Actuarial Summer Internship 2027

Howden Re; Greater London; On-site; GBP 27,000 - 40,000; Full time

Benefits offered by this job

Relocation support may be available

Deferred graduate offer

Training & development

Buddy support

6 days paid leave + bank holidays

Discounted health policies

Job summary

Howden Re is offering an Actuarial Summer Internship in London for students in the penultimate year of a numerate degree. The programme provides structured induction, hands-on client projects and exposure to actuarial modelling, risk pricing and development, with a pathway to Autumn 2028 graduate roles.

You will analyse datasets, learn how reinsurance works, and contribute to client-ready reports, meetings and global business development efforts in a collaborative environment.

Qualifications

• Penultimate-year student in a numerate degree (e.g., Mathematics, Statistics, Physics, Natural Sciences, Engineering, Economics).
• A-level Mathematics grade A or above (or equivalent).
• Interest in (re)insurance, actuarial science and risk.
• Ability to analyse information and solve complex problems.
• Ability to communicate clearly and translate complex information for non-technical audiences.
• Eagerness to learn, take initiative and contribute to a team.
• Programming experience is beneficial (Python, R, VBA).
• Must have full and unrestricted right to work in the UK.

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

Numerate degree background

A-level Mathematics

Interest in (re)insurance

Analytical thinking

Communication

Team player

Right to work in UK

Education

Penultimate year student in a numerate degree

Tools

Python

R

VBA

Job description

Location: London

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.

• 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!

• 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‑by‑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.