Advisory & Consulting - Actuarial Graduate Trainee - London - 1 September 2026

Tussell Limited; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading actuarial consulting firm in London is seeking an Actuarial Graduate Trainee to help manage financial risks for top-tier insurance organizations. As part of the team, you'll perform calculations, create cashflow models, and engage in various professional development programs, including a fully funded qualification with the Institute and Faculty of Actuaries. Ideal candidates should have a strong educational background in relevant fields. Join us to start your career in a supportive environment.

Benefits

Fully funded professional qualification

Mentorship and coaching

Comprehensive training

Qualifications

• On track to receive or have obtained a 2.1 or above in a relevant degree.
• An 'A' or above in A-Level Mathematics or equivalent qualification.
• Deep curiosity to learn new things and is naturally inquisitive.

Responsibilities

• Perform independent calculations to estimate reserves for different classes of insurance.
• Create independent cashflow models for products such as annuities and term assurance.
• Assist in creating presentations in non-technical language for non-actuaries.

Skills

Critical thinking

Problem-solving

Curiosity

Interpersonal skills

Responsibility

Education

2.1 or above in a relevant degree

A-Level Mathematics or equivalent

Job description

Advisory & Consulting - Actuarial Graduate Trainee - London - 1 September 2026

Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Graduates joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. Supported by a diverse team of experts, they will have access to various learning opportunities, including formal training and e-learning. Graduates will work with some of the world\'s most recognisable companies, including those listed on the London Stock Exchange, as well mutual and proprietary businesses. Our Actuaries work across both life and general insurance industries, addressing diverse client needs.

As part of our General Insurance team, you will:

• Perform independent calculations to estimate reserves for different classes of insurance;
• Perform detailed testing of claims data to challenge management on trends in large and unusual movements;
• Review the methodology and assumptions selected by management in their calculation of reserves;

As part of our Life Insurance team, you will:

• Create independent cashflow models for products such as annuities, whole life, and term assurance, and compare the output with models received from clients.
• Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates (both deterministic and stochastic), and matching adjustments used in the cashflow projection models.
• Use actuarial techniques to create independent expectations to review assumptions related to annuities, whole life, term assurance, and health products.

Other general activities will include:

• Provide support in writing technical reports
• Assist in creating presentations in non-technical language for non-actuaries
• Develop client relationships through meetings, social activities, and gaining an understanding of their business/industry.

You're joining us as a permanent employee, so the 3 years is only the beginning of your exceptional career journey at Forvis Mazars.

Learning and development

Fully funded professional qualification for this role: Institute and Faculty of Actuaries (IFoA)

Our supportive culture includes coaching, mentorship, and one-on-one guidance to help you grow, belong and make an impact. You will be allocated a buddy before joining who will support you to settle into the team and navigate your first year at Forvis Mazars.

You will also receive comprehensive quality training and development to grow in your professional career; this includes development in professional excellence, client excellence, digital excellence, and technical excellence. Our goal is to support you in reaching your full potential and become a standout talent. To understand more read our FAQs.

What we are looking for

• On track to receive or have obtained a 2.1 or above in a relevant degree (e.g. Maths, Physics, Economics, Engineering or Actuarial Science)
• An \'A\' or above in A-Level Mathematics or equivalent qualification;
• Deep curiosity to learn new things and is naturally inquisitive;
• The ability to think critically solve problems and share knowledge with others;
• A commitment to self-development and learning;
• Strong sense of ownership of duties and high levels of responsibility to deliver on promises;
• Always looks to try their best in all they do and always looking for ways to improve;
• Enjoys meeting and engaging with new people with an underlying respect for individuals, diversity, and integrity;
• Works well under pressure and have a positive ‘can-do\' attitude if faced with challenging situations;
• A willingness to travel and adhere to our flexible working environment.

Additional job details

Location: London

Contract, dates and working times

Start Date 1 September 2025

How to apply

Roles will be closed as soon as we find the right people, so to avoid disappointment we encourage you to submit your application as soon as possible. Please note the start date is 1 September 2026. If you are an international applicant and/or require a visa please view our FAQs before applying to be aware of deadlines and important information you need to know before applying.

Click Apply to start your application now. This job will be available on Prospects until 2 January 2026

Don\'t forget to mention Prospects to employers when you contact them.

At Forvis Mazars, we celebrate individuality and we thrive on teamwork. We give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and make an impact, so that everyone can reach their full potential.

That\’s why Forvis Mazars is the smart choice.

To stay safe in your job search we recommend that you visit JobsAware, a non-profit, joint industry and law enforcement organisation working to combat job scams. Visit the JobsAware website for information on common scams and to get free, expert advice for a safer job search.