Apprenticeship · earn while you train · live UK standard from the careers engine
Careermash
BackApprenticeship
Actuary
Level
7
Master's level
Length
3.3 yrs
typical
Sector
Legal, finance and accounting
Pay
Paid
you earn while training
In a nutshell
Analysing data to predict the likelihood and potential financial risk of future events
What you'd do
Carry out actuarial valuations of insurance liabilities or pension funds
Develop and validate pricing models for new or existing products
Interpret regulatory requirements and apply them to technical work
Present risk analysis and recommendations to senior stakeholders
Review and quality-check junior colleagues' model outputs
Research industry trends and incorporate them into forecasts
Collaborate with finance, underwriting, and investment teams
What you'd learn
Advanced probability and statistical modelling for risk assessment
Stochastic and deterministic actuarial valuation methods
Life, general insurance, and pensions technical principles
Financial economics and derivative pricing theory
Regulatory and professional standards governing actuarial work
Strategic communication of complex risk findings to boards
Data science and programming tools applied to actuarial problems
Ready to look for a place?
See live Actuary apprenticeship vacancies on the official government service.
A Careermash concept · apprenticeship standard from our careers engine · vacancies via gov.uk.