Pricing Intern

Pacific Life Re; Greater London; On-site; GBP 16,000 - 22,000; Part time

Job summary

Pacific Life Re invites applications for a Pricing Intern in London as part of its Actuarial Internship Programme. Start Date: January 2027. Salary: Competitive (£).

We seek penultimate-year students studying Actuarial Science, Maths, MORSE or related disciplines, who can commit to a 6-month industry placement, and who have the right to work in the UK without sponsorship. You will join one of our Insurance Pricing or Capital Solutions teams in a collaborative environment.

Qualifications

• Penultimate year student available for a 6-month placement.
• Studying Actuarial Science, Maths, MORSE, or related discipline.
• Must have existing permanent Legal Right To Work in the UK; we are not offering sponsorship.
• Exceptionally strong numeracy and the ability to analyse and interpret complex data.
• A collaborative and team-oriented mindset.
• Excellent written communication skills
• Strong interpersonal skills.

Skills

Numeracy

Written communication

Interpersonal skills

Team collaboration

Education

Actuarial Science

Mathematics

MORSE

Job description

Job Title

Pricing Intern

Job Description

Pacific Life Re Actuarial Internship Programme (London)
Start Date: January 2027
Salary: Competitive (£)

About Us

Pacific Life Re is a global reinsurance company with a strong presence in Europe, Asia, Australia, and North America. With a focus on innovative products and services in areas such as Life, Critical Illness, Income Protection, Longevity and Capital Solutions, we have a legacy of over 150 years of expertise. Backed by our parent company, Pacific Life, we have a commitment to intelligent risk-taking, a selective approach to talent acquisition, and investments in cutting-edge analytical technologies.

What We're Looking For

We are seeking two talented, ambitious, and dedicated university students to join our team of Actuarial experts in our London office. At Pacific Life Re, we encourage a fresh perspective and value those who are willing to challenge conventional thinking. The successful candidates will join one of our Insurance Pricing or Capital Solutions teams.

The Insurance Pricing team sets cutting edge pricing assumptions for biometric risks across our Savings and Retirement line of business. Our Capital Solutions team is our newest line of business, where we create innovative capital efficient reinsurance solutions to help our clients with balance sheet and earnings management.

To excel in our Internship Programme, you should possess the following qualities:

• You should be a penultimate year student available for a 6 month industry placement that you will complete with pacific Life Re before returning to university to finish your final year.
• You must be studying Actuarial Science, Maths, MORSE, or a related discipline
• You must have existing permanent Legal Right To Work in the UK, we are not offering sponsorship for this position
• Exceptionally strong numeracy and the ability to analyse and interpret complex data
• A collaborative and team-oriented mindset
• Excellent written communication skills
• Strong interpersonal skills

What We Offer

As a successful applicant, you will gain valuable hands-on experience and develop a comprehensive understanding of our business and the services we offer to our clients. You will be an integral member of a team committed to delivering the highest levels of professionalism.

Join us at Pacific Life Re and embark on a journey of growth, innovation, and meaningful contributions to the reinsurance industry.

Company Values & Behaviours

The culture of our business is important to us. At Pacific Life Re you will be expected to model our company values and behaviours on a day-to-day basis.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days
• Adoption and fertility leave
• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents
• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership
• Access to Employee Assistance Program
• Cycle to Work and Electric Car Salary Sacrifice Scheme
• Time off for volunteering
• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values