Junior Quantitative Analyst
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Position Overview & Specifications
We’re the Pension Protection Fund. We protect millions of people in the UK who belong to defined benefit pension schemes. When these schemes fail, we’re ready to help.
We do this by paying our members, by charging a levy and by investing sustainably. Our work has a real impact on people’s lives, so we strive to do it well, with integrity and their future in mind.
We have a brand-new opportunity for a Junior Quantitative Analyst to join our Actuarial Risk & Modelling team.
This position will primarily support the running of the Economic Scenario Model (ESM) and the development and operation of the Long-Term Risk Model (LTRM). These are both complex stochastic models, which are used to determine the likelihood of the PPF achieving its funding objective and hence its mission of paying the right people the right amount at the right time.
The role will typically involve setting up and running these models and checking inputs and outputs, analysing data and drawing conclusions, and supporting senior members of the team to produce papers and prepare responses to committees and other teams.
Our ideal applicant will be a graduate from within a Mathematical or related numerate subject, who has sound numerical and analytical skills, and a willingness to dig into the detail of complex models. They will need to demonstrate excellent verbal and written communication skills including the ability to present complex information to a technical and non-technical audience.
Sound like you? Apply now.
In return for your skills, experience and commitment we’ll give you a challenging role within a business where you’ll get the support you need to develop your career.
We’ll also give you lots of opportunities for personal development and skills training.
Our Croydon office is just across the road from East Croydon station, which is around 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction or half an hour from St Pancras.
We’re proud to be a Disability Confident Leader, the highest accreditation under the Disability Confident Scheme. If you have a disability and meet the essential criteria for this role you will be guaranteed an interview.
We embrace diverse talent welcoming people with different beliefs, backgrounds and ways of working. Whatever your background, and however you identify, you’ll be welcome here.
We’re happy to talk about flexible working
No agencies please.
INDMED
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: Insurance Carriers
Based on transatlantic hiring benchmarks for Junior Quantitative Analyst roles across Pension Protection Fund (PPF)'s corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to Insurance Carriers.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £37,000 - £40,000 bracket, including retirement vesting and health parity.
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