At a Glance
- Tasks: Join our Actuarial Graduate Programme and gain hands-on experience in insurance pricing and capital modelling.
- Company: AXIS Capital, a global leader in specialty lines insurance and reinsurance.
- Benefits: Paid study leave, financial support for exams, competitive salary, and comprehensive benefits package.
- Other info: Work in a dynamic team with opportunities for growth and development.
- Why this job: Shape your actuarial career while learning from industry experts in a supportive environment.
- Qualifications: First class or 2:1 degree; strong numeracy and analytical skills required.
The predicted salary is between 60000 - 70000 £ per year.
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.
Actuarial Graduate Programme
Job start date: September 2026
How does this role contribute to our collective success? The Actuarial Graduate Programme is a three-year rotational programme committed to helping you grow throughout your career within the insurance industry. As a Graduate Actuarial Analyst, you will play a crucial role getting involved in front line actuarial work and developing an understanding of key actuarial techniques. While rotating through three actuarial departments, this programme will help you develop a core knowledge of actuarial concepts, fundamental analytical skills, and project management experience. You will take on key roles in various projects and communicate with senior Actuaries. You will also engage proactively with other professionals and actuarial management to achieve desired business outcomes. Join us at Axis where you’ll have the opportunity to shape your actuarial career, learn, grow, and have fun in the process.
What will you do in this role?
- You will gain exposure to at least two of the following areas:
- Pricing / Pricing Analytics / Portfolio Management
- Assist in insurance pricing and analysis in order to communicate and explain outputs from pricing tools, support development and testing of pricing platforms
- Conduct detailed reviews within classes of business to objectively assess profitability
- Create, analyse, and manipulate SQL databases to support portfolio management, monthly reporting and ad-hoc requests
- Collaborate with underwriters, catastrophe modellers and pricing actuaries to develop rating models and methods, deliver relevant data and insights to inform decision making
- Assist with preparing regular portfolio management MI and with preparing business plan review materials
- Capital Modelling
- Actuarial modelling and testing
- Work with capital modelling team to improve risk parameterisation and methodology
- Assist the capital modelling team in maintaining and enhancing the capital model
- Regulatory Reserving
- Carry out a first cut of reserve projections for a selection of classes
- Support the reserving process including pack production
- Providing support for Lloyd’s submissions and the Standard Formula
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You
- Excellent communication and interpersonal skills
- Thoroughness and attention to detail
- Ability to document work appropriately
- Ability to work well in a team
- Self-starter and a quick learner with strong numeracy skills
- Willing to question and investigate
- Strong data analytical skills
- Interest in the insurance industry
What You Need To Have
- First class or 2:1 university degree
What We Prefer You To Have
- Experience within the insurance industry either academically or through prior internships.
- Familiarity with SQL, VBA, R, Microsoft Office is preferable.
Role Factors
- Be in the office 3 days per week, or when required as per your manager.
What We Offer
During these 3 years you will be eligible for the Actuarial Study Program which includes paid study leave for up to 40 days a year, financial support for the cost of course materials and exam fees, and salary increases for passed exams. Additionally, you will be provided a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
Actuarial Graduate Analyst in London employer: TargetJobs UK
At targetjobs UK, we pride ourselves on being an excellent employer, offering a supportive work culture that fosters innovation and collaboration. Our Graduate Fire Engineer role not only provides competitive benefits such as 25 days holiday and flexible working options but also presents unique opportunities for professional growth in the thriving Cherwell District. Join us to make a meaningful impact in fire safety while enjoying a balanced work-life environment.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Graduate Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like TargetJobs UK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Graduate Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to TargetJobs UK.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on TargetJobs UK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at TargetJobs UK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with TargetJobs UK.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at TargetJobs UK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former TargetJobs UK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.