Irish Life Trainee Actuary Programme

Irish Life Group Services Limited; Dublin; Hybrid; EUR 32,000 - 42,000; Full time

Benefits offered by this job

Hybrid work model

Pension scheme

Health insurance

Learning & development support

Study support (paid study leave)

Gym membership and wellbeing programs

Mentoring and career guidance

Job summary

Irish Life Group Services Limited is recruiting Trainee Actuaries to join a growing actuarial team in a city centre campus. Start between June and September 2027, with a broad rotation every 2–3 years and a comprehensive study scheme including paid study leave and exam fee coverage.

The role offers hybrid working with a modern campus, defined contribution pension, health benefits and a strong learning culture to support your professional development within Ireland’s leading financial services

Qualifications

• Pursuing or holding a degree with strong maths.
• Strong teamwork and communication skills.
• Ability to manage competing priorities and meet deadlines.
• Excellent MS Office and SQL knowledge.

Responsibilities

• Provide insights on business performance and reserves.
• Develop and price new insurance products.
• Implement and report on complex reinsurance strategies.
• Perform data analysis to identify trends and aid decisions.
• Provide actuarial and technical support for queries.
• Develop modelling solutions for reporting and pricing.

Skills

Teamwork

Communication

Prioritisation

Analytical thinking

Customer focus

SQL knowledge

MS Office

Education

2.1 degree or equivalent

Actuarial/finance/mathematics background

Tools

SQL

Excel

VBA

Job description

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Company: Irish Life Group Services Limited

• Full Time, Permanent position
• Hybrid role based in our City Centre offices

What we offer

We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.

At Irish Life, our purpose is to help people build better futures. Our company values shape everything we do and underpin our vision of being the driving force behind Ireland’s financial, physical, and mental well-being.

We believe in doing the right thing—acting with integrity and making fair, responsible decisions. We aim high, setting ambitious goals and find better ways to innovate and improve. Our customers are at the heart of everything we do and we are dedicated to understanding their needs and exceeding their expectations. Achieving this this is only possible when we work best together—in a supportive, collaborative environment where every idea and contribution is valued.

Role Overview

Due to continued growth and success, we are recruiting talented individuals for the role of Trainee Actuary.This is an exciting opportunity with a lot of potential for career development in a fast-moving environment.

We are keen to speak with students from an actuarial, finance, mathematical or other relevant degree background. Successful applicants can hope to commence work between June and September 2027.

• The Irish Life Trainee Actuary programme offers a range of supports to guide students in their careers.
• The Rotations Policy rotates trainees between actuarial teams every 2-3 years, allowing them to develop valuable experience across a range of areas in the business.
• Irish Life offers a comprehensive Trainee Actuary Study Scheme programme, which includes:

• Paid study leave ahead of exams
• Payment of exam fees
• Payment of membership of the Institute & Faculty of Actuaries and Society of Actuaries in Ireland
• Study materials including notes, exam solutions, and marking for coursework
• Study tutorials
• Career mentoring within a company with the largest actuarial community in Ireland

• Irish Life supports an active work-life balance, and includes subsidised gym membership, Sports & Social clubs, a multitude of Staff Charity events and volunteering opportunities in the community. Our state-of-the-art, city centre campus redevelopment was completed in 2026 and includes a brand-new gym and swimming pool complex.
• Irish Life offers a comprehensive remuneration package as well as a range of other benefits, including health insurance allowance, a generous pension scheme and a range of other protection benefits.
• We have a ‘flexi-leave’ policy which allows for both flexible working hours and additional flexi-leave in addition to the standard annual leave. Through our Work Abroad Policy, employees also have the opportunity to work remotely from approved overseas locations for part of the year, providing additional flexibility and the chance to experience life beyond Ireland while continuing to build their career.
• The Irish Life campus is located in the heart of Dublin city, with easy access to public transport, shopping and restaurants. Irish Life champions a hybrid, flexible way of working whereby a blend of remote work and on-site work is in place for staff, to suit the requirements of both the business and staff members.

The Roles

The roles available include a wide range of responsibilities within our actuarial teams, including:

• Providing insights on the business performance and the setting of regulatory reserves and capital
• Developing and pricing new and innovative insurance products that meet emerging customer needs whilst generating adequate shareholder return within controlled risk thresholds
• Implementing and reporting on complex reinsurance strategies designed to reduce risk
• Performing data analysis to identify trends and anomalies and assisting in management’s decision making
• Providing actuarial and technical support for queries from clients, sales channels and other teams
• Developing and improving modelling solutions to assist in financial reporting, obtaining business insights and new business pricing processes

The Person

The ideal candidate will possess the following skills and knowledge:

• The ability to work well within a team and across teams.
• Strong commercial awareness, technical aptitude and problem-solving skills.
• A strong customer service focus, with the ability to manage competing priorities and meet deadlines.
• Excellent communication and interpersonal skills.
• Strong digital skills and a willingness to continue learning and developing new skills, Knowledge of MS Office, and SQL or other emerging coding software would be an advantage.
• On track to achieve, or have achieved, a 2.1 degree classification (or equivalent).

About us

Irish Life is one of Ireland’s largest financial institutions with a presence across a range of financial services markets. We are one of Ireland’s leading financial services groups with over 1.5 million customers. For over 80 years, we’ve been helping people to look after their life insurance, pension and investment needs, and more recently their health insurance.
It is a subsidiary of Great-West Lifeco and a member of the Power Financial Corporation group of companies.
We are proud of our culture of developing and supporting the growth and professional development of our people. The focus has resulted in a team of top talent with high standards, positioning us at the forefront of our industry.

The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Irish Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Irish Life by Recruitment Agencies will not be accepted for this role.

Irish Life is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported.

We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.

If you require any accommodations during the recruitment process please contact [e-mail] and we will be delighted to ensure you are fully supported to be your best.

ILFS supports Equal Opportunity and is regulated by the Central Bank of Ireland.