Apprentice Actuarial Analyst

XPS Group plc

Birmingham, Leeds, READING

Closes in 13 days (Friday 13 February 2026)

Posted on 30 January 2026

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Summary

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.

Wage

Competitive

Competitive wage offered

Check minimum wage rates (opens in new tab)

Training course
Actuarial technician (level 4)
Hours
Monday - Friday, 9.00am - 5.15pm.

36 hours 15 minutes a week

Start date

Tuesday 1 September 2026

Duration

2 years

Positions available

3

Work

Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.

What you'll do at work

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

Where you'll work

You can select which locations you want to apply for in your application on Find an apprenticeship.

This apprenticeship is available in these locations:

  • Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
  • 1 City Square, Leeds, LS1 2ES
  • PHOENIX HOUSE, 1 STATION HILL, READING, RG1 1NB

Training

Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.

Training provider

BPP PROFESSIONAL EDUCATION LIMITED

Training course

Actuarial technician (level 4)

Understanding apprenticeship levels (opens in new tab)

What you'll learn

Course contents
  • Obtain, analyse, model and interpret data to solve actuarial challenges and meet stakeholder objectives.
  • Analyse and logically apply actuarial techniques to given requirements and understand actuarial principles and calculations.
  • Plan and deliver actuarial tasks such as analysis and calculations within the required timescales.
  • Adapt to new requests or unforeseen events to maintain delivery of actuarial tasks.
  • Develop and maintain stakeholder relationships through providing a responsive service.
  • Identify internal stakeholder requirements and manage expectations as necessary.
  • Use digital applications and software to deliver data analysis, data visualisations and mathematical models to assist in actuarial tasks.
  • Use digital technologies safely and securely to protect the organisation from risks such as cyber-threats and data breaches.
  • Tailor communication techniques for different stakeholders.
  • Maintain internal documentation to ensure a clear and identifiable audit trail of decision making and analysis.
  • Obtain, analyse, model and interpret data to solve actuarial challenges and meet stakeholder objectives.
  • Analyse and logically apply actuarial techniques to given requirements and understand actuarial principles and calculations.
  • Plan and deliver actuarial tasks such as analysis and calculations within the required timescales.
  • Adapt to new requests or unforeseen events to maintain delivery of actuarial tasks.
  • Develop and maintain stakeholder relationships through providing a responsive service.
  • Identify internal stakeholder requirements and manage expectations as necessary.
  • Use digital applications and software to deliver data analysis, data visualisations and mathematical models to assist in actuarial tasks.
  • Use digital technologies safely and securely to protect the organisation from risks such as cyber-threats and data breaches.
  • Tailor communication techniques for different stakeholders.
  • Maintain internal documentation to ensure a clear and identifiable audit trail of decision making and analysis.

Training schedule

  • 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

Requirements

Essential qualifications

GCSE in:

  • English (grade 6-9)
  • Maths (grade 6-9)

A Level in:

Maths (or equivalent) (grade B)

Share if you have other relevant qualifications and industry experience. The apprenticeship can be adjusted to reflect what you already know.

Skills

  • Communication skills
  • IT skills
  • Attention to detail
  • Organisation skills
  • Problem solving skills
  • Administrative skills
  • Number skills
  • Analytical skills
  • Logical
  • Team working
  • Initiative

Other requirements

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.

Any employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, Satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.

About this employer

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.

http://www.xpsgroup.com/ (opens in new tab)

Company benefits

Annual discretionary bonus; 25 days’ holiday with buy/sell flexibility; Benefits include pension matching, healthcare plans, life assurance, and retailer discounts.Flexible benefits scheme, employee assistance,digital GP service.

Disability Confident

Disability Confident

A fair proportion of interviews for this apprenticeship will be offered to applicants with a disability or long-term health condition. This includes non-visible disabilities and conditions.

You can choose to be considered for an interview under the Disability Confident scheme. You’ll need to meet the essential requirements to be considered for an interview.

After this apprenticeship

  • We are committed to helping you reach your potential. By joining the Pensions Technical Team at XPS, you will work on a wide variety of projects and have access to extensive opportunities for professional development

Ask a question

The contact for this apprenticeship is:

BPP PROFESSIONAL EDUCATION LIMITED

The reference code for this apprenticeship is VAC2000011913.

Apply now

Closes in 13 days (Friday 13 February 2026)

After signing in, you’ll apply for this apprenticeship on the company's website.