Actuarial Graduate Scheme

Actuarial Graduate Scheme

Imagine developing knowledge and insight to help millions of our insurance customers make the right decisions for their needs.

Help grow our business as we help customers plan for the future

Come and play a crucial role in the success and integrity of our business. As a trusted insurance provider to millions, we must make the right decisions for both our business and our customers. Our Actuarial teams make sure we do.

By helping customers protect what matters most to them, our insurance business plays a key part in our drive to Help Britain Prosper. We're one of the largest insurers in the UK, supporting around six million customers every day with their insurance, pensions, and investment needs.

Our Actuarial teams make sure colleagues