Actuarial and Consulting Apprentice (ISIO)

Summary

Start your career as an Actuary working for Isio, an industry-leading challenger, providing Pensions, Benefits, Investment and Wealth services – ensuring better outcomes for our clients our people and society. Isio's award winning Apprenticeships will give a solid foundation for your professional career as an Actuary.

Wage: £21,000 a year
Minimum wage rates (opens in new tab)
Training course: Actuarial technician (level 4)
Hours: Monday to Friday. Shifts to be confirmed.
35 hours a week
Possible start date: Wednesday 24 September
Duration: 2 years 3 months
Positions available: 2

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

As an industry leader, we offer a wide range of opportunities for Apprentices to train and build their core consulting and analytical skills. But we will also want to hear your views and help you introduce fresh ways of thinking. Some of the things you’ll be involved in as an actuarial Apprentice are below but remember, our work stretches beyond pensions and that’s where we set ourselves apart.

Applying actuarial skills and concepts to calculate the value of pension and other benefits for employers and trustees.
Financial modelling and risk analysis to help clients understand their future pension obligations and principal risks.
Advising clients on their pensions strategy and how to manage these risks, both on a day-to-day basis and when considering a long-term objective.
Designing and implementing employee communication programmes.
Helping clients understand and manage accounting, tax and legislative changes that affect their pension schemes.
Contributing to proposals for new business opportunities.
Attending client meetings and explaining the team’s work.

During your apprenticeship, you will get the opportunity to develop analytical skills while observing how we effectively consult for our clients.

Where you’ll work

Boar Lane

Leeds

LS1 5DA

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

BPP ACTUARIAL EDUCATION LIMITED

Your training course

Actuarial technician (level 4)

Equal to higher national certificate (HNC)

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.

Your training plan

This training plan has not been finalised. Check with this employer if you’ll need to travel to a college or training location for this apprenticeship.

More training information

As an Actuarial Apprentice at Isio, you will complete the Actuarial Technician Level 4 Higher Apprenticeship with BPP as the training provider. As part of this apprenticeship, you will complete Actuarial Technician modules in Practical Mathematics and Statistics and Finance and Financial Mathematics.

Requirements

Essential qualifications

GCSE in:

5 GCSE's including English and Maths (grade (A*-C/9-4 or equivalent))

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Number skills
Team working
Confident in communication
Enthusiastic
Self motivated
Self-discipline
Time management skills

Other requirements

Qualifications equivalent to 64 UCAS points (since 2017), or 180 UCAS points (before 2017) across 3 A Levels or equivalent qualifications.

About this company

Isio provides full-service pensions consultancy to our 1000+ corporate clients, from actuarial expertise through to investment advice and third-party administration and advising clients on providing the best possible reward and benefits packages for their employees. Isio launched in March 2020 out of KPMG UK’s pensions practice and has grown to over 1000 people working across 10 offices across the UK.

After this apprenticeship

After completing the Level 4 Apprenticeship successfully while performing well at work support will be provided to progress to achieving full qualification as an actuary as a Fellow of the Institute and Faculty of Actuaries.

Ask a question

The contact for this apprenticeship is:

BPP ACTUARIAL EDUCATION LIMITED

The reference code for this apprenticeship is VAC1000298357.

Apply now

Closes in 10 days (Friday 21 February)

When you apply, you’ll be asked to sign in with a GOV.UK One Login. You can create one at the same time as applying for this apprenticeship.

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

Company’s application instructions

Please apply with the link provided.

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