Mazars Actuarial Trainee

Actuaries apply financial and statistical theories to solve real business problems. In effect, they use their skills in maths and statistics to create theoretical models of the world around them.

 

A typical business problem might involve analyzing future financial events, especially when the amount or timing of a payment is uncertain. But it could also involve understanding something like the weather: assessing when and where devastating storms may hit can help predict risks, and their associated costs, for investments or insurance. So a lot of the work an actuary does might be thought of as risk management.

 

Understanding how businesses operate, and how legislation may affect them, is vital. But what really sets actuaries apart is their natural mathematical, economic and statistical awareness, and their ability to apply this to real situations in the financial world. The ability to communicate these difficult topics to non-specialists is also very important. 

 

Actuaries' skills are in great demand throughout the financial sector, particularly in investment, insurance and pensions. Actuaries are also increasingly employed in risk management for large companies. However, actuarial consultancies are probably the biggest employers of actuaries in the UK.

 

You will be exposed to a broad range of clients within the general insurance, health, life and pensions sector and will be challenged to take responsibility early in your career. 

 

You will be supported by your team, manager and mentor, and you will be on a full study package for your actuarial exams. (The professional body governing the study structure and exams is called the Institute and Faculty of Actuaries: www.acturaties.org.uk).  In addition, our own internal development program and tuition support covers all aspects of your exams and personal development at Mazars. 

 

You will have, or expect to gain 320 UCAS points or more with an A grade in a mathematical discipline and at least a 2.1 degree (or equivalent) which does not have be related to a mathematical discipline.

 

We do not have a closing date for this vacancy, so you can apply all year round. However, to avoid missing the boat we would advise that you apply  as early as you can.