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- Tasks: Gain hands-on experience in actuarial work and contribute to impactful projects.
- Company: Join the Pension Protection Fund, a leader in safeguarding pensions.
- Benefits: Earn £25,625 per annum plus a Civil Service Pension and enjoy hybrid working.
- Why this job: Kick-start your actuarial career with a prestigious organisation and develop valuable skills.
- Qualifications: Strong numerical skills and studying towards an actuarial-related degree.
- Other info: Inclusive workplace that values diverse talent and offers personal development opportunities.
The predicted salary is between 25625 - 25625 £ per year.
Location: Croydon office with hybrid working
Salary: £25,625 per annum plus Civil Service Pension
Contract Type: 13-Month Internship
Position type: Full Time
At the Pension Protection Fund (PPF), we safeguard the futures of nearly 300,000 members by compensating defined benefit (DB) pension scheme holders when their sponsoring employers become insolvent. With over £30 billion in assets under management, our investments support long-term economic growth across the UK.
Our award-winning team of around 450 professionals has earned the IPE UK Pension Fund of the Year title three times in six years. We work closely with government and industry partners to improve outcomes for scheme members, employers, and the broader pension system, playing a vital role in strengthening retirement security nationwide.
The PPF is delighted to announce that we are now accepting applications for our 2026 intake of the Actuarial Internship Programme. This is a 13-month placement, starting at the beginning of July 2026 and finishing at the end of July 2027. It is open to current students who wish to complete a placement year after the second year of their degree course. Please note: this programme is only available to current undergraduates.
This is an excellent opportunity for someone with a strong academic record and proven communication and influencing skills to gain experience within a high-profile financial services organisation. We expect applicants to have strong numerical aptitude, ideally demonstrated by a high A-Level grade in Mathematics (or equivalent), and be studying towards an actuarial-related undergraduate degree on track for a 2:1 classification or above. Competency in Microsoft Office packages, particularly Excel, would be advantageous.
You will be a valued member of the team, working to clear deadlines on projects that make a tangible impact on our organisation. You will have exposure to a wide range of stakeholders and take responsibility for varied tasks, including running internal models and valuation programmes, reviewing results, and recommending improvements to models and processes.
In return for your skills, experience and commitment, we will give you a challenging role within a business where you will get the support you need to develop your career. We will also give you lots of opportunities for personal development and skills training.
Our Croydon office is just across the road from East Croydon station, which is around 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction or half an hour from St Pancras.
We are proud to be a Disability Confident Leader and actively encourage applications from people with disabilities. We are committed to ensuring our recruitment process is inclusive and accessible. If you require any reasonable adjustments during the recruitment process, please let us know. We are happy to discuss your needs and ensure you have the support required. We embrace diverse talent welcoming people with different beliefs, backgrounds and ways of working. Whatever your background, and however you identify, you will be welcome here.
Actuarial Internship (2026 to 2027) employer: Pension Protection Fund
Contact Detail:
Pension Protection Fund Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Internship (2026 to 2027)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend career fairs, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or using online resources to get comfortable. Remember, confidence is key, so show them your passion for the role!
✨Show Off Your Skills
During interviews, make sure to highlight your numerical aptitude and any relevant projects or coursework. We want to see how you can apply your knowledge in real-world situations, so bring examples that showcase your skills!
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing that internship! We’ve made the application process straightforward, and it’s the best way for us to see your enthusiasm for joining our team.
We think you need these skills to ace Actuarial Internship (2026 to 2027)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Internship role. Highlight your academic achievements, especially in Mathematics, and any relevant experience that showcases your numerical skills. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial work and how your skills align with what we’re looking for. Be genuine and let your personality come through – we love seeing enthusiasm!
Showcase Your Skills: Don’t forget to mention your proficiency in Microsoft Office, particularly Excel. If you've worked on any projects or coursework that involved data analysis or modelling, make sure to include that. We’re keen to see how you can contribute to our projects!
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 without any hiccups. Plus, you’ll find all the details you need about the internship and our company there!
How to prepare for a job interview at Pension Protection Fund
✨Know Your Numbers
Brush up on your numerical skills and be ready to discuss how you've applied them in your studies or projects. The Pension Protection Fund values strong numerical aptitude, so be prepared to showcase your mathematical abilities during the interview.
✨Research the PPF
Familiarise yourself with the Pension Protection Fund's mission and recent achievements. Understanding their role in safeguarding pensions will help you articulate why you're interested in the internship and how you can contribute to their goals.
✨Prepare for Behavioural Questions
Think of examples from your academic or work experience that demonstrate your communication and influencing skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers and show how you've made an impact in previous roles.
✨Excel Skills Matter
Since competency in Microsoft Excel is advantageous, make sure you can discuss your experience with it. If you have any specific projects where you've used Excel to analyse data or create models, be ready to share those examples.