Advisory & Consulting - Actuarial Graduate Trainee - London - 1 September 2026
2 days ago
**Forvis Mazars : who are we?**
Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. Forvis Mazars in the UK spans 14 offices across the UK and has over 3,400 professionals, with 190 partners. We have a clear purpose and a shared commitment to shape a better future. You'll join a collaborative and inclusive team where you're supported to grow your skills, explore new opportunities, and contribute from day one. You'll work with a diverse client base, develop meaningful connections, and gain experience that extends beyond your local team. Together, we **grow**, **belong** and **impact**.
**About the Advisory & Consulting Team**
At Forvis Mazars, our Advisory and Consulting service line is an award winning, global group of successful, entrepreneurial teams. The scope of roles across our service line is broad and varied which is great for our team and clients. The diversity of our service offering enables us to make the time we spend with our clients count by helping them take meaningful, key decisions with confidence and meet their goals.
Join a team that prioritises quality and trust. Our team is commercial, pragmatic, and reactive to the changes in the market whilst also taking the time to ensure our approach is personal and productive.
**About the Actuarial Team**
- The Actuarial team at Forvis Mazars is part of the Insurance Risk Consulting (IRC) department, a rapidly growing and globally successful group of teams. We collaborate to offer a unique market differentiator while consistently delivering top-quality work for our clients.
- Our expanding Actuarial team provides a variety of traditional actuarial services to clients across both the general and life insurance industries. This includes reserving, capital management, Solvency II assessment, IFRS 17 compliance, and other regulatory requirements. We work with insurance companies in multiple lines of business, including aviation, cyber, property, motor, individual & bulk purchase annuities, whole-life insurance, with profit, unit linked, etc. Our operations span the London Market and Lloyd's across the UK and Europe.
- We also collaborate closely with various other teams, including Risk Assurance, Financial Services consulting, Audit, and Forensics, to provide services such as internal and external audit, Independent Expert reviews, claims consulting, and statistical sampling.
- We operate a hybrid working model, so as a trainee, you will split your time between working from home, visiting the office, client sites when required, and studying for your professional exams.
Hear from one of our graduate trainees, Arunan:
_ Being a part of the actuarial team has given me hands-on experience with much of the technical work we carry out, while also providing a good network and system to support my exams and my apprenticeship. It has also given me exposure to working with a variety of clients and team members at Forvis-Mazars. I've learned a lot from our extensive team and have felt supported throughout my transition into my first full-time role post-university._
Every story is different at Forvis Mazars. Our people have amazing, personal experiences so the best way to learn about life here is to hear it first hand, click here to hear **their stories**.
** About the role**
Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Graduates joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. Supported by a diverse team of experts, they will have access to various learning opportunities, including formal training and e-learning. Graduates will work with some of the world's most recognisable companies, including those listed on the London Stock Exchange, as well mutual and proprietary businesses. Our Actuaries work across both life and general insurance industries, addressing diverse client needs.
As part of our General Insurance team, you will:
- Perform independent calculations to estimate reserves for different classes of insurance;
- Perform detailed testing of claims data to challenge management on trends in large and unusual movements;
- Review the methodology and assumptions selected by management in their calculation of reserves;
As part of our Life Insurance team, you will:
- Create independent cashflow models for products such as annuities, whole life, and term assurance, and compare the output with models received from clients.
- Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates (both deterministic and stochastic), and matching adjustments used in the cashflow projection models.
- Use actuarial techniques to create independent expectations to review assumptions related to annuities, wh
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