Actuarial Graduate Programme
Actuarial Graduate Programme

Actuarial Graduate Programme

Slough Full-Time 37000 - 37000 £ / year (est.) No home office possible
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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 leader with over 150 years of expertise.
  • Benefits: Enjoy a competitive salary of £37,000, study support, and opportunities for team rotations.
  • Why this job: Gain hands-on experience in a diverse, inclusive culture that values fresh perspectives.
  • Qualifications: A-level Maths A grade and a predicted or obtained 2:1 in a STEM degree required.
  • Other info: Applications close on 22nd June 2025; early applications are encouraged.

The predicted salary is between 37000 - 37000 £ per year.

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.

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.

What We’re Looking For:

  • 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:

  • 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.

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.

Actuarial Graduate Programme employer: Pacific Life Re

Pacific Life Re is an exceptional employer, offering a dynamic and inclusive work culture in the heart of London. With a strong commitment to employee development, our Actuarial Graduate Programme provides generous study support and diverse rotational opportunities across various actuarial teams, ensuring you gain comprehensive industry knowledge. Join us to be part of a forward-thinking team that values innovation and collaboration, while enjoying competitive benefits and a vibrant city lifestyle.
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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 specific areas of focus for Pacific Life Re, such as pricing and longevity. This knowledge will help you stand out during interviews and demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Pacific Life Re through platforms like LinkedIn. Engaging in conversations can provide you with valuable insights about the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Prepare for the telephone interview by practising common actuarial interview questions and scenarios. Focus on articulating your problem-solving skills and how you approach data analysis, as these are key competencies for the role.

✨Tip Number 4

During the assessment centre, showcase your teamwork and collaboration skills. Be ready to participate in group exercises, as the ability to work well with others is highly valued at Pacific Life Re.

We think you need these skills to ace Actuarial Graduate Programme

Strong Numeracy Skills
Data Analysis and Interpretation
Excellent Written Communication Skills
Interpersonal Skills
Team Collaboration
Problem-Solving Skills
Attention to Detail
Technical Aptitude in Actuarial Science
Adaptability
Critical Thinking
Time Management
Proficiency in Statistical Software
Understanding of Financial Concepts
Ability to Work Under Pressure

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 experiences and skills that align with the job description. Emphasise your academic achievements, particularly in Maths or related subjects, and any teamwork or communication skills you've developed.

Write a Compelling Cover Letter: Your cover letter should reflect your enthusiasm for the role and the company. Discuss why you're interested in Pacific Life Re and how your background makes you a suitable candidate for the Savings & Retirement Actuarial Team.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your writing is clear and professional, as excellent written communication skills are essential for this role.

How to prepare for a job interview at Pacific Life Re

✨Brush Up on Your Numeracy Skills

Since the role requires strong numeracy skills, make sure to review key mathematical concepts and actuarial principles. 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 collaboration, so highlight any experiences where you've worked effectively in a team. Share examples of how you contributed to group projects or supported your peers, as this will show that you have the right mindset for their team-oriented environment.

✨Communicate Clearly and Confidently

Excellent written and verbal communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex ideas, so ensure you can do this in a way that's easy to understand.

✨Research the Company Culture

Familiarise yourself with Pacific Life Re's commitment to diversity and inclusion. Be ready to discuss how you can contribute to this culture and why it matters to you. Showing that you align with their values can set you apart from other candidates.

Actuarial Graduate Programme
Pacific Life Re
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