At a Glance
- Tasks: Join our Actuarial team to analyze data and advise on financial risks in insurance.
- Company: KPMG is a global leader in Audit, Consulting, and Technology services with over 16,000 talented professionals.
- Benefits: Enjoy 25 days of holiday, study leave, and a day off for your birthday, plus hybrid work options.
- Why this job: Make a real impact in the insurance industry while gaining top qualifications and professional growth.
- Qualifications: Ideal candidates are numerate graduates in analytical fields like Mathematics or Data Science, eager to become actuaries.
- Other info: You’ll have access to funded professional qualifications and extensive internal training for your career development.
The predicted salary is between 28800 - 48000 £ per year.
KPMG 2025 Actuarial Graduate Programme – Edinburgh
KPMG in the UK is part of a global organisation of independent firms that offers Audit, Consulting, Deal Advisory, Tax & Law and Technology services. Through the talent of over 16,000 people, we turn insights into opportunities, making a positive difference for businesses, people, and communities.
KPMG Actuarial Graduate Programme
As expert advisors, our Actuarial team helps organisations within the insurance industry to manage financial risk. It’s work that makes a meaningful and positive difference for our clients. Joining this programme, you’ll use detailed analysis of past events to create accurate models of the future, advising on their financial implications.
You have two areas you can consider: Life Actuarial Services and General Insurance.
In Life Actuarial Services, you’ll learn how to provide advice to the Life Insurance industry, which in turn provides investment-related products (such as workplace pensions) or protection products (such as critical illness cover). You’ll advise on various practical business issues, including strategic planning, transactions and risk optimisation, and work with UK and overseas clients such as life insurance companies, reinsurance companies, venture capital firms, industry regulators, investment banks and retail banks.
General Insurance covers the spectrum of business and personal risks, with types of insurance ranging from standard car and house to more exotic insurances covering satellites, oil rigs or hurricane damage. As part of the team, you might be working on start-ups and close-downs of insurance businesses, transactions, risk modelling, capital management liability valuation and catastrophe modelling. On either option, you’ll work with some of the biggest companies in the UK and global insurance market.
This programme is highly technical and suited to graduates who are numerate, ambitious and able to communicate complex ideas. We look for graduates who are studying an honours degree or postgraduate degree in a numerical or analytical subject (for example Mathematics, Engineering, Physics, Statistics or Data Science). You will need to be motivated to qualify as an Actuary and have a strong interest not just in producing detailed analyses, but also understanding and communicating the commercial implications of complex topics.
You’ll have the opportunity to do work that really matters and build a varied career.
Training and Benefits
With the KPMG community by your side, you’ll have the support to grow in your own way, gaining learning for a lifetime. You’ll have access to funded, relevant professional qualifications or accreditations and an extensive programme of internal training geared towards your career and personal development. On the Actuarial graduate programme specifically, this means you’ll study towards the Institute and Faculty of Actuaries (IFoA) fellowship qualification within three to five years, which is the highest level of qualification attainable with the institute.
We offer a competitive salary and a host of great benefits too, including 25 days’ holiday, study leave and a day off on your birthday. What’s more, you can take up to six days of time off to take part in volunteering initiatives.
Our firm’s hybrid working model balances the flexibility of working from home with the importance of collaborating and learning in offices or at client sites. We trust our people to be where our clients need them to be, with our client-facing colleagues working together in person as often as needed. You’ll be empowered by the technology that supports us to work flexibly and our collaborative office spaces, building friendships and shared experiences, innovating, and learning together.
About KPMG
Who we are
KPMG in the UK is part of a global network of member firms that offers Audit, Consulting, Deal Advisory, Tax & Law and Technology services. Through the talent of over 16,000 people, we turn insights into opportunities, making a positive difference for our clients and the communities we serve.
Our largest practice is Audit, which works with many of the world’s largest organisations, helping to build trust in businesses and the economy with a relentless focus on audit quality. In Consulting, Deal Advisory, Tax, KPMG Law and Technology & Engineering, we help companies solve complex challenges, transform businesses, develop confidence in markets and build stronger communities.
Joining KPMG means working for a values-led firm that supports people to be their best and make their mark, empowering people to build the careers they want.
How to apply
To apply for this role and to find out more, please click on the apply button.
Please note that applications may close before the application deadline, so apply early to avoid disappointment.
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KPMG 2025 Actuarial Graduate Programme - Edinburgh employer: Industry Placements
Contact Detail:
Industry Placements Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land KPMG 2025 Actuarial Graduate Programme - Edinburgh
✨Tip Number 1
Familiarize yourself with the insurance industry and current trends. Understanding the challenges and opportunities in both Life Actuarial Services and General Insurance will help you stand out during interviews.
✨Tip Number 2
Network with professionals in the actuarial field. Attend industry events or webinars to connect with KPMG employees or other actuaries, as personal connections can often lead to job opportunities.
✨Tip Number 3
Brush up on your analytical and numerical skills. Since the role is highly technical, being able to demonstrate your proficiency in these areas through practical examples can give you an edge.
✨Tip Number 4
Prepare to discuss how you can communicate complex ideas effectively. KPMG values candidates who can translate detailed analyses into actionable insights, so think of examples where you've done this before.
We think you need these skills to ace KPMG 2025 Actuarial Graduate Programme - Edinburgh
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the KPMG Actuarial Graduate Programme. Understand the key responsibilities and the skills required, especially focusing on numerical and analytical abilities.
Tailor Your CV: Customize your CV to highlight relevant experiences and skills that align with the actuarial field. Emphasize any coursework or projects related to Mathematics, Engineering, Physics, Statistics, or Data Science.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your motivation to qualify as an Actuary. Discuss your interest in financial risk management and how your background prepares you for this role.
Highlight Communication Skills: Since the role requires communicating complex ideas, make sure to provide examples in your application of how you've effectively communicated technical information in the past, whether through presentations, group projects, or other experiences.
How to prepare for a job interview at Industry Placements
✨Understand the Actuarial Role
Make sure you have a solid grasp of what an actuary does, especially in the context of both Life and General Insurance. Be prepared to discuss how your analytical skills can help manage financial risks and provide insights into complex topics.
✨Showcase Your Numerical Skills
Since this role is highly technical, be ready to demonstrate your proficiency in numerical and analytical subjects. Bring examples from your studies or previous experiences that highlight your ability to analyze data and create models.
✨Communicate Complex Ideas Clearly
KPMG values the ability to communicate complex ideas effectively. Practice explaining intricate concepts in simple terms, as you may need to do this during the interview to show your understanding and communication skills.
✨Express Your Motivation to Qualify
Convey your enthusiasm for becoming a qualified actuary and your commitment to the profession. Discuss any steps you've already taken towards this goal, such as relevant coursework or professional development activities.