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Assistant Pensions Consultant Apprentice (35220) Xps Financing Ltd

As an Assistant Pensions Consultant you will be working within our Trustee and Governance Services. This role involves variety of pensions client support activities including governance, strategy and management, working in a friendly team.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 27 May 2022

Apprenticeship summary

  • Weekly wage


  • Working week

    Monday - Friday, 09:15 - 17:30

    Total hours per week: 36.25

  • Expected duration

    18 months

  • Possible start date

    05 Sep 2022

  • Date posted

    01 Feb 2022

  • Apprenticeship level

    Level 3 (A level)

  • Reference number


  • Positions

    2 available

This is an exciting entry-level opportunity to join an award-winning Pensions Consultancy. We provide a friendly and professional working environment with an emphasis on training and development. We put relationships at the very heart of our business. You can expect an exciting and fulfilling career in a growing business and an industry that provides a consistent challenge.
This role will be based/attached to our Reading Office however, flexible working arrangements for this role will be considered and can be discussed at interview. You can find out further information here.
Please note, the Assessment Centre for this role will be held in January 2022.
The role:

As an Assistant Pensions Consultant you will be working within our Trustee and Governance Services.

Our mission is to help our clients manage the complex issues which impact their pension scheme in a pragmatic and understandable way.

This role involves variety of pensions client support activities including governance, strategy and management, working in a team supporting more experienced colleagues. Tasks provided by the team may include, but not be limited to:

  • Assisting / advising pension scheme sponsors and Trustees as subject matter experts, pulling together the many complex and interrelated areas of pensions regulation, strategy, implementation and governance of the scheme
  • Inputting into and setting the agenda for Trustee meetings, working in collaboration with appointed legal advisers, actuaries, investment advisers, auditors and regulatory bodies
  • Assisting in communications to pension scheme members, complaints management, project management and negotiations with sponsoring employers
  • Assisting in the governance of a pension scheme – this may include the maintenance of a risk register, business plan, member nominated trustee election process, dispute resolution process and Trustee knowledge and understanding

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, our online funding software ‘Radar’ has been awarded Actuarial Software of the Year for the last two years.

Requirements and prospects

Desired skills

  • An inquisitive mind and a desire to learn
  • An understanding of the value of good customer service
  • Highly organised with the ability to prioritise effectively
  • Highly motivated and driven to succeed
  • Enjoy thinking independently and able to make decisions
  • Outstanding accuracy and attention to detail
  • Outstanding communication skills, written, oral and in presentation form
  • Desire and ability to build great relationships with colleagues and clients
  • Adaptable and a team-player
  • Strong computer skills, particularly Microsoft Office

Personal qualities

  • Independent thinker
  • Eager to learn new skills
  • Flexibility to adapt

Desired qualifications

  • Minimum of 5 GCSE passes including maths and English

Future prospects

  • Possible progression within the company and progression onto the next level apprenticeship

Things to consider

Requirements and prospects:

  • We want to help you reach your potential and be the best that you can be
  • By joining XPS you will be involved in a wide variety of work
  • You’ll be supported by on-the-job training, resulting in you developing your knowledge and abilities quickly
  • In addition, we will support you through an apprenticeship scheme to complete the Pension Management Institute (‘PMI’) exams if you wish to
  • This is a really varied role with lots of opportunities to progress, the Head of Trustee and Governance Services began their career as an Assistant Pensions Consultant! It is a great team environment where everyone is very supportive. The team work closely together and there are always opportunities to socialise outside of work, if you would like to

We offer an attractive reward package, including:

  • Competitive salary
  • Participation in Discretionary Bonus Scheme
  • A set of core benefits including pension plan, life assurance, employee assistance programme, 25 days holiday per year and access to a qualified, practising GP 24 hours a day, 365 days a year
  • A comprehensive range of voluntary benefits to suit your age and lifestyle including holiday trading, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, critical illness cover, private medical cover for self and family, travel insurance and a broad range of discounts at hundreds of retailer

 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

 XPS Pensions Group is an equal opportunities employer and positively encourages application from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief.
Please note we reserve the right to close our vacancies early.

How you will be supported:

  • Full training and support will be provided by The Growth Company to help you achieve your apprenticeship and reach your full potential in your role

What will happen next:

New applicants to The Growth Company who meet any basic entry requirements of the role will be contacted within two working days to be invited to meet a member of our team. You will then have the opportunity to find out:

  • More about this vacancy and any others you are suitable for
  • Any training you need to complete
  • What the next steps will be

About the employer

About XPS Pensions Group:

XPS Pensions Group is the largest pure pensions consultancy in the UK, specialising in actuarial, investment consulting and administration. The XPS Pensions Group business combines expertise, insight and technology to address the needs of over 1,000 pension schemes and their sponsoring employers on an ongoing and project basis. XPS undertakes pensions administration for over 870,000 members and provide advisory services to schemes of all sizes including 25 with over £1bn of assets.

XPS Pensions Group won the 2019 Professional Pensions Actuarial/Pensions Consultancy of the Year and the 2019 Professional Pensions Third Party Administrator of the Year. XPS Pensions Group was also ranked the No.1 Third Party Administrator in the Professional Pensions 2019 survey for the fourth year in five years.

We have offices in the following locations:

  • Belfast
  • Birmingham
  • Bristol
  • Chelmsford
  • Edinburgh
  • Guildford
  • Leeds
  • London
  • Manchester
  • Middlesbrough
  • Newcastle
  • Perth
  • Reading
  • Stirling
  • Wokingham


Xps Financing Ltd



Station Hill



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Training provider

The Growth Company

Applications for this apprenticeship are being processed by Skills Solutions Ltd

  • Workplace Pensions (administrator or consultant) Level 3 Apprenticeship Standard
  • Full apprenticeship training provided

Apprenticeship standard

Workplace pensions (administrator or consultant)

Level 3 (A level)

Employer's Application Instructions

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 27 May 2022