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Actuarial Apprenticeship

Job in Swindon, Wiltshire, SN1, England, UK
Listing for: Zurich Insurance
Apprenticeship/Internship position
Listed on 2026-02-12
Job specializations:
  • Finance & Banking
    Financial Consultant, Financial Analyst, Actuary, Risk Manager/Analyst
  • Insurance
    Financial Analyst, Actuary, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 24479 GBP Yearly GBP 24479.00 YEAR
Job Description & How to Apply Below
Position: Actuarial Apprenticeship 2026 )

Actuaries use maths and statistics to help us predict and manage risks. This helps us understand when our customers might need our support. Our actuarial apprenticeship programme will help you learn how to analyse data, assess risks and create models to drive intelligent decision‑making. You'll work alongside expert actuaries and use your numerical, team‑working, communication and interpersonal skills while working on our products, pricing or reserving.

Role

Responsibilities
  • Figuring out risks and how much things should cost.
  • Build models to predict future outcomes.
  • Calculate the cost of life insurance policies based on different scenarios.
  • Create reports to share your findings.
  • Make sure everything follows the rules.
  • Give advice on smart ways to invest and plan finances.
  • Keep an eye on insurance programmes to make sure they stay strong.
What to Expect

During your actuarial apprenticeship, you'll:

  • Use actuarial tools to analyse data and calculate the likelihood and costs of certain events.
  • Improve your communication skills and enhance your ability to plan, prioritise, analyse, and understand the professional landscape.
  • Engage in daily activities like solving problems, building and coding models, creating and editing Excel spreadsheets, analysing data, and providing insights.

You'll also learn about mathematical concepts related to insurance. Your specific tasks will depend on your strengths and the needs of the team.

Eligibility

Full right to work and reside in the UK – Due to government regulations, we cannot accept applications from those who require a visa to live and work in the UK. You must have the indefinite right to live and work in the UK and have resided here for a minimum of three consecutive years.

Qualifications
  • Minimum of three A Levels at A‑C (or equivalent), including an A or A in maths.
  • A minimum of five GCSEs (or equivalent) at grade C/4 including Maths and English.
  • A professional attitude with a positive 'can do' approach to your work.
  • Strong interpersonal and communication skills.
  • Ability to build strong working relationships.
  • Strong IT skills; knowledge of Excel is preferable (but not essential).
  • Comfortable with maths and a logical mindset.
  • Appetite to learn.
  • Effective personal planning and organisation.
Compensation
  • £24,479 starting salary.
  • 12% company pension contribution.
  • Annual company bonus.
  • Private medical cover.
  • Discounted gym membership.
  • Discounted gadget insurance.
  • Discounted technology offers.
Time Off
  • 28 days holiday a year plus bank holidays.
  • Three days paid volunteering.
  • Up to 16 weeks full pay for maternity, paternity and adoption leave.
  • Option to buy up to an additional 20 days or sell some of your holiday.
Health & Wellbeing
  • Access to private medical insurance.
  • Virtual GP appointments.
  • Free flu jab.
  • Access to a wealth of support from our wellbeing partners.
  • Discounted gym membership.
Company Commitment
  • Creating a brighter, more sustainable future underpins all that we do here.
  • We were the first insurer to sign the 'UN Business Ambition for 1.5 C' pledge.
  • Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

We put our customers at the heart of everything we do, and we're looking for like‑minded people to join us. We're passionate about diversity and inclusion – you can bring the whole of yourself to work, and personal needs are respected. We give you the opportunity to innovate the future of Zurich and make a difference.

As well as joining a company that is passionate about our people, sustainability and our customers, we also have a competitive rewards and lifestyle benefits package.

Please note we are unable to progress your application if you don't meet our criteria listed above. Please ensure you have the right to reside and work in the UK before you apply, as we are unable to provide sponsorship. You must have resided in the UK for a minimum of three consecutive years in order to apply.

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