Actuarial Trainee

Unum; Dorking; Hybrid; GBP 25,000 - 35,000; Full time

Benefits offered by this job

Performance incentive

Onsite perks

Hybrid work

Job summary

Unum is seeking a motivated actuarial trainee to support a range of actuarial activities and analyses. You will learn how actuarial insights drive business performance, risk management and decision-making.

Work closely with Finance and Risk, progress toward professional qualifications, and gain exposure to Solvency II frameworks while developing your technical skills in a collaborative team.

Qualifications

• Degree in a numerate subject with 2:1 or above.
• Strong academic record including A-Level Mathematics or equivalent.
• Excellent numerical, analytical and problem-solving skills.

Responsibilities

• Support the delivery of actuarial activities, analyses and projects.
• Develop understanding of how actuarial insights support business performance and risk management.
• Take ownership of tasks and deliver high-quality work with accuracy.

Skills

Numerate degree

Analytical skills

Communication

Attention to detail

Multi-priority

Programming exposure

Education

2:1 in numerate subject

A-level Mathematics

Tools

Excel

Python/R/VBA exposure

Job description

Job Posting End Date: August 27

Who are we?

We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.

The role

What will you be doing?

• Support the delivery of a range of actuarial activities, analyses and projects across the business.
• Develop an understanding of how actuarial insights support business performance, decision-making and risk management.
• Take ownership of tasks and deliver high-quality work with accuracy and attention to detail.
• Contribute to projects aimed at improving processes, systems and ways of working.
• Maintain clear and accurate documentation of actuarial methodologies and processes.
• Work closely with colleagues across Finance, Risk and the wider business, developing your communication and stakeholder management skills.
• Learn about the regulatory environment in which we operate, including Solvency II and broader risk management frameworks.
• Build technical expertise through a combination of on-the-job experience, formal study support and professional development opportunities.
• Progress towards qualification through our actuarial study support scheme.
• This is a fantastic opportunity to launch your actuarial career within a supportive and collaborative team, gaining exposure to a broad range of actuarial work while studying towards professional qualifications.

What will you bring?

• A degree in a numerate subject, achieved at 2:1 level or above.
• A strong academic record, including A-Level Mathematics (or equivalent).
• Excellent numerical, analytical and problem-solving skills.
• Strong attention to detail and a commitment to delivering accurate work.
• An interest in developing a career within the actuarial profession.
• Good communication skills and the ability to explain information clearly and confidently.
• The ability to manage multiple priorities and work effectively to deadlines.
• A proactive and inquisitive mindset with a willingness to learn.
• Experience using Excel; exposure to programming languages such as Python, R or VBA would be advantageous but is not essential.
• Any actuarial internship, placement year or relevant work experience would be beneficial but is not required.

Location

Hybrid working. 3 days in office , 2 days from home. A minimum of 2 days a week from our Dorking office and option to work the third from a choice of offices in Dorking, Basingstoke & London.

Benefits

• Performance based incentive 8.5% (Paid in March)
• Company funded Life Assurance and Group Income Protection
• Pension Scheme with generous company match - employer contributions from 8-12%
• Generous holiday allowance with the option to buy and sell leave
• Salary sacrifice electric car scheme with onsite electric charging points
• Free parking at Dorking & Basingstoke sites
• Free onsite perks
• Dorking office: Restaurant, Gym, Tennis Courts, Free Shuttle Bus from Train Station

Why join us?

At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life. As a part of our commitment to creating an inclusive workplace, we actively encourage applications from those with disabilities and those with long-term health conditions. If you meet the essential criteria for the role and choose to opt in to the scheme during your application, you will be offered an interview under the Disability Confident Scheme. If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to [e-mail]. We are proud to be a Disability Confident Employer.

Unum UK

At Unum Group, we’re a Fortune 500 company and leading international provider of workplace benefits and services, helping workers and their families thrive for more than 175 years. Through our Unum and Colonial Life brands, our company offers disability, life, accident, critical illness, dental and vision insurance; leave and absence management support; and behavioral health services. Our 10,000+ employees work across operations in the US, UK and Poland, as well as our dedicated Technology Centre in Ireland. Unum Group is committed to working with and providing reasonable accommodations for any applicant with a disability. If you are disabled and need a reasonable accommodation to participate in the application or hiring process, please contact us by submitting a request here.