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Actuarial – Non-Life Insurance Graduate Programme

Work with global insurance companies to meet their strategic goals in actuarial consultancy, whilst developing yourself into a commercially savvy consultant and actuary.

Applications to our 2024 programme are now closed

 

Explore other opportunities across our UK locations.

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Actuarial – Non-Life Insurance

This is an opportunity to become part of our success story. We have a strong reputation in the market for bringing our clients' bespoke offerings to solve their problems.

We are more than just a conventional actuarial consultancy. As well as delivering for our clients in the traditional actuarial areas, such as reserving, pricing and capital modelling, we operate as part of the wider EY Consulting business. This gives our team the opportunity to work on wider projects including underwriting and finance transformation, implementation of technology, ESG, strategy, risk management, analytics and capital optimisation.

A fast-changing world can create lots of opportunity for non-life insurance businesses, but it also creates new risks. It’s our job to help clients identify and manage these risks by asking the right questions, setting priorities and creating action plans for long-term success.

We’re also proud to have won the award for The Times ‘Graduate Employer of Choice’ in 2021 for our Actuarial work.

Technology in Actuarial Non-Life Insurance

Technology is at the forefront of the way we work. Our proprietary software enhances our ability to deliver insight and we utilise this to assist our clients in modernising their actuarial capabilities. You will be immersed in this technology from day one and will develop the skills to help our clients improve the way they operate in the market.

What will you be doing?

  • Analysing data to identify trends and insights, communicating with clients, writing reports and presenting your work
  • Working with UK and global insurance and (re)insurance companies on reserve reviews, transactions, portfolio transfers, actuarial modelling and more
  • Using the latest technology, modelling and analysis to understand clients' businesses
  • Working with clients to transform their business, using the latest technology to allow clients to better leverage their actuarial teams for insightful analysis

    • Are you eligible to apply?

      We operate an open access policy, meaning we don’t screen out applications on your academic performance alone. You will, however, need to be working towards an honours degree in a numbers-based subject like Maths, Statistics, Actuarial Science, Physics, Chemistry, Biology, Engineering, Economics, Computer Science or Technology, have a minimum of grade 4/C GCSE (or equivalent) in English Language and Maths, and three A-levels (with an A in A-level Maths)/Five Highers (or equivalent) to be eligible to apply. 

      Eligibility for Visa Sponsorship: This vacancy is able to offer visa sponsorship if you are unable to secure the right to work in the UK yourself.

      We welcome applications from all academic backgrounds and are looking for individuals who will succeed at EY in the desired role and future qualifications, therefore throughout our recruitment process your academic performance will be considered against your online assessment scores to determine your suitability for an EY role. We are also proud to partner with RARE recruitment, so that your application can be processed in the context of your socio-economic background. This allows us to give you the maximum credit for your achievements, assessing whether you have overachieved in light of your personal circumstances.

      Read more about our academic requirements.

    Professional qualifications

    The Institute and Faculty of Actuaries

    Programme length

    Two years. However, we'll provide continued support and training to help graduates to qualify as actuaries, which typically takes 3-5 years in total.

    Salary

    Competitive 

    How’s it structured?

    After completing the EY induction, you'll jump into the deep end and get involved in live client projects. We'll provide you with the support you need to understand how to analyse client data, spot trends and provide clients with insights. Our heavy use of the latest technology means you will focus on adding value to our clients rather than turning handles on processes. You'll build skills in writing up findings into reports and create client presentations that set out our findings and insights.

    By your second year, you'll be responsible for supporting our new graduates and reviewing their work. You'll take a bigger role on projects, with a more client facing role. You may also have the opportunity to work on projects in other actuarial areas (life insurance, pensions and sustainable finance) too.

    Throughout the programme, you’ll study for actuarial professional exams (supported by a generous allowance) and have many opportunities to join training events and conferences. By the time the graduate programme is over, you’ll have a firm understanding of how to use analysis and modelling techniques in order to understand our clients’ businesses and the issues affecting them. Best of all, you’ll be well on your way to a qualification and gaining the knowledge and experience needed to win business for EY, lead projects and progress to more senior positions.

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    Rewards and benefits

    You want a career that counts. An experience that challenges you. That rewards performance and ultimately defines your future. That's what's on offer at EY. After all, our success is founded on yours.

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    Adjustments

    All candidates should be given the opportunity to be their best selves throughout the process. We have adjustments in place to make all individual applications accessible.

    Find out more

    FAQs

    Do you have questions about applying to and working at EY? From choosing a programme to visa requirements, technical help to joining, you're likely to find the answers here.

    Find the answer

    Applications to our 2024 programme are now closed

     

    Explore other opportunities across our UK locations.

    Seach and apply

     

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