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- Tasks: Join our Savings & Retirement team as an Actuarial Analyst, working on pricing activities.
- Company: Pacific Life Re is a global reinsurance leader with over 150 years of expertise.
- Benefits: Enjoy a £37,000 salary, generous study support, and opportunities for team rotations.
- Why this job: Gain hands-on experience in a diverse, inclusive culture that values fresh perspectives.
- Qualifications: A-level Maths A grade and a predicted or obtained 2:1 in a STEM degree required.
- Other info: Applications close on 22nd June 2025; early applications encouraged.
The predicted salary is between 37000 - 37000 £ per year.
Pacific Life Re Actuarial Graduate Programme - London
Start Date – August or September 2025 (flexible)
£37,000 plus excellent benefits
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. A September start date is also acceptable.
About Us:
Pacific Life Re is a global reinsurance company with a strong presence in Europe, Asia, Australia, and North America. 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.
What We’re Looking For:
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.
- A collaborative and team-oriented mindset.
- Excellent written communication skills in English.
- Strong interpersonal skills.
Minimum Requirements:
To be eligible for our programme, candidates must meet the following minimum requirements:
- An A grade in A-level Maths or a related Maths subject.
- A predicted or obtained 2:1 grade in a STEM undergraduate degree.
What We Offer:
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; where everyone’s views and ideas are valued and where everyone has the same opportunity to fulfil their potential. 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.
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: Tuesday 15th July 2025
If you have any further questions please email.
Actuarial Graduate Programme employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Graduate Programme
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial science and the insurance industry. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with current employees or alumni from the Pacific Life Re Graduate Programme. They can provide valuable insights into the company culture and the skills that are particularly valued in candidates.
✨Tip Number 3
Prepare for technical questions related to data analysis and problem-solving. Brush up on your numeracy skills and be ready to showcase your analytical thinking during the interview process.
✨Tip Number 4
Demonstrate your collaborative mindset by engaging in group projects or activities. Highlight these experiences in conversations, as teamwork is a key quality they are looking for in candidates.
We think you need these skills to ace Actuarial Graduate Programme
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Actuarial Graduate Programme. Familiarise yourself with the skills needed, such as strong numeracy and analytical abilities.
Tailor Your CV: Craft your CV to highlight relevant experiences and skills that align with the job description. Emphasise your academic achievements, particularly in Maths or related subjects, and any teamwork or communication skills you've developed.
Write a Compelling Cover Letter: Your cover letter should reflect your enthusiasm for the role and the company. Discuss why you're interested in Pacific Life Re and how your background makes you a suitable candidate for the Savings & Retirement team.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as excellent written communication skills are essential for this role.
How to prepare for a job interview at Pacific Life Re
✨Brush Up on Your Numeracy Skills
Since the role requires strong numeracy skills, make sure to review key mathematical concepts and actuarial principles. Be prepared to discuss how you've applied these skills in your studies or previous experiences.
✨Showcase Your Team Spirit
Pacific Life Re values collaboration, so be ready to share examples of how you've worked effectively in teams. Highlight any group projects or experiences where you contributed to a common goal.
✨Communicate Clearly and Confidently
Excellent written and verbal communication skills are essential. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics. Consider preparing a few key points about your background and motivations.
✨Demonstrate Your Passion for Actuarial Science
Express your enthusiasm for the actuarial field and the specific work done at Pacific Life Re. Research their products and services, and be ready to discuss how you can contribute to their innovative approach in the Savings & Retirement team.
