Pensions Actuarial Placement 2027

XPS Group; Birmingham; On-site; GBP 21,000 - 26,000; Full time

Benefits offered by this job

Competitive salary

25 days’ holiday with buy/sell options

Pension matching

Healthcare plans

Life assurance

Digital GP service

Volunteer days

Referral bonuses

Job summary

XPS Group is a leading UK pensions consultancy and administration business with offices across the UK. This 1-year placement in the Actuarial Team in Birmingham offers real client exposure, including member calculations, valuations of benefits, and long-term strategy advice.

We look for candidates working towards a 2:1 honours degree, ideally in maths, economics or a science subject, with strong A-level maths and Excel skills.

Qualifications

• Excellent interpersonal skills.
• Client-focused approach.
• Well-developed communication skills, both orally and in writing.
• Ability to work as part of a multi-disciplinary team.
• Eagerness to take on responsibility.
• Excel competency.

Responsibilities

• Carry out individual member calculations.
• Valuations of benefits for pension schemes.
• Advise on clients’ long-term strategies.

Job description

Student Placement - Actuarial Team 2027

Location: Birmingham

Grade: Associate

Employment Type: Full-time, Fixed Term - 1 Year Placement

REQ003873

We are currently taking applications for undergraduates looking to pursue a placement year starting in September 2027. This role will be a 1 year placement in one of our vibrant offices. There will be the possibility of a Graduate role in the future.

About XPS Group

XPS Group is a leading UK consulting and administration business specialising in the pensions sector and providing wider ranging support to insurance companies in the life and bulk annuities sector.

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 Team

Our actuaries work closely with trustees and plan sponsors to devise a funding plan suited to each scheme - within the constraints of legislation. Each of our offices offering placements provide actuarial and consultancy advice to a range of trustee and corporate clients and are part of a larger actuarial community across all of our UK office locations.

About The Role

Our placement students are exposed to a variety of real client issues and from the start you will become a valuable member of a motivated, supportive and sociable team. Our students are exposed to all aspects of the work of our actuarial team, for example carrying out individual member calculations, valuations of benefits for pension schemes and advising on clients’ long-term strategies. We believe that the experience we offer our placement students allows them to develop invaluable skills that will help them greatly with their future studies and career.

Essential

Your Profile:

• Successful candidates will have excellent organisation skills as well as the ability to “think outside the box” to deliver solutions for our clients. It is also really important that the candidate works well with others as part of a team. Working together is something we pride ourselves on at XPS Group; our office have an atmosphere where everyone is willing to help and offer their advice and support.
• Excellent interpersonal skills.
• A client-focused approach with the potential and desire to deliver excellent client service.
• Well-developed communication skills, both orally and in writing, and suitable for a diverse range of people.
• An ability to work as part of a multi-disciplinary team and an aptitude for working with people.
• An eagerness to take on responsibility and an ability to manage multiple demands on your time.
• Ideally, you will be competent in Microsoft Office, particularly Excel, and have a general interest in our industry.

Essential Qualifications

• This role requires you to be working towards a minimum of a 2:1 honours degree in any discipline, although ideally mathematics, economics or a science-based subject. Please ensure that you include individual module marks for your university degree course to date within your CV. You will also need to have achieved an A grade (or higher) at A-Level (or equivalent qualification) in mathematics.

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