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- Tasks: Join our Savings & Retirement Actuarial Team, focusing on pricing activities across global markets.
- Company: Pacific Life Re has over 150 years of expertise in innovative insurance products and services.
- Benefits: Enjoy a generous study package, financial support for qualifications, and opportunities for team rotations.
- Why this job: Gain hands-on experience, challenge conventional thinking, and develop into a well-rounded Actuary.
- Qualifications: Strong numeracy skills, excellent English communication, and a predicted or obtained 2:1 in a STEM degree.
- Other info: Diversity and inclusion are core to our culture; early applications are encouraged.
The predicted salary is between 28800 - 48000 £ per year.
Pacific Life Re Actuarial Graduate Programme - London
Start Date – August or September 2025 (flexible)
We are looking for 2 additional graduates to join our Savings & Retirement Actuarial Team to work in pricing related activities across our global markets. You will ideally join us in August ahead of our September graduate cohort, at which point you will all follow the graduate rotational programme together.
With a focus on innovative products and services in areas such as Life, Critical Illness, Income Protection, and Longevity, we have a legacy of over 150 years of expertise. Backed by our parent company, Pacific Life, we have a commitment to intelligent risk-taking, a selective approach to talent acquisition, and investments in cutting-edge analytical technologies.
We’re looking for talented, technical-minded, ambitious, and hard-working graduates to join the Savings & Retirement team in our London office as an Actuarial Analyst. At Pacific Life Re, we encourage a fresh perspective and value those who are willing to challenge conventional thinking.
To succeed in our Graduate Programme, you should possess the following qualities:
- Strong numeracy skills and the ability to analyse and interpret data.
- Excellent written communication skills in English.
- A predicted or obtained 2:1 grade in a STEM undergraduate degree.
Should you be successful in your application, you will begin working within our S&R pricing team, gaining hands-on experience from a range of actuarial projects. We provide a generous study package of study days and financial support to help you qualify as an Actuary. You will also join our graduate scheme which will enable future rotations into other teams. All of this will develop you into a well-rounded Actuary, with a broad understanding of our business and the services that we provide to our clients.
We have designed a rotations programme to give our graduates broad actuarial knowledge and future rotations will give you the opportunity to spend time in a variety of different Actuarial teams including Pricing, Valuation, Modelling and R&D. You'll be given stimulating, hands-on roles and have the opportunity to apply the skills you develop across a broad range of projects.
Supporting Our Team Members
Pacific Life Re’s vision is to have a culture that embraces Diversity and Inclusion; We strongly believe it’s not just about adding diversity and educating our employees to draw on our differences to change our business, it’s about how well we are listening to – and learning from – the diversity that we already have within the business. We foster open conversations and we are actively training our employees, helping us to unite, learn and grow.
To make an application and for more information about our culture and to learn what a typical day entails please visit Graduate information | Pacific Life Re.
Application Deadline: Sunday 22nd June 2025 but early applications are encouraged and we reserve the right to close early.
Telephone Interviews: Monday 30th June – Friday 4th July (with some flexibility)
Assessment Centre in our London office: If you have any further questions please email PLRe@acrobat-talent.
Graduate Actuarial Analysts employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Actuarial Analysts
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial science and the specific areas of focus for Pacific Life Re, such as Life, Critical Illness, and Longevity. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in their work.
✨Tip Number 2
Network with current or former employees of Pacific Life Re through platforms like LinkedIn. Engaging with them can provide you with insider insights about the company culture and the Graduate Programme, which can be invaluable during your application process.
✨Tip Number 3
Prepare for potential technical assessments by brushing up on your numeracy skills and data analysis techniques. Practising relevant problems can boost your confidence and showcase your analytical abilities during the selection process.
✨Tip Number 4
Demonstrate your commitment to continuous learning by researching the actuarial qualifications and study packages offered by Pacific Life Re. Showing that you are proactive about your professional development can set you apart from other candidates.
We think you need these skills to ace Graduate Actuarial Analysts
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of a Graduate Actuarial Analyst at Pacific Life Re. Familiarise yourself with their Savings & Retirement Actuarial Team and the types of projects you might work on.
Tailor Your CV: Craft your CV to highlight relevant skills and experiences that align with the job description. Emphasise your strong numeracy skills, analytical abilities, and any experience in STEM subjects. Make sure to include your predicted or obtained 2:1 grade.
Write a Compelling Cover Letter: Your cover letter should reflect your enthusiasm for the role and the company. Discuss why you are interested in actuarial work, how your background fits the position, and your willingness to embrace innovative thinking as mentioned in the job description.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your written communication is clear and professional, as excellent written communication skills are a key requirement.
How to prepare for a job interview at Pacific Life Re
✨Brush Up on Your Numeracy Skills
As a Graduate Actuarial Analyst, strong numeracy skills are crucial. Be prepared to demonstrate your ability to analyse and interpret data during the interview. Practise solving numerical problems and be ready to discuss any relevant coursework or projects.
✨Showcase Your Communication Skills
Excellent written communication is key in this role. Prepare to articulate your thoughts clearly and concisely. You might be asked to explain complex concepts, so practice explaining actuarial topics in simple terms to ensure you can communicate effectively.
✨Familiarise Yourself with the Company
Research Pacific Life Re and their Savings & Retirement Actuarial Team. Understand their products, services, and company culture. This will not only help you answer questions but also show your genuine interest in the role and the company.
✨Prepare for Behavioural Questions
Expect questions that assess your problem-solving abilities and how you handle challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses. Think of examples from your academic or work experience that highlight your skills and adaptability.
