Senior Actuarial Trainee (BPA)

Royal London; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading mutual life pension and investment company in Greater London seeks a Senior Actuarial Trainee to conduct actuarial analysis and collaborate on product development. This role offers the opportunity to work in a supportive environment with hybrid working arrangements. The ideal candidate should have strong analytical skills and progress in actuarial qualifications. Join the team to make a positive impact in the BPA market with flexible working arrangements and great benefits including leave and pension schemes.

Benefits

28 days annual leave plus bank holidays

14% employer matching pension scheme

Private medical insurance

Qualifications

• Proficiency in actuarial software and tools.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.

Responsibilities

• Conduct actuarial analysis and calculations.
• Collaborate with teams to develop new products.
• Assist in preparation of financial reports.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Attention to detail

Education

Relevant actuarial qualifications or progress towards them

Tools

Actuarial software

Job description

Job Title : Senior Actuarial Trainee BPA

Contract Type : Permanent

Location : London / Alderley Park / Edinburgh

Working style : Hybrid 50% home / office based

Closing date : 22nd October 2025

Job Summary

Are you ready to take your actuarial career to the next level? Join the BPA team at Royal London, the UK’s largest mutual life pensions and investment company. We are looking for a Senior Actuarial Trainee to work on exciting projects that will shape the future of our business. This is your chance to make a real impact and add value to our innovative initiatives.

This role has arisen due to planned growth of our BPA Pricing team and provides an opportunity to make a positive impact on the BPA market while supporting our continued success. We are proud to support flexible working and invite candidates from diverse backgrounds to consider this role.

About the Role

• Conduct actuarial analysis and calculations to support our business objectives.
• Collaborate with cross‑functional teams to develop and implement new products.
• Assist in the preparation of financial reports and regulatory submissions.
• Provide insights and recommendations based on data analysis.
• Participate in project management and process improvement initiatives.
• Support the development and maintenance of actuarial models.
• Ensure compliance with industry standards and regulations.

About You

• Strong analytical and problem‑solving skills.
• Excellent communication and interpersonal abilities.
• Proficiency in actuarial software and tools.
• Relevant actuarial qualifications or progress towards them.
• Ability to work independently and as part of a team.
• Attention to detail and a commitment to accuracy.
• Experience in the life pensions or investment sectors is a plus.

About Royal London

We are the UK’s largest mutual life pensions and investment company offering protection, long‑term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We’ve always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays and up to a 14% employer matching pension scheme and private medical insurance.

Inclusion, Diversity and Belonging

We’re an inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected whatever their background.

Employment Type : Trainee

Experience : years

Vacancy : 1