Line of Service Assurance Industry/Sector Not Applicable Specialism Actuarial Services Management Level Intern/Trainee Job Description & Summary Actuarial and Risk Modelling Services: Our Actuarial practice is part of Risk Modelling Services, with offices in London, Edinburgh, Manchester, and Bristol. We're one of the largest teams, serving clients in insurance, healthcare, banking, investments, and government. Our team includes actuaries, data scientists, and advanced analytics practitioners using cutting-edge technology to solve client problems. We encourage early responsibility and career development, aiming to create accomplished consultants, not just technically strong analysts. You'll gain exposure to diverse projects and collaborate with specialists from other PwC disciplines such as Transaction Services, Regulatory, Risk Advisory, Corporate Finance, Business Recovery/Restructuring, Forensics, Audit, and Tax. We work on both actuarial-led projects and provide specialist advice on broader engagements. What You'll Do: As an actuary, you'll help clients analyse future uncertainties across various sectors, including insurance (life and general), banking (retail and investment), healthcare, public sector, and non-financial services like energy and utilities. Your advice will cover economic capital, risk management (including GenAI), liabilities, M&A, restructures, financial modeling, valuing financial instruments, stress testing, ESG modeling, and product viability. Key Responsibilities: - Communicate complex concepts clearly to senior management for evidence-based decisions. - Collaborate in multidisciplinary teams to analyse and model risks across sectors. - Learn and apply knowledge about industry trends, such as life expectancy, climate change impacts, and pandemics. - Provide specialist advice in audits of insurers and banks, ensuring liability adequacy. - Help clients adapt to changing economic conditions and regulatory requirements, including ESG. - Draft reports and presentations, using data visualisation to explain findings. What you'll gain By completing the programme, you'll have the opportunity to be considered for a subsequent Summer Internship 2026 role in the same location and business area. Many of our participants receive graduate role offers. Current graduates in this business area study with the Institute and Faculty of Actuaries (IFoA), but this may change in future years. What you'll need No specific degree or A Levels are required, but the Institute and Faculty of Actuaries (IFoA) recommends a maths-based degree due to the rigorous qualification process. Non-maths graduates should consider an IFoA non-member exam for preparation. Eligibility for Social Mobility in Business Programme - First-year student in a three-year degree or second-year in a four-year degree - On track to pass an undergraduate degree - Attended a state school or college between the ages of 11- 16, Main household earner had a lower socio-economic background at age 14, or you were eligible for free school meals. Important Notes - Eligibility is assessed using your application and Equal Opportunities form responses, as advised by Access Accountancy. - If you choose "prefer not to say" on these questions, we may not confirm your eligibility and consider your application. - This information is confidential and only reviewed by specific teams for eligibility. - We welcome students from all backgrounds. If you don't meet the criteria, consider applying to our Women in Business or Black Talent in Business programmes. Programme: During this three-day paid programme you’ll get an insight into what a career at PwC could look like, you’ll meet mentors and buddies who’ll represent the variety of opportunities available across PwC. You’ll meet some of our colleagues to hear about their own personal career journeys, as well as from some of our networks focussed on Inclusion and Diversity. Through interactive sessions the programme will help you to develop confidence in a business setting and encourage you to bring your whole self to the workplace. At PwC, we nurture an environment where our people can be the best they can be. Our Advancing Social Mobility Programme will be a 3-day paid programme taking place 14-16 April 2025. You will need to be in the UK to complete this programme. When to apply: Once you have submitted your application you'll have seven days to complete the online test, this is the first stage of our recruitment process. Applications for this role may close early should we receive a high volume of interest so we recommend prompt application to avoid disappointment. Find out more Our people Training and development Our events Do you need a work permit? Please take some time to confirm your eligibility for the role. We welcome applications from all candidates but there are restrictions to some areas of our business. Please review the 'Important information' section of the work permit page on our website. Our offer to you ‘The Deal’, is our firmwide Employee Value Proposition’ which clearly sets out what you can expect from your experience at the firm both professionally and personally. Learn more. Our commitment to you We’re committed to building a culture that empowers all of our people to thrive and feel a sense of belonging at PwC. Learn more. Application support If you’re a person with a disability, if you’re neurodivergent, or if you have a condition that you believe may affect your performance during our selection process, we’ll be happy to make reasonable adjustments to our processes for you. Learn more. Education (if blank, degree and/or field of study not specified) Degrees/Field of Study required: Degrees/Field of Study preferred: Certifications (if blank, certifications not specified) Required Skills Optional Skills Desired Languages (If blank, desired languages not specified) Travel Requirements Not Specified Available for Work Visa Sponsorship? No Government Clearance Required? No Job Posting End Date