Actuarial Trainee

Unum UK; Dorking; Hybrid; GBP 26,000 - 36,000; Full time

Benefits offered by this job

Performance based incentive 8.5%

Group Life Assurance

Pension with employer contributions 8-

Generous holiday allowance

Electric car salary sacrifice

Free parking

Disability Confident Employer

Job summary

Unum UK is seeking a motivated actuarial graduate to join our Dorking team. This role offers hybrid work: 3 days in office, 2 days at home, with exposure to a broad range of actuarial tasks and study support to progress toward professional qualifications.

You will gain experience across Finance, Risk and the wider business, learning Solvency II concepts and risk management while developing stakeholder communication skills in a collaborative environment.

Qualifications

• 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 a career within the actuarial profession.
• Good communication skills and the ability to explain information clearly and confidently.
• Ability to manage multiple priorities and work to deadlines.
• Proactive and inquisitive mindset with a willingness to learn.
• Experience using Excel; exposure to Python, R or VBA is advantageous.
• Any actuarial internship or placement year would be beneficial.

Responsibilities

• Support the delivery of a range of actuarial activities, analyses and projects.
• Develop 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 Finance, Risk and wider business, developing communication and stakeholder management skills.
• Learn about Solvency II and broader risk management frameworks.
• Build technical expertise through on-the-job experience and formal study support.
• Progress towards actuarial qualifications through our study support scheme.

Skills

Numerical analysis

Attention to detail

Communication

Time management

Problem solving

Curiosity

Willingness to learn

Education

Numerate degree (2:1+)

A-Level Mathematics

Tools

Excel

Python

R

VBA

Job description

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.

Job Posting End Date: August 27

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.

You’ll Ideally Have

• 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.

Company

Unum UK