Actuarial Apprenticeship 2025 (Swindon)

Zurich 56 Company Ltd; Swindon; On-site; GBP 20,000 - 25,000; Full time

Job summary

A leading insurance firm in Swindon is offering an actuarial apprenticeship designed to develop key data analysis and risk management skills. This role provides the opportunity to engage in real-world projects while pursuing a Level 4 Actuarial Technician qualification. Candidates should possess strong mathematical and communication skills, as well as the right to work in the UK. Competitive benefits and a supportive working environment are offered.

Benefits

12% company pension contribution

25 days holiday plus additional volunteering days

Private medical cover

Annual company bonus

Discounted gym membership

Qualifications

• Full right to work and reside in the UK.
• Professional attitude with a positive 'can do' approach.
• Appetite to learn.

Responsibilities

• Figuring out risks and how much things should cost.
• Building models to predict future outcomes.
• Calculating the cost of life insurance policies.

Skills

Strong interpersonal and communication skills

Ability to build strong working relationships

Comfortable with maths and a logical mindset

Effective personal planning and organisation

Strong IT skills, knowledge of Excel

Education

Minimum of three A Levels at A*- C (or equivalent)

A minimum of five GCSEs at grade C/4 including Maths and English

Job description

Overview

Location: Swindon

Start Date: As soon as possible

Closing date for applications: Wednesday 1st October 2025

Insurance is so much more than you think!

Are you looking for a career that will excite, challenge and inspire you? If so, an apprenticeship could be the ideal role for you! You’ll find the perfect balance of real life, on the job experience, whilst having time to complete your studies, apply your knowledge and earn qualifications too. With plenty of support around you, including your buddy, you’ll have lots of opportunities to shape your career and to make a difference to our customers at a time when they need us the most.

This is a permanent role, your apprenticeship is just the start of your career with us. We\'ll continue to cheer you on every step of the way once you’ve finished and will remain committed to help you grow. Working in insurance is so varied, you’ll find that there are so many different opportunities for you to explore. An apprenticeship is the perfect way to fast-track your career.

Actuaries use maths and statistics to help us predict and manage risks. This helps us understand when our customers might need our support.

Our actuarial apprenticeship programme will help you learn how to analyse data, assess risks and create models to drive intelligent decision-making. You’ll work alongside expert actuaries and use your numerical, team-working, communication and interpersonal skills while working on our products, pricing or reserving.

What you’ll do

Your role could involve:

• Figuring out risks and how much things should cost.
• Build models to predict future outcomes.
• Calculate the cost of life insurance policies based on different scenarios.
• Create reports to share your findings.
• Make sure everything follows the rules.
• Give advice on smart ways to invest and plan finances.
• Keep an eye on insurance programmes to make sure they stay strong.

What can I look forward to?

• Use actuarial tools to analyse data and calculate the likelihood and costs of certain events.
• Improve your communication skills and enhance your ability to plan, prioritise, analyse, and understand the professional landscape.
• Engage in daily activities like solving problems, building and coding models, creating and editing Excel spreadsheets, analysing data, and providing insights.
• You\'ll also learn about mathematical concepts related to insurance. Your specific tasks will depend on your strengths and the needs of the team.
• As an actuarial apprentice, you’ll complete the Level 4 Actuarial Technician apprenticeship. The apprenticeship will typically take 27 months to complete. In addition to investing in your learning, we give you time to study as well as the opportunity to put what you learn into practice.
• Your qualification is just the start of your career at Zurich. Once your apprenticeship is complete you will have plenty of opportunities to put your new skills into practice while continuing to develop and grow.

What’s in it for you?

As well as joining a company that is passionate about our people, sustainability and our customers, we also have a competitive rewards and lifestyle benefits package.

• 25 days holiday plus an additional 3 volunteering days
• Private medical cover
• 12% company pension contribution
• Annual company bonus
• Discounted gym membership
• Discounted gadget insurance
• Discounted technology offers

What you’ll need

• Full right to work and reside in the UK - Due to government regulations, we cannot accept applications from those who require a visa to live and work in the UK. You must have the indefinite right to live and work in the UK and have resided here for a minimum of three consecutive years.
• Minimum of three A Levels at A*- C (or equivalent), including an A or A* in maths
• A minimum of five GCSEs (or equivalent) at grade C/4 including Maths and English.
• A professional attitude with a positive ‘can do’ approach to your work
• Strong interpersonal and communication skills
• Ability to build strong working relationships
• Strong IT skills, knowledge of Excel is preferable (but not essential)
• Comfortable with maths and a logical mindset
• Appetite to learn
• Effective personal planning and organisation

NB: Due to Apprenticeship funding rules, we can only accept applicants who haven’t completed a qualification in the same field at the same or higher level to the course you are applying for.

Are you ready to create a brighter future?

At Zurich our brand purpose is to create a brighter future together, for our customers, our partners, our employees and the planet. It’s a promise that for our customers, we will put their needs at the heart of everything we do and for our employees, to grow and develop together. For our partners, to collaborate to create mutual value and for the planet, to drive positive impact by integrating our sustainability work into how we do business. We put our customers at the heart of everything that we do, and we’re looking for like-minded people to join us.

We’re passionate about diversity and inclusion, we want our people to bring the whole of themselves to work. You’ll have every opportunity to use your drive and enthusiasm to innovate the future of Zurich. Everybody is made to feel welcome, different opinions are valued, personal needs are respected, and opportunity is equal for all.

So, make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

Please note we are unable to progress your application if you don\'t meet our criteria listed above.Please ensure you have the right to reside and work in the UK before you apply as we are unable to provide sponsorship. You must have resided in the UK for a minimum of three consecutive years in order to apply.

Benefits and commitments

The financials

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.

Time away

• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks\' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

We\'re making a difference

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.