Pricing Intern

Pacific Asset Management, LLC; Greater London; On-site; GBP 18,000 - 24,000; Full time

Benefits offered by this job

Private insurance

Group Life Insurance

Pension / Retirement plan

Wellness initiatives

Subsidized gym membership

Employee assistance program

Job summary

Pacific Life Re in London is offering a six-month actuarial internship as part of the Pricing or Capital Solutions teams, starting January 2027. You will work alongside actuarial experts on real projects, gaining hands-on experience across stress testing, pricing assumptions, and data analysis in a supportive, collaborative environment.

The role is open to penultimate-year students studying Actuarial Science, Maths, MORSE, or a related discipline, who have the right to work in the UK.

Qualifications

• Penultimate year student for a six month industry placement.
• Studying Actuarial Science, Maths, MORSE, or a related discipline.
• Existing permanent right to work in the UK; sponsorship not offered.

Skills

Numeracy

Analytical abilities

Collaborative mindset

Written communication

Education

Actuarial Science / Maths / MORSE / related discipline

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

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.