At a Glance
- Tasks: Join our actuarial team and work on exciting projects in pricing, risk management, and more.
- Company: Canada Life, a leading life insurance and financial services company in Canada.
- Benefits: Competitive salary, pension plan, paid exam fees, and wellness support.
- Other info: Enjoy a hybrid work environment with fun team-building activities and strong community support.
- Why this job: Kickstart your actuarial career with hands-on experience and professional development opportunities.
- Qualifications: Post-secondary degree and commitment to the actuarial field required.
The predicted salary is between 49020 - 88350 € per year.
Temporary Full Time - Canada Life, one of Canada’s leading life insurance and financial services companies, is seeking individuals for our Actuarial Intern program. This program is aimed at applicants with a completed post-secondary degree who are looking to enter the actuarial field. Applicants must have demonstrated a recent commitment to obtaining a professional actuarial designation, though prior actuarial work experience is not a requirement.
Positions are available for both 8 and 12-month temporary full-time roles, beginning Aug 31, 2026. If permanent full-time positions become available during the contractual term, you may be eligible to transition to those positions without needing to complete the contract.
This is a hybrid role located at our London head office - the successful applicant will be required to work in person in London 3 days per week.
As an Actuarial Intern you are a key member of a highly respected, professional, actuarial team and will have an opportunity to perform entry-level actuarial work in one of the following possible areas:
- Pricing & Product Development
- Valuation
- Enterprise Risk Management
- Reinsurance
- Risk Research
- Corporate Actuarial
- Internal Audit
We offer a friendly, supportive work environment, one that rewards initiative and commitment. Successful candidates receive a competitive salary, pension plan, paid society exam fees and materials, paid study days to write exams, and access to an on-site actuarial library. Canada Life employees also enjoy outdoor recreational facilities, an on-site fitness centre, an on-site cafeteria and an active social committee.
Our Actuarial Interns participate in a variety of team building activities and professional development activities that help to strengthen skills and contribute to building strong relationships among our Actuarial staff. Past activities have included exam results parties, trivia nights, rock climbing, snow tubing, and a scavenger hunt.
Qualifications
- Completion of a post-secondary degree prior to the start date. Degrees in a related field (Actuarial Science, Mathematics, Finance, Statistics) are an asset.
- Demonstrated commitment to the actuarial field through successful completion of professional actuarial exams, an actuarial education, or similar.
- Innovative problem-solver.
- Excellent communication, interpersonal and leadership skills.
- Well organized, delivering accurate work with an attention to detail, in a timely manner.
- Team player who is also comfortable working independently.
- Excel, Word, VBA, MS Access and Moody’s AXIS experience is an asset.
- Knowledge or interest in market risk, investments, and life insurance/reinsurance.
The base salary for this position is between $49,020 - $88,350 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
Grow with Canada Life
We’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.
We’re looking for people who live our values every day: we step up, we do the right thing, and we deliver – for our customers, communities and each other. Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!
What we offer:
- Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
- Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
- Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
- Financial Security: Company-matching pension plan, share ownership program and additional investment options.
- Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
- Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
Learn more about Canada Life. We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
Actuarial Post-Graduation Intern in London employer: Canada Life
Canada Life is an exceptional employer that fosters a supportive and inclusive work environment, perfect for aspiring actuaries. With a strong emphasis on employee growth, we offer competitive salaries, comprehensive benefits, and unique opportunities for professional development, including paid study days and access to an on-site actuarial library. Located in London, our hybrid role allows for a balanced work-life experience while engaging in team-building activities that strengthen relationships and enhance skills.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Post-Graduation Intern in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, attend industry events, and join relevant online groups. You never know who might have the inside scoop on job openings or can refer you directly to hiring managers.
✨Tip Number 2
Prepare for interviews by researching Canada Life and understanding their values. Be ready to discuss how your skills align with their mission to improve the well-being of Canadians. Show them you're not just another candidate, but someone who truly fits their culture.
✨Tip Number 3
Practice your problem-solving skills! Since the role involves innovative thinking, brush up on your analytical abilities. Consider mock interviews or case studies to demonstrate your thought process and how you tackle challenges.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Canada Life. Get your application in early and keep an eye on those rolling deadlines!
We think you need these skills to ace Actuarial Post-Graduation Intern in London
Some tips for your application 🫡
Show Your Passion for Actuarial Science:Make sure to highlight your commitment to the actuarial field in your application. Whether it's through completed exams or relevant coursework, we want to see that you're genuinely interested in this career path.
Tailor Your CV and Cover Letter:Don’t just send a generic CV! We recommend customising your CV and cover letter to reflect the skills and experiences that align with the Actuarial Intern role. This shows us you’ve done your homework and are serious about joining our team.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-organised information that’s easy to read. Avoid jargon unless it’s relevant to the role, and make sure to proofread for any typos!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Canada Life
✨Know Your Actuarial Stuff
Make sure you brush up on your actuarial knowledge and any relevant concepts. Familiarise yourself with the areas mentioned in the job description, like Pricing & Product Development or Valuation. This will show that you're genuinely interested and ready to dive into the role.
✨Show Your Commitment
Since they’re looking for candidates who have demonstrated a commitment to the actuarial field, be prepared to discuss your journey towards obtaining a professional designation. Share any exams you've taken or study materials you've used to highlight your dedication.
✨Be a Team Player
Canada Life values teamwork, so think of examples from your past experiences where you’ve worked well in a team. Whether it’s a group project at university or a club activity, showing that you can collaborate effectively will make you stand out.
✨Ask Smart Questions
Prepare some thoughtful questions about the internship programme and the company culture. Inquire about the team-building activities or professional development opportunities they offer. This not only shows your interest but also helps you gauge if the company is the right fit for you.