Actuarial Graduate Programme

Job Details

Actuarial Graduate Programme

Programme Overview:

PwC’s Graduate Actuarial – Risk Modelling Services programme offers you the chance to work at the forefront of actuarial science and risk management, supporting clients across various industries in managing and mitigating their financial risks. As part of our team, you’ll help deliver innovative actuarial solutions that address the complex and evolving challenges facing today’s businesses.

Throughout this programme, you’ll work with PwC’s global clients, assisting them with a wide range of actuarial services, including financial modelling, capital management, stress testing, and insurance risk modelling. You will also have the opportunity to work towards a professional actuarial qualification while gaining hands-on experience and access to PwC’s world-class training resources.

Key Responsibilities:

• Build and apply actuarial models to assess and quantify risks related to insurance, pensions, and other financial sectors.
• Provide actuarial consulting services on capital adequacy, regulatory reporting, valuation of liabilities, and risk management strategies.
• Assist clients with financial projections, stress testing, and Solvency II requirements to ensure they meet regulatory standards.
• Develop insights from large datasets using advanced analytics and modelling tools to deliver practical solutions.
• Collaborate with PwC’s wider Risk Modelling Services and Risk Assurance teams to deliver comprehensive and tailored services to clients.
• Support clients with pricing, reserving, and underwriting strategies, helping them optimise their risk and capital positions.

Training and Development:

This graduate programme provides full support to help you achieve a professional actuarial qualification with the Institute and Faculty of Actuaries (IFoA). PwC offers study leave, mentorship, and financial support for your exams, as well as continuous professional development opportunities to help you grow both technically and professionally.

You’ll participate in structured training sessions that cover both the core actuarial disciplines and the latest technologies, including advanced data analytics, machine learning, and actuarial software tools.

What to Expect:

• Exposure to a diverse range of industries, including insurance, banking, pensions, and investment sectors.
• Work on projects that focus on emerging risks and regulatory challenges, such as climate change impacts, cybersecurity, and pandemic risk.
• Hands-on experience in financial modelling, stress testing, capital management, and actuarial reporting.
• Collaboration with teams across different service lines, including PwC’s audit, consulting, and technology groups.

Who We're Looking For:

We’re seeking graduates who have a passion for problem-solving, risk management, and working with data. To succeed in the Graduate Actuarial – Risk Modelling Services programme, you should have:

• Strong analytical and mathematical skills, with an ability to interpret and model complex financial data.
• An interest in understanding how financial risks impact businesses and how to mitigate them using actuarial models.
• Excellent communication skills and the ability to work collaboratively with diverse teams.
• A proactive approach to learning and a desire to work towards a professional actuarial qualification.
• A 2:1 degree (or equivalent) in a numerate discipline such as mathematics, statistics, actuarial science, engineering, economics, or physics.

Benefits:

• Competitive starting salary and performance-based bonuses.
• Full support for professional actuarial qualifications, including paid study leave and exam fees.
• 25 days annual leave, with options to purchase additional days.
• Access to PwC’s extensive learning and development resources.
• A wide range of employee benefits, including private healthcare, flexible working arrangements, and gym memberships.
• Opportunities to work on high-profile projects with PwC’s global clients.

About PwC

We work to build trust, deliver sustained outcomes and help clients solve their most important problems by combining human ingenuity and understanding with the right technology. Join us in Actuarial, Audit, Business Solutions, Consulting, Deals, Legal, Operate, Risk, Tax or Technology.

Our global strategy, called The New Equation, brings our purpose to life by bringing our people together to strive for imaginative ways of solving our clients' most important challenges. We’re investing in the areas that matter most. Building out our capabilities in ESG and Net Zero, and combining the diverse experiences and skills of our people with innovative technology to build trust and deliver sustained outcomes.

Employing over 25,000 people across the UK, attracting, retaining and investing in the best people is critical. In some areas, this could mean working towards a professional qualification. In return we ask that joiners are eager to learn, with business awareness, intellectual and cultural curiosity and the ability to build strong relationships. We encourage our people to work together to drive impact and deliver quality to our clients.

Graduates and undergraduates can expect to be part of a stimulating environment working on challenging projects in a culture that embraces difference and empowers them to think differently. Uniqueness and innovation is valued at PwC which is why we have The Deal for all employees that ensures the experience of working here is right for everyone. Your hard work and accomplishments will be recognised and rewarded with a competitive salary and tailored, flexible benefits.

Join our human-led, tech-powered team. Be a part of The New Equation.

How to Apply:

Applications for the Graduate Actuarial – Risk Modelling Services programme are open to students from numerate degree backgrounds. PwC is committed to creating a diverse and inclusive workplace, and we encourage applications from individuals of all backgrounds.

To apply, submit your application through our careers portal, highlighting your motivation for pursuing a career in actuarial science and your suitability for the role.