Graduate programmes in Actuarial with PwC - Autumn 2021
Who we are
Our purpose - to build trust in society and solve important problems - has never felt more relevant. We bring our purpose to life through our focus on our clients, our people and the communities in which we live and work to address current and future challenges. As one of the world’s leading professional services organisations, attracting the right talent continues to be paramount. Investing in our people is central to our mission and inclusive culture. Whether it be empowering our people to learn new skills for the digital world, to reimagine the possible on how we work with clients, or to be open-minded on how we care for and support each other, we want to create an environment where our people can be the best they can be.
What we do in Actuarial
As one of the UK’s largest Actuarial practices we're market leaders providing insights and solutions for all businesses that face significant and complex risks. We play an important role in supporting clients through uncertain times. Actuaries analyse how future events could affect businesses and we calculate the impact these events could have on our clients. Using our risk and analytical skills and predictive insights, we calculate the impact of changing demographics or legislation on pension schemes, the effects that changes in financial markets have on different organisations, or how likely a business is to be hit by an earthquake. You’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you’ll develop a flair for presenting your findings in simple, easy‑to‑understand language. What’s more, early client exposure will broaden your experience. We have graduate Actuarial opportunities in:
Actuarial Services - you’ll work with clients from the insurance industry (both life and general insurance), but also from the banking sector (retail and investment), the healthcare sector, the public sector, as well as corporate clients from the non‑financial services sector like energy and utility providers. Your advice could cover solvency, reserving, economic capital, risk management, mergers and acquisitions, company restructuring and de‑risking, financial modelling, underwriting, new legislation, the viability of new products and the efficiency of claims or reporting processes.
People and Organisations: Pensions -you’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. You could consult on how clients should manage both liability and asset risks within their pension plans, negotiate with trustees on how to fund schemes, design plans to help employees save for retirement and advise on potential mergers or acquisitions. Using our market‑leading pensions analytics tool and range of expertise, you’ll also help clients develop and implement their pension strategy or benefit schemes.
People and Organisations: Reward and Employment - you’ll help companies work out how to incentivise and reward their employees. As part of a multidisciplinary team, you’ll draw on your problem-solving skills to advise clients in this complex and challenging area, using financial modelling and analytical techniques to develop reward structures that support business strategy, drive appropriate behaviours, and are acceptable to shareholders and employees alike.
Mumbai - joining us in Mumbai, your advice could cover solvency, reserving, economic capital, risk management, mergers and acquisitions, company restructuring and de‑risking, financial modelling, underwriting, new legislation, the viability of new products and the efficiency of claims or reporting processes. You will be given a choice to study with either the Institute of Actuaries of India (IAI) or the Institute & Faculty of Actuaries UK (IFoA).
What you’ll gain
During our five year programme, you’ll study with the Institute and Faculty of Actuaries. Once you’ve completed the exams, you’ll then be fully qualified and a Fellow of the Institute of Actuaries.
What you’ll need
You'll need to have or be on course for a 2.1 degree or above in any subject. We determine whether you're on course for a 2.1 based on the grades you achieved in your last completed year of academic study. Some routes have specific degree requirements, please check on the PwC Careers pages online.
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PwC UK Careers