Senior Technical Actuary (GMP Equalisation)

XPS Pensions Group; Reading; Hybrid; GBP 60,000 - 85,000; Full time

Job summary

A leading UK consulting firm is seeking a Senior Technical Actuary for its GMP Equalisation Team in Reading. This hybrid role combines expertise in defined benefit pensions with technical project management, offering an opportunity to contribute to an inclusive and dynamic workplace. Candidates should have extensive pensions experience and a keen interest in actuarial challenges.

Benefits

Annual discretionary bonus scheme

25 days holiday plus flexibility to buy/sell

Flexible benefits scheme

Life assurance cover

Employee Assistance Programme

Paid volunteering day

Qualifications

• Expérience importante dans l'industrie des pensions DB, dans un rôle actuariel.
• Capacité à résoudre des problèmes et à fournir des solutions.
• Intérêt marqué pour les concepts actuariels et le secteur des pensions.

Responsibilities

• Travailler avec des données membres et approuver des calculs complexes.
• Communiquer les résultats aux équipes clients et assister lors des projets.
• Former et encadrer des collègues moins expérimentés.

Skills

Problem Solving

Attention to Detail

Adaptability

Education

Qualified Actuary

Job description

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Senior Technical Actuary (GMP Equalisation), Reading

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Client:

XPS Pensions Group

Location:

Reading, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

3043829adb2f

Job Views:

3

Posted:

02.07.2025

Expiry Date:

16.08.2025

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Job Description:

Senior Technical Actuary GMP Equalisation

Hybrid

Full Time or Part Time

Permanent

Ref: 002846

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 qualified actuaries to join our GMP Equalisation Team. This is an exciting senior role and would most likely suit someone who enjoys the technical aspects of actuarial work, with plenty of defined benefit pensions experience.

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:

The Role

We are looking for a number of qualified pensions actuaries 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.

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. This includes but is not limited to:

• Working with and understanding member dataReviewing and signing off on complex calculationsReviewing and signing off on written advice to clients on this topicCommunicating results to client teams and supporting them as you work through the projects together. Can include, if desired, delivering advice to clients in meetings.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

• Extensive experience in DB pensions industry, in an actuarial role
• keen interest in actuarial concepts, the wider pensions industry and financial landscape
• An inquisitive mind and a 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:

Find out more about

Find out more about

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

• Participation inannual discretionary Bonus Scheme
• 25 days holiday plus flexibility to buy or sell holiday
• Flexible Bank holidays
• 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 (offersHigh Streetdiscounts 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

The successful candidate will need to demonstrate the following requirements:

• Right to Work confirmation
• 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.