Actuarial UK Graduate Apprenticeship Programme
BEAZLEY MANAGEMENT LIMITED
Birmingham, B3 2DX
Closes in 26 days (Friday 1 November)
Posted on 30 September 2024
Contents
Summary
Join Lloyd’s largest syndicate and be part of a global operations team, supporting our Underwriting and Claims team. Underwriting and Claims Operations teams provides bespoke support to Underwriters and Claims Managers worldwide Great benefits including paid travel to work, paid lunch, £100 lifestyle allowance, pension contribution.
- Annual wage
- £33,000 a year
- Training course
- Actuary (level 7)
- Hours
-
Monday - Friday, 9.00am - 5.00pm. Hybrid working available & flexible hours (depending on team accommodation)
35 hours a week
- Possible start date
-
Monday 1 September
- Duration
-
2 Years
- Positions available
-
2
Work
As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.
What you’ll do at work
- Training the Actuaries of the future, teaching that no problem is out of reach
- The Actuarial function at Beazley comprises a range of diverse teams whose goal is to fundamentally help manage risk and provide insights to the business through complex modelling and statistical analysis
- Our Actuarial function is made up of Reserving, Capital, Analytics, Pricing, IFRS 17 & Reporting and BIDAC teams which are overseen by the Chief Actuary. We team members in the UK, Republic of Ireland and across the US
- Our actuaries are experts in their areas, undergoing years of professional qualifications as well as having significant industry experience and keeping up to date with industry developments to ensure we stay at the cutting edge of our profession
- Join the Beazley actuarial grad programme and work across one of our various teams to drive real business value through modelling and insights
- We offer our graduates a multi-year immersive training experience as well as help you to progress on a clear path to qualification
Where you’ll work
Cornerblock
2 Cornwall Street
Birmingham
B3 2DX
Training
An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.
College or training organisation
BPP ACTUARIAL EDUCATION LIMITED
Your training course
Actuary (level 7)
Equal to master’s degree
Course contents
Your training plan
- Actuary (Degree) Level 7 Apprenticeship Standard
- Apprentices without level 2 English and maths will need to achieve this level prior to taking the end-point assessment
More training information
- The Actuary standard requires registration with the Institute and Faculty of Actuaries (IFoA). Before apprentices can progress through the gateway, they must complete the Personal and Professional Development requirements of the IFoA Associateship level and pass IFoA exams: CT1 to CT9 (inclusive) and CA1 to CA3 (or the equivalent exams following the syllabus changes for the 2019 exams, ie CS1-2, CM1-2, CB1-3, CP1-3)
- On completion, apprentices are eligible to apply for Associateship membership of the IFoA, subject to completing any further requirements as required by the professional body. As well as ensuring full competency as an Actuary, this standard provides the foundation for progression into Fellowship of the Institute and Faculty of Actuaries
Requirements
Essential qualifications
A Level in:
- Maths (grade A)
- Any numerical degree (grade 1st or 2:1)
Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.
Skills
- Communication skills
- IT skills
- Attention to detail
- Organisation skills
- Problem solving skills
- Presentation skills
- Administrative skills
- Number skills
- Analytical skills
- Logical
- Team working
- Initiative
About this company
Beazley is a specialist insurance company with over 30 years’ experience helping people, communities, and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions, and contingency, covering risks such as the weather, film production or protection from deadly weapons.
http://www.beazley.com (opens in new tab)
Company benefits
Annual bonus, Reimbursed office travel up to £3250 per year, £100 monthly lifestyle allowance, £550 remote office set up allowance, additional holiday buy scheme, flexible bank holiday policy, private healthcare, generous pension + many more
After this apprenticeship
- Once completed the apprenticeship you will roll off into a permanent role in the Actuarial department
Ask a question
The contact for this apprenticeship is:
BPP ACTUARIAL EDUCATION LIMITED
The reference code for this apprenticeship is VAC1000204035.
Apply now
Closes in 26 days (Friday 1 November)
When you apply, you’ll be asked to sign in with a GOV.UK One Login. You can create one at the same time as applying for this apprenticeship.
After signing in, you’ll apply for this apprenticeship on the company's website.
Company’s application instructions
Our application process is designed with you in mind, we aim to make the process as interactive and as two-way as possible- we want you to get to know us as much as we get to know you! All stages are designed to assess your future potential – not any experience you may or may not have. Behind the scenes we also undertake adverse impact testing at each stage to ensure that our processes are fair and equitable. If you have any adjustment requests, you can let us know at any time. Best of luck!