Advisory & Consulting - Actuarial Graduate Trainee

Position: Advisory & Consulting - Actuarial Graduate Trainee 1 September 2026

Advisory & Consulting – Actuarial Graduate Trainee – Edinburgh

Be among the first 25 applicants. The Final date to receive applications is Friday 2 January 2026. If we receive a high number of applications before this date we will close the role. We encourage you to apply as soon as possible to avoid disappointment. Once your application is submitted, complete the online assessments promptly. In January 2026 we will review all successful applications and advance the strongest candidates to the next stage.

Forvis

Mazars – Who Are We?

Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. In the UK we span 14 offices and have over 3,400 professionals, with 190 partners. We are committed to shaping a better future and support a collaborative, inclusive team where you can grow your skills, explore new opportunities, and contribute from day one. We work with a diverse client base, build meaningful connections, and gain experience that extends beyond your local team.

Together we grow
, belong and impact
.

About The Advisory & Consulting Team

The Advisory and Consulting service line is an award‑winning, global group of entrepreneurial teams. Our roles span a broad and varied scope, enabling us to help clients make meaningful, confidence‑building decisions. With over 800 experts across six business units – Deals and Financing, Financial Services Consulting, Consulting, Infrastructure Finance, Forensics and Completion, and Restructuring & Insolvency – we collaborate to add value and find solutions to a range of financial issues.

About

The Actuarial Team

The Actuarial team is part of the Insurance Risk Consulting (IRC) department, offering traditional actuarial services across general and life insurance, including reserving, capital management, Solvency II assessment, IFRS 17 compliance, and other regulatory requirements. We serve insurance companies across many lines of business—aviation, cyber, property, motor, individual & bulk care annuities, whole‑life, unit‑linked, and more—both in the London Market and Lloyd’s across the UK and Europe.

About

The Role

Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on the financial implications through in‑house reserving models. Graduates in this program will gain expertise in reserving, data analytics, regulatory reporting, and key consulting skills. Supported by a diverse team of experts, you will have access to formal training, e‑learning, and opportunities to work with some of the world’s most recognisable companies.

As

Part of Our General Insurance Team, You Will

• Perform independent calculations to estimate reserves for different classes of insurance;
• Perform detailed testing of claims data to challenge management on trends in large and unusual movements;
• Review the methodology and assumptions selected by management in the calculation of reserves.

As Part of Our Life Insurance Team, You Will

• Create independent cash‑flow models for annuities, whole life, and term assurance, and compare the outputs with client models;
• Review methods to derive assumptions such as lapse, mortality, longevity, trends, morbidity, expenses, discount rates (deterministic and stochastic), and matching adjustments used in the cash‑flow projection models;
• Use actuarial techniques to create independent expectations for annuities, whole life, term assurance, and health products.

Other General Activities Will Include

• Providing support in writing technical reports;
• Assisting in creating presentations in non‑technical language for non‑actuaries;
• Developing client relationships through meetings, social activities, and gaining an understanding of their business/industry.

You will join us as a permanent employee, and the three‑year graduate programme is only the beginning of your career journey at Forvis Mazars.

What We’re Looking For

• On track to achieve or having obtained a 2.1 or above in a relevant degree (e.g., Maths, Physics, Economics, Engineering, or Actuarial Science);
• An ‘A’ or above in A‑Level Mathematics or equivalent qualification;
• Deep curiosity to learn new things and a natural…