Line of Service Assurance Industry/Sector Not Applicable Specialism Actuarial Services Management Level Intern/Trainee Job Description & Summary Actuarial As one of the UK’s largest Actuarial practices, we're market leaders in providing insights and solutions for businesses facing complex risks. We support clients through uncertain times by analysing future events and their potential impacts. Our Actuaries use risk and analytical skills to assess the effects of changing demographics, legislation, financial markets, or how a natural disaster is likely to impact our clients. You’ll learn to apply complex financial and statistical theories to evaluate risks and predict outcomes, and you'll also develop the ability to present findings clearly. Early client exposure will further broaden your experience. 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. Black Talent in Business 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 Black 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 Black Talent in Business 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. 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 You should be a first-year student in a three-year degree course or a second-year student in a four-year degree course. You must be on track to pass an undergraduate degree in any subject, based on your most recent academic grades. While no specific degree or A Level subjects are required, the Institute and Faculty of Actuaries (IFoA) recommends a maths-based degree due to the rigorous qualification process. If you lack a maths-based degree, consider taking a non-member exam to prepare. More information is available here: https://www.actuaries.org.uk/becoming-actuary/route-becoming-actuary 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. 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