Actuarial - Actuarial Insurance

Deloitte (UK); Greater London; On-site; GBP 27,000 - 36,000; Full time

Benefits offered by this job

Buddy support

Hybrid work model

Analyst Induction Programme

Job summary

Deloitte is offering an early careers Actuarial Insurance role, combining client work with learning and professional qualification support. You will develop actuarial modelling, data analytics and regulatory knowledge across life and general insurance, with a blend of in-person and hybrid work to support your growth.

The role emphasizes problem-solving, analytical thinking and the use of statistics to assess future events, with a buddy system and structured induction to help you integrate into

Qualifications

• Minimum 2:1 in Maths or Finance degree.
• Graduate by September 2027 for the Autumn 2027 intake.
• A-level Maths encouraged.

Responsibilities

• Analyse client data before drafting reports and slide decks for presenting findings.
• Research and due diligence around demographic and financial assumptions.
• Estimate, review and validate insurance actuarial numbers including liabilities and capital.
• Assess future insurance liabilities for setting premiums and profitability.
• Advise on capital levels and structure.
• Support change programmes by identifying inefficiencies and embedding better ways of working.

Skills

Statistical interest

Analytical mindset

Problem solving

Education

2:1 in Maths or Finance degree

A-level Maths encouraged

Graduate by Sep 2027

Job description

In Actuarial we are problem solvers and strategic thinkers, who use mathematical skills to help measure the probability and risk of future events. Our work helps individuals to plan for the future , and it’s always challenging and interesting. Our Actuarial Insurance business provides actuarial services across the life insurance and general insurance markets. We work with a wide range of clients, from large multi-national insurers to small insurers who do not employ their own actuaries, and everything in between. We foster an open and friendly working environment that naturally allows everyone to learn from the wide range of experts within the practice.

What skills and academic qualifications do I need?

You’ll need to have obtained or be studying towards a minimum 2:1 in a Maths or Finance degree discipline and have graduated by September 2027 for the Autumn 2027 intake. An A-level (or equivalent) in Maths is encouraged.

No prior experience is required , however some understanding and interest of the insurance industry, and the role of actuaries is recommended.

An Actuarial Insurance role is suitable for you if you’re :

• Interested in statistics and the ways we can use them to improve the world around us.
• Analytical and detail-focused
• Are a problem-solver and strategic thinker, who like to use mathematical skills to help measure the probability and risk of future events.

We have identified 10 core skills that are essential to all our roles in Early Careers. To learn more about these skills and their detailed descriptions, please visit the 'Discover What We Look For' section in ou r Candidate Zone .

What kind of work will I do?

As well as learning key consulting skills, you will also gain expertise in actuarial specific skills such as actuarial modelling, data analytics and knowledge of regulatory reporting requirements across life insurance and general insurance.

The following are some examples of the day-to-day work you will be involved in:

• Analysing client data before drafting reports and slide decks to support the presentation of findings to clients;
• Research and due diligence around demographic and financial assumptions;
• Estimating, reviewing and validating a range of insurance actuarial numbers including insurance liabilities and capital numbers as part of our work on insurance company audits
• Assessing future insurance liabilities for setting premiums, understanding profitability, financial reporting and transferring blocks of business;
• Advising on the level of capital to hold and the capital structure;
• Supporting financial change programmes by identifying inefficiencies in our client’s actuarial processes, designing better ways of working, and collaborating with their people to embed new solutions .

Where will I work?

At Deloitte we recognise how important face-to-face interaction is for your development in a new role. We also understand that our people need flexibility, which is why we operate a hybrid system, with a combination of office and home working. If you’re in a client-facing role, you might be expected to attend client sites on certain days, while your meetings will be a mix of online and in-person events. Please note your final assessment and induction will also be in-person, to give you the opportunity to network and build relationships.

All our workspaces are accessible, however, if you require further flexibility due to a health condition or caring responsibilities, please discuss this with our team. You can find further information on our parent and carer policies here.

In September you will attend our Analyst Induction Programme (AIP) alongside your Technology & Transformation Analyst peer group to learn about our company, culture and how we work. The programme will be a mix of in-person and online learning that takes place over several weeks and includes engaging talks, group activities and immersive simulation challenges.

On a day-to-day basis, you will receive on-the-job training through your work with different actuarial colleagues and colleagues in other parts of the firm on varied client and internal projects. There are also formal training courses and e-learning to help you develop broader business skills.

A role in Actuarial Insurance offers stimulating actuarial work, alongside consulting opportunities to engage closely and directly with clients, plus a strong internal support network and a friendly open culture.

We provide Graduate Analysts with the resources needed to support them through their journey to qualify as a Fellow of the Institute and Faculty of Actuaries . Students currently look to pass thirteen exams as well as gaining three years of appropriate experience in the industry. Full qualification usually takes between 3 and 6 years.

If you are offered a role, you will be assigned a buddy who has been in your position as a graduate joining Deloitte as an Analyst. They will act as an informal point of contact, answering questions and offering insight and guidance before you join and throughout your journey at Deloitte.

Additional support and benefits information

• We’re a collaborative, inclusive firm and we want to help you to use your unique talents and perspectives in the workplace. From diversity networks to wellbeing and much more, we aim to support and reward you in the best way possible. Please use the links below to discover more about our processes, benefits, values and culture.
• Do you have accessibility requirements or need reasonable adjustments for the interview or assessment process? Find out how we can help.

The closing deadline for this role is 23rd October 2026, but we recommend getting your application in as soon as possible. Please note, some of our roles may close before the deadline if we experience high demand .

Once you’ve applied to this role, you’ll receive an email from our recruitment team outlining next steps and the relevant deadlines for you to complete the following stages of our process .

We operate a strict one application per year policy across our Early Careers opportunities. We recommend only submitting an application for a role that you feel is right for you.

We accept applications from candidates who are currently on student visas for this role. We cannot accept applications from candidates who have previously spent time on a Skilled Worker or Graduate visa. If successful to offer, you must stay on your student visa until our immigration team contacts you 3 months beforestartdate. See our Work Permits page for more information.

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