Actuarial (General Insurance) Industrial Placement Programme 2027

Zurich 56 Company Ltd; Greater London; Hybrid; GBP 20,000 - 26,000; Full time

Benefits offered by this job

28 days holiday + volunteering

Private medical cover

Pension 12%

Annual bonus

Hybrid working

Gym discounts

Gadget insurance

Tech offers

Job summary

Zurich invites penultimate-year students to apply for a 1-year industrial placement in Actuarial topics across London, Farnborough, Birmingham or Whiteley. You’ll gain real responsibility from day one within the actuarial team, with a buddy to support your transition and a pathway toward graduate opportunities in 2028.

You’ll work on actuarial reserving and pricing, using data and analytical thinking to inform risk, pricing and capital decisions.

Qualifications

• Penultimate-year student on track for a 2.1 in STEM or Economics
• GCSE English and Maths at grade C/4 or higher
• Mathematics A-level at grade A or higher
• 128 UCAS points from 3 A-Levels (or equivalent)
• Right to work in the UK without sponsorship

Responsibilities

• Work on actuarial reserving to estimate future claims costs
• Assist in actuarial pricing analysis and model development
• Learn from experienced actuaries across the UK and global business
• Collaborate with your buddy to settle in and contribute

Skills

Analytical thinking

Numerical aptitude

Teamwork

Communication

Detail orientation

Education

Penultimate-year STEM or Economics degree

Job description

Location: London, Farnborough, Birmingham or Whiteley

Closing date for applications: Sunday 18 th October 2026

Insurance is so much more than you think!

Do you want to discover more about careers that will excite, challenge and inspire you? If so, a Zurich industrial placement could be just what you're looking for.

Forget any preconceptions you have about the insurance industry. Our one-year industrial placements give you a real job with real responsibility and a taste of life working at Zurich.

With plenty of support around you, you’ll experience how your future career might look and help us make a difference to our customers at a time when they need us the most.

Our industrial placements are ideal for students in their penultimate year of study. As well as gaining some great experience, successful completion of your industrial placement in 2027 could lead to you being offered a place on one of our graduate programmes starting in 2028.

What can I look forward to?

From day one, you'll be working on real business challenges that make a genuine difference. Our insurance solutions help protect everyone from individual customers and small businesses to local authorities and some of the world's largest organisations. Behind every insurance policy is a team of actuaries helping to understand risk, make informed decisions, and shape business strategy.

As part of the actuarial team, you'll learn from experienced actuaries and analysts across the UK and our wider global business. You'll be supported every step of the way, starting with a dedicated buddy before you join, who'll help you settle in and answer any questions as you begin your career.

Actuarial reserving

Help answer one of the most important questions in insurance: how much will future claims cost? You'll use data, statistical techniques, and analytical thinking to predict future outcomes, identify emerging trends, provide valuable business insights, and support capital management decisions. Your work will play a key role in ensuring the long-term strength and stability of the business.

Actuarial pricing

Discover how data drives business decisions. You'll help determine the price of insurance products by analysing risk, customer behaviour, and market trends. From improving customer segmentation to developing innovative pricing models and technology, you'll contribute to solutions that keep us competitive while delivering value to customers.

As well as working alongside qualified actuaries, we also provide internal actuarial training to help you understand some of the other work we do, so you can get insight into work that you may not necessarily get a chance to be involved in.

What’s in it for you?

As well as joining a company that is passionate about sustainability and our customers, you can expect:

• 28 days holiday plus an additional three volunteering days
• You can request to swap UK bank holidays for days off that have cultural or religious significance to you
• Full private medical cover
• 12% company pension contribution
• Annual company bonus
• Discounted gym membership
• Discounted gadget insurance
• Discounted technology offers

What you’ll need:

Although we are a hybrid workforce, you should be within a commutable distance of your assigned office.

Additioanlly, you'll need:

• strong mathematical skills, an analytical approach and a high level of numerical aptitude
• The ability to learn new technical skills, feel comfortable working with large amounts of data or information, and have an eye for detail
• Excellent team-working, communication and interpersonal skills
• A strong interest in pursuing an actuarial career post-graduation, alongside maintaining office performance
• the ability to build strong working relationships

Entry Requirements:

• You must be in your penultimate year of study and on course to achieve a 2.1 (or above) in a STEM-related or Economics degree subject at a bachelor's level (or equivalent)
• A minimum C/4 grade in both English and Maths at GCSE level (or equivalent).
• A minimum A grade at Mathematics A-level
• At least 128 UCAS points from 3 A-Level subjects (or equivalent)
• You must have an indefinite, full right to work and reside in the UK. We 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.

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 w e 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.

The financials

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

Time away

• 28 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.