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Actuarial Trainee
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About the Role
We are seeking a highly motivated and analytically skilled Actuarial Trainee to join our dynamic team at Royal London Group. As an Actuarial Trainee, you will play a crucial role in helping assess and manage our risks.
Key Responsibilities
- Developing models to support the management of insurance risks, including longevity, mortality, and persistency.
- Undertaking technical analysis using standard actuarial and analytical techniques in accordance with agreed guidelines and methodology.
- Challenging and improving processes, and procedures to make them more accurate and/or efficient.
- Identifying areas in processes which have a high level of risk or control failure and escalating to team manager, with suggestions for improvements.
- Maintaining the systems/processes used within the required level of governance.
- Providing support in the testing of changes to the systems/processes.
About You
- Partly qualified and studying towards the Institute and Faculty of Actuaries (IFoA) examinations, with study support provided by Royal London Group.
- Strong analytical and problem-solving skills, with the ability to think critically and independently.
- Solid understanding of probability theory, statistics, and financial mathematics.
- Excellent communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner.
About Royal London Group
We are the UK's largest mutual life, pensions, and investment company, offering protection, long-term savings, and asset management products and services. Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable, and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.
We offer a range of benefits, including 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme, and private medical insurance. We are committed to inclusion, diversity, and belonging, and celebrate and value different backgrounds and cultures across Royal London Group.
