Actuarial graduate, Open to flexibility

Bristol, Edinburgh
£28,0,00 - £32,000 per annum
10 Oct 2018
12 Nov 2018
Lloyds Banking Group

Actuarial graduate, Open to flexibility

Lloyds Banking Group undergraduate and postgraduate actuarial opportunities

We are looking to recruit:

  • Actuarial trainees to join our insurance teams starting in the summer of 2019.
  • Current penultimate year undergraduates for 10-12 week placements on our summer 2019 actuarial intern programme

These opportunities are in both our EDINBURGH and BRISTOL based teams.

Our insurance business

As a UK focused bank we are well placed to help Britain prosper, delivering for customers, shareholders and the wider society. To deliver our vision of becoming the best bank for customers we put our customers at the heart of everything we do.

We are one of the largest insurance businesses in the UK and under our Scottish Widows brand we have a strong and distinguished heritage. We provide our six million insurance customers with the cover they need for the things that matter to them including: life insurance, pensions, investments and general insurance (home, car, travel).

With us you will enjoy a challenging, diverse and rewarding career at a major financial institution, where you will make a meaningful and profound contribution to our insurance business and its customers by applying your professional judgement to a wide range of complex financial considerations.

Our actuarial graduate programme

As a Lloyds Banking Group actuarial trainee you will join our Actuarial Graduate Programme and study towards becoming a Fellow of the Institute and Faculty of Actuaries (IFoA). Our proven, market leading, study support and mentoring package will provide to you with the help you need to progress quickly through the IFoA exams: at Lloyds Banking Group our exam pass rates are consistently above the actuarial profession's average.

You will also get the opportunity to experience a wide range of actuarial disciplines via the Actuarial Graduate Programme's rotation scheme ensuring that you develop the skills needed to become a highly skilled and expert actuary. These include: modelling, pricing, reporting, business strategy, investment strategy, asset and liability management, assumption setting and capital management. Our rotation scheme also provides the option to move between our main hubs in Edinburgh and Bristol.

By joining Lloyds Banking Group you'll benefit from ongoing career and personal development with a comprehensive package that includes a competitive salary, bonus, generous pension, market leading study support, regular rotations, share save initiatives and a wide ranging suite of flexible benefits that you can tailor to suit your own needs.

Our summer actuarial intern programme

Our summer actuarial intern programme offers undergraduates valuable first-hand experience of working in an actuarial team within a life office, and it also provides you with an exciting opportunity to demonstrate your potential to us at the earliest possible time before you graduate.
You will receive useful training and experience with or on: a wide range of actuarial disciplines, relevant software packages, presenting and team working. Regular feedback and coaching will also be provided from experienced actuaries, to help aid your own personal development.

What are we looking for?

  • A strong desire to pursue a career as an actuary (qualification takes around five to six years on average);
  • Ambitious, resilient, individuals who learn and adapt quickly
  • Inquisitive strategic thinkers who care passionately about our customers
  • Excellent problem solvers and communicators who work well with others;
  • A strong academic record with at least a 2:1 degree; and
  • A-Level or Scottish Higher Mathematics at a minimum grade C (or equivalent)