Actuarial - Full-Time Graduate - Edinburgh

Cooper & Hall Limited; City of Edinburgh; Hybrid; GBP 28,000 - 36,000; Full time

Benefits offered by this job

Hybrid work model

Accessible workspaces

In-person induction

Job summary

Deloitte invites applicants for an Early Careers Actuarial Insurance role in Edinburgh. You will develop actuarial modelling and data analytics skills, learn regulatory reporting across life and general insurance, and engage in client work with a professional, collaborative team.

No prior experience is required, and a 2:1 degree by September 2027 is targeted; maths is encouraged as part of the foundation for the role.

Qualifications

• Minimum 2:1 in any degree discipline and graduates by September 2027.
• A-level in Maths encouraged.
• No prior experience required.
• Interest in insurance industry and actuaries recommended.

Responsibilities

• Analyse client data before drafting reports and slide decks for findings.
• Research demographic and financial assumptions.
• Estimate, review and validate actuarial numbers for audits.
• Assess future liabilities for premiums, profitability and reporting.
• Advise on capital to hold and capital structure.
• Support process improvements and embed new solutions with clients.

Skills

Mathematics

Analytical thinking

Problem solving

Attention to detail

Education

2:1 degree

Tools

Actuarial modelling

Data analytics

Regulatory reporting

Job description

What does this team do?

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 toplan for the future, andit’salways 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 any 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 isrequired, however some understanding and interest of the insurance industry, and the role of actuaries is recommended.

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 our Candidate Zone.

An Actuarial Insurance role is suitable for you ifyou’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.

What kind of work will I do?

As well as learning key consulting skills, you will also gainexpertisein actuarial specific skills such as actuarial modelling, dataanalyticsand 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,reviewingandvalidatinga 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, financialreportingand transferring blocks of business;

• Advising on the level of capital to hold and the capital structure;

• Supporting financial change programmes byidentifyinginefficiencies 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.