Full time graduate opportunities within Actuarial with PwC –Autumn 2014
Your career is just that; yours. You choose it. You live it. You make it happen. To get the best from it, you need the best opportunities. That’s why opportunities are at the heart of a career with us. And we’re proud, based on the opportunity we offer, that students have voted us the number one Graduate Employer in The Times Top 100 Graduate Employers survey for the last ten years.
Our offer to you…
Be part of the world’s leading professional services network and enjoy the benefits that come with that. You’ll work directly with big name clients where you’ll get to grips with the value they’re looking for by getting into the detail. We’ll provide an environment where you’ll be able to explore new opportunities, to help you grow and find your niche. And we’ll give you access to the best learning and development around.
Actuaries work with uncertainty. Join us and you’ll help clients analyse how future events – anything from a corporate takeover to a major natural disaster – could affect them. You might be calculating the impact of changing demographics or legislation on pension schemes; the effects that changes in financial markets have on different organisations; or how likely a business is to be hit by an earthquake. You’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you’ll develop a flair for presenting your findings in simple, easy to understand language. What’s more, early client exposure will broaden your experience.
What you’d do
You can choose from one of two business areas – both among the leading actuarial practices in the UK.
In Human Resource Consulting you’ll work in either our pensions team or our reward team. In pensions, you’ll work with a wide variety of companies, advising them on how to best achieve their objectives in relation to their pension or benefit schemes. You’ll consult on a spectrum of issues including the redesign of pension benefits, de-risking legacy pension schemes, negotiating with trustees on how to fund schemes, potential mergers or acquisitions and the impact of legislative changes. In reward, you’ll help companies incentivise their most senior employees. As part of a multi-disciplinary team, you’ll use broad consulting skills underpinned by financial modelling techniques to develop reward structures that support business strategy and are acceptable to shareholders and employees alike.
In Actuarial & Insurance Management Solutions you’ll work with clients from the insurance industry (both life and general insurance), but also from outside the insurance industry where you’ll work with clients from the banking sector (retail and investment), the healthcare sector, the public sector, as well as clients from non-financial services corporate companies like energy and utility providers. Your advice could cover solvency, reserving, economic capital, risk management, mergers & acquisitions, company restructuring and de-risking, financial modelling, underwriting, new legislation, the viability of new products and the efficiency of claims or reporting processes.
Your training and development:
Our people make us stand out as a business. So we choose the best and invest heavily in them. You’ll benefit from the encouragement, opportunity and support which includes:
- Our graduate training programme helps you gain breadth as well as depth of knowledge and build a portfolio of valuable, transferable skills.
- Movement throughout the organisation – you’ll work in different teams and offices, experiencing different clients and projects.
- Support to gain a professional qualification – study towards becoming an Actuary with the Fellow of the Institute and Faculty of Actuaries. You’ll start working towards this during your structured induction training and it’s a hefty commitment, calling for a great deal of self-discipline and motivation. But we’ll provide you with study leave (about one day a week) and full financial support, internal tutorials, on-the-job coaching, formal learning courses and practical experience and a pay rise each time you pass an exam.
What you need to bring us
- A 2:1 or above in any degree subject
- A UCAS tariff of at least 320 (or equivalent) including a B in maths at A-level
Equally important will be your intellect, willingness to learn, ability to build relationships, put yourself in others’ shoes, while always making a positive impact with our clients and each other.
How to apply
We know that the skills and experiences you develop with us will stay with you throughout your career. So join us, and we’ll help you reach your full potential.
Take the opportunity of a lifetime.