At a Glance
- Tasks: Support actuarial activities and analyses while developing your skills in a collaborative environment.
- Company: Join Unum UK, a leader in employee benefits with a focus on healthy workplaces.
- Benefits: Enjoy competitive pay, generous holidays, and perks like gym access and electric car schemes.
- Other info: Hybrid working model with opportunities for growth and development.
- Why this job: Kickstart your actuarial career with hands-on experience and professional study support.
- Qualifications: A numerate degree at 2:1 or above and strong analytical skills are essential.
The predicted salary is between 25650 - 31350 £ per year.
Who are we? We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.
The role
What will you be doing?
- Support the delivery of a range of actuarial activities, analyses and projects across the business.
- Develop an understanding of how actuarial insights support business performance, decision-making and risk management.
- Take ownership of tasks and deliver high-quality work with accuracy and attention to detail.
- Contribute to projects aimed at improving processes, systems and ways of working.
- Maintain clear and accurate documentation of actuarial methodologies and processes.
- Work closely with colleagues across Finance, Risk and the wider business, developing your communication and stakeholder management skills.
- Learn about the regulatory environment in which we operate, including Solvency II and broader risk management frameworks.
- Build technical expertise through a combination of on-the-job experience, formal study support and professional development opportunities.
- Progress towards qualification through our actuarial study support scheme.
This is a fantastic opportunity to launch your actuarial career within a supportive and collaborative team, gaining exposure to a broad range of actuarial work while studying towards professional qualifications.
What will you bring?
We're looking for talented graduates who are curious, analytical and excited to build a career in actuarial science. You'll ideally have:
- A degree in a numerate subject, achieved at 2:1 level or above.
- A strong academic record, including A-Level Mathematics (or equivalent).
- Excellent numerical, analytical and problem-solving skills.
- Strong attention to detail and a commitment to delivering accurate work.
- An interest in developing a career within the actuarial profession.
- Good communication skills and the ability to explain information clearly and confidently.
- The ability to manage multiple priorities and work effectively to deadlines.
- A proactive and inquisitive mindset with a willingness to learn.
- Experience using Excel; exposure to programming languages such as Python, R or VBA would be advantageous but is not essential.
- Any actuarial internship, placement year or relevant work experience would be beneficial but is not required.
Location: Hybrid working. 3 days in office, 2 days from home. A minimum of 2 days a week from our Dorking office and option to work the third from a choice of offices in Dorking, Basingstoke & London.
Benefits:
- Performance based incentive 8.5% (Paid in March)
- Company funded Life Assurance and Group Income Protection
- Pension Scheme with generous company match - employer contributions from 8-12%
- Generous holiday allowance with the option to buy and sell leave
- Salary sacrifice electric car scheme with onsite electric charging points
- Free parking at Dorking & Basingstoke sites
- Free onsite perks
- Dorking office: Restaurant, Gym, Tennis Courts, Free Shuttle Bus from Train Station
Why join us? At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life. As a part of our commitment to creating an inclusive workplace, we actively encourage applications from those with disabilities and those with long-term health conditions. If you meet the essential criteria for the role and choose to opt in to the scheme during your application, you will be offered an interview under the Disability Confident Scheme. If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to careers@unum.co.uk. We are proud to be a Disability Confident Employer.
Company: Unum UK
Actuarial Trainee in Dorking employer: Unum Group
At Unum, we pride ourselves on being an excellent employer by fostering a supportive and inclusive work environment that prioritises employee growth and development. As a Security Analyst in our hybrid Dorking location, you'll benefit from a collaborative culture that encourages continuous learning and innovation, while also having the opportunity to make a significant impact in safeguarding our organisation. Join us to thrive in your career and contribute to creating healthier workplaces.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Trainee in Dorking
✨Get Clued Up on Insurance Events
Join local insurance events or workshops to network and soak in knowledge about the industry. It's a great way to meet potential employers, like Unum Group, and show off your enthusiasm for the field. Plus, you’ll gain insights that'll make you stand out during your interviews!
✨Tap into Your University’s Resources
Many universities offer career services specifically tailored for students looking for trainee roles in insurance. Make sure to utilise these—they can connect you with alumni in the industry or help you snag those hidden opportunities that aren't advertised widely!
✨Showcase Your Knowledge
Start a blog or social media account where you can share insights about current trends in insurance. This demonstrates your passion and keeps you in the minds of recruiters at places like Unum Group. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the Unum Group website. Tailor your application to highlight your interest in the insurance sector and showcase any relevant projects or experiences. A few personal touches can go a long way in landing that trainee spot!
We think you need these skills to ace Actuarial Trainee in Dorking
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analytical skills are a must. Make sure to showcase any relevant coursework or projects where you've solved complex problems or worked with data. This can really set you apart, especially in your CV or cover letter!
Show Your Interest in the Sector:For a trainee role, it’s super important to demonstrate your genuine interest in insurance. Talk about any internships, part-time jobs, or relevant studies that have sparked your passion for this field. We want to see that you're eager to learn and grow with us at Unum Group!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Unum Group. Use it to explain why you're excited about a career in insurance and what you hope to learn during your time with us. Make it personal and engaging—it’ll catch our eye for sure!
Include Relevant Certifications or Courses:Even as a trainee, any extra certifications or courses related to insurance can really boost your application. Whether it's online courses or workshops, throw them in your CV to show us that you’re proactive about your professional development. It’ll demonstrate your commitment to stepping into this industry with enthusiasm!
How to prepare for a job interview at Unum Group
✨Understand the Basics of Insurance
Since you're interviewing for a trainee role in insurance, it’s vital to brush up on the key concepts in the industry. Familiarise yourself with terms like underwriting, risk assessment, and claims processing. It shows your genuine interest and helps you answer those technical questions more confidently.
✨Prepare for Scenario-based Questions
Expect scenario-based questions during your interview! They might dive into how you would handle specific insurance situations or customer complaints. Think about examples from your studies or past experiences where you demonstrated problem-solving and customer service skills. They're looking for how you approach issues in a practical setting.
✨Focus on Your Learning Potential
As a trainee, your eagerness to learn is key. Be ready to discuss what excites you about the insurance field and how you plan to grow within the role at Unum Group. Highlighting your adaptability and willingness to learn will make a great impression.
✨Show Your People Skills
Insurance is all about building relationships, whether it's with clients or colleagues. Prepare to share experiences where you’ve effectively communicated or worked as part of a team. Remember, your soft skills are just as important as your technical knowledge in this industry!
