Life Actuarial Graduate Programme null

Your role

What can I look forward to? 

• You will be working in an actuarial role from day one, gaining experience working alongside a team of actuaries.
• During your time as an actuarial trainee and newly qualified actuary, you will rotate between teams to gain a great understanding of the breadth of actuarial work and how each team contributes to great customer protection and outcomes.  

Throughout your training, you will develop a variety of actuarial skills, such as:   

• Analyzing data using actuarial software and programming languages.  
• Projecting financial results (profit and solvency) using expert actuarial judgments.  
• Communicating your results to key stakeholders to inform business decisions. 
• Continuously improving our processes including the use of new technologies such as predictive analytics, and analyzing the business’ exposure to risks. 

About you

What you’ll need: 

• Although Zurich Insurance has a hybrid workforce, you should be within a commutable distance of the office workplace stated in this advert 
• Strong IT skills and knowledge of Excel are preferable (but not essential) 
• Comfortable with maths and a logical mindset 
• Appetite to learn 
• Effective personal planning and organization 
• Strong interpersonal and communication skills 
• Ability to build strong working relationships 
• A professional attitude and a positive approach to your work 

Entry Requirements: 

• You must have recently achieved (within the last three years) or are on track to achieve a minimum 2:1 in a Maths-based subject (e.g. mathematics, statistics, economics, engineering, chemistry, and physics) from your bachelor's (or equivalent) degree. 
• A minimum C/4 grade in both English and Maths at GCSE level (or equivalent) 
• At least 128 UCAS points in three A-levels including an A in Maths 
• You must have an indefinite, full right to work and reside in the UK.
• They cannot accept applications from those who require sponsorship to work in the UK.
• You must have resided in the UK for a minimum of three consecutive years.

Compensation & benefits

What’s in it for you? 

As well as joining a company that is passionate about the people, sustainability, and the customers, Zurich Insurance also has a competitive rewards and lifestyle benefits package.  

You’ll receive: 

• £32,550 starting salary with twice yearly pay reviews following exam results, whilst you are on the study scheme, to reflect exam passes and office performance. 
• 25 days holiday plus an additional 3 volunteering days 
• You can request to swap UK bank holidays for days off that have cultural or religious significance to you 
• Private medical cover 
• 12% company pension contribution 
• Annual company bonus 
• Discounted gym membership 
• Discounted gadget insurance 
• Discounted technology offers 

Training & development

Zurich Insurance runs a mentoring scheme to help guide you through your early experiences and give you advice on structuring your exam and revision time. Working in a team alongside qualified actuaries will give you the best professional experience and they always encourage questions because the best students seek to understand what it is they are doing and why they are doing it. Additionally, the Zurich Graduate Scheme will help you develop your non-actuarial skills, such as presenting, communicating, influencing others, and career planning. This will aid you in becoming more well-rounded in your skill set, offering important building blocks towards being a good actuary. 

Career progression

You'll get plenty of opportunities and support to shape your career and make a difference to the customers at a time when they need them the most. Each Zurich graduate scheme is a permanent role and is just the start of your career with the company. The firm will continue to cheer you on every step of the way once you’ve finished and will remain committed to helping you grow. Working in insurance is so varied - you’ll find many different opportunities to explore. 

How to apply

Zurich Insurance's recruitment process:

• Search and apply
• Application review
• Selection process - face-to-face or phone interview
• Onboarding

Sources

The following sources were used in researching this page:

• zurich.com/careers/careers-at-zurich
• youtube.com/@Zurich.Insurance