Actuarial technician

Level

Higher

Length

2 yrs

typical

Sector

Legal, finance and accounting

Pay

Paid

you earn while training

In a nutshell

Supporting senior colleagues to help manage risks for clients. This will be through the use of actuarial techniques and building mathematical models

Extract and clean data from internal systems for analysis

Build and run actuarial models using specialist software

Check model outputs for errors and sense-check results

Prepare tables, charts, and summaries for actuarial reports

Assist with pricing reviews or liability valuations

Research market data and industry statistics to support projects

Attend technical team meetings and contribute to discussions

Statistical and mathematical techniques used in risk modelling

Actuarial software and spreadsheet modelling skills

Insurance and pensions product structures and pricing

Data quality checking and validation methods

Core actuarial concepts including mortality and interest rates

Written and verbal communication of technical findings

Regulatory frameworks governing actuarial work in the UK

Ready to look for a place?

See live Actuarial technician apprenticeship vacancies on the official government service.

A Careermash concept · apprenticeship standard from our careers engine · vacancies via gov.uk.