Trainee Actuary

6 days ago

City of London, United Kingdom Travelers Insurance Co. Ltd. Full time

We are currently looking to recruit a Trainee Actuary based in our London office.

This is a junior level role where you will provide analytical and actuarial support to the Business Engagement Actuarial team. This support will include pricing, assisting in portfolio management and business planning.

This role is eligible for a referral bonus of up to £3000.

What will you do?

You will provide assistance to senior members of the Business Engagement Actuarial team to achieve the objectives for a UK and Ireland Commercial Insurer in one or more of the following areas:

- Large case pricing: Provide an actuarial view of what the business should charge for a particular risk to achieve our Return on Capital targets. This includes data manipulation and producing summaries of results via graphs and tables.
- Benchmark pricing: Support the team in validating the rates within the benchmark pricing tools that are used by the underwriters.
- Business planning: Help to set up analysis of the profitability of various segments in the business. This will involve taking historical profitability and adjusting it for the book we current write and project the expected future profitability.
- Portfolio management: Undertake various analysis using data available to understand the book written and drive further change within the business as required.
- Process Efficiencies: Seek opportunities to simplify, streamline and automate our current actuarial processes.

As part of this role you will be encouraged to undertake an apprenticeship in this area to provide you with further support.
- University degree in STEM related field.
- Completed and gained a minimum of a 2:1 degree
- Basic PC skills (MS Office), basic programming skills (eg. SQL, SAS).
- Some working experience within an Actuarial role, preferably from a Pensions background.

What Key Qualities Are We Looking For?
- Willingness to learn to lead self and seek opportunities to learn
- Keen to develop working relationships with team but also the wider teams within the company
- Willingness to develop an understanding and knowledge of the basic key business drivers and functions such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
- Able to utilise this business knowledge to assist in the development of analytic solutions.
- Learn to lead self

  • Senior Actuarial Trainee

    3 days ago

    Greater London, United Kingdom The Actuary Full time

    Are you a part-qualified life actuary, looking to take the next step on your career ladder within the BPA space of a major insurance Group?Then this is the ideal role for you!Collaborating with cross-functional teams to develop and implement new products, you will also assist in the preparation of financial reports and regulatory submissions.In addition, you...

  • Actuarial Trainee Graduate

    2 days ago

    Isle of man, United Kingdom Itchyfeet Recruitment Agency Full time

    Our client has a permanent position available within their Actuarial department for an Actuarial Trainee. This role is based in the Isle of Man and is ideal for a highly numerate graduate holding a degree in a mathematical or related subject. The successful candidate will be part of a small team but is expected to demonstrate the ability to work...

  • Senior Actuarial Trainee: Life Insurance

    3 days ago

    Greater London, United Kingdom The Actuary Full time

    A leading insurance group in Greater London seeks a part-qualified life actuary to join their BPA team. This role involves collaborating with cross-functional teams to develop and implement new products, as well as assisting in financial reporting and regulatory submissions. Candidates should possess strong analytical and problem-solving skills, alongside...

  • Senior Actuarial Trainee

    6 days ago

    London, United Kingdom Royal London Full time

    Job Title: Senior Actuarial Trainee BPAContract Type: Permanent Location: London / Alderley Park / Edinburgh Working style: Hybrid 50% home/office basedClosing date: 22nd October 2025Job Summary:Are you ready to take your actuarial career to the next level Join the BPA team at Royal London the UKs largest mutual life pensions and investment company. We are...

  • Senior Actuarial Trainee

    4 days ago

    Greater London, United Kingdom Royal London Full time

    Job Title : Senior Actuarial Trainee BPA Contract Type : Permanent Location : London / Alderley Park / Edinburgh Working style : Hybrid 50% home / office based Closing date : 22nd October 2025 Job Summary Are you ready to take your actuarial career to the next level? Join the BPA team at Royal London, the UK’s largest mutual life pensions and investment...

  • Trainee Actuary

    1 week ago

    London, United Kingdom Ageas Full time

    **Job Title - **Trainee Actuary **Location - **London/Eastleigh/Remote **Salary - **Competitive **Contract -**Permanent, (Full Time/ Part Time/ Job Share/Flexible opportunities available) **Trainee Actuary** Ageas is underway with several exciting business transformations to prepare us for a technology-driven future. The Actuarial Department is a key part...

  • Graduate Trainee Actuary

    2 weeks ago

    London E, United Kingdom Government Actuary's Department Full time £36,579 - £46,761 per year

    DetailsReference number433232Salary£36,579 - £46,761External applicants will start on the pay band minimum for the role appointed to, unless they can prove they have exceptional skills in line with the requirements of the role. Internal applicants applying on promotion will usually be appointed to the salary minimum or within 5% of existing salary....

  • Senior Actuarial Trainee — Hybrid

    3 days ago

    Greater London, United Kingdom Royal London Full time

    A leading mutual life pension and investment company in Greater London seeks a Senior Actuarial Trainee to conduct actuarial analysis and collaborate on product development. This role offers the opportunity to work in a supportive environment with hybrid working arrangements. The ideal candidate should have strong analytical skills and progress in actuarial...

  • Actuarial Graduate Trainee

    4 days ago

    London, United Kingdom Mazars Full time

    **Overview of the Advisory & Consulting service line** The Advisory & Consulting Service Line is a rapidly growing, award winning, global group of successful teams working together to present a go-to-market differentiator whilst delivering the highest quality of work for our clients. If you are successful in securing a role on our training programme you...

  • Actuarial Trainee

    2 days ago

    London, United Kingdom Hymans Robertson LLP Full time

    **Experience is required for this vacancy** **High level overview of role**: As a part-qualified actuarial trainee you will be supporting a portfolio of client accounts manage their risks as part of our de-risking team providing high quality advice to support de-risking strategies and transactions. The primary focus is on UK defined benefit pension schemes...