Job Title: Actuarial Apprentice
Location: London
Salary Range: £25,000 base salary plus benefits and performance bonus
Type: Hybrid
Overview
This is an entry-level opportunity for an Actuarial Apprentice to join a Capital Modelling team. The role will provide hands-on experience in data processing, interpretation, and analysis to support the assessment of insurance-related risk. It offers a strong foundation for building a career in actuarial science within a collaborative, analytical environment.
Key Responsibilities
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Verify the accuracy and completeness of data provided for actuarial analysis
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Prepare and process datasets for modelling and analytical use
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Conduct analysis to support the evaluation of potential claims costs and profitability
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Explore and assess a range of possible outcomes for insurance exposures
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Build and maintain models using specialist software and spreadsheets
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Clearly summarise and present analytical outputs for internal review
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Support problem-solving initiatives through targeted analysis
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Make data-driven recommendations to actuarial colleagues
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Gain an understanding of the broader industry and organisational context relevant to actuarial work
What We're Looking For
Essential:
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GCSE (or equivalent) in Maths and English at grade 4 (C) or above
Desirable:
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A-Level (or equivalent) results in the A-C grade range
About the Organisation
A leading global reinsurer headquartered in London, employing over 1,800 professionals worldwide. The organisation operates across a diverse range of insurance sectors including marine, cyber, aviation, and energy.