Working as an Actuarial Apprentice at Isio will require a good
level of numerical ability which will be assessed during our recruitment
process.
An actuarial career in pensions requires a high
level of both numeracy and communication skills – as well as the enthusiasm and
drive needed to gain professional qualifications and succeed in a fast-moving
market. Our clients value strong technical knowledge in understanding the
required capacity of pension funds.
Isio’s Actuarial Apprenticeship programme offers
the opportunity to get more insight and build valuable experience of both
technical actuarial knowledge and skills and effective workplace skills.
What you will be doing
As an industry leader, we offer a wide range of
opportunities for graduates to train and build their core consulting and
analytical skills. But we also want to hear your views and help you introduce
fresh ways of thinking. Some of the things you’ll be involved in as an
actuarial Apprentice are below but remember, our work stretches beyond pensions
and that’s where we set ourselves apart.
Applying actuarial skills and concepts to
calculate the value of pension and other benefits for employers and trustees.
Financial modelling and risk analysis to help
clients understand their future pension obligations and principal risks.
Advising clients on their pensions strategy and
how to manage these risks, both on a day-to-day basis and when considering a
long-term objective.
Designing and implementing employee
communication programmes.
Helping clients understand and manage
accounting, tax and legislative changes that affect their pension schemes.
Contributing to proposals for new business
opportunities.
Attending client meetings and explaining the
team’s work
During your Apprenticeship you will get the
opportunity to develop analytical skills while observing how we effectively
consult for our clients. You will get to be involved in work we do to for our
clients including:
Calculation work either on an individual member
or company basis.
Building financial models involving statistical
methods.
Drafting communication materials.
Helping with identifying and researching
business opportunities.
Sharing knowledge with colleagues throughout the
Isio supporting our goal to continuously improve the service we offer our
clients.
Training and Development
We will support you in working with our training
partner to complete a Level 4 Actuarial Technician Apprenticeship. Alongside
this you will also benefit from in-house training technical actuarial skills,
knowledge, and key workplace skills.
After successful completion of your Level 4
Apprenticeship the aim will be to support you in achieving qualification as an
Actuary as a Fellow of the Institute of Actuaries through a Level 7
Apprenticeship.
Isio’s Graduate Programme is just the start. It
will give you a strong foundation, great client experience, professional
training, and core consulting skills. Given our exciting growth plans, there
are opportunities to progress a really varied career as an Actuary in Pensions
as you build specialist skills and knowledge in your field of interest
(obviously this is subject to what our clients’ needs are too). Throughout your
career you’ll be offered ongoing support and opportunities to develop your
expertise, both on challenging client projects and through training.
As we extend beyond pensions, and you move
through your career you’ll also be given the opportunity to branch out and
broaden your horizons. Some of the extra experiences you could get involved
with include broader employee benefit design and advice, financial coaching,
and wealth management.
We also have a growing Digital Solutions team,
helping us innovate and using technology to drive change in our industry
through the development of digital risk management tools, member engagement
applications and other web-based software applications.
We’re also considering the use of AI and how big and complex data
solutions can be applied across the whole industry to help change it for the
better.