Apprentice Actuarial Analyst

Overview

Location: Reading

Employment Type: Permanent, Full Time

Grade: Associate

Hybrid

REQ
003446

This role will be based in one of the following offices:
Birmingham, Leeds or Reading - however, flexible working arrangements will be considered and can be discussed  will be required to attend the office five days a week initially as part of our onboarding and training programme, with this gradually reducing to a minimum of two days a week in line with our flexible working policy.

Please note:

Successful candidates who pass the initial application stage will be invited to attend an assessment centre, which will be held in person in either our Leeds or Reading offices. Assessment centres are scheduled for the week commencing 23rd March 2026.

As a FTSE 250 company, XPS Group 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 of all sizes, including 88 with assets over £1bn.

Additionally, we offer wide-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 at XPS, and that they're happy.

Above all, it's about ensuring everyone has a voice and feels valued - because they are.

XPS Group is growing, and we are now looking to recruit multiple Apprentice Actuarial Analysts to join our team in September 2026.

We are 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 apprentices to join our Pensions Technical Team. This is an exciting role and would most likely suit someone who is technically minded.

You will be joining our Pensions Technical Team, which exists to provide support to our wider Actuarial Team, focusing on undertaking technical calculations required for a wide range of actuarial work.

You will be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly. In addition, we will support you through the Level 4 Actuarial Technician Apprenticeship in partnership with BPP, a leading global education provider. This includes spending 20% of your working hours on a formal programme of off-the-job-training.

As Part Of The Pensions Technical Team, You Will Be Assisting The Team In Meeting Their Objectives, Which Include, But Are Not Limited To

• Data analysis and manipulation.
• Running and understanding our calculation software.
• Calculating the total value of pension schemes’ benefits for various purposes.
• Processing a wide variety of individual pension scheme member calculations.
• Drafting written advice to clients following our various standards.
• Regular liaising and communicating within the team and with other departments at XPS, in addition to the opportunity to work alongside some of our other specialist teams.

We are very ambitious and want to continue our strong growth. As part of this, we are committed to developing market-leading tools and approaches for our clients. For example, you will have the opportunity to work with our online funding software ‘Radar,’ which has been awarded Actuarial Software of the Year for the last two years. The Pensions Technical team is also responsible for creating and maintaining standard calculation tools that are used throughout the wider actuarial business.

• This is an entry-level role suitable for individuals who have recently completed A‑Levels or equivalent…