Actuarial Graduate Placement Year

**Actuarial Graduate Placement Year**:
**Location**: Stratford upon Avon - initially full-time office working before transitioning to hybrid working (2 days per week from home).
- **Start Date**: July 2026 - July 2027 - flexibility available for course dates and holidays
- **Duration**: 12 months
- **Salary**: £30,987 + up to 10% annual bonus
- **Hours**: 35 hours per week.

** About the role**:

- At NFU Mutual, actuaries sit at the heart of our business. They help us understand risk, manage reserves, and make sure we remain financially strong for our customers. As an Actuarial Placement student, you’ll be part of our Finance Actuarial department, gaining hands-on experience and real responsibility from day one.

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What you can expect**
- You’ll join one of two teams within our Finance Actuarial area. One placement will sit in Actuarial Services, which blends work across our Services and Profitability teams, supporting financial modelling, analysis and reporting. The other will be within Reserving, where you’ll help calculate and analyse the reserves we hold for customer claims. In both, you’ll contribute to meaningful work that helps inform business decisions and gives you a real insight into how a successful insurer operates.
- While you’ll be based in one team, there’s plenty of opportunity to learn about what other teams do too. We’ll encourage you to shape your own development and take up opportunities that match your interests - whether that’s exploring technical skills through online courses like SQL, learning directly from qualified actuaries, or getting involved in departmental projects. You’ll receive lots of on-the-job training, regular guidance from your manager, and the chance to present your work through informal team sessions, including an end-of-placement presentation on what you’ve learnt.- At the start of your placement, you’ll be office-based full time to make the most of the learning environment and build relationships with your colleagues. Once you’re settled, you’ll move to a hybrid way of working, balancing office collaboration with the flexibility to work from home. We’ll also support you with any academic requirements set by your university to ensure your placement experience aligns with your course.
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Application process**- **
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About you**:

- We’ll be looking for:
Communication and storytelling** - the ability to explain complex ideas clearly and bring data to life for different audiences.
- **Data confidence and digital literacy** - comfortable working with data and eager to build your skills with tools and software used in actuarial work.
- **Analytical and numerical skills**- a sharp eye for interpreting data, spotting trends, and drawing meaningful conclusions.
- **Prioritisation and time management**- able to balance multiple projects and deadlines, especially while studying towards exams.
- **Problem-solving ability** - creative and logical thinking to tackle challenges and recommend practical solutions.
- **Attention to detail and accuracy**- ensuring your work is reliable, robust, and can be trusted to inform big decisions.
- **Knowledge of Excel and programming (SQL/VBA)** - an advantage, but not essential, as we’ll support you to grow these skills.- Any work experience would be helpful, but it’s by no means a requirement. What really matters is your curiosity, enthusiasm and drive to learn. If you bring an open mind, a positive attitude, and a willingness to get involved, we’ll give you all the guidance and opportunities you need to make the most of your year with us.
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At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees._
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- **Benefits and Rewards**:

- When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

- Salary £30,987
- Annual bonus (up to 10% of salary)
- Contributory pension scheme, up to 20%, including your 8% contribution
- 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
- A Family Friendly policy that helps you balance your work and family responsibilities
- Access to savings at High Street brands, travel and supermarkets
- Health and wellbeing plan - cashback for dentist, opticians, physio and more
- Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
- Employee Volunteering - volunteer in the community for one day each year
- Unlimited access to Refer a Friend £500 bonus scheme
- Life Assurance cover of 4 x salary
- Employee discounts of 15% on a range of NFU Mutual insurance policies.

** Working at NFU Mutual**:

- We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do