Actuarial Analyst Apprentice with XPS Pensions Ltd.

XPS Pensions Ltd Various Locations

We are looking for an A-level, or equivalent, school leaver to join our technical team to provide support for actuarial calculations and reports. This requires excellent communication and maths skills with drive and enthusiasm. We want to help you reach your potential and be the best that you can be. By joining XPS you will be involved in a wide variety of work. You’ll be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly. In addition, we will support you through an apprenticeship scheme to start you on a path of becoming a Certified Analyst wit...

Apprenticeships > Level 4 (Higher) Apprenticeship Financial Services

  • GMFJ Reference
    132916
  • Wages
    Competitive
  • Hours
    36.25 per week
  • Date Posted
    01/06/2021
  • Start Date
    01/10/2021

  • Location
    Various Locations
  • Status
    Now Taking Applications
  • Sector
    Financial Services
  • Employment Type
    Higher Level 4
  • Employer
    XPS Pensions Ltd

Description of Opportunity

We are looking for an A-level or equivalent school leaver to join our technical team to provide support for actuarial calculations and reports. This requires excellent communication and maths skills with drive and enthusiasm. We want to help you reach your potential and be the best that you can be. By joining XPS you will be involved in a wide variety of work. You’ll be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly. In addition, we will support you through an apprenticeship scheme to start you on a path of becoming a Certified Analyst within the Institute of Actuaries. We know that it’s a real challenge completing professional qualifications whilst progressing in a new job, so we’ll help you every step of the way - we’ll equip you with study materials and time to study. We will of course pay you an attractive salary alongside a broad range of other benefits which you can shape to reflect your circumstances.


Main duties and responsibilities

> To promote and adhere to the XPS workplace values.

> Assist the technical calculation team to best meet their objectives including but not limited to:

- Data analysis and manipulation.

- Running and understanding our calculation software.

- Calculating the total value of a pension schemes’ benefits for various purposes.

- Processing a wide variety of individual pension scheme member calculations.

- Drafting written advice to clients following our various standards.

- Regular liaising and communicating within the team and other departments in XPS.

> Study for IFoA CAA exams


Additional Details

We offer an attractive reward package, typical benefits can include:

> Competitive salary

> Participation in Discretionary Bonus Scheme

> 25 days holiday

> Pension Plan

> Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle

> Life Assurance cover

> XPS Rewards (offers discounts and savings from retailers and services providers as well as offers available via phone)

> Interest free season ticket loan

XPS Pensions Group is an equal opportunities employer and positively encourages application from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief.


For more information about this vacancy please contact BPP Professional Apprenticeships on 0203 131 5165 (Ref ID: 132916)

> Able to demonstrate XPS values

> Analytical mind-set, with a high level of numeracy

> An inquisitive mind and a desire to learn

> An understanding of the value of good customer service

> Outstanding accuracy and attention to detail

> Adaptable and a team-player

> Highly organised with the ability to prioritise effectively

> Strong computer skills, particularly Microsoft Excel


  • A B grade (or higher) at A-Level (or equivalent qualification) in mathematics alongside 2 other A-levels at grade C or above
  • 5 GCSE qualifications (or equivalent) at grade C/4 or above including Mathematics and English
  • Actuarial Technician Level 4

    As an Actuarial Apprentice with BPP, you will complete the Actuarial Technician Level 4 Higher Apprenticeship. Upon successful completion of this apprenticeship you will achieve CAA Modules 0 and 1 and it will provide

    a progression route into study for further actuarial qualifications.

    You will have regular catch-ups with your manager to discuss your objectives, performance and any additional support you may need. We also appreciate that our employees may wish to develop their careers in different ways so we provide a variety of different learning opportunities which fall into four broad categories:

    Programmes leading to a professional or academic qualification

    We encourage and support individuals who wish to study for relevant professional and academic qualifications and to pursue continuous professional development. This includes Actuarial, Pensions Administration and Investment study opportunities amongst others.

    Programmes relating to the enhancement of skills

    These include internal and external development providing technical training, for example on the use of software packages and specialist training relating to the skills that employees require for their job.

    Personal development training

    This can sometimes be referred to as soft skills training and refers to things like giving and receiving feedback; motivational skills; time management etc.

    Promotion Process

    Promotions are an important part of recognising progression in XPS including changes in personal contribution and responsibilities.

    Please ensure that you apply for the position as soon as possible to avoid disappointment. The closing date is a rough guideline as to when an advert will close. The advert may close before the given closing date if the employer has filled the position(s). BPP have a dedicated team who support students with disabilities, learning difficulties, health conditions and wellbeing. Please contact us at apprenticeshipapplications@bpp.com if you have any queries or would like more information.

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