At a Glance
- Tasks: Join our team to analyse investment strategies and support exciting projects.
- Company: Royal London is the UK's largest mutual life, pensions, and investment company.
- Benefits: Enjoy 28 days annual leave, up to 14% pension matching, and private medical insurance.
- Why this job: Gain valuable experience while working in a supportive and inclusive environment.
- Qualifications: Ideal for those progressing in actuarial or CFA qualifications with investment market knowledge.
- Other info: Hybrid working model allows flexibility between home and office.
The predicted salary is between 36000 - 60000 £ per year.
This job is a permanent position located in Edinburgh or London with a hybrid working style (50% home/office based).
We have an exciting Senior Actuarial Trainee position within the Investment Office team. The team delivers trusted investment expertise across Royal London's investment propositions to help achieve good outcomes for customers. This role delivers analytical support to review and determine the investment strategies used to provide multi-asset propositions, as well as reviewing new fund proposals, and supporting a variety of investment projects across the team when required. A generous support package is available for the successful role holder to complete the actuarial study pathway towards qualification as an Actuary. Applicants progressing towards the CFA qualification (and have passed level 1) are also very welcome.
About the Role:- Review and determine investment strategies.
- Undertake technical analysis using various analytical techniques.
- Provide insight and interpretation of data and results to colleagues across the team and the wider business.
- Challenge and improve processes, procedures, and documentation.
- Progressing through specialist stages of actuarial qualification or equivalent recognised qualification level such as CFA l.
- Good understanding of investment markets and typical investment strategies used for Defined Contribution pensions.
- Good understanding of life and pensions products.
- Good verbal, written, and listening communication skills.
We're the UK's largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services. Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve. We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance.
We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.
Senior Actuarial Trainee - Investment employer: Royal London Mutual Insurance Society
Contact Detail:
Royal London Mutual Insurance Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Trainee - Investment
✨Tip Number 1
Familiarise yourself with the latest trends in investment strategies, especially those relevant to Defined Contribution pensions. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the actuarial and investment fields. Attend industry events or join online forums to connect with current actuaries or CFA holders who can provide insights and potentially refer you to opportunities at Royal London.
✨Tip Number 3
Prepare to discuss your analytical skills in detail. Be ready to share examples of how you've used various analytical techniques in past roles or projects, as this will be crucial for the position.
✨Tip Number 4
Research Royal London's values and culture thoroughly. Understanding their Spirit of Royal London values will help you align your responses during interviews and show that you're a good fit for their team.
We think you need these skills to ace Senior Actuarial Trainee - Investment
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Actuarial Trainee position. Tailor your application to highlight how your skills and experiences align with the job description.
Highlight Relevant Qualifications: Emphasise your progress towards actuarial qualifications or CFA level 1 in your CV and cover letter. Mention any relevant coursework or projects that demonstrate your analytical skills and understanding of investment strategies.
Showcase Communication Skills: Since good verbal and written communication skills are essential for this role, provide examples in your application that demonstrate your ability to convey complex information clearly and effectively.
Personalise Your Cover Letter: Craft a personalised cover letter that reflects your enthusiasm for the role and the company. Mention Royal London's values and how they resonate with your own professional ethos, particularly around inclusion and collaboration.
How to prepare for a job interview at Royal London Mutual Insurance Society
✨Understand the Role
Make sure you have a solid grasp of what the Senior Actuarial Trainee position entails. Familiarise yourself with investment strategies, multi-asset propositions, and the actuarial study pathway. This will help you answer questions confidently and demonstrate your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with technical analysis and data interpretation. Be ready to provide examples of how you've used analytical techniques in previous roles or studies, as this is crucial for the position.
✨Communicate Effectively
Since good communication skills are essential, practice articulating your thoughts clearly. You might be asked to explain complex concepts, so ensure you can convey your ideas in a straightforward manner that colleagues can understand.
✨Emphasise Your Commitment to Learning
Highlight your progress towards actuarial qualifications or CFA Level 1. Discuss your passion for continuous learning and how you plan to leverage the support package offered by Royal London to further your career in the actuarial field.