Actuarial Graduate Programme

KPMG in the UK is part of a global organisation of independent firms that offers Audit, Consulting, Deal Advisory, Tax & Law and Technology services. Through the talent of over 16,000 people, we turn insights into opportunities, making a positive difference for businesses, people, and communities.

What is Consulting?

Our Consulting teams immerse themselves in our clients’ businesses, applying sector knowledge and technological solutions to help companies grow and thrive. As a graduate here, you will have limitless opportunities to work on interesting projects and really make your mark. We offer programmes across a range of areas, such as Customer, Risk & Regulatory, People, Financial and Operational Transformation through to Actuarial.

KPMG Actuarial Graduate Programme

As expert advisors, our Actuarial team helps organisations within the insurance industry to manage financial risk. It’s work that makes a meaningful and positive difference for our clients. Joining this programme, you’ll use detailed analysis of past events to create accurate models of the future, advising on their financial implications.

You have two areas you can consider: Life Actuarial Services and General Insurance.

In Life Actuarial Services, you’ll learn how to provide advice to the Life Insurance industry, which in turn provides investment-related products (such as workplace pensions) or protection products (such as critical illness cover). You’ll advise on various practical business issues, including strategic planning, transactions and risk optimisation, and work with UK and overseas clients such as life insurance companies, reinsurance companies, venture capital firms, industry regulators, investment banks and retail banks.

General Insurance covers the spectrum of business and personal risks, with types of insurance ranging from standard car and house to more exotic insurances covering satellites, oil rigs or hurricane damage. As part of the team, you might be working on start-ups and close downs of insurance businesses, transactions, risk modelling, capital management liability valuation and catastrophe modelling. On either option, you’ll work with some of the biggest companies in the UK and global insurance market.

This programme is highly technical and suited to graduates who are numerate, ambitious and able to communicate complex ideas. We look for graduates who are studying an honours degree or postgraduate degree in a numerical or analytical subject (for example Mathematics, Engineering, Physics, Statistics or Data Science). You will need to be motivated to qualify as an Actuary and have a great interest not just in producing detailed analyses but also understanding and communicating the commercial implications of complex topics.

You’ll have the opportunity to do work that really matters and build a varied career.

Training and Benefits

With the KPMG community by your side, you’ll have the support to grow in your own way, gaining learning for a lifetime. You’ll have access to funded, relevant professional qualifications or accreditations and an extensive programme of internal training geared towards your career and personal development. On the Actuarial graduate programme specifically, this means you’ll study towards the Institute and Faculty of Actuaries (IFoA) fellowship qualification within three to five years, which is the highest level of qualification attainable with the institute.

We offer a competitive salary and a host of great benefits too, including 25 days’ holiday, study leave and a day off on your birthday. What’s more, you can take up to six days of time off to take part in volunteering initiatives.

Our firm’s hybrid working model balances the adaptability of working from home with the importance of collaborating and learning in offices or at client sites. We trust our people to be where our clients need them to be, with our client-facing colleagues working together in person as often as needed. You’ll be empowered by the technology that supports us to work adaptably and our collaborative office spaces, building friendships and shared experiences, innovating, and learning together.

Seeing the whole picture

KPMG is a place where you can be yourself and give your best – whoever you are and whatever your degree background. We look at more than just your academic results and will also consider your strengths, values and motivations. See the specific programme page on our Careers Portal for entry requirements and our ‘How to Apply’ section for detailed application guidance.

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