At a Glance
- Tasks: Join our Actuarial team to analyze data and advise on financial risks for top insurance companies.
- Company: Forvis Mazars is a leading firm helping clients manage financial risk with expert actuarial services.
- Benefits: Enjoy fully funded professional qualifications, mentorship, and flexible learning options.
- Why this job: Kickstart your career with hands-on experience, diverse projects, and a supportive culture.
- Qualifications: Recent graduates with a passion for data analytics and finance are encouraged to apply.
- Other info: You'll have a buddy to guide you through your first year and beyond.
The predicted salary is between 28800 - 43200 £ per year.
Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Graduates joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. Supported by a diverse team of experts, they will have access to various learning opportunities, including formal training and e-learning. Graduates will work with some of the world’s most recognisable companies, including those listed on the London Stock Exchange, as well mutual and proprietary businesses. Our Actuaries work across both life and general insurance industries, addressing diverse client needs. As part of our General Insurance team, you will: – Perform independent calculations to estimate reserves for different classes of insurance; – Perform detailed testing of claims data to challenge management on trends in large and unusual movements; – Review the methodology and assumptions selected by management in their calculation of reserves; As part of our Life Insurance team, you will: – Create independent cashflow models for products such as annuities, whole life, and term assurance, and compare the output with models received from clients. – Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates (both deterministic and stochastic), and matching adjustments used in the cashflow projection models. – Use actuarial techniques to create independent expectations to review assumptions related to annuities, whole life, term assurance, and health products. Other general activities will include: – Provide support in writing technical reports – Assist in creating presentations in non-technical language for non-actuaries – Develop client relationships through meetings, social activities, and gaining an understanding of their business/industry. You’re joining us as a permanent employee, so the 3 years is only the beginning of your exceptional career journey at Forvis Mazars. Learning and development Fully funded professional qualification for this role: Institute and Faculty of Actuaries (IFoA) Additional qualification(s): Level 7 apprenticeship Our supportive culture includes coaching, mentorship, and one-on-one guidance. In addition to funding qualifications, we provide time off to study, and a blended training approach including in person and virtual learning. You will be allocated a buddy before joining who will support you to settle into the team and navigate your first year at Forvis Mazars. You will also receive comprehensive quality training and development to excel in your professional career; this includes development in professional excellence, client excellence, digital excellence, and technical excellence. Our goal is to support you in reaching your full potential and become a standout talent. To understand more read our FAQs.
Advisory & Consulting - Actuarial Graduate Trainee - September 2025 - Glasgow employer: Forvis Mazars
Contact Detail:
Forvis Mazars Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Advisory & Consulting - Actuarial Graduate Trainee - September 2025 - Glasgow
✨Tip Number 1
Familiarize yourself with the key actuarial concepts and terminology. Understanding terms like reserving, cashflow models, and regulatory reporting will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 2
Network with current or former employees of our Actuarial team. Engaging with them on platforms like LinkedIn can provide you with insider knowledge about the role and the company culture, which can be invaluable during your application process.
✨Tip Number 3
Stay updated on industry trends and news related to insurance and actuarial science. Being able to discuss recent developments or challenges in the industry during your interview will demonstrate your passion and commitment to the field.
✨Tip Number 4
Prepare to showcase your analytical skills through practical examples. Think of situations where you've successfully analyzed data or solved complex problems, as these experiences will resonate well with the responsibilities of the role.
We think you need these skills to ace Advisory & Consulting - Actuarial Graduate Trainee - September 2025 - Glasgow
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description and understand the key responsibilities and skills required for the Advisory & Consulting - Actuarial Graduate Trainee position. This will help you tailor your application to highlight relevant experiences.
Highlight Relevant Skills: In your CV and cover letter, emphasize your analytical skills, experience with data, and any coursework or projects related to actuarial science, finance, or consulting. Mention specific tools or software you are familiar with that are relevant to the role.
Showcase Your Learning Mindset: Since the role emphasizes learning and development, express your enthusiasm for professional growth. Mention any previous training, certifications, or self-study initiatives that demonstrate your commitment to continuous learning in the actuarial field.
Craft a Compelling Cover Letter: Write a personalized cover letter that connects your background to the company's mission and values. Discuss why you are interested in working with Forvis Mazars and how you can contribute to their team while also growing your own skills.
How to prepare for a job interview at Forvis Mazars
✨Understand the Actuarial Landscape
Familiarize yourself with the key concepts of actuarial science, especially in relation to reserving and data analytics. Being able to discuss these topics confidently will show your genuine interest in the field.
✨Prepare for Technical Questions
Expect questions that test your understanding of actuarial techniques and methodologies. Brush up on cashflow models, assumptions related to insurance products, and how to analyze claims data.
✨Showcase Your Consulting Skills
Since the role involves client interaction, be ready to demonstrate your communication skills. Practice explaining complex actuarial concepts in simple terms, as you may need to present findings to non-actuaries.
✨Emphasize Your Learning Mindset
Highlight your eagerness to learn and grow within the company. Discuss any relevant coursework or projects that showcase your commitment to professional development, especially in relation to the qualifications offered.