Trainee Actuary

Job Description Summary Job Description Trainee Actuary Permanent Aegon is one of the world's leading providers of life insurance, pensions and asset management. Our mission is to help people achieve a lifetime of financial security, and we’re investing in innovation that can make people’s finances work harder. From online technology that gives one-stop access to a universe of investment opportunity – to retirement products that make wealth planning simple, easy and fulfilling – we’re dedicated to getting people closer to their financial goals every day. We know how perplexing the future can seem and how difficult it can be to make sense of the choices that lie ahead. This is why we rely on our actuaries. In such a changing world, actuaries are crucial in analysing past events, assessing present risks and forecasting the impact of tomorrow’s uncertain events. The contribution they make to the world of financial management can’t be overstated – without them, we would be making decisions in the dark. We help people live their best lives. We help them with the big stuff, for the moments that matter: Pensions, Insurance, Savings, Investments. We are looking for an experienced/part-qualified actuarial trainee to join our graduate actuarial trainee programme. We are looking for someone with at least 1 years’ experience in an actuarial role previously and who has exemptions for or has passed at least 3 IFoA Actuarial exams. This is a highly specialised profession, and the demands of these positions call for unique individuals. You will have the following skills -

• Highly self-motivated, with the drive and stamina to act on your own initiative
• A team player with excellent communication skills
• Someone who thrives on responsibility and challenge
• Passionate about the personal fulfilment these opportunities bring
• Able to analyse and interpret large amounts of complex data
• Able to solve problems and find innovative solutions

What you will be responsible for Actuaries are at the very heart of our business, and on this training programme you might find yourself working across key business areas. You could be involved in:

• Assessing liabilities and profits
• Designing or testing new products
• Identifying new markets
• Working on the technical and legislative side of financial reporting

This rotational system gives you the opportunity to build strong relationships across the business and further develop your skills – not to mention helping you construct a well-rounded picture of how our business operates. You’ll benefit from the training and development opportunities you would expect from a leading global organisation. At the same time, we’re still of a size that allows individuals to stand out, which means we’ll listen to and respect your findings – and act on them. It’s an exciting opportunity, but we can’t deny the amount of rigorous training you’ll have to undergo – and we don’t make any excuses for it. After all, it’s critical that we can rely on your advice. It takes an average of three to six years to be fully qualified, although this very much depends on the individual, as your degree may qualify you for some exam exemptions. We’ll be there to support you every step of the way, with study leave which is flexible enough to be taken when you feel you need it. We pay for your course and exam fees and back these up with all your study materials and regular external tutorials. You’ll also benefit from balancing real-world situations with the academic. Plus, you’ll get your own Career Manager to oversee your development, plus regular salary increases in line with your performance and exam passes. Education & Preferred Qualifications & knowledge

• At least 1 years’ experience in an actuarial role previously
• Have exemptions from or have passed at least 3 IFoA Actuarial exams (excluding CB3)

What’s in it for you?

• As well as a competitive salary starting from £30,000 (which assumes no IFoA exam passes), you’ll also be eligible for stepped salary increases, provided exam and performance standards are met. The salary offered will depend on your IFoA exam passes.
• A competitive study support package
• A non-contributory pension between 8%-12%
• A discretionary bonus, depending on personal and company performance
• 34 days leave per year (including bank holidays, pro-rated for part-time)

We know our staff have busy lives and commitments outside work, so we work flexibly where possible and have a hybrid approach to office working (typically 2 days in the office per week, 3 from home). We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our staff live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments. Closing date: Sunday 9th July 2023. The legal bits We’ll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references. Equal Opportunity Employer: We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their age, disability, race, religion/belief, gender, sexual orientation or gender identity.