Actuarial Technician Apprentice

Summary

Imagine what’s next. Imagine developing knowledge and insight to help millions of our insurance customers make the right decisions for their needs. Make it real. Apply now for our Actuarial apprenticeship programme.

Annual wage

£25,000 a year

Minimum wage rates (opens in new tab)

You will join us on a fixed apprenticeship salary where you’ll be eligible for annual pay reviews. Upon successful completion of the apprenticeship, your salary will be increased in line with the grade and pay range for your role.

Training course

Actuarial technician (level 4)

Hours

Monday to Friday, working hours TBC

35 hours a week

Possible start date

Monday 1 September

Duration

2 years 3 months

Positions available

3

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

Your apprenticeship journey will take around 27 months to complete and cover things such as:

Practical mathematics and statistics
Financial mathematics
Money laundering
Actuaries code

Where you’ll work

Bristol

BS1 5LF

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 UNIVERSITY LIMITED

Your training course

Actuarial technician (level 4)

Equal to higher national certificate (HNC)

Course contents

Obtain, analyse, model and interpret data to solve actuarial challenges and meet stakeholder objectives.
Analyse and logically apply actuarial techniques to given requirements and understand actuarial principles and calculations.
Plan and deliver actuarial tasks such as analysis and calculations within the required timescales.
Adapt to new requests or unforeseen events to maintain delivery of actuarial tasks.
Develop and maintain stakeholder relationships through providing a responsive service.
Identify internal stakeholder requirements and manage expectations as necessary.
Use digital applications and software to deliver data analysis, data visualisations and mathematical models to assist in actuarial tasks.
Use digital technologies safely and securely to protect the organisation from risks such as cyber-threats and data breaches.
Tailor communication techniques for different stakeholders.
Maintain internal documentation to ensure a clear and identifiable audit trail of decision making and analysis.
Obtain, analyse, model and interpret data to solve actuarial challenges and meet stakeholder objectives.
Analyse and logically apply actuarial techniques to given requirements and understand actuarial principles and calculations.
Plan and deliver actuarial tasks such as analysis and calculations within the required timescales.
Adapt to new requests or unforeseen events to maintain delivery of actuarial tasks.
Develop and maintain stakeholder relationships through providing a responsive service.
Identify internal stakeholder requirements and manage expectations as necessary.
Use digital applications and software to deliver data analysis, data visualisations and mathematical models to assist in actuarial tasks.
Use digital technologies safely and securely to protect the organisation from risks such as cyber-threats and data breaches.
Tailor communication techniques for different stakeholders.
Maintain internal documentation to ensure a clear and identifiable audit trail of decision making and analysis.

Your training plan

Actuarial Technician Level 4.

Requirements

Essential qualifications

GCSE in:

English (grade 4-9)
Maths (grade 4-9)

A Level in:

Any subject (grade A*-C)
Any subject (grade A*-C)
Maths (grade B)

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
Problem solving skills
Team working
Creative
Staying positive
Aiming high

About this company

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

https://www.lloydsbankinggrouptalent.com/ (opens in new tab)

Company benefits

Benefits include: a generous pension contribution of up to 15%; an annual bonus award, subject to Group performance; share schemes; benefits you can adapt to your lifestyle, such as discounted shopping; 22 days’ holiday, with bank holidays on top

Disability Confident

A fair proportion of interviews for this apprenticeship will be offered to applicants with a disability or long-term health condition. This includes non-visible disabilities and conditions.

You can choose to be considered for an interview under the Disability Confident scheme. You’ll need to meet the essential requirements to be considered for an interview.

After this apprenticeship

On completion of the level 4 apprenticeship, you will progress to a higher-level apprenticeship with a view of becoming a fully qualified Actuary.

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