Actuarial Summer Internship

by PwC

Best Student Employers
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Job Details

Deadline: 14th June 2022
Length: Internship (1-4 Months)
Roles: Actuarial
Location: South West, North West
City: Bristol, Manchester

Summer Internship, Actuarial Services, Bristol, 2022

As one of the UK’s largest Actuarial practices we’re market leaders providing insights and solutions for all businesses that face significant and complex risks. We play an important role in supporting clients through uncertain times. Actuaries analyse how future events could affect businesses and we calculate the impact these events could have on our clients. Using our risk and analytical skills and predictive insights, we calculate the impact of changing demographics or legislation on pension schemes, the effects that changes in financial markets have on different organisations, or how likely a business is to be hit by an earthquake. You’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you’ll develop a flair for presenting your findings in simple, easy‑to‑understand language. What’s more, early client exposure will broaden your experience.

Business Area

Actuarial Services is part of our Risk business. The world of risk is changing. Today's business environment is different. More complex. More connected. More volatile. While this environment makes it much harder to predict where new risks will come from, we believe that it represents an opportunity for businesses to transform and innovate. We work with our clients to protect and strengthen every aspect of their business, from people to performance, systems to strategy and business plans to business resilience. Through our invaluable insights and independent assurance, we can help our clients to discover and unlock real value. We’re investing in growth and innovation. Our people are supported by the right tools and technology to strengthen our business and stay at the cutting-edge of new techniques. We nurture bold and dynamic behaviours to push the boundaries and be truly distinctive in the market.

Actuarial Services

Our Actuarial Services team sits within Risk Modelling Services, where you’ll work with clients from the insurance industry (both life and general insurance), but also from the banking sector (retail and investment), the healthcare sector, the public sector, as well as corporate clients from the non‑financial services sector like energy and utility providers.

Programme

Our Summer Internships offer high calibre students the opportunity to experience work and life at PwC, and gain a valuable insight into our business and culture. You’ll work alongside graduate trainees and experienced professionals on live and interesting client projects. You will be doing real work on real clients so be prepared to get stuck in.

What You’ll Do

Your advice could cover solvency, assessing liabilities (including providing assurance over the liabilities of our financial services audit clients), economic capital, risk management, mergers and acquisitions, company restructuring and de‑risking, financial modelling, stress and scenario testing, underwriting, new legislation, the viability of new products, Environmental, Social and Governance (ESG), and the efficiency of claims or reporting processes.

What You’ll Gain

Discover what a career with us is all about, and boost your employability. You’ll find out first-hand if this is the career for you – do well, and you could be offered a graduate job. Working alongside specialists, you’ll work on client projects to give you the best insight into what we’re about. You’ll have the opportunity to build networks with your colleagues and peer group.

What you’ll need

  • You’ll need to be in your penultimate year of an undergraduate or postgraduate degree; or You’ll need to be in your final year of an undergraduate degree with a one year postgraduate place confirmed.
  • You'll need to have or be on course for a 2.1 degree or above in any subject. We determine whether you're on course for a 2.1 based on the grades you achieved in your last completed year of academic study.

When To Apply

Although there is no application deadline, each year we have only a small number of roles available. We therefore advise applying early, but please be prepared for a short wait in processing your application at each stage of our process while we consider your application alongside others.

About PwC

Our purpose is to build trust in society and solve important problems. Helping clients and communities address the biggest challenges they face has never been more important. Our global strategy, called The New Equation, brings our purpose to life by bringing our people together to solve problems, often in unexpected ways to reflect the unique challenges of our times. We employ over 22,000 people across the UK, and attracting and retaining the best people is critical - as is empowering you with the best technology to power innovation.

How to apply

To apply for this role and to find out more, please click on the apply button.

Applications may close before the deadline, so please apply early to avoid disappointment.


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