Royal London is the UK’s largest mutual life, pensions and investment company. We’re owned by our members and work for their benefit, not for shareholder profits, and that makes us different. We’re looking for intellectually curious and highly analytical problem solvers to join our well-established actuarial trainee programme. You’ll be joining a supportive team of talented, diverse and passionate people who make a real impact on the lives of our customers every day. What’s in it for you? Starting salary of £30,000 per annum plus bonus, with further increments on successful completion of exams Generous pension (up to 14% matching) and life assurance (up to x8 salary) 28 days annual leave plus bank holidays with the option to buy/sell up to 5 days Private medical insurance, as well as 24/7 confidential access to health, legal and financial advice Robust training and support to guide you towards Fellowship status with the Institute and Faculty of Actuaries (IFoA) Great career development beyond the end of the programme Amazing office facilities, with hybrid working What will you be doing? You’ll complete a number of assignments of around eighteen-months each, translating complex financial or mathematical insight into outcomes that deliver for our customers. You could be working on everything from valuation (modelling) and pricing, through to assessing risk on climate change, or analysing mergers and acquisition opportunities. Alongside each of your assignments, you’ll receive funded study support towards a professional qualification with the IFoA. Depending on your educational background and any exemptions, this can be done in three years. For others this can be a much longer-term commitment. Best in class study support, which includes generous study allowance and support with materials, exam costs and other resources. What skills and experience do I need? Recently qualified graduate and able to start no later than September 2025. Analytical and numerical ability, with strong critical thinking and problem-solving skills. Experience of coding, data, visualisation and AI is a plus, but not essential. Ability to communicate key conclusions from analysis in simple terms Intellectually curious, adaptable to change and not afraid to share new ideas Proactive and able to deliver multiple projects concurrently Excellent verbal and written English language skills What else do I need to know? Your application should include a short cover letter telling us why you wish to further your career at Royal London. We’re hiring Actuarial Trainees in Edinburgh and Alderley Park. Please apply only for your preferred location – you can make clear on your cover letter if you are happy to consider the other location. Our expectation is that colleagues will come into the office for 50% of their time. This hybrid model is built around our mutual mindset. About Royal London 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. Royal London is an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger.