Xafinity is a well-established company in the UK, providing critical business and technical expertise in the pensions and employee benefits’ industry. Core services include advisory, software, H.R. and BPO services for customers across private and public sectors. Xafinity’s history can be traced back to 1836, when HM Paymaster was established.
The present-day entity—the Xafinity Group—is a collection of five specialist companies, including Xafinity Consulting, Xafinity Claybrook, Xafinity Skillbase, Xafinity Paymaster and HR Trustees.
Xafinity employs more than 1,400 people, working out of offices in Crawley (HQ), Bath, Belfast, Leeds, London, Cardiff, Manchester, Stafford, Reading, Stirling, Fleetwood, Worcester and Waterlooville.
Overall, the Group manages funds to the extent of two trillion pounds each year, advising and servicing over two million customers and is the approved software provider to the UK Principal Civil Service Pension Scheme (PCSPS).
Graduates are recruited as Actuarial Assistants in Xafinity Consulting, the advisory and business consulting division of the Xafinity Group. The graduate scheme is a combination of work placements, study and preparation for obtaining actuarial qualifications and a structured programme of internal training covering general, business and technical skills across the different areas of business.
Trainees are assigned work in teams consisting of qualified and part-qualified actuaries working on ongoing projects at the Leeds or Reading office. Client interaction and allocation of responsibilities begin early in the programme and trainees may also spend time working on-site at clients’ offices as actuarial placement specialists.
Each trainee is paired with a qualified actuary who mentors and coaches the trainee through the process of obtaining relevant professional qualifications and day-to-day work activities. Formal in-house training programmes cover important aspects of an actuary’s role within the pensions and employee benefits domain, including changes in legislation and regulations, market trends and developments and soft skills’ training.
Internships & Placements
There are no internships offered by Xafinity
There are no apprenticeships offered by Xafinity
School Leaver Programmes
Salary & Benefits
Xafinity offers graduate employees a generous starting salary, core and flexible benefits and full financial support and additional study leave for completing professional actuarial qualifications.
Annual benefits include 23 days of annual vacation, pension scheme, life assurance, private health insurance, personal accident insurance and the facility to supplement the value of core benefits through salary deductions.
Company support for actuarial qualifications includes up to 40 days of paid study leave and full coverage of costs incurred on membership fees, external coaching and training programmes and examination fees.
While Xafinity’s Graduate Actuary Scheme is open to graduates across all degree disciplines, a good honours degree in quantitative subjects such as Mathematics, Statistics, Economics, Finance or similar/related subjects is preferred.
Candidates are expected to have a consistent record of academic and extracurricular achievements; logical, numerical and analytical thinking; excellent written and verbal communication skills and the ability to work well in teams comprised of professionals with varying levels of experience and expertise.
How To Apply
The annual recruitment process kicks-off in October each year for a programme starting the following October. Application forms can be downloaded from the ‘How to Apply’ section here.
The selection process consists of a first-round competency-based interview at any of the Xafinity Consulting offices and shortlisted candidates from this round are invited to participate in a two day residential assessment centre. Candidates complete multiple numerical and analytical aptitude tests, group and individual exercises, meant to assess the suitability of each candidate for a career at Xafinity.
Any queries or issues on the graduate scheme and recruitment process can be sent by email to email@example.com or contacting the recruitment team in person at Sutherland House, Russell Way, Crawley, West Sussex RH10 1UH.