Job Title – Actuarial Graduate Scheme/Trainee Actuary

Location – London/Eastleigh/Remote

Salary – Competitive

Contract –Permanent, (Full Time)- Immediate or Starting September 2024

Actuarial Graduate Scheme / Trainee Actuary

Ageas is recruiting for actuarial trainees, both for the September 2024 graduate scheme, and immediate start. We are looking for people who are excited by the challenge of digging into trends, and who are keen to use this insight to collaborate with other areas of the business and help solve real-world problems.

So what makes Ageas a great place to start your Actuarial career?

Ageas recognises the value in the technical skillset, and this is reflected in the investment in development programmes aimed at supporting technical people in their growth, as well as the study support available.

We pride ourselves on bringing out the best in our people, encouraging them to step up when opportunities arise and supporting them to reach their personal and professional career development goals. That's why bringing in motivated, passionate graduates who are keen to learn and contribute from the very start is so important. We have people at all levels who joined as graduates, including our Chief Actuary, demonstrating that this a place where people are able to progress.

What we offer:

Rotation scheme through the Motor, Capital and Central teams, enabling exposure across Reserving, Pricing and Capital, Motor and Household.

Graduate training programme and mentoring from senior actuaries.

Full study package and generous pay awards for passing exams. We also welcome applications from people who do not wish to study for exams.

An inclusive team, where everyone is made to feel welcome, and flexible working is the norm.

What does the role involve?

We predominantly work on Motor and Household; the key products offered by the business. You’ll learn to use a variety of tools including Excel, Powerpoint, PowerBI, SAS and bespoke Actuarial software such as ResQ and Psicle. You’ll use these to analyse data and help assess appropriate reserves and explain the drivers of experience. There will be a mix of business-as-usual regular work, and a diverse array of projects, including process improvements and “deep dives”. You’ll present your work to senior actuaries from early in your time with us, and grow over time to take on further responsibility and more complex problems.

Application Requirements

An excellent academic record, particularly with a numerate subject at university.

A brief covering letter, addressed to the Chief Actuary, setting out the reasons for your interest in this role and whether you are looking for an immediate or September 2024 start.

Here are some of the benefits offered as part of the role:

At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.

Flexible Working - Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares . We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.

Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.

Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.

Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.

Supporting you and your Family – maternity/pregnant parent/primary adopter entitlement of 16 weeks’ at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.

Benefits for Them – Partner Life Assurance and Critical Illness cover

Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover

Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.

Supporting you back to work - Return to work programme after maternity leave

About Ageas:

We’re one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers

As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, a Stonewall diversity champion and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information, please see Ageas Everyone.

Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements.

To find out more about Ageas, see About Us.

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