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- Tasks: Support actuaries with data analysis and assist in producing actuarial reports.
- Company: Join Canada Life UK, a leader in retirement and investment solutions.
- Benefits: Enjoy a competitive salary, pension scheme, and comprehensive health benefits.
- Why this job: Gain hands-on experience in a supportive environment while developing your skills.
- Qualifications: Ideal for final-year students in Mathematics or Statistics with strong numeracy skills.
- Other info: Flexible working options available; commitment to diversity and inclusion.
The predicted salary is between 500 - 1500 ÂŁ per month.
Job Advert closing date: 25th March 2026.
Location: London (must be able to attend the office).
Dates of Internship: 13th July - 4th September (it is essential you are available all of these dates).
Level of internship: Suitable for those entering/completing final year of Undergraduate degree in Mathematics, Statistics or a related field.
Please note: On the application form, under Job specific information you are asked to answer questions that will be assessed as part of your application. Please make sure these sections are completed.
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Job Purpose: This is a developmental intern role (8 weeks' duration) suitable for a university student with a mathematics/actuarial based degree. The individual will be performing a combination of daily tasks in support of the team as well as assisting with short-term project work. Tasks may include responding to queries from outside of the department, pulling together and reviewing management information produced in the team. No previous work experience is required; however, the individual will need to have the mathematical knowledge and initiative to perform the tasks themselves with coaching.
As part of the internship, this role will be supported by development workshops in both technical and character skills offering a great opportunity to learn and develop throughout the experience.
Key Accountabilities:
- Supporting the Actuaries by actively contributing to development of assigned initiatives including suggesting ideas and ways to move forward.
- Assist in continuous review and improvement of the department's processes and procedures to ensure the provision of timely, accurate and efficient levels of service.
- Assist in the production of Actuarial reports and management information to enable management to make informed financial decisions and comply with regulatory requirements and management of risk. This will be done via collating data using excel spreadsheets and/or Business Intelligence tools.
- Assist the team in business-as-usual tasks such as managing queries received into the team and ensuring responses are made in an agreed timeframe.
Desired Knowledge / Experience / Skills:
- High numeracy, preferred.
- Entering/completing final year of Undergraduate degree in Mathematics, Statistics or a related field.
- Good problem-solving skills.
- Good MS Office skills e.g. Excel, Word and PowerPoint.
Benefits Of Working At Canada Life:
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
How We Work At Canada Life:
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion:
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.
“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UK.
We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
Actuarial Intern in London employer: Canada Life Assurance Europe plc
Contact Detail:
Canada Life Assurance Europe plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Intern in London
✨Tip Number 1
Network like a pro! Reach out to your university's alumni or professionals in the actuarial field. A simple message on LinkedIn can open doors and give you insights into the industry.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions. We recommend doing mock interviews with friends or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring along examples of your work, like projects or reports you've done during your studies. This will help you stand out and demonstrate your practical knowledge.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining Canada Life UK.
We think you need these skills to ace Actuarial Intern in London
Some tips for your application 🫡
Be Yourself: When filling out your application, let your personality shine through! We want to get to know the real you, so don’t be afraid to show your enthusiasm for the role and what makes you unique.
Tailor Your Answers: Make sure to read the job-specific questions carefully and tailor your answers to reflect how your skills and experiences align with the internship. We’re looking for candidates who can connect their background in Mathematics or Statistics to the tasks we do.
Show Your Problem-Solving Skills: Since this role involves a lot of analytical thinking, highlight any experiences where you've tackled challenges or solved problems. We love seeing how you approach issues and come up with solutions!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way to ensure it gets to us directly, and you’ll find all the details you need to complete your application there.
How to prepare for a job interview at Canada Life Assurance Europe plc
✨Know Your Numbers
As an Actuarial Intern, you'll need to showcase your strong numeracy skills. Brush up on key mathematical concepts and be ready to discuss how you've applied them in your studies. This will demonstrate your capability and confidence in handling the tasks expected of you.
✨Familiarise Yourself with Excel
Since you'll be working with data and producing reports, make sure you're comfortable using Excel. Practice functions like VLOOKUP, pivot tables, and data visualisation techniques. Being able to navigate these tools will set you apart and show that you're ready to hit the ground running.
✨Research Canada Life UK
Take some time to understand Canada Life UK's mission, values, and recent initiatives. Knowing about their focus on customer service and community impact will help you align your answers with their culture during the interview. Plus, it shows genuine interest in the company!
✨Prepare Questions
Interviews are a two-way street, so prepare thoughtful questions to ask your interviewers. Inquire about the team dynamics, the types of projects you might work on, or opportunities for professional development. This not only shows your enthusiasm but also helps you gauge if the role is the right fit for you.