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Junior Trainee Actuary


  • Company: GAD
  • Location: London
  • Salary: £31,997
  • Closing Date: 8 March 2021
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Description

Government Actuary's Department
Junior Trainee Actuary
Starting salary £31,997 per annum, Full time, London

'Have you ever thought about working as an actuary? and in the heart of government? Do you enjoy analysing large datasets and helping other to make decisions that will have long-term implications for the country?
GAD is a fantastic place to start your journey, as well as work on some of the most important and interesting problems facing the Government.

As a graduate trainee, you will play a crucial role in GAD's work by working with other trainees, analysts and actuaries to produce high quality advice and analysis for the Government. This includes giving actuarial advice to various Government departments on:

the workforce costs and risks within the public sector, including the assessment of pension scheme costs
insurance risks and costs affecting Government, including work on liabilities in the NHS
understanding the drivers behind costs and risks using modern data science techniques to add more depth and insight to existing actuarial techniques
bespoke advice on financial and demographic risks facing Government, including social security benefits, and new and existing Government policies.

As you progress through our structured training programme you will have opportunities to rotate through several different teams and to have significant contact with our clients. There are also opportunities to undertake a secondment(s) to work directly alongside our clients and colleagues in Government. We expect our trainees to be able to confidently discuss their analysis with clients and support actuaries in delivering advice.

We fully believe that diverse teams really are the best teams. Given recent events, we also know that 'normal' office hours aren't always doable, and while we can't accommodate every flexible working request we are happy to be asked. All we ask is that you bring your enthusiasm and passion to the job, and we will bring a generous study support package together with a strong organisational culture to help you develop.

You will have a first or a high 2:1 honours degree in a subject with high mathematical content and an A Level in Mathematics (B grade or equivalent). Ideally, you will have experience of using Excel and the ability to write reports and give clear presentations. With an understanding of the actuarial profession, you will be determined to progress through the actuarial exams and qualify to become an actuary. 

Closing date for applications: 8th March 2021 

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