Actuarial UK Graduate Programme

**Applications now open**

Job Title: Actuarial UK Graduate Programme

Apprenticeship:                               L7 Actuary

Duration:                                           2 Years

Qualification Gained:                      IFoA

Contract Type:                                  Permanent, No end date

Location:                                            Birmingham

Start Date:                                         September 2025

Salary:                                                £33,000 + annual bonus (+ increases per exam pass)

Benefits:                                             Reimbursed office travel costs up to £3250 per year, £100 monthly lifestyle allowance, £550 remote office set up allowance, additional holiday buy scheme, flexible alternative bank holiday policy, private healthcare, generous pension and life assurance, big brand discounts, wellbeing provision, D&I networks and volunteering allowance.

Beazley:
Beazley is a specialist insurance company with over 30 years’ experience helping people, communities, and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions, and contingency, covering risks such as the weather, film production or protection from deadly weapons.

Our Culture:
We employ over 2,300 people globally, hosting a wonderful diversity of cultures, experiences, and backgrounds. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought & personal accountability.

Our three core values inspire the way we work and how we treat our people & customers – 1) Be bold 2) Strive for better 3) Do the right thing. Upholding these values every day has enabled us to become an innovative and responsive organisation in touch with the changing world around us – our ambitious I&D & Sustainability targets are testament to this.

Early Careers at Beazley:
From spaceships to subsea ships and from major sporting events to celebrity concerts, specialist insurance is an exciting place to be. Beazley is the largest Lloyd’s syndicate, and the market leader in products such as Cyber – you can read our full story back on the main Early Careers Academy Page.

There’s no better place to launch your career! All programmes have been designed by respected senior leaders who sponsor the programmes and you – setting you up for continued success. All programmes have personal and professional development built in, and a fantastic support network set-up to help you thrive.

We’ll welcome you to the family and to show our commitment to you, you’ll start as a full-time Beazley employee from day 1. This entitles to you all our renowned benefits, from free lunch and reimbursed office travel to flexible religious holidays and private medical cover.

Our non-hierarchical structure and friendly culture make Beazley a fantastic launchpad for your career – we can’t wait to welcome you!

Job Summary:

Training the Actuaries of the future, teaching that no problem is out of reach.

The Actuarial function at Beazley comprises a range of diverse teams whose goal is to fundamentally help manage risk and provide insights to the business through complex modelling and statistical analysis.

Our Actuarial function is made up of Reserving, Capital, Analytics, Pricing, IFRS 17 & Reporting and BIDAC teams which are overseen by the Chief Actuary. We team members in the UK, Republic of Ireland and across the US.

Our actuaries are experts in their areas, undergoing years of professional qualifications as well as having significant industry experience and keeping up to date with industry developments to ensure we stay at the cutting edge of our profession.

Join the Beazley actuarial grad programme and work across one of our various teams to drive real business value through modelling and insights. We offer our graduates a multi-year immersive training experience as well as help you to progress on a clear path to qualification.

Professional Development Information
Alongside the Beazley UK Early Careers Academy Development offering, you will also work on development and progression pathways specific to your chosen programme.

Upon completion of the 2-year programme, pending review, successful Actuaries will be promoted to Assistant Actuary, where you will continue to progress with your professional qualification.

Entry Criteria
• A-Level Maths Grade A or above
• 1st or 2:1 in any numerical degree
UK Application Process
Our application process is designed with you in mind, we aim to make the process as interactive and as two-way as possible- we want you to get to know us as much as we get to know you!

All stages are designed to assess your future potential – not any experience you may or may not have. Behind the scenes we also undertake adverse impact testing at each stage to ensure that our processes are fair and equitable. If you have any adjustment requests, you can let us know at any time. Best of luck!

“Don’t meet all the requirements? At Beazley we’re committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement in the JD, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.”