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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 generous study package, hands-on experience, and future rotations across various actuarial teams.
- Why this job: Be part of a diverse culture that values fresh perspectives and offers growth opportunities.
- Qualifications: A-level Maths A grade and a predicted or obtained 2:1 in a STEM degree are required.
- Other info: Applications close on 22nd June 2025; early applications are encouraged.
The predicted salary is between 28800 - 43200 £ 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.
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.
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.
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: Tuesday 15th July 2025
Actuarial Graduate Programme employer: JR United Kingdom
Contact Detail:
JR United Kingdom 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. Practising these types of questions can help you feel more confident during the assessment centre.
✨Tip Number 4
Showcase your teamwork and collaboration skills in your interactions with the recruitment team. Highlight any group projects or experiences where you successfully worked as part of a team, as this is a key quality they are looking for.
We think you need these skills to ace Actuarial Graduate Programme
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Actuarial Graduate Programme. Understand the key responsibilities and the skills required, such as strong numeracy and excellent written communication.
Tailor Your CV: Customise your CV to highlight relevant experiences and skills that align with the requirements of the Savings & Retirement Actuarial Team. Emphasise your academic achievements, particularly in Maths and any STEM subjects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for actuarial science and your interest in Pacific Life Re. Mention specific projects or experiences that demonstrate your analytical skills and collaborative mindset.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your writing is clear and concise. This reflects your attention to detail, which is crucial in actuarial roles.
How to prepare for a job interview at JR United Kingdom
✨Brush Up on Your Maths Skills
Given the emphasis on strong numeracy skills for the Actuarial Graduate Programme, make sure to review key mathematical concepts and statistical methods. Be prepared to demonstrate your analytical abilities during the interview.
✨Showcase Teamwork Experience
Pacific Life Re values a collaborative mindset. Think of examples from your academic or extracurricular activities where you worked effectively in a team. Highlight your role and how you contributed to achieving a common goal.
✨Prepare for Technical Questions
Expect technical questions related to actuarial principles and data analysis. Familiarise yourself with common actuarial practices and be ready to discuss how you would approach pricing-related activities in a global market context.
✨Communicate Clearly and Confidently
Excellent written and verbal communication skills are crucial. Practice articulating your thoughts clearly and concisely. Consider conducting mock interviews to enhance your confidence and ensure you can express your ideas effectively.
