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

MAZARS UK; Greater London; Hybrid; GBP 30,000 - 38,000; Full time

Job summary

A leading global professional services network is seeking an Actuarial Graduate Trainee in London. This role offers a chance to develop key actuarial skills such as reserving and data analytics. You'll be supported through professional qualification and training. Candidates should have a strong academic background in relevant fields and a commitment to learning. This hybrid position offers experience across various client interactions and collaboration within a diverse team.

Benefits

Fully funded professional qualifications

Coaching and mentorship

Blended training approach

Qualifications

• On track to receive or have obtained a 2.1 or above in a relevant degree.
• ‘A’ or above in A-Level Mathematics or equivalent qualification.
• Deep curiosity to learn new things.
• Ability to think critically and solve problems.

Responsibilities

• Perform independent calculations to estimate reserves for different classes of insurance.
• Create independent cash-flow models for life insurance products.
• Assist in writing technical reports.

Job description

Advisory & Consulting - Actuarial Graduate Trainee - London - 1 September 2026 (5274)

Deadline to apply: Friday 2 January 2026. We may close the role earlier if we receive high numbers of applications. Apply early to avoid disappointment. After submitting your application, complete the online assessments promptly. In January 2026 we will review all successful applications and advance the strongest candidates to the next stage.

Forvis Mazars : who are we?

Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. In the UK we operate 14 offices and employ over 3,400 professionals, including 190 partners. We have a clear purpose and a shared commitment to shape a better future. Join a collaborative and inclusive team where you are supported to grow your skills, explore new opportunities, and contribute from day one. You’ll work with a diverse client base, build meaningful connections, and gain experience that extends beyond your local team. Together we grow, belong and impact.

About the Advisory & Consulting Team

Our Advisory and Consulting service line is an award‑winning, global group of successful, entrepreneurial teams. The scope of roles across our service line is broad and varied, enabling us to help clients make meaningful, key decisions with confidence and meet their goals. In our Advisory & Consulting group, collaboration is at the core of everything we do. We have over 800 experts across six business units—Deals and Financing, Financial Services Consulting, Consulting, Infrastructure Finance, Forensics and Completion, and Restructuring & Insolvency—working together to add value to clients by finding solutions to a range of financial issues as one collaborative team.

We prioritise quality and trust, operating a commercial, pragmatic, and responsive approach that balances personal, productive client interactions with market‑driven change.

About the Actuarial Team

The Actuarial team is part of the Insurance Risk Consulting (IRC) department—a rapidly growing, globally successful group. We offer a range of traditional actuarial services across the general and life insurance industries, including reserving, capital management, Solvency II assessment, IFRS 17 compliance and other regulatory requirements. We serve insurance companies in aviation, cyber, property, motor, individual & bulk purchase annuities, whole‑life insurance, profit‑unit linked, and more across the London Market and Lloyd’s in the UK and Europe. We also collaborate closely with Risk Assurance, Financial Services Consulting, Audit, and Forensics to provide internal and external audit, independent expert reviews, claims consulting, and statistical sampling.

As a trainee, you will work a hybrid schedule—splitting time between home, office visits, client sites when required, and studying for your professional exams.

Hear from one of our graduate trainees, Arunan:

Being part of the actuarial team has given me hands‑on experience with much of the technical work we carry out, while also providing a good network and system to support my exams and apprenticeship. It has also given me exposure to working with a variety of clients and team members at Forvis-Mazars. I have learned a lot from our extensive team and felt supported throughout my transition into my first full‑time role post‑university.

Every story is different at Forvis Mazars. Our people have amazing, personal experiences, so the best way to learn about life here is to hear it first hand—click to hear their stories.

About the role

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 entering this program will develop expertise in actuarial skills—reserving, data analytics, regulatory reporting—alongside key consulting skills. Supported by a diverse team of experts, you gain formal training and e‑learning opportunities. You will work with some of the world’s most recognisable companies, including those listed on the London Stock Exchange, as well as mutual and proprietary businesses. Our Actuaries operate 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 cash‑flow models for products such as annuities, whole life, and term assurance, then compare the output with client models.
• Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates (deterministic and stochastic), and matching adjustments used in the cash‑flow 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 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'll join us as a permanent employee—the 3 years is only the beginning of your exceptional career journey at Forvis Mazars.

What we’re 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).
• ‘A’ or above in A‑Level Mathematics or equivalent qualification.
• Deep curiosity to learn new things and 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 and seeks ways to improve.
• Enjoys meeting and engaging with new people, respecting diversity and integrity.
• Works well under pressure and keeps a positive ‘can‑do’ attitude when faced with challenges.
• Excellent time‑management skills.
• A willingness to travel and adhere to our flexible working environment.

Learning and development

Fully funded professional qualification: Institute and Faculty of Actuaries (IFoA). Additional qualification: Level 7 apprenticeship.

Our supportive culture includes coaching, mentorship and one‑on‑one guidance. We fund qualifications, provide study time off and offer a blended training approach—both in‑person and virtual. A buddy will be assigned before you join to help you settle into the team and navigate your first year at Forvis Mazars.

You will receive comprehensive quality training and development covering professional excellence, client excellence, digital excellence and technical excellence, helping you reach your full potential and become a standout talent. To learn more, read our FAQs.

Inclusion and diversity

Being inclusive is core to our culture. We support everyone—whether in recruitment or beyond—to be their unique selves and provide a level playing field. To understand our approach, click here.

Next steps

Roles will close as soon as we find the right people, so submit your application early to avoid disappointment. International applicants or those requiring a visa should view our FAQs before applying to be aware of deadlines and essential information.