Actuarial Assistant

Actuarial Assistant

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as an Actuarial Assistant, working on diverse actuarial projects and client engagements.
  • Company: XPS Group is a leading UK consultancy in pensions and insurance, with over 2000 employees.
  • Benefits: Enjoy a competitive salary, annual bonus, flexible holidays, and health benefits including pension matching.
  • Why this job: This role offers hands-on experience, a vibrant culture, and the chance to make a real impact.
  • Qualifications: Nearly or newly qualified actuary with a strong understanding of UK pension schemes and excellent communication skills.
  • Other info: We promote diversity and offer paid volunteer days to support community engagement.

The predicted salary is between 28800 - 48000 £ per year.

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Actuarial AssistantActuarial Assistant
Permanent, Full Time
Senior Associate
Hybrid
REQ003029
XPS Group is a prominent and growing UK consultancy and administration firm within the pensions and insurance sectors. As a FTSE 250pany 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 Actuarial Assistant to join one of our vibrant offices in Leeds, Reading, Bristol, Manchester, Guildford, Edinburgh, Belfast or Birmingham with hybrid working. This is an exciting opportunity for a nearly or newly qualified actuary to work on a wide range of actuarial projects and client engagements. You will play a key role in delivering high-quality advice and analysis to trustees and corporate clients, supporting scheme valuations, accounting disclosures, and de-risking exercises.

  • Attend client meetings and present actuarial findings where appropriate.
  • Review actuarial calculations including valuations, accounting disclosures, and individual benefits.
  • Interpret results to advise on contribution rates, liability reduction, and risk management strategies.
  • Draft reports, emails, and presentations tomunicate actuarial advice.
  • Support membermunications and respond to individual queries.
  • Manage client work allocation and ensure timely delivery of tasks.
  • Maintain technical knowledge of regulations, codes of practice, and actuarial standards.
  • Contribute to internal training and process improvement initiatives.
  • Your Profile
    Essential

  • Nearly or newly qualified actuary with experience in the pensions industry.
  • Strong understanding of UK pension scheme operations and legislation.
  • Excellent planning and time management skills.
  • Clear and confidentmunicator, able to explainplex issues simply.
  • Proficient in Microsoft Office, especially Excel.
  • Proactive approach to learning and development.
  • Desirable

  • Experience working with trustees and corporate sponsors.
  • Familiarity with bulk annuity transactions or incentive exercises.
  • Qualifications:
    Nearly or newly qualified actuary (IFoA or equivalent).
    What We Offer:
    Enjoy apetitive 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 via Apply Now option or contact for more information. Join XPS Group and contribute to a dynamic and inclusive workplace.
    Equal Opportunities Statement:
    XPS Group ismitted to diversity and equal opportunities. We wee 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: xpsgroup Job ID 560602C6N3

    #J-18808-Ljbffr

    Actuarial Assistant employer: XPS Pensions

    XPS Group is an exceptional employer that prioritises the growth and well-being of its employees, offering a competitive salary, annual bonuses, and a flexible benefits scheme. With a vibrant work culture across multiple locations including Leeds, Reading, and Manchester, employees are encouraged to engage in professional development and community volunteering, fostering a supportive and inclusive environment for nearly and newly qualified actuaries to thrive.
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    Contact Detail:

    XPS Pensions Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Actuarial Assistant

    ✨Tip Number 1

    Familiarise yourself with the latest UK pension scheme regulations and actuarial standards. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

    ✨Tip Number 2

    Network with professionals in the pensions industry, especially those who work as actuaries or in consultancy roles. Attend relevant events or webinars to make connections that could lead to job opportunities.

    ✨Tip Number 3

    Prepare to discuss specific actuarial projects you've worked on, highlighting your role and the impact of your contributions. This will showcase your practical experience and problem-solving skills during interviews.

    ✨Tip Number 4

    Practice explaining complex actuarial concepts in simple terms. As an Actuarial Assistant, you'll need to communicate findings clearly to clients, so honing this skill will set you apart from other candidates.

    We think you need these skills to ace Actuarial Assistant

    Actuarial Knowledge
    Understanding of UK Pension Scheme Operations
    Analytical Skills
    Attention to Detail
    Communication Skills
    Client Management
    Report Writing
    Time Management
    Proficiency in Microsoft Excel
    Problem-Solving Skills
    Knowledge of Actuarial Standards and Regulations
    Presentation Skills
    Proactive Learning Approach
    Team Collaboration

    Some tips for your application 🫡

    Understand the Role: Before applying, make sure you fully understand the responsibilities of an Actuarial Assistant. Familiarise yourself with the key tasks mentioned in the job description, such as supporting scheme valuations and drafting reports.

    Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the requirements of the role. Emphasise your qualifications as a nearly or newly qualified actuary and any experience in the pensions industry.

    Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the position and the company. Mention specific projects or experiences that demonstrate your ability to deliver high-quality actuarial advice and analysis.

    Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

    How to prepare for a job interview at XPS Pensions

    ✨Understand the Role

    Make sure you have a solid grasp of what an Actuarial Assistant does. Familiarise yourself with key responsibilities like supporting scheme valuations and interpreting results. This will help you answer questions confidently and demonstrate your enthusiasm for the role.

    ✨Brush Up on Technical Knowledge

    Since the role requires a strong understanding of UK pension scheme operations and legislation, review relevant regulations and actuarial standards. Being able to discuss these topics will show that you're proactive and knowledgeable.

    ✨Prepare for Client Interaction

    As you'll be attending client meetings and presenting findings, practice explaining complex actuarial concepts in simple terms. This will not only help you during the interview but also in your future role when communicating with clients.

    ✨Showcase Your Communication Skills

    Since clear communication is essential, prepare examples of how you've effectively communicated complex information in the past. Whether through reports, emails, or presentations, being able to articulate your thoughts clearly will set you apart.

    Actuarial Assistant
    XPS Pensions
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    • Actuarial Assistant

      London
      Full-Time
      28800 - 48000 £ / year (est.)

      Application deadline: 2027-08-09

    • X

      XPS Pensions

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