At a Glance
- Tasks: Support actuarial pricing for diverse General Insurance products and collaborate with underwriting teams.
- Company: AmTrust, a global insurance provider with a focus on risk management.
- Benefits: Full actuarial study package, hybrid work, and exposure to various actuarial disciplines.
- Other info: Join a dynamic team in an ambitious and expanding organisation.
- Why this job: Kickstart your career in actuarial science with hands-on experience and professional growth.
- Qualifications: Numerate graduate with strong analytical skills and proficiency in Excel; coding experience is a plus.
The predicted salary is between 30000 - 40000 £ per year.
AmTrust is a global insurance provider offering risk-management solutions and business underwriting. Today AmTrust International underwrites over $1.8 billion of gross written premiums and employs more than 1500 employees globally.
We are seeking a Trainee Actuary to join our London office, working within the Pricing team. In this role, you will support the delivery of actuarial pricing across a diverse portfolio of General Insurance products, collaborating closely with underwriting teams to develop and maintain pricing models, monitor performance and contribute to the pricing of both existing and new products.
This position offers a unique opportunity to gain exposure to a wide range of insurance classes and play a key role in supporting business growth within an ambitious and expanding organisation. You will be involved in analysing pricing assumptions against experience, helping to refine models and supporting the development of rate monitoring and adequacy frameworks.
The role also provides the opportunity to work with colleagues across reserving, capital and reinsurance functions, giving you broad exposure across actuarial disciplines. AmTrust is committed to developing talent, and a full actuarial study package is available.
We are looking for a highly numerate graduate who is passionate about building a career in actuarial science. You will have strong analytical capability, proficiency in Excel and an interest or experience in coding languages such as Python, R, VBA or SQL. Alongside technical ability, strong communication skills and the ability to build relationships across the business will be key to your success in this role.
To apply, submit your CV and we will be in touch.
Trainee Actuary in London employer: AmTrust International
AmTrust is an excellent employer for aspiring actuaries, offering a dynamic work environment in London that fosters professional growth and development. With a commitment to nurturing talent through a comprehensive actuarial study package, employees benefit from collaborative teamwork across various actuarial disciplines, ensuring a rich learning experience. The hybrid work model and diverse portfolio of General Insurance products provide a unique opportunity to engage with innovative pricing strategies while contributing to the company's ambitious growth.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Actuary in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at AmTrust on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you'll be working with pricing models, make sure you're comfortable discussing Excel, Python, or any coding languages you know. Show us your analytical side!
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex ideas clearly, so try explaining actuarial concepts to a friend or family member. The clearer you are, the better you'll connect with the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Trainee Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trainee Actuary role. Highlight your analytical skills, any relevant experience with Excel, and mention any coding languages you know. We want to see how your background fits with what we're looking for!
Show Your Passion:In your cover letter, let us know why you're passionate about actuarial science. Share any experiences or projects that sparked your interest in this field. We love seeing enthusiasm and a genuine desire to grow with us!
Be Clear and Concise:When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to your skills and experiences.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at AmTrust!
How to prepare for a job interview at AmTrust International
✨Know Your Numbers
As a Trainee Actuary, you'll be dealing with a lot of data. Brush up on your numerical skills and be ready to discuss how you've used data analysis in the past. Familiarise yourself with key actuarial concepts and be prepared to explain them clearly.
✨Excel is Your Best Friend
Since proficiency in Excel is crucial for this role, make sure you can demonstrate your skills during the interview. Practice common functions and features, and be ready to talk about how you've used Excel in previous projects or studies.
✨Show Off Your Coding Skills
If you have experience with coding languages like Python, R, VBA, or SQL, don’t hold back! Be prepared to discuss specific projects where you applied these skills. If you haven't had much experience yet, consider doing a small project to showcase your learning.
✨Communication is Key
Actuaries often need to explain complex concepts to non-technical colleagues. Practice articulating your thoughts clearly and concisely. Think of examples where you've successfully communicated technical information in an understandable way.
