Actuarial Intern

Job closing date: 12th May

Location: London

Dates of Internship: 14th July – 5th September

Job Purpose

This is a developmental intern role (8 weeks’ duration) suitable for a mathematics / actuary University student.

The individual will be performing a combination of daily tasks in support of the team as well as assisting with short-term project work. Tasks may include responding to queries from outside of the department and reviewing management information produced in the team.

No previous work experience is required; however, the individual will need to have the mathematical knowledge and initiative to perform the tasks themselves with coaching.

As part of the internship, this role will be supported by development workshops in both technical and character skills, offering a great opportunity to learn and develop throughout the experience.

Key Accountabilities

• Supporting the Actuaries by actively contributing to the development of assigned initiatives including suggesting ideas and ways to move forward.
• Assisting in the continuous review and improvement of the department’s processes and procedures to ensure the provision of timely, accurate, and efficient levels of service.
• Assisting in the production of Actuarial reports and management information to enable management to make informed financial decisions and comply with regulatory requirements and management of risk. This will be done via collating data using Excel spreadsheets and/or Business Intelligence tools.
• Assisting the team in business-as-usual tasks such as managing queries received into the team and ensuring responses are made in an agreed timeframe.

Desired Knowledge / Experience / Skills

• High numeracy, preferred
• Entering/completing final year of Undergraduate degree in Mathematics, Statistics, or a related field
• Good problem-solving skills
• Good MS Office skills e.g. Excel, Word, and PowerPoint

Benefits of working at Canada Life

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance, and life assurance.

We have a fantastic number of other benefits and support services as well as regular personal and professional development.

How we work at Canada Life

Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers, and community and helping others to build better futures.

Our blueprint behaviours shape and influence how we work and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together, and find a way forward.

We want colleagues to have rewarding careers with us, so we invest in the development of our people, technology, and workplaces. That’s why we offer a range of training, flexible working, and opportunities to grow and develop.

Diversity and inclusion

Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity, or any other characteristic is a key commitment for us.

We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part-time, for any of our roles should this be a requirement for you.