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- Tasks: Support actuaries with data analysis and project initiatives while learning valuable skills.
- Company: Join Canada Life UK, a leader in financial services with a focus on customer care.
- Benefits: Enjoy a competitive salary, pension scheme, private medical insurance, and personal development opportunities.
- Why this job: Gain hands-on experience in a supportive environment while making a real impact.
- Qualifications: Ideal for final-year students in Mathematics, Statistics, or related fields with strong numeracy skills.
- Other info: Flexible working arrangements available to accommodate your needs.
The predicted salary is between 500 - 1500 £ 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 the 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.
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 employer: Irish Life Group Services Limited
Contact Detail:
Irish Life Group Services Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Intern
✨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
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 and being part of our mission.
We think you need these skills to ace Actuarial Intern
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 share your unique experiences and perspectives.
Answer the Questions Thoughtfully: Make sure to take your time with the job-specific questions on the application form. These are key to showing us how you fit into our team, so give detailed and thoughtful responses that highlight your skills and knowledge.
Show Your Passion for Actuarial Work: Let us know why you’re excited about this internship! Whether it’s your love for numbers or your interest in financial planning, sharing your enthusiasm can really make your application stand out.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently, plus you’ll find all the info you need about the role there!
How to prepare for a job interview at Irish Life Group Services Limited
✨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 readiness for the role and your ability to contribute effectively.
✨Excel at Excel
Since you'll be using Excel for data collation and reporting, make sure you're comfortable with its functions and features. Practice creating spreadsheets, using formulas, and generating charts. You might even want to prepare a quick example to discuss during the interview!
✨Show Your Problem-Solving Skills
Canada Life values good problem-solving abilities. Think of examples from your coursework or projects where you faced challenges and how you overcame them. Be prepared to explain your thought process and the steps you took to find solutions.
✨Engage with Their Culture
Familiarise yourself with Canada Life's values and culture. They emphasise curiosity, collaboration, and doing the right thing. During the interview, express how these values resonate with you and share any experiences that align with their commitment to diversity and inclusion.