Are you a highly numerate student or graduate, who has excellent communication skills? Are you looking for actuarial graduate schemes?
If so, you’ve come to the right place. In this post, we will share a list of some of the top actuarial graduate schemes that you can apply for.
1: KPMG
On the actuarial graduate programme at KPMG, you will gain your actuarial qualification (Fellow of the Institute and Faculty of Actuaries) in three to five years.
Within actuarial at KPMG, there are two divisions that you can join:
- Life actuarial services
- General Insurance
You’ll be on a structured training programme, learning financial modelling, probability and statistics, financial reporting, actuarial risk, and more.
Entry requirements: you must have a 2:1 degree in a numerate subject.
Find out more about the Actuarial graduate programme at KPMG
2: Aviva
You’ll use data to support customers without exposing the company to unnecessary risk. You will work with lots of complex information, read the small print and think about probabilities, to derive insights.
On the four-year Actuary graduate scheme at Aviva, you’ll follow a level 7 apprenticeship pathway (which is equivalent to a Master’s).
To join the Actuary team at AVIVA, you will need to have a numerical or STEM degree.
Find out more about the actuarial graduate scheme at Aviva
3: EY
At EY, the actuarial teams carry uot complex calculatiions for the insurance industry.
Acturial business areas you can join:
- Non-Life insurance
- Life insurance
- Pensions
Find out more about the acturial programmes at EY.
4: APR
APR will provide you with a comprehensive study package and a collaborative environment to help you through your FIA exams.
During the first two years, projects areas you can get involved in include:
- Developing complex models using excel or VBA
- Supporting transformation
- Supporting finnancial reporting
and more
Find out more about the graduate Associate scheme at APR
5: Allianz
On the actuarial graduate scheme at Allianz, you’ll be involved in reserving, planning and capital modelling. You will also progress through the actuarial exams.
To apply, you will need a 2:1 degree in any subject, from any university.
Find out more about the acturial graduuate scheme at Allianz
6: Zurich
On the Actuarial graduate scheme at Zurich, you will learn how to drive intellegent decision-making by:
- analysing data
- assessing risks
- creating models
You’ll play a pivotal role in Zurich. You will also get the opportunity to work with some of the most qualified actuaries and analysts in the industry.
To get a place on the Actuarial graduate scheme at Zurich, you will need to have a high-level of numerical skills. You will also need to have strong team work skills, communication and interpersonal skills.
Find out more about the actuarial graduate scheme at Zurich
7: FCA
At the FCA, actuaries use their analytical and problem-solving skills and professional judgement to help manage the risk of customer harm.
On the programme at the FCA you will get the opportunity to rotate across different teams such as general insurance, asset management, authorisation, and policy.
To get accepted on to the programme, you will need a 2:1 in a numerical degree.
Find out more about the actuarial graduate scheme at FCA.
8: Bupa
On the Acturial graduate scheme you will be supported as you learn everything from claims analytics to pricing.
Bupa offers a three year programme, where you will complete three 12-month rotations to gain work experience. Whilst gaining experience, you will study to become a qualified actuary with the Institute and Faculty of Actuaries (IFoA).
Find out more about finance careers at Bupa
9: Hiscox
As an actuarial graduate at Hiscox, you will be supported as you take your actuarial exams and will complete three nine-month rotations within the function. During this time, you will experience capital management, pricing and reserving.
Find out more about the actuary graduate scheme at Hiscox
10: Lloyd’s
On the 24-month actuarial graduate scheme at Lloyd’s, you will rotate across different areas to gain broad experience, whilst working towards a professional qualification with the Institute and Faculty of Actuaries (IFoA).
Find out more about the actuary graduate scheme at Lloyd’s.
11: Aspen
Aspen looks for enthusiastic, ambitious graduates to join their two-year Actuarial & Capital Modelling graduate scheme.
Find out more about the graduate scheme at Aspen
12: NFU Mutual
At NFU Mutual, graduates have the opportunity to specialise in various business areas including Actuarial.
If you join one of the actuarial teams at NFU Mutual, you will play a key strategic role in the financial stability of the business.
Becoming an actuary as a graduate
In this video, Ranveer Kaur talks about the skills you need to pass your actuary exams.
Most graduates become actuaries after studying a maths-bassed degree and achieving at least a 2:1 degree. They then go on to complete their qualification whilst in their graduate role.
Typically, if you have a maths-related degree, you will get an actuarial graduate scheme that will provide you with hands-on experience whilst preparing for your exams.
If you do not have a maths degree but really love maths and would like to become an actuary, you can apply for some graduate schemes that do not require graduates to have a maths degree. Alternatively, you couls take one of the Insstitute and Faculty of Actuary’s non member exams.
Summary: Actuarial graduate schemes
Thanks for taking the time to read this post. If you are an aspiring actuary who needs help with job applications or interviews, get in touch with us here at Graduate Coach.
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