At a Glance
- Tasks: Tackle real business challenges in the insurance industry and learn from experienced actuaries.
- Company: Join Zurich, a leader in insurance with a focus on sustainability and customer care.
- Benefits: Enjoy a competitive salary, 28 days holiday, private medical cover, and more.
- Other info: Ideal for penultimate-year students; potential graduate programme opportunities await.
- Why this job: Make a genuine impact while kickstarting your actuarial career in a supportive environment.
- Qualifications: Strong maths skills, analytical mindset, and a passion for actuarial science required.
The predicted salary is between 24968 - 24968 £ per year.
Location: London, Farnborough, Birmingham or Whiteley
Start Date: June 2027
Closing date for applications: Sunday 18th October 2026
Insurance is so much more than you think! Do you want to discover more about careers that will excite, challenge and inspire you? If so, a Zurich industrial placement could be just what you're looking for. Forget any preconceptions you have about the insurance industry. Our one-year industrial placements give you a real job with real responsibility and a taste of life working at Zurich. With plenty of support around you, you’ll experience how your future career might look and help us make a difference to our customers at a time when they need us the most.
Our industrial placements are ideal for students in their penultimate year of study. As well as gaining some great experience, successful completion of your industrial placement in 2027 could lead to you being offered a place on one of our graduate programmes starting in 2028.
What can I look forward to?
- From day one, you'll be working on real business challenges that make a genuine difference.
- Our insurance solutions help protect everyone from individual customers and small businesses to local authorities and some of the world's largest organisations.
- Behind every insurance policy is a team of actuaries helping to understand risk, make informed decisions, and shape business strategy.
- As part of the actuarial team, you'll learn from experienced actuaries and analysts across the UK and our wider global business.
- You'll be supported every step of the way, starting with a dedicated buddy before you join, who'll help you settle in and answer any questions as you begin your career.
Within our General Insurance business, there are two exciting actuarial pathways:
- Actuarial reserving: Help answer one of the most important questions in insurance: how much will future claims cost? You'll use data, statistical techniques, and analytical thinking to predict future outcomes, identify emerging trends, provide valuable business insights, and support capital management decisions. Your work will play a key role in ensuring the long-term strength and stability of the business.
- Actuarial pricing: Discover how data drives business decisions. You'll help determine the price of insurance products by analysing risk, customer behaviour, and market trends. From improving customer segmentation to developing innovative pricing models and technology, you'll contribute to solutions that keep us competitive while delivering value to customers.
As well as working alongside qualified actuaries, we also provide internal actuarial training to help you understand some of the other work we do, so you can get insight into work that you may not necessarily get a chance to be involved in.
What’s in it for you?
- £24,968.58 salary
- 28 days holiday plus an additional three volunteering days
- You can request to swap UK bank holidays for days off that have cultural or religious significance to you
- Full private medical cover
- 12% company pension contribution
- Annual company bonus
- Discounted gym membership
- Discounted gadget insurance
- Discounted technology offers
What you’ll need:
- Although we are a hybrid workforce, you should be within a commutable distance of your assigned office.
- Strong mathematical skills, an analytical approach and a high level of numerical aptitude.
- The ability to learn new technical skills, feel comfortable working with large amounts of data or information, and have an eye for detail.
- Excellent team-working, communication and interpersonal skills.
- A strong interest in pursuing an actuarial career post-graduation, alongside maintaining office performance.
- The ability to build strong working relationships.
Entry Requirements:
- You must be in your penultimate year of study and on course to achieve a 2.1 (or above) in a STEM-related or Economics degree subject at a bachelor's level (or equivalent).
- A minimum C/4 grade in both English and Maths at GCSE level (or equivalent).
- A minimum A grade at Mathematics A-level.
- At least 128 UCAS points from 3 A-Level subjects (or equivalent).
- You must have an indefinite, full right to work and reside in the UK. We cannot accept applications from those who require sponsorship to work in the UK.
- You must have resided in the UK for a minimum of three consecutive years.
Are you ready to create a brighter future? At Zurich our brand purpose is to create a brighter future together, for our customers, our partners, our employees and the planet. It’s a promise that for our customers, we will put their needs at the heart of everything we do and for our employees, to grow and develop together. For our partners, to collaborate to create mutual value and for the planet, to drive positive impact by integrating our sustainability work into how we do business.
