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Job Descrption

Broadstone have an exciting opportunity for a Graduate Trainee Actuary to join the team.

Location: London

Salary: £32,000 per annum

Start date: Autumn 2025

The role will include a wide variety of assignments and be part of the team providing actuarial services within the Life Insurance and/or General Insurance market.

We are looking for individuals who are conscientious and will work effectively in a friendly and supportive team of actuaries and consultants and who take pride in delivering excellent work. Teamwork and collaboration is a vital part of our culture so this is a great opportunity for a motivated and enthusiastic team player keen to immerse themselves in a multi-faceted role.

This role is ideally suited to someone undertaking an Actuarial Science, Mathematics, Business Degree or similar. The role offers exposure to a range of opportunities to develop your skills in client relationship management and business development. As part of a small team, you will have a... unique opportunity to influence the way that we work, and to gain real world experience of how a business operates.

Trainee Actuary – Key Responsibilities
• Financial Modelling for insurance clients, including:
• Data reconciliation
• Model point testing
• Model development
• Assisting with experience analyses, including morbidity, mortality and persistency
• Setting up valuation runs in Mo.net financial modelling software
• Calculating policy liabilities, alongside resilience, expense reserves and other required reserves in Excel
• Assisting in the preparation of reports
• Preparing the relevant statutory returns
• Documenting the work undertaken and processes carried out to regulatory and professional standards.

Trainee Actuary – You
• Willing to attend training sessions and develop relevant knowledge, techniques, and skills
• On track to graduate with a 2.1 or above at bachelor’s degree level (numerate degree preferable)
• A level (or equivalent) at Grade B or above in Maths
• Enjoy explaining complex information to others
• Ready to start studying towards a professional qualification
• Have a keen interest in financial modelling
• Ability to work under own initiative and be an enthusiastic, proactive team member
• Ability to effectively manage work streams for multiple clients
• Discipline to work to strict scheduled deadlines
• A confident and effective approach to communication, both written and verbally
• High levels of numeracy and analytical skills
• Strong Microsoft Excel skills
• By the start of the employment, permission to work in the UK.

We strongly encourage and support applications from all backgrounds.

Trainee Actuary – Benefits
• Competitive salary, with exam linked salary increases.
• 25 days holiday plus bank holidays (with option of buying more)
• Fully supported study, including membership of the IFoA, study materials, tutorials, exam fees, and exam leave
• Generous pension scheme
• Health cash plan
• Additional optional benefits to best suit your lifestyle
• Social events
• Volunteering opportunities

To apply for this exciting opportunity, click ‘apply’ now. Your application should include a supporting statement detailing your interest in the role and your relevant skills and experience.

Please note: We value original applications and therefore request that you do not use AI when completing your application. Unsolicited contact with our employees will not be considered

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