Industrial Placement Student in Cheshire, Warrington

Launch your career in Actuarial Consulting while working on real pension and financial risk projects from day one. This industrial placement offers structured training, professional development and hands-on client exposure within a leading UK advisory environment.

You will support organisations in managing defined benefit pension schemes and long-term financial risks, combining analytical skills with commercial awareness across a changing regulatory landscape.

There are various office locations for your Actuarial Consulting Industrial Placement:

Glasgow, Birmingham, Manchester, Leeds, Epsom and St Albans.

Key Criteria

Essential:

• On track for a 2:1 degree (or higher) in Mathematics, Actuarial Science or a highly numerical discipline
• A grade in A-level Maths (or equivalent e.g. Scottish Higher or international equivalent)
• Strong analytical and numerical problem-solving ability
• Confident communicator able to explain complex information clearly
• Right to work in the UK for the duration of the programme
• Willing to work predominantly on-site during the initial months for training and development

Desirable:

• Experience or interest in Python, SQL, VBA or cloud analytical tools
• Demonstrated initiative, teamwork and organisational skills
• Understanding of pensions, finance, insurance or risk desirable but not essential

What You Will Be Doing

You will work as part of client teams supporting actuarial advisers. Tasks may include:

• Assessing the financial position and funding levels of pension schemes
• Calculating risk and liabilities relating to member benefits
• Supporting company financial reporting for pension obligations
• Identifying and modelling risks such as inflation, investment and longevity
• Preparing data and reports for clients, trustees and regulators
• Attending meetings and developing client relationships

Opportunities to gain experience within specialist areas may include:

• Risk settlement (transferring risk to insurers or third parties)
• Member options (designing benefit restructuring solutions)
• Demographic analysis and modelling future longevity trends

Development and Progression

• Structured learning and professional skills workshops
• Technical on-the-job training and guidance from senior colleagues
• Regular feedback and clear progression milestones
• Strong potential to secure a role on the Graduate Actuarial Programme after placement based on performance

What You’ll Receive

• Competitive placement salary
• Funding and support for technical skills development
• Mentoring and early-career coaching
• Hybrid work approach after initial training
• Wellbeing support and inclusive workplace culture
• Opportunity to contribute to a sector impacting millions of people in the UK