Actuarial Intern - 1 Year Placement

Pacific Life Re Limited; Greater London; On-site; GBP 20,000 - 26,000; Full time

Benefits offered by this job

Hybrid working

Mentoring and career development

Competitive salary

Job summary

Pacific Life Re Limited in London is offering a one-year Actuarial Intern placement for penultimate-year students. You will gain hands-on experience on real projects and learn from experienced actuaries in a collaborative environment.

The placement provides practical exposure with mentoring, a pathway to a graduate role, and the chance to contribute to meaningful actuarial work from our London office.

Qualifications

• Minimum A grade in Maths at A level (or equivalent).
• Penultimate year of university and on track for a 2:1 or above in a STEM degree.
• Existing permanent right to work in the UK; sponsorship not offered.

Skills

Numbers

Teamwork

Communication

Curiosity

Education

Maths A-level

STEM degree

Job description

Job Title

Actuarial Intern - 1 Year Placement

Job Description

Pacific Life Re – Actuarial 1 Year Placement (London)

Are you a curious, analytical thinker with a passion for problem-solving? Do you want to work with one of the world’s leading reinsurance companies and make a real impact from day one?

Join Pacific Life Re’s Actuarial Placement Programme and gain a year of hands‑on experience working alongside some of the best minds in the industry – all while building the foundations for a future actuarial career.

About Us

At Pacific Life Re, we’re not your typical insurance company. We’re part of the global Pacific Life family, with over 150 years of experience and a forward-thinking approach to risk, innovation, and technology. We support clients across Europe, Asia, Australia, and North America with cutting‑edge reinsurance solutions in Life, Critical Illness, Income Protection, Longevity and Capital Solutions.

We value fresh ideas, creative problem‑solvers, and people who ask “why not?” just as much as “why.”

Who We’re Looking For

We’re looking for ambitious university students in their penultimate year of study, ready to take on a year‑long industrial placement in our London office. This placement is your opportunity to explore a future in the actuarial profession while contributing meaningfully to real projects.

You’ll thrive here if you are:

• Great with numbers and enjoy working with data
• A strong team player who likes solving problems collaboratively
• A clear communicator with excellent written and verbal English
• Someone who brings energy, curiosity, and a willingness to learn

Entry Requirements:

• Minimum A grade in Maths at ‘A’ level (or equivalent)
• In your penultimate year of university and on track for a 2:1 or above in a STEM degree
• You must have existing permanent Legal Right to Work in the UK, we are not offering sponsorship for this position

What You’ll Get

• Real experience, real responsibility – You’ll be working on meaningful projects that contribute to our business and support our clients.
• Support to grow – Learn from experienced actuaries, receive mentoring, and discover what an actuarial career looks like in a collaborative, inclusive environment.
• A foot in the door – Many of our placement students go on to join us as graduates.

Plus, you’ll enjoy:

• A competitive salary
• Hybrid working (with dedicated time in the office to collaborate and build connections)
• A friendly, supportive culture that genuinely values diversity, inclusion, and fresh thinking

Our Culture

At Pacific Life Re, we believe that our people are our biggest strength. We’re committed to creating a workplace where everyone feels valued, heard, and empowered to thrive. Our culture of Diversity & Inclusion means you’ll be supported to bring your whole self to work, every day.

We also believe that flexible working is key to doing your best work – but equally, we know the power of coming together in person to learn, grow, and connect.

Key Dates

• Application Deadline: 18 October 2026
• Assessment Centre (London office): 10 November 2026

For any further questions please contact us at [e-mail]

Take the first step in your actuarial career. Discover your potential with Pacific Life Re.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work‑life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days
• Adoption and fertility leave
• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents
• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership
• Access to Employee Assistance Program
• Cycle to Work and Electric Car Salary Sacrifice Scheme
• Time off for volunteering
• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values