Actuarial – Non-Life Insurance Graduate Programme
Work with global insurance companies to meet their strategic goals in actuarial consultancy, whilst developing yourself into a commercially savvy consultant and actuary.
Actuarial – Non-Life Insurance
This is an opportunity to become part of our success story. We have a strong reputation in the market for bringing our clients' bespoke offerings to solve their problems.
We are more than just a conventional actuarial consultancy. As well as delivering for our clients in the traditional actuarial areas, such as reserving, pricing and capital modelling, we operate as part of the wider EY Consulting business. This gives our team the opportunity to work on wider projects including underwriting and finance transformation, implementation of technology, ESG, strategy, risk management, analytics and capital optimisation.
A fast-changing world can create lots of opportunity for non-life insurance businesses, but it also creates new risks. It’s our job to help clients identify and manage these risks by asking the right questions, setting priorities and creating action plans for long-term success.
We’re also proud to have won the award for The Times ‘Graduate Employer of Choice’ in 2021 for our Actuarial work.
Technology in Actuarial Non-Life Insurance
Technology is at the forefront of the way we work. Our proprietary software enhances our ability to deliver insight and we utilise this to assist our clients in modernising their actuarial capabilities. You will be immersed in this technology from day one and will develop the skills to help our clients improve the way they operate in the market.
What will you be doing?
- Analysing data to identify trends and insights, communicating with clients, writing reports and presenting your work
- Working with UK and global insurance and (re)insurance companies on reserve reviews, transactions, portfolio transfers, actuarial modelling and more
- Using the latest technology, modelling and analysis to understand clients' businesses
- Working with clients to transform their business, using the latest technology to allow clients to better leverage their actuarial teams for insightful analysis
Professional qualifications
The Institute and Faculty of Actuaries
Programme length
Two years. However, we'll provide continued support and training to help graduates to qualify as actuaries, which typically takes 3-5 years in total.
Salary
Competitive
How’s it structured?
After completing the EY induction, you'll jump into the deep end and get involved in live client projects. We'll provide you with the support you need to understand how to analyse client data, spot trends and provide clients with insights. Our heavy use of the latest technology means you will focus on adding value to our clients rather than turning handles on processes. You'll build skills in writing up findings into reports and create client presentations that set out our findings and insights.
By your second year, you'll be responsible for supporting our new graduates and reviewing their work. You'll take a bigger role on projects, with a more client facing role. You may also have the opportunity to work on projects in other actuarial areas (life insurance, pensions and sustainable finance) too.
Throughout the programme, you’ll study for actuarial professional exams (supported by a generous allowance) and have many opportunities to join training events and conferences. By the time the graduate programme is over, you’ll have a firm understanding of how to use analysis and modelling techniques in order to understand our clients’ businesses and the issues affecting them. Best of all, you’ll be well on your way to a qualification and gaining the knowledge and experience needed to win business for EY, lead projects and progress to more senior positions.
Rewards and benefits
You want a career that counts. An experience that challenges you. That rewards performance and ultimately defines your future. That's what's on offer at EY. After all, our success is founded on yours.
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