This is a 2 years and 6 months Level 4 Apprenticeship giving you the opportunity to gain valuable hands on experience while working towards your Actuarial Technician qualification. You will join as part of the Investment 20/20 programme, which will introduce you to Investment Management and you will gain industry knowledge, skills and develop relationships enabling you to progress your career. You will have opportunities to meet and network with over 300 trainees across the industry and participate in socials and insight events.
This is a 30-month programme paying £21,000 plus a discretionary bonus of up to 20%. You will receive a generous rewards package including private medical insurance, health cash plan, critical illness insurance, 26 days annual leave, volunteering leave and a choice of generous defined benefit (Civil Service) or defined contribution pension scheme. This role is from our Croydon Head Office and we have a flexible working environment allowing remote working, with typically at least 2 days per week in the office.
As an apprentice, you will spend 20% of your time working towards achieving your Level 4 Actuarial Technician qualification, the rest of your time will be spent working with your team and gaining the skills you need to build your expertise.
You will learn:
Actuarial Techniques - actuarial modelling techniques for the pensions industry
Processes and Principles - Technical know-how and general awareness of the impact of the various actuarial concepts, models and approaches, e.g. how changing the assumptions into a model (such as future rates of inflation) affects the output, such as the value of liabilities of a pension scheme
Technology - A good understanding of how actuarial software, technology and tools can be used to provide answers and solutions to clients, e.g. using Microsoft Excel to manipulate large data sets.
Industry regulation - A broad understanding of the structure of the Financial Services market, the Institute and Faculty of Actuaries and the professional requirements and regulatory environment in which they operate.
Some of the tasks and projects you’ll be involved in are:
Using Excel to prepare data for input into a model and checking the data for accuracy.
Using the output of spreadsheets and models to populate reports and presentations.
Drafting responses to internal and external queries and assist in the analysis underlying external publications related to levy.
Learning to use technical software and tools.
Skills and requirements
If you are interested in building your career as an actuary and have the following attributes, we are interested in hearing from you:
Enjoys working with maths and interpreting data
Has a curious, logical mind and enjoys problem-solving
Team player with a user-focused approach;
A ‘can do’ attitude to learning and enjoys developing new skills;
A good communicator, both oral and written.
Good working knowledge of the Microsoft suite especially Excel.
keen interest in technology and coding experience would be a bonus
To be eligible for this programme you will need to be at least 18 years old by 1st September 2022 and have, or be predicted to achieve, a minimum of 104 UCAS points including a B or above in A Level Maths.
- A Level (or equivalent) Mathematics B grade or above (predicted grades may be used)
- Good verbal and written communication skills
- Strong numerical and analytical skills
- Strong IT Skills (including a working knowledge of excel)
- Experience of using VBA or other coding programmes
- The ability to work as part of a team and also achieve individual tasks with little supervision
- The ability to plan and organise workload, whilst incorporating suitable time for study
- Ability to explain complex concepts in a simple way
Please ensure that you apply for the position as soon as possible to avoid disappointment. The closing date is a rough guideline as to when an advert will close. The advert may close before the given closing date if the employer has filled the position(s).
BPP have a dedicated team who support students with disabilities, learning difficulties, health conditions and wellbeing. Please contact us at firstname.lastname@example.org if you have any queries or would like more details.