Actuarial - Actuarial Insurance

Hybrid in London·Added 25 days ago (last checked 8 Oct)

Deloitte UK Early Careers

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Overview

Job details

Hybrid
Office and home days — the ad has the split.

Requirements

Be near London for hybrid days
No relocation package mentioned.

Skills

No prior experience is required, however some understanding and interest of the insurance industry, and the role of actuaries within it is recommended.

Duration of the programme: 6 Weeks

We have identified 10 core skills that are essential to all our roles in Early Careers. To learn more about these skills and their detailed descriptions, please visit the 'Discover What We Look For' section in our Candidate Zone.

What kind of work will I do?

As well as learning key consulting skills, you will also gain expertise in actuarial specific skills such as actuarial modelling, data analytics and knowledge of regulatory reporting requirements across life insurance and general insurance.

The following are some examples of the day-to-day work you will be involved in:

Analysing client data before drafting reports and slide decks to support the presentation of findings to clients;
Research and due diligence around demographic and financial assumptions;
Estimating, reviewing and validating a range of insurance actuarial numbers including insurance liabilities and capital numbers as part of our work on insurance company audits
Assessing future insurance liabilities for setting premiums, understanding profitability, financial reporting and transferring blocks of business;
Advising on the level of capital to hold and the capital structure;
Supporting financial change programmes by identifying inefficiencies in our client's actuarial processes, designing better ways of working, and collaborating with their people to embed new solutions.

Where will I work?

At Deloitte we recognise how important face-to-face interaction is for your development in a new role. We also understand that our people need flexibility, which is why we operate a hybrid system, with a combination of office and home working. If you're in a client-facing role, you might be expected to attend client sites on certain days, while your meetings will be a mix of online and in-person events. Please note your final assessment and induction will also be in-person, to give you the opportunity to network and build relationships.

All our workspaces are accessible, however, if you require further flexibility due to a health condition or caring responsibilities, please discuss this with our team. You can find further information on our parent and carer policies here.

How will I develop?

When you join Deloitte, we will provide you with the training you need to develop. Deloitte offers a wide range of learning opportunities, including formal training courses and e-learning, to help you develop broader business skills. This training is focused on your own requirements, although there are some courses that most people will take.

On a day-to-day basis, you will receive on-the-job training through your work with different actuarial colleagues and colleagues in other parts of the firm on different client and internal projects.

A role in Actuarial Insurance offers stimulating actuarial work, alongside consulting opportunities to engage closely and directly with clients, plus a strong internal support network and a friendly open culture.

We provide Summer Vacation Students Analysts with the following opportunities:

Our dedicated Technology & Transformation SVS team will support you from your first day, organising fun activities to help you get to know your fellow SVS students.
You will attend our induction alongside other business line students to learn about the firm, our culture and how we work, before diving into Technology & Transformation specific induction activities.
After your induction you'll work on projects with colleagues at all levels of seniority helping to solve real problems from our clients.
You will be provided with a support network including a buddy, people leader, mentor, programme sponsor and more!
You will be provided with a number of resources such as the SVS Student handbook which can help guide you through your placement.

If you are offered a role, you will be assigned a buddy in the team who has recently joined the Actuarial Insurance team through our SVS or Graduate programme. They will act as an informal point of contact, answering questions and offering insight and guidance before you join and throughout your journey at Deloitte on the Summer Vacation Scheme.

Additional support and benefits information

We're a collaborative, inclusive firm and we want to help you to use your unique talents and perspectives in the workplace. From diversity networks to wellbeing and much more, we aim to support and reward you in the best way possible. Please use the links below to discover more about our processes, benefits, values and culture.
You can learn more about the full recruitment process here.
Do you have accessibility requirements or need reasonable adjustments for the interview or assessment process? Find out how we can help.
Learn more about our values, culture and purpose as a firm.
Want to hear from some of our people to inspire your future career? Check out our Life at Deloitte page.
At Deloitte we value diversity, and we're committed to ensuring that our people thrive through a wide range of initiatives and diversity networks. Discover more about inclusion and wellbeing.
We value our people and recognise their hard work. Learn about the rewards and benefits available at Deloitte.

Application deadlines

The closing deadline for this role is 23rd October 2026, but we recommend getting your application in as soon as possible. Please note, some of our roles may close before the deadline if we experience high demand.

Once you've applied to this role, you'll receive an email from our recruitment team outlining next steps and the relevant deadlines for you to complete the following stages of our process.

We operate a strict one application per year policy across our Early Careers opportunities. We recommend only submitting an application for a role that you feel is right for you.

Visa Sponsorship

We're not able to provide visa sponsorship for this programme. However, you can apply if you hold a Student Visa which is valid for the duration. If you are currently on a student visa and would require sponsorship to join Deloitte after graduation, we are able to accept your application for this role.

What matters to you? Make it happen at Deloitte.

About Deloitte UK Early Careers

Deloitte UK is the United Kingdom member firm of the Deloitte global network, providing audit and assurance, consulting, financial advisory, risk management, tax and related professional services. It serves organisations ranging from the Global 500 to private businesses, and states it has offered professional services for more than 175 years.

Industry: Professional Services
In the UK: London
Website: deloitte.com

All open roles at Deloitte UK Early Careers