Senior Associate / Consultant (GMP Equalisation Specialist)

ENGINEERINGUK; Reading; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading consulting firm is looking for Senior Associates/Consultants for their GMP Equalisation team in Reading. Candidates should have at least three years' experience in pensions, a strong understanding of GMP, and an interest in actuarial concepts. The role offers hybrid working opportunities and a comprehensive benefits package.

Benefits

Competitive salary

Participation in annual discretionary Bonus Scheme

25 days holiday plus flexibility to buy or sell holiday

Healthcare cash plan

Pension scheme with matching contributions

Flexible Benefits Scheme

Life Assurance cover

Paid volunteering day

Employee Assistance Programme

Qualifications

• At least three years' experience in a pensions-related role.
• Keen interest in actuarial concepts and the pensions industry.

Responsibilities

• Analysing and interpreting member data with precision.
• Conducting detailed reviews of complex calculations.
• Crafting clear, written advice on GMP equalisation.

Skills

Microsoft Excel

Actuarial concepts

Job description

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Senior Associate / Consultant (GMP Equalisation Specialist)

Reading

Hybrid

Full Time or Part Time

Permanent

Ref: 002478



This role could be based from any of the following offices with hybrid working: Reading, Leeds, Manchester, Birmingham, Guildford, Edinburgh, London, or Belfast

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.

Our Pensions Advisory business continues to grow and we are now looking for a number of Senior Associates/Consultants to join our GMP Equalisation Team. This is an exciting role and would most likely suit someone with at least three years' 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, with a solid understanding of GMP.

While not a job requirement, study support is available towards actuarial qualifications if this is part of your chosen career path.

A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 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 in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider 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. It's about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they're happy. Above all, it's about ensuring everyone has a voice and feels valued. Because they are.

The Team

We aim to give our members the best outcomes and security in retirement through the advice we give, the services we deliver and the solutions we develop.

Learn more here: https://www.xpsgroup.com/what-we-do/pensions-advisory/

The Role

We are looking for several Senior Associates/Consultants 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 and supportive team.

Previous experience carrying out GMP Equalisation work is desirable. However, we will also consider applications from those with at least three years' experience in a pensions related role (actuarial or administrative) who have the skills to quickly obtain the technical knowledge needed to check GMP Equalisation calculations.

In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members. This includes but is not limited to:

• Analysing and interpreting member data with precision
• Conducting detailed reviews of complex calculations
• Crafting clear, written advice for our clientele on GMP equalisation
• Engaging with client teams, offering robust support throughout project lifecycles
• Collaborating with various departments within XPS, ensuring seamless communication
• Exploring specialist research and development opportunities that pique your interest, contributing valuable insights to the team
• Guiding and nurturing the next generation of actuarial talent

Your profile

Essential Criteria

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

Desirable Criteria

• Curiosity and a thirst for knowledge
• Highly motivated and driven to succeed
• Creative problem-solving skills
• Meticulous attention to detail
• Flexibility and a collaborative spirit

What we offer:

Find out more about Life at XPS

Find out more about Our People Approach

We offer an attractive reward package, typical benefits can include:

• 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, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
• Life Assurance cover, four times basic salary
• XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
• 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. For example, we can provide materials in an alternative format, or give you extra time in interviews or tests.

If you do not feel ready to apply or still have questions, please email us by clicking here




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, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.

XPS try wherever possible to respond to all applicants if for any reason you have not heard from us within 28 days of your application, please assume you have been unsuccessful on this occasion.

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