Actuarial Analyst (Pensions)

Xafinity Consulting Ltd; Reading; Hybrid; GBP 55,000 - 75,000; Full time

Benefits offered by this job

Pension matching

Healthcare plans

Life assurance

Flexible benefits

Job summary

XPS Group in Reading is seeking an Actuarial Analyst (Pensions) to join the Pensions Technical Team on a permanent, full-time basis at Senior Associate level. The role offers hybrid working and a clear path to contribute to a wide range of actuarial calculations and client advisory activities.

You will develop skills through on-the-job training, work with data, and use our calculation tools to value pension scheme benefits while collaborating with multiple teams across the business.

Qualifications

• Broad understanding of how UK pensions schemes operate and how to value pension scheme benefits for different purposes.
• Excellent planning skills with the ability to prioritise and complete work in accordance with deadlines.
• Experience with large datasets and actuarial software.
• Strong IT skills with good working knowledge of MS Office suite of products, in particular Excel.

Responsibilities

• 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, in addition to the opportunity to work alongside some of our other specialist teams.
• Reviewing the work of our apprentices and junior team members.
• Training junior team members.
• Developing internal standard processes and identifying new ways to work more efficiently.

Skills

UK pensions understanding

Planning & prioritising

Data handling

Excel proficiency

Tools

Actuarial software

Radar

MS Excel

Job description

At XPS, we don't just value the work you do – we value you. Your ambition, your ideas, your career goals and your life outside of work.Whether you're looking for your next challenge, greater flexibility, or a place where you can make a real impact, you'll find opportunities to thrive at XPS. We're built on collaboration, trust and expertise, giving our people the freedom to work their way, shape their path and be themselves.If you're looking for a career where you can grow, belong and make a difference, we'd love to hear from you.Find a career that's built for you.

Actuarial Analyst (Pensions)

Contractual hours 36.25 Basis Full time Job category/type - XPS Pensions Date posted 23/09/2026 Job reference REQ003851

Job description

Actuarial Analyst (Pensions)

Location: Reading

Employment Type: Permanent, Full Time

Grade: Senior Associate

Hybrid

REQ003851

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.

About the Role:

Our Pensions Advisory business continues to grow, and we are now looking for a number of Actuarial Analysts to join our Pensions Technical Team. This is an exciting role and would most likely suit someone who is technically minded.

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.

You will be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly.

Key Responsibilities:

• 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, in addition to the opportunity to work alongside some of our other specialist teams.
• Reviewing the work of our apprentices and junior team members.
• Training junior team members.
• Developing internal standard processes and identifying new ways to work more efficiently.

We are very ambitious and want to continue our strong growth. As part of this, we are committed to developing market-leading tools and approaches for our clients. For example, you will have the opportunity to work with our online funding software ‘Radar,’ which has been awarded Actuarial Software of the Year for the last two years. The Pensions Technical team is also responsible for creating and maintaining standard calculation tools that are used throughout the wider actuarial business.

Your Profile:

Essential:

• Broad understanding of how UK pensions schemes operate and how to value pension scheme benefits for different purposes.
• Excellent planning skills with the ability to prioritise and complete work in accordance with deadlines.
• Experience with large datasets and actuarial software.
• Strong IT skills with good working knowledge of MS Office suite of products, in particular Excel.

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.

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