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Actuarial Trainee - Part-time, Job-share, Full-time


Actuarial Trainee – Part-time, Job-share, Full-time 

Location: Swindon (Hybrid Approach)  



The opportunity:

You will be working in an actuarial role from day one, gaining experience working alongside a team of actuaries.  Within your role in the Life business at Zurich you will have the opportunity to work with life, health, pension, and investment products. This could include pricing new or existing products, providing actuarial support for group-wide projects, financial risk management and modelling, or reserving and financial reporting. 


Throughout your training you will use a variety of data processing programmes and tools, you will present and communicate results to key and senior stakeholders, and you will document results, analysis, and controls. 


We are very open to receiving applications from candidates who are just starting out in their career, through to newly qualified. Three positions are available ranging from a junior student role to newly qualified.


These roles are available part-time, job-share or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.



The Reward:

As well as a competitive salary, based on experience and qualification, we also offer an excellent lifestyle benefits package which includes:


  • An excellent study support scheme
  • 12% Non-Contributory pension scheme
  • Annual company bonuses
  • 25 days holiday plus an additional 3 volunteering days
  • Private medical cover
  • Income Protection
  • Life Cover
  • Discounted gym membership,
  • Discounted gadget insurance
  • Discounted technology offers
  • Virtual GP appointments
  • Plus much more!



What you’ll need?  

  • A 2:1 degree or higher in any STEM subject 
  • A-Level (or equivalent) in Mathematics at Grade B or above
  • A minimum of 5 GCSEs (or equivalent) at grade C/4 including Maths and English Language
  • A professional attitude and a positive approach to your work
  • Excellent numerical and analytical skills, the ability to learn new technical skills and be comfortable with large amounts of data 
  • Willingness to work towards achieving FIA – Fellow of the Institute of Actuaries professional qualification 
  • If part-qualified, experience of working in the Life insurance industry


We find that the best future actuaries are those with an analytical and logical mindset, who are comfortable with mathematical concepts, and have an eye for detail.  We’ll be looking to develop both your understanding of the actuarial profession and technical knowledge, through practical training in the office and through supporting you to pass the professional qualifications. To be successful in this you will need a high-level of numeracy skills, to be comfortable with a large amount of data, and most importantly be driven and motivated to pass all the required exams.  



What support will I receive? 

To help you pass the exams we provide a generous allowance of paid study days, up to a maximum of 52 a year depending on the exams chosen. We recognise that passing exams is important to you and strive to give you the required time to do so, especially around exam time. In addition to paid study days, we also cover all the financial costs to qualify. This can include exam fees, study materials, tutorials, mock exams, professional membership, and required travel. 


We are serious about investing in our people. As such we run a mentoring scheme to help guide you through your early experiences and give you advice with structuring your exam and revision time. Your mentor should also be able to advise you on office performance. Working in a team alongside qualified actuaries will give you the best professional experience and we always encourage questions; the best students seek to understand what it is they are doing and why they are doing it. 


The study scheme includes structured rotations between teams and twice annual salary reviews to ensure you’re rewarded for your exam successes, office performance, and future potential. At Zurich sustainability is at the heart of what we do, and as Life insurance is all about the long-term view, we have a tangible connection to supporting both the planet and our communities. As such we offer 3 days a year for you to commit to volunteering your time to causes that matter, above the study days and holidays. 


Who we are:

With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best.


You’ll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.



Further information: 

At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers, and we want our employee base to reflect that.


Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics.


With the above in mind we accept applications from everyone regardless of your background, beliefs or culture however we especially welcome applications from women, people from ethnic minorities, people with a disability and people who are LGBT+ as these groups are currently under-represented in our organisation.


We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust. 


So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

Apply now »