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Our typical application process is set out below. The exact process can sometimes vary slightly depending on the exact numbers of graduates we recruit each year.
Stage 1 – About You & Application Form
The About You section asks for information about you including your qualifications and availability for our Assessment Centre dates, which will be reviewed against our minimum entry criteria. Unfortunately, if you do not meet these criteria we will not be able to progress your application to the next stage, so please ensure you completed this accurately and carefully.
In the Application Form we want to know more about your qualifications, your degree and A Levels, and any work experience you may have had. We also want to know why you are considering an actuarial career, what motivates you and how you would deal with new situations.
If successful at this stage, you will be invited to a telephone interview.
Give yourself plenty of time to complete the application and prepare your answers – you can save your application form and return to it at any time to complete it.
Double check your spelling and grammar and avoid jargon or “text” speak. We pride ourselves on providing a professional service to our clients – quality and attention to detail is important to us.
Do not apply en masse to every graduate scheme by copying and pasting answers into your application. Tailor your application to us.
The telephone interview is an opportunity for us to get to know each other a little better and find out more about your skills and experience. The interview has some competency questions as well as wanting to find out what you know about the Actuarial profession and the pensions industry in general.
When answering competency questions, remember to personalise them and bring out what you personally did in that situation. If you talk in generic terms such as “we did this”, we won’t get to find out about you and the contribution you could make to Xafinity.
Make sure you are in a quiet place to receive the call, ideally on a landline.
Be prepared – have your application form and CV to hand so you can refer to them if necessary.
If you are successful at Telephone Interview stage, we will invite you to attend one of our two Assessment Centres. At this point, we will also invite you to take an Online Numerical Test. The results of this test will be used alongside the results of your performance at the Assessment Centre. Your invitation to the assessment centre is not contingent on your test performance.
We use online numerical testing to measure your numerical potential and ability to work with data, rather than checking your learned mathematical knowledge. Your degree or A-level results will show your ability in this, but won’t necessarily reflect how well you could perform this in the workplace.
Try some sample tests, even if you have taken them before. This will help you get used to the format of the test, the types of questions you may be asked and the amount of time you will have to complete the test. Remember to take your time over the practice tests provided.
There are also books available, which will have practical examples and answers, so you can see what you need to learn before sitting the real thing.
Make sure you’re relaxed and prepared before you start. Make sure you give yourself time and quiet space to complete the test. Don’t try to do it on your mobile on the bus home!
Xafinity’s assessment centres are a great opportunity to meet our current staff, some of whom will include recent graduates who went through this process in previous years. An assessment centre is held over two days, and Xafinity will provide accommodation and cover all reasonable travel expenses. You will need to attend the whole event. A full guide to our assessment centre will be provided when you are invited to attend.
You will take part in various activities that are designed to allow you to demonstrate to us your full range of skills and competencies. It will include a range of individual, small group and larger group tasks, and will likely include a situational interview, a presentation, data analysis and numerical reasoning exercises.
The assessment is very much a two way process – it is opportunity for us to find out even more about you and also for you to decide if we are the right company for you.
Research current issues related to the pensions industry in general before you attend – there is information on our website and other professional sites to help you.
Remember that help and guidance is available from your university careers team, your university peers or the Xafinity Graduate Recruitment Team – although we won’t be able to divulge exact details of the exercises prior to the day!
Whilst an assessment centre can be daunting, remember to be yourself on the day and have fun!