonus, 25 days holiday, and flexible benefits.
- Why this job: Make a real impact in a dynamic, inclusive workplace with growth opportunities.
- Qualifications: Experience in pensions valuations and strong IT skills required.
- Other info: Participate in volunteering events and enjoy a supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
Location: Reading, London, Manchester or Leeds
Employment Type: Permanent, Full Time
Grade: Consultant
Hybrid
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:
Our Pensions Advisory business continues to grow, and we are now looking for an experienced Consultant - Actuarial to join one of our vibrant offices in Reading, London, Manchester, or Leeds office with hybrid working. This is an exciting role and would most likely suit someone with previous pensions valuation experience.
Key Responsibilities:
- Carry out cashflow valuations of funds considering buyout/buy-in insurance contracts
- Be involved in data and actuarial bases preparation using in-house standard approaches and the use of (MS-based) in-house developed software
- Produce complex actuarial models and calculations (Individual benefit and transfer value calculations)
- Develop a basic understanding of relevant technical issues, including scheme documentation
- Report to the team leader where tight deadlines and/or budgets have been imposed
- Prioritise and plan personal workflow
Your Profile:
Essential:
- Previous experience in pensions valuations is required
- Strong IT skills, expertise in MS Excel is essential
- Good analytical skills and ability to work through tasks in a logical manner
- A keen interest in actuarial concepts
- A high level of numeracy
- Ability to work well under time pressure and communicate findings with clarity will be necessary attributes
- An inquisitive and analytical mind
- Outstanding accuracy and attention to detail
- Excellent written and verbal communication
- Highly organised with the ability to prioritise effectively
- Broad understanding of how the UK pensions schemes operate, with an understanding of the UK Pensions Act with the ability to interpret rules and awareness of what they mean for client work
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.
Consultant - Actuarial in Reading employer: XPS Pensions Group
Contact Detail:
XPS Pensions Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consultant - Actuarial in Reading
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Consultant - Actuarial role.
✨Ace the Interview
Prepare for those tricky interview questions by practising your responses. Think about your previous pensions valuation experience and how it relates to the role. Show them you’re not just a number cruncher but someone who can communicate complex ideas clearly.
✨Show Off Your Skills
When you get the chance, demonstrate your strong IT skills and analytical abilities. Bring examples of your work, especially any complex actuarial models you've created. This will help you stand out as a candidate who’s ready to hit the ground running.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about joining XPS Group.
We think you need these skills to ace Consultant - Actuarial in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Consultant - Actuarial role. Highlight your previous pensions valuation experience and any relevant skills, especially your IT prowess with MS Excel. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial work and how your analytical skills can contribute to our Pensions Advisory business. Keep it engaging and personal!
Showcase Your Attention to Detail: In the world of actuarial consulting, accuracy is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their work meticulously, as it reflects your professional standards.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our dynamic team!
How to prepare for a job interview at XPS Pensions Group
✨Know Your Numbers
As a Consultant - Actuarial, you'll need to demonstrate your strong numeracy skills. Brush up on your understanding of pensions valuations and be ready to discuss specific examples from your past experience. This will show that you can handle the technical aspects of the role with confidence.
✨Master MS Excel
Since expertise in MS Excel is essential for this position, make sure you're comfortable with advanced functions and data analysis tools. Consider preparing a few examples of how you've used Excel in previous roles to solve complex problems or streamline processes.
✨Communicate Clearly
Excellent written and verbal communication skills are crucial. Practice explaining complex actuarial concepts in simple terms, as you may need to communicate findings to clients or team members who aren't as familiar with the technical details. This will highlight your ability to convey information effectively.
✨Stay Organised Under Pressure
With tight deadlines and budgets, it's important to showcase your organisational skills. Prepare to discuss how you've prioritised tasks in high-pressure situations in the past. This will demonstrate your ability to manage workflow efficiently while maintaining accuracy and attention to detail.
