About PwC
Be part of something special. Join the organisation that’s been voted number one in The Times Top 100 Graduate Employers survey for the last eight years. You’ll enjoy exceptional business exposure, build wide-ranging skills and life-long relationships, and gain valuable professional qualifications.
Actuarial
As an actuary, you’ll work with uncertainty. Using complex financial and statistical theories to calculate the likelihood of events – anything from a natural disaster to a wholesale IT system failure – you’ll work out what that means financially for clients. It's highly technical work. And it’s made all the more challenging by the fact that you’ll have to present your complex findings in simple, easy to understand ways
You’ll start off in one of two areas – both among the leading actuarial practices in the UK.
In Human Resource Consulting you’ll work in our pensions team or in our reward team. In pensions, you'll work with a wide variety of companies, from large multi-national organisations to smaller UK-focused businesses, advising them on how to best achieve their objectives in relation to their pension/benefit schemes. You’ll consult on a spectrum of issues including the redesign of pension benefits, de-risking legacy pension schemes, negotiating with pension scheme trustees on how to fund schemes, potential mergers or acquisitions, and the impact of legislative changes. In reward, you’ll have a broader consulting role. You’ll help companies focus on the best way to reward their senior employees, using financial modelling skills to analyse their incentive designs.
In Actuarial & Insurance Management Solutions you’ll work with clients from the insurance industry (both life and general insurance), but also those in retail and investment banking, non-financial services corporates like energy and utilities, plus healthcare and the public sector. 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.
Your training and development:
Your training combines on-the-job coaching, formal courses and study for professional qualifications.
During your first few years, you'll divide your time between working in the office, visiting clients and studying to qualify as an Actuary with the Institute and Faculty of Actuaries. You start working towards this during your induction training and it's a hefty commitment, calling for a great deal of self-discipline and motivation.
You’ll benefit from:
- a structured induction programme
- study leave (about one day a week) and full financial support
- a pay rise each time you pass an exam
- practical experience
What makes us different
In short, this is your chance to enjoy a huge variety of experiences, develop an enormous breadth of skills and build relationships that will stay with you throughout your life. Like all PwC people, you can also look forward to a competitive salary and a personally tailored benefits package.
Who we look for
- A 2:1 or above in any degree discipline
- A UCAS tariff of at least 320 (or equivalent) including a B in maths at A-level
Equally important will be your ability to build relationships, to put yourself in others’ shoes and make a positive impact on our clients and us, while shaping your own future.
Exceptional exam results or exceptional potential?
But maybe you don’t have the grades we’re after because you’ve invested time in extra-curricular activities that show you’re exceptional. If so, you could still join us. ‘Inspired Talent’ is our entry route that recognises exam results aren’t the only way to prove you have potential.
How to apply
Start the ball rolling at www.pwc.com/uk/careers
(You don’t have to be a registered Milkround user to apply)