Actuarial Intern

We are seeking dynamic and highly-motivated individuals to join our Life and Financial Services practice in the UK for a paid internship this summer.

Milliman’s Life and Financial Services practice in the UK offers a high standard of consulting services to financial services providers such as life insurance and reinsurance companies, asset managers, investment banks and regulatory bodies. Our consulting services for our clients include merger and acquisition services, restructuring advice and implementation, independent review, Chief Actuary and With-Profits Actuary roles, and risk and capital management services. Our client base includes firms in the UK, Europe and the US.

You will gain an excellent understanding and experience of the actuarial role by working alongside our Consultants and Associates delivering actuarial and analytical solutions to our clients. You will be assigned a supervisor who will help and support you throughout your internship.

You should have excellent communications skills, a strong academic record and a keen interest in an actuarial career.

Responsibilities

• Assist with the technical aspects of specific client assignments (including running analytics tools and building models) within the required timeframes;
• Process and handle large data;
• Assist in managing day-to-day interaction with, and expectations of, specific clients;
• Attend client meetings as required;
• Assist in the timely production of reports to clients;
• Understand and comply with the applicable risk management processes and procedures.

Qualification

Requirements

• Strong academic record including A level or equivalent in Mathematics and good progress/ graduate in numerical degree

Knowledge:

Essential

• Good knowledge of Word, Excel and PowerPoint;

Desirable

• Good knowledge of VBA, R or similar;
• Good understanding of, and interest in, Life Insurance

Skills:

Essential

• Highly technical – good analytical skills
• Excellent interpersonal skills.
• Excellent written and oral communication skills
• Effective time management skills
• Good research skills
• Good organisational skills
• Ability to effectively work in a team, as well as independently

Behaviour competencies:

Essential

• Driven to deliver
• Collaborative
• Motivated
• Proactive

Experience:

Desirable

• Mathematical/financial modelling