We put our customers at the heart of everything that we do, and we’re looking for like-minded people to join us. We’re passionate about diversity and inclusion; we want our people to bring the whole of themselves to work. You’ll have every opportunity to use your drive and enthusiasm to innovate the future of Zurich. Everybody … So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
Please note we are unable to progress your application if you don't meet our criteria listed above. Please ensure you have the right to reside and work in the UK before you apply as we are unable to provide sponsorship. You must have resided in the UK for a minimum of three consecutive years in order to apply.
Actuarial (General Insurance) Industrial Placement Programme 2027 in Farnborough employer: Zurich Insurance
Zurich is an exceptional employer that prioritises flexibility and employee wellbeing, offering a range of benefits tailored to individual needs, including a generous pension scheme and private medical insurance. Our inclusive work culture fosters diversity and encourages personal growth, ensuring every employee feels valued and supported in their career journey. Join us in making a meaningful impact while enjoying a dynamic work environment that champions creativity and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial (General Insurance) Industrial Placement Programme 2027 in Farnborough
✨Join Insurance Networks
Dive into local insurance networks or associations. Events like the British Insurance Brokers' Association conferences are goldmines for meeting industry professionals and could lead to placements like the one at Zurich Insurance. Don't shy away from introducing yourself and chatting about your interest in the field!
✨Leverage University Career Services
Your university's career services are a fantastic resource for securing a placement. They often have connections with companies, including those in the insurance sector like Zurich Insurance. Make sure you’re utilising their workshops and career fairs to make yourself visible to potential employers.
✨Get Hands-On with Work Experience
Seek out any additional work experience opportunities, even if they’re short-term. Roles like customer service in an insurance office can give you a foot in the door and useful insights. Plus, it shows future employers, like Zurich Insurance, that you’re proactive and eager to learn!
✨Follow Industry Trends
Stay updated on the latest trends and news in the insurance industry. Engaging with content on platforms like LinkedIn will help you join relevant discussions and showcase your knowledge. This could help you stand out when applying for placements at places like Zurich Insurance!
We think you need these skills to ace Actuarial (General Insurance) Industrial Placement Programme 2027 in Farnborough
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, strong analytical skills are crucial. Make sure to showcase any relevant coursework or projects that demonstrate your ability to evaluate risk and data. This could be stats, financial modelling, or even case studies that you've tackled during your studies.
Show You're Customer-Focused:Insurance is all about helping customers manage risks and navigate their options. In your cover letter, include specific examples of how you've provided excellent customer service or solved problems for clients in any capacity, be it during part-time jobs or volunteer work.
Tailor Your CV for the Sector:When crafting your CV, make sure you're using language and terminology that's familiar in the insurance field. Highlight any relevant insurance legislation or software skills you have, and mention any internships or courses that specifically relate to insurance. This is your chance to show you know what's what in the industry.
Express Your Eagerness to Learn:As this is a placement, companies will be looking for your motivation to learn and grow within the industry. In your application, don’t hold back! Let us know what you’re keen to learn and how you believe this opportunity at Zurich Insurance can kickstart your career in insurance.
How to prepare for a job interview at Zurich Insurance
✨Brush Up on Industry Knowledge
Since we're diving into the insurance sector, it’s crucial to brush up on industry trends and key players. Familiarise yourself with terms like underwriting, risk assessment, and claims management to show your solid understanding in the placement interview with Zurich Insurance.
✨Bring Your Analytical Skills to the Fore
Be prepared to discuss how you approach problem-solving and risk analysis. You might face case study questions that assess your ability to interpret data and make decisions based on it, which is key in the insurance field.
✨Show Your Eagerness to Learn
As this is a placement, your enthusiasm to learn and grow is paramount. Think about how you can convey your motivation to absorb knowledge quickly and how you can contribute to the team at Zurich Insurance while you’re learning.
✨Glam Up Your CV and Work Experience
Tailor your CV to highlight any relevant coursework, projects, or part-time roles that relate to insurance. If you’ve used any specific tools—like actuarial software or data analysis programmes—make sure to mention those. That'll catch their eye!
