At XPS Group we operate a hybrid/flexible working style. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief. As part of our Disability Confident pledge we run the ‘Offer an interview’ scheme at XPS. If you have a disability and meet the ‘essential criteria’ described in the person specification for the role being applied for, you are guaranteed an interview. Access to the Disability Confident scheme simply requires you to (1) Show you meet the essential criteria described in the person specification, and (2) In the Offer an Interview Scheme section on our application form tick the box for 'do you wish to be considered under the Guaranteed Interview Scheme?' If you are successful in your application you undertake pre-employment checks which include: Right to Work confirmation, DBS Disclosure check, Qualification checks, Employment and/or educational references covering five years & Satisfactory credit check. If you have any questions or require further assistance, please email recruitment@xpsgroup.com
Actuarial Apprenticeship - Sept 2025 intake
Location: Leeds, Birmingham or Reading
Contractual hours: 36.25, Full Time, Permanent
Region: Multi - Location
Job category/type: XPS Pensions
Date posted: 17/02/2025
Job reference: REQ002792
Job description
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
XPS Group is growing, and we are now looking to recruit multiple Apprentice Actuarial Analysts to join our team in September 2025. These are exciting roles and would most likely suit those who are technically minded.
These roles will be based in Reading, Birmingham or Leeds and will require five days per week attendance for an initial period of 3 months as part of our onboarding and training programme, with this gradually reducing to a minimum of two days a week in line with our flexible working policy.
We aim for a two stage process and those successful candidates who pass the initial application stage will be invited to attend an assessment centre, which will be held in person in either our Birmingham office (2nd April) or Reading office (3rd April).
As a FTSE 250 company, XPS Group combines expertise and insight with advanced technology and analytics to address the needs of over 1,600 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors of all sizes, including 88 with assets over £1bn. Additionally, we offer wide-ranging support to insurance companies in the life and bulk annuities sector.
Our people drive our success, and as an XPS employee, you can bring your whole self to work - everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best.
The Role
You will be joining our Pensions Technical Team, which exists to provide support to our wider Actuarial Team, focusing on undertaking technical calculations required for a wide range of actuarial work. We are a multi award winning team at the forefront of our industry.
You will be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly. In addition, we will support you through the Level 4 Actuarial Technician Apprenticeship in partnership with BPP, a leading global education provider. This includes spending 20% of your working hours on a formal programme of off-the-job-training.
As part of the Pensions Technical Team, you will be assisting the team in meeting their objectives, which include, but are not limited to:
* Data analysis and manipulation.
* Running and understanding our calculation software.
* Calculating the total value of 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 with other departments at XPS.
Your profile
Essential Criteria
This is an entry-level role which may suit an A-level school/college leaver or someone looking for a career change. You will have an analytical mindset, with a high level of numeracy, as well as an inquisitive mind and a desire to learn. You will understand the value of building strong relationships with internal teams and have outstanding accuracy with excellent attention to detail.
In line with the eligibility criteria for the apprenticeship, we require candidates to have achieved (or be predicted to achieve) a minimum of grade B at A-level in a mathematically related subject.
We want someone who is unafraid to express a view and can clearly articulate their ideas, thereby contributing to the ideas we rely on to achieve our aims.
What we offer:
* Competitive salary
* Participation in annual discretionary Bonus Scheme
* 25 days holiday plus flexibility to buy or sell holiday
* Flexible Bank holidays
* Pension scheme, matching contribution structure
* Healthcare cash plan
* Flexible Benefits Scheme to support you in and out of work
* Life Assurance cover, four times basic salary
* XPS Rewards (offers High Street discounts and savings)
* Employee Assistance Programme for you and your household
* Access to a digital GP service
* Paid volunteering day when participating in Company organised events
* Staff referral scheme when you introduce a friend to XPS
What next:
If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.
Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process.
The successful candidate will need to demonstrate the following requirements:
* Right to Work confirmation
* DBS Disclosure check
* Employment or educational references covering five years
* Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued.
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