Actuarial Summer Internship 2027

Howden Group Holdings; Greater London; On-site; GBP 160,000 - 170,000; Full time

Benefits offered by this job

Relocation assistance

Deferred graduate offer

Training & development

Buddy support

6 days paid leave

Discounted health policies

Job summary

Howden is offering an Actuarial Summer Internship in London for students in numerate disciplines. You will work with the Actuarial team on real client projects, analyzing large datasets and supporting model development.

The programme includes an induction, exposure to the full actuarial lifecycle and opportunities for a deferred graduate offer for Autumn 2028. No prior insurance experience is required; you will learn on the job and have access to training, a buddy, and travel coverage for an

Qualifications

• Penultimate year of study in a numerate degree (e.g., Mathematics, Statistics, Physics, Engineering, Economics).
• A-grade or above in A-level Mathematics or equivalent.
• Interest in (re)insurance, actuarial science and risk.
• Willingness to learn, take initiative and contribute to a team.
• Experience with programming (Python, R, VBA) is beneficial but not essential.

Responsibilities

• Analyze large datasets to uncover meaningful insights.
• Support development of actuarial models and simulations.
• Prepare client-ready presentations and reports.

Skills

Numerate degree

Python

R

VBA

Analytical thinking

Problem solving

Education

Penultimate-year student

Tools

Python

R

VBA

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: June2027 Salary: £32,500 pro‑rata for 10weeks 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 HowdenRe’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.

Application process

Our application process is designed to help you show your potential, not to test what you already know! Online application form – no CV required: We believe you're more than a document, so we won’t ask you to submit a CV. Please upload a blank document on the application form. Online gamified assessment: We’ve created games that will help us understand your natural strengths and how you approach different situations. There are no right or wrong answers. You can complete this stage on your phone or laptop, whichever suits you best! Pre‑recorded video interview: You will record your answers to a few questions using your phone or laptop, giving you the chance to tell us more about yourself in your own time in a relaxed setting. Assessment centre: Our final stage is an in‑person assessment centre at one of our offices. You’ll take part in some fun group activities and meet our team in a relaxed setting. This day is all about getting to know you better and for you to see what it’s like to be part of Howden and experience our culture. We’ll cover all your travel costs for this day, because where you are now, shouldn’t hold back your future.

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 Autumn2028.
• 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) Howden began in1994, as just three people and a dog. Now there are 23,000 of us, and we’re a leading global insurance group, managing $37bn of premiums for our clients. Our largest shareholder group is us – the people who work in the business – supported by three long‑term, minority growth‑equity partners who share our vision to build a business to last, one that will never be sold. The owner’s mindset is something that’s embedded in our culture; our people readily take ownership of their decisions, their actions, and their outputs. They’re invested in every sense. And we all know that by working together to drive the business forward, everyone will benefit from the extraordinary results we can achieve.