Actuarial Summer Internship 2027

Howden; Greater London; On-site; GBP 126,000 - 170,000; Full time

Benefits offered by this job

Relocation support (case-by-case)

Paid 6 days leave

Health policy discounts

Training & development

Buddy system

Hybrid working

Job summary

Howden is offering an Actuarial Summer Internship in London for 2027, with a 10-week, paid programme and a starting date in June 2027. The role focuses on turning data into risk insights and provides a pathway to Autumn 2028 graduate opportunities. Applicants must be in the penultimate year of a numerate degree and have strong mathematical foundations.

No insurance experience is required; training will be provided, and there is focus on real client projects alongside experienced actuaries.

Qualifications

• Be in your penultimate year of study from a numerate degree background, such as Mathematics, Statistics, Physics, Natural Sciences, Engineering, Economics or related discipline.
• Have achieved an A grade or above in A-level Mathematics or equivalent.
• Have a genuine interest in (re)insurance, actuarial science and risk.
• Enjoy analysing information and solving complex problems.
• Be able to translate complex information for non-technical audiences.
• Experience with programming is beneficial but not essential (Python, R and VBA).

Responsibilities

• Analyse large datasets to uncover meaningful insights.
• Learn how (re)insurance works and how risk is priced, transferred and managed.
• Support the development of actuarial models and simulations.
• Help prepare client-ready presentations and reports.
• Attend client meetings and gain exposure to the full actuarial lifecycle.
• Contribute to global business development projects, including RFPs.

Skills

Programming (Python, R, VBA)

Analytical thinking

Education

Penultimate year numerate degree (Maths/Stats/Physics/Natural Sciences/Engineering/Economics)

A-level Mathematics (A or above) or equivalent

Job description

Who are we?

Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

Howden Re Actuarial Summer Internship

Please read before submitting: You may only apply to one summer internship programme for our 2027 intake. Submitting duplicate applications will result in them not being considered.

Location: London

Start date: June 2027

Salary: £32,500 pro-rata for 10 weeks

Duration: 10-week programme

Actuarial Summer Internship

Turn Data into Real Insight - Explore the World of Risk

Looking for more than just work experience? If you enjoy solving problems, working with numbers and data to uncover insights, this could be the perfect way to spend your summer. Join Howden Re’s Actuarial Summer Internship Programme and discover how actuaries help businesses understand risk, make informed decisions and prepare for an unpredictable future. Working at the centre of mathematics, data analysis and commercial strategy, you’ll gain experience in both insurance and reinsurance.

The 10-week programme is designed to give you meaningful exposure to the world of actuarial science, while helping you develop the technical knowledge, professional skills and confidence to kick start your career.

Better still, our programme offers a direct pathway into our Autumn 2028 graduate roles, subject to business needs and individual performance.

What you’ll be doing?

You will begin with a structured induction before joining the Actuarial team to work alongside experienced specialists on real client projects.

During the programme, you’ll:

• Analyse large datasets to uncover meaningful insights.

• Learn how (re)insurance works and how risk is priced, transferred and managed.

• Support the development of actuarial models and simulations.

• Help prepare client-ready presentations and reports.

• Attend client meetings and gain exposure to the full actuarial lifecycle.

• Contribute to global business development projects, including Requests for Proposals (RFPs).

Who are we looking for?

No insurance experience is needed; we’ll teach you everything you need to know!

You’ll:

• Be in your penultimate year of study from a numerate degree background, such as Mathematics, Statistics, Physics, Natural Sciences, Engineering, Economics or related discipline.

• Have achieved an A grade or above in A-level Mathematics or equivalent.

• Have a genuine interest in (re)insurance, actuarial science and risk.

• Enjoy analysing information and solving complex problems.

• Be able to get your thoughts and ideas across clearly and translate complex information for non-technical audiences.

• Be eager to learn, take initiative and contribute to a team.

• Experience with programming is beneficial but not essential, such as Python, R and VBA.

To be eligible for our programme, you must have the full and unrestricted right to work in the UK.

Why should you apply?

At Howden, people are at the heart of everything we do. As an employee-owned business, we believe success is built through collaboration, learning and supporting one another. You’ll gain exposure to an exciting global industry, receive structured development throughout the summer and build relationships that could shape your future career.

You’ll also benefit from:

• £32,500 pro-rata over the 10-weeks.

• Relocation support may be available for interns who need to relocate to take part in the programme. Support is assessed on a case‑case basis and subject to eligibility criteria.

• Opportunity to receive a deferred graduate offer for Autumn 2028.

• Excellent training and development schemes and accelerated career progression.

• Access to a buddy to support you throughout your internship.

• 6 days of leave, fully paid, plus bank holidays.

• Access to discounted personal health policies as well as a range of insurance products.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new

• We support each other in the small everyday moments and the bigger challenges

• We are determined to make a positive difference at work and beyond

Reasonable adjustments

We’re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you’re excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Intern (Paid) (Fixed Term) (Trainee)