At a Glance
- Tasks: Join our Savings & Retirement team as an Actuarial Analyst, working on pricing activities.
- Company: Pacific Life Re is a global reinsurance company with over 150 years of expertise.
- Benefits: Enjoy a £37,000 salary, generous study support, and opportunities for team rotations.
- Why this job: Gain hands-on experience in a collaborative environment that values fresh perspectives.
- Qualifications: A-level Maths A grade and a predicted or obtained 2:1 in a STEM degree required.
- Other info: Diversity and inclusion are at our core; we value every voice and idea.
The predicted salary is between 31000 - 41000 £ per year.
Pacific Life Re Actuarial Graduate Programme - London
Start Date – August or September 2025 (flexible) £37,000 plus excellent benefits.
We are looking for 2 additional graduates to join our Savings & Retirement Actuarial Team to work in pricing related activities across our global markets. You will ideally join us in August ahead of our September graduate cohort, at which point you will all follow the graduate rotational programme together. A September start date is also acceptable.
About Us: Pacific Life Re is a global reinsurance company with a strong presence in Europe, Asia, Australia, and North America. With a focus on innovative products and services in areas such as Life, Critical Illness, Income Protection, and Longevity, we have a legacy of over 150 years of expertise. Backed by our parent company, Pacific Life, we have a commitment to intelligent risk-taking, a selective approach to talent acquisition, and investments in cutting-edge analytical technologies.
What We’re Looking For: We’re looking for talented, technical-minded, ambitious, and hard-working graduates to join the Savings & Retirement team in our London office as an Actuarial Analyst. At Pacific Life Re, we encourage a fresh perspective and value those who are willing to challenge conventional thinking.
To succeed in our Graduate Programme, you should possess the following qualities:
- Strong numeracy skills and the ability to analyse and interpret data.
- A collaborative and team-oriented mindset.
- Excellent written communication skills in English.
- Strong interpersonal skills.
Minimum Requirements: To be eligible for our programme, candidates must meet the following minimum requirements:
- An A grade in A-level Maths or a related Maths subject.
- A predicted or obtained 2:1 grade in a STEM undergraduate degree.
What We Offer: Should you be successful in your application, you will begin working within our S&R pricing team, gaining hands-on experience from a range of actuarial projects. We provide a generous study package of study days and financial support to help you qualify as an Actuary. You will also join our graduate scheme which will enable future rotations into other teams. All of this will develop you into a well-rounded Actuary, with a broad understanding of our business and the services that we provide to our clients. We have designed a rotations programme to give our graduates broad actuarial knowledge and future rotations will give you the opportunity to spend time in a variety of different Actuarial teams including Pricing, Valuation, Modelling and R&D. You'll be given stimulating, hands-on roles and have the opportunity to apply the skills you develop across a broad range of projects.
Supporting Our Team Members: Pacific Life Re’s vision is to have a culture that embraces Diversity and Inclusion; where everyone’s views and ideas are valued and where everyone has the same opportunity to fulfil their potential. We strongly believe it’s not just about adding diversity and educating our employees to draw on our differences to change our business, it’s about how well we are listening to – and learning from – the diversity that we already have within the business. We foster open conversations and we are actively training our employees, helping us to unite, learn and grow.
To make an application and for more information about our culture and to learn what a typical day entails please visit Graduate information | Pacific Life Re.
Application Deadline: Sunday 22nd June 2025 but early applications are encouraged and we reserve the right to close early.
Telephone Interviews: Monday 30th June – Friday 4th July (with some flexibility).
Assessment Centre in our London office: Tuesday 15th July 2025.
If you have any further questions please email PLRe@acrobat-talent.com.
Actuarial Graduate Programme employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Graduate Programme
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial science and the insurance industry. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with current or former employees of Pacific Life Re, especially those who have gone through the Graduate Programme. They can provide valuable insights into the company culture and the skills that are particularly valued.
✨Tip Number 3
Prepare for technical questions related to mathematics and data analysis. Brush up on your statistical knowledge and be ready to discuss how you would approach real-world actuarial problems.
✨Tip Number 4
Showcase your teamwork and collaboration skills during the interview process. Think of examples from your academic or extracurricular activities where you successfully worked as part of a team, as this is a key quality they are looking for.
We think you need these skills to ace Actuarial Graduate Programme
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Actuarial Graduate Programme. Familiarise yourself with the skills needed, such as strong numeracy and analytical abilities.
Tailor Your CV: Craft your CV to highlight relevant academic achievements, particularly your A-level Maths and any STEM-related qualifications. Emphasise your analytical skills and any experience that showcases your teamwork and communication abilities.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention why you are drawn to Pacific Life Re and how your background aligns with their values, especially regarding diversity and inclusion.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your writing is clear and professional. This reflects your attention to detail, which is crucial in actuarial work.
How to prepare for a job interview at Pacific Life Re
✨Brush Up on Your Maths Skills
Given the emphasis on strong numeracy skills for the Actuarial Graduate Programme, make sure to review key mathematical concepts and techniques. Be prepared to demonstrate your analytical abilities during the interview, as you may be asked to solve problems or interpret data.
✨Showcase Your Team Spirit
Pacific Life Re values a collaborative mindset, so be ready to discuss your experiences working in teams. Share examples of how you've contributed to group projects and how you handle differing opinions, as this will highlight your interpersonal skills.
✨Communicate Clearly
Excellent written communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, both verbally and in writing. You might be asked to explain complex ideas, so ensure you can do so in an understandable way.
✨Research the Company Culture
Understanding Pacific Life Re's commitment to diversity and inclusion can give you an edge. Familiarise yourself with their values and be prepared to discuss how you can contribute to a culture that embraces different perspectives and ideas.