Actuarial & Consulting Apprentice With ISIO

Type: Apprentice
Region: North West

Working as an Actuarial Apprentice at Isio will require a good level of numerical ability which will be assessed during our recruitment process.

An actuarial career in pensions requires a high level of both numeracy and communication skills – as well as the enthusiasm and drive needed to gain professional qualifications and succeed in a fast-moving market. Our clients value strong technical knowledge in understanding the required capacity of pension funds.

Isio’s Actuarial Apprenticeship programme offers the opportunity to get more insight and build valuable experience of both technical actuarial knowledge and skills and effective workplace skills.

What you will be doing

As an industry leader, we offer a wide range of opportunities for graduates to train and build their core consulting and analytical skills. But we 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. You will get to be involved in work we do to for our clients including:

Calculation work either on an individual member or company basis.

Building financial models involving statistical methods.

Drafting communication materials.

Helping with identifying and researching business opportunities.

Sharing knowledge with colleagues throughout the Isio supporting our goal to continuously improve the service we offer our clients.

Training and Development

We will support you in working with our training partner to complete a Level 4 Actuarial Technician Apprenticeship. Alongside this you will also benefit from in-house training technical actuarial skills, knowledge, and key workplace skills.

After successful completion of your Level 4 Apprenticeship the aim will be to support you in achieving qualification as an Actuary as a Fellow of the Institute of Actuaries through a Level 7 Apprenticeship.

Isio’s Apprenticeship Programme is just the start. It will give you a strong foundation, great client experience, professional training, and core consulting skills. Given our exciting growth plans, there are opportunities to progress a really varied career as an Actuary in Pensions as you build specialist skills and knowledge in your field of interest (obviously this is subject to what our clients’ needs are too). Throughout your career you’ll be offered ongoing support and opportunities to develop your expertise, both on challenging client projects and through training.

As we extend beyond pensions, and you move through your career you’ll also be given the opportunity to branch out and broaden your horizons. Some of the extra experiences you could get involved with include broader employee benefit design and advice, financial coaching, and wealth management.

We also have a growing Digital Solutions team, helping us innovate and using technology to drive change in our industry through the development of digital risk management tools, member engagement applications and other web-based software applications.

We’re also considering the use of AI and how big and complex data solutions can be applied across the whole industry to help change it for the better.