At a Glance
- Tasks: Gain hands-on experience in actuarial work and contribute to impactful financial projects.
- Company: Join the Pension Protection Fund, a leader in safeguarding pensions across the UK.
- Benefits: Earn £25,625 per annum plus a Civil Service Pension and enjoy hybrid working.
- Other info: Inclusive workplace that values diverse talent and offers excellent personal development opportunities.
- 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 with a 2:1 or above.
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.
Ready to kick-start your actuarial career? 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'll 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'll be welcome here.
No agencies please.
Locations
Actuarial Internship (2026 to 2027) in Croydon, Surrey employer: Ppf
The Pension Protection Fund (PPF) is an exceptional employer, offering a supportive and inclusive work culture that prioritises employee growth and development. With a competitive salary and the added benefit of a Civil Service Pension, our Croydon office provides a dynamic environment where interns can gain invaluable experience in the financial services sector while contributing to the security of nearly 300,000 pension scheme members. Join us to kick-start your actuarial career with opportunities for personal development and skills training in a location easily accessible from central London.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Internship (2026 to 2027) in Croydon, Surrey
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like Ppf and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at Ppf!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at Ppf. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from Ppf and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace Actuarial Internship (2026 to 2027) in Croydon, Surrey
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at Ppf and what you hope to learn. Be personal and connect the dots between your education and the role of Actuarial Internship (2026 to 2027).
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at Ppf
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
