Actuarial Graduate 2023 - Belfast, United Kingdom - Spence & Partners Limited

Spence & Partners Limited

Verified Company

Belfast, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About Us

3173 is a privately owned UK firm of pensions experts with clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol and Leeds.

The 3173 Group of companies includes Dalriada Trustees Limited (Dalriada) one of the UK's largest professional pension scheme trustee companies.

Spence & Partners provides full pension actuarial, consulting, investment consulting and administration services that provide simply smarter solutions for trustees, employers and members and Mantle:
reimagines the traditional models of defined benefit pensions administration and actuarial valuation software.

The 3173 Culture*Our primary aim is to provide interesting, worthwhile and healthy careers for all our people; we believe that this emphasis sets us apart from our competitors.

We are defined by our ethos and by our goal:

Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently.

When we get this balance right, it is how we do our best work.

We look after our staff first and foremost, but for a commercial purpose, which is to deliver great service profitably.

By focusing on our goal, we provide the best outcomes for pension scheme members, trustees, and employers.

About You
Do you want a graduate job that will provide you with:

Your own personal development plan to support you as you grow with our company and the industry?
A structured training plan which will help you grow your knowledge and drive your career?
The exposure to all aspects of our business, resulting in a breadth of knowledge and experience that will enable you to become a credible and effective actuarial professional?

If so, this is the job for you.

As an integral part of our Actuarial team, you will contribute to a wide range of work within the pensions sector; incorporating the provision of advice and technical support to the trustees and sponsoring employers of pension schemes, as well as our work with the Pension Protection Fund and charity/not for profit organisations.

This provides you with the opportunity to enhance your technical abilities and develop core actuarial competences on a daily basis whilst working in a challenging environment as part of a rapidly growing, innovative pension consulting firm.

You will liaise with colleagues throughout our office locations and work on clients from a diverse range of industries.

Responsibilities & Criteria
Key Responsibilities

As part of our Actuarial team, you will:

Help provide a client service that is proactive, timely and fully focused on the needs of the client and maintains the excellent reputation that has been established by our impressive team
Be encouraged to use your creativity and critical thinking to come up with tailormade solutions to unique problems
Demonstrate excellent communication skills through regular interaction with clients
Be trained on the use of our bespoke inhouse software, Mantle, to assist you to consider the risks to our clients and develop appropriate solutions that meet our clients' needs
Learn how to prepare actuarial and member benefit calculations, creating actuarial models to address a diverse range of client requirements
Assess the impact of changing demographics or legislation on pension schemes and the effects that changes in financial markets have on different organisations
Draft reports and presentations to clients in support of their decision making in managing their pension scheme arrangements
Support our Investment Function through the preparation of regular monitoring reports, and creating and using stochastic Asset Liability Modelling to advise clients on their investment strategies
Support our work with the Pension Protection Fund as a member of its Specialist Administration and Actuarial Services Panel
Support our Consultancy Function with managing and developing solutions for their clients
Perform in accordance with financial targets and standards; time recording, budget monitoring, billing and all other aspects of financial management

Professional Qualification
The earlier exams cover a wide range of actuarial principles, supporting your on-the-job learning. The later exams specialise in pensions and investments. Your degree course may provide exemptions from some of these exams.

We recognise that qualifying as an actuary is a challenging pathway and so we provide a comprehensive study package to help you.

Key Criteria - Essential*- An honours degree at 2:1 level or above

A Levels, or equivalent
Mathematics at Grade B or above
Excellent IT skills and competent in Microsoft packages, e.g. Word and Excel, with an aptitude for learning other systems
Experience of working proactively and using your own initiative to complete tasks
Excellent verbal and written communication skills
Ability to d