Actuarial Analyst GMP (Senior Associate)

Xps Pensions Ltd; Reading; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading UK consultancy firm in Reading is seeking an Actuarial Analyst to join the GMP Equalisation Team. The role involves working with member data, reviewing calculations, and providing support to client teams. Candidates should have strong Excel skills and a keen interest in actuarial concepts. This position offers a competitive salary, annual bonuses, and a supportive environment for professional development.

Benefits

Competitive salary

Annual discretionary bonus

25 days' holiday with buy/sell flexibility

Pension matching

Healthcare plans

Life assurance

Retailer discounts

Paid volunteer days

Qualifications

• Keen interest in the pensions industry and financial landscape.
• High accuracy and attention to detail.
• Motivated to learn and succeed.

Responsibilities

• Work with and understand member data.
• Review and verify complex calculations.
• Train and manage junior colleagues.

Skills

Microsoft Excel skills

Interest in actuarial concepts

Problem-solving ability

Job description

Actuarial Analyst GMP (Senior Associate)

XPS Pensions

Reading, United Kingdom

Permanent

Full time

Competitive

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.

Our Pensions Advisory business continues to grow, and we are now looking for a number of Actuarial Analysts to join our GMP Equalisation Team. This is an exciting role and would most likely suit someone with experience as a qualified/part‑qualified pensions actuary who enjoys the technical aspects of actuarial work. We are also interested in hearing from candidates with a pensions administration background. While not a job requirement, study support is available towards actuarial qualifications if this is part of your chosen career path.

About the Role:

We are looking for a number of Actuarial Analysts to join our GMP Equalisation team. We have a unique approach to solving the problems around GMP and are looking for technically minded people to join our friendly supportive team. Though previous experience in GMP calculations is an advantage, a desire and ability to grasp complex actuarial concepts and find solutions to them is a requirement. In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members.

Key Responsibilities:

• Working with and understanding member data
• Reviewing complex calculations
• Reviewing written advice to client teams and supporting them as you work through the projects together
• Regular liaison and communication with the GMP team, client team and other departments in XPS
• Opportunity to get involved in specialist research and development teams in areas that interest you. These teams provide resources and ideas for the wider team
• Training and managing more junior colleagues as they embark on their actuarial career

Your Profile:

Essential:

• A keen interest in actuarial concepts, the wider pensions industry and financial landscape
• Excellent Microsoft Excel skills

Desirable:

• An inquisitive mind and desire to learn
• Highly motivated and driven to succeed
• Ability to problem solve and come up with solutions
• Outstanding accuracy and attention to detail
• Adaptable and a team‑player

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 [e-mail]. 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.

Who are we?

To find out more please visit: www.xpsgroup.com