Actuarial Technician Level 4 Apprenticeship

Actuarial Technician Level 4 Apprenticeship

Kilter’s Values

• Expert Partnerships - Each Kilter employee is regarded as an expert in their own field, with a unique skillset that they use to support and collaborate with peers, helping to achieve the company goals
• Agile Solutions - Kilter employees have access to a flexible working environment where transparency is key to the culture and working model. This means having positive working relationships with colleagues and sharing responsibilities as well as successes
• Accelerated Opportunity - Kilter has a culture that prioritises individual learning and development. Kilter wants employees to take on new responsibilities and progress their career alongside the company's growth. They expect employees to take personal responsibility in their roles and work autonomously and creatively

Kilter's Working Structure

As we have team members working in different time zones, Kilter is predominantly a remote organisation. We have a London office for the UK team to work from whenever they need to and the UK team work from there roughly 1 day a week. We have regular team lunches and an annual offsite so there are various opportunities to catch up with colleagues in person.

The Investment team plan to be in the office around 3 days a week during the induction period of this position, to support the apprentice as they settle into their new role.

The Role

To support Kilter’s growth, they are looking to hire an Actuarial Apprentice to support the Investment team. The person in this role will report to the Investment Vice President and work closely with the 2 Investment Associates and the Investment Analyst. The Investment Apprentice will have the opportunity to gain hands on experience by supporting the Investment Team in the provision of Professional Services to other group companies as it relates to the advising and arrangement of investments.

The two key pillars of the Professional Services the Investment Apprentice will be involved in are:

1. Financial diligence: The detailed assessment of the financial position of a company into which the Kilter group’s external clients may or have invested.
2. Actuarial diligence: The assessment of the current, and future, strategic asset allocations and reserve adequacy of a company into which the Kilter group’s external clients may or have invested.

Key Responsibilities

Under supervision and with training, you will assist in:

• Supporting the analysis of financial statements, including income statements and balance sheets.
• Learning to assess earnings quality and balance sheet strength.
• Assisting in the preparation of financial summaries and reports.
• Helping evaluate strategic asset allocations and reserve adequacy.
• Supporting the review of actuarial models and assumptions.
• Contributing to the development of insights into long-term financial sustainability

Additional Tasks

• Preparing work products to support advice delivered by Kilter Finance Advisors Limited.
• Conducting market and company research to support investment decisions.
• Assisting in due diligence processes for potential investments.
• Monitoring existing client investments and preparing performance summaries.
• Collaborating with senior team members to contribute to investment term sheets.

What You’ll Learn

• Fundamentals of actuarial and financial analysis.
• How investment decisions are made in a professional advisory setting.
• Communication and presentation of technical findings.

Skills Required

The ideal candidate will be highly personable and able to approach their role with enthusiasm and high-energy. They must be willing and able to learn quickly, and have the ability to function equally well in a team setting and on a self-directed basis. As this role combines work and study, they must be able to juggle multiple deadlines with their workload independently.

As Kilter employees are based in various working locations and UK employees do not have mandated office days, the candidate must also be comfortable working remotely.

Basic Qualifications required for this role

• Maths and English GCSE’s at grades 9-4
• Maths A level with a minimum predicted grade B
• 2 additional A levels with minimum predicted grades A*-C
• Ability to produce clear, accurate and grammatically correct written content
• Proficiency of Microsoft Office would be beneficial, particularly Excel, Word and PowerPoint

Benefits

An annual salary of £28,000. Kilter employees are also eligible to access private healthcare and dental, salary sacrifice EV car scheme, pension scheme and a health and wellness benefit.

Apprenticeship Scheme Details

The course provider for Kilter’s Actuarial Apprenticeship will be BPP (Level 4 Actuarial Technician Apprenticeship - BPP). The course is run remotely, so classes are virtual and access to all study materials will be distributed online. Students will have access to a Virtual Learning Environment (VLE) where they can reach out to other students during the course.

Each student will also have a BPP coach assigned to them who will support them in their studies alongside their Kilter line manager. BPP have their own induction period for apprentices to be introduced to their course coach and discuss study plans. They will also have several opportunities to meet their coach to review the course progress.

As this apprenticeship involves a combination of work and study, the course structure is flexible to help students balance both sides of the role and takes around 2 years to complete. Apprentices are entitled to a set number of study hours during the working week, to help balance their responsibilities and ensure they are successful. Kilter also has a flexible working model and would allow additional study time to help meet assessment deadlines where necessary.

The assessment process for the level 4 apprenticeship is a combination of exams and practical assessments. The End Point Assessment (EPA) consists of a case study task, followed by a Q&A discussion with a moderator and a further interview with an independent assessor.

At the end of the course, you will have the opportunity to complete the level 7 Actuary Apprenticeship to then qualify as an Actuary.

How to apply

To apply for this role and to find out more, please click on the apply button. Please note that applications may close before the application deadline, so apply early to avoid disappointment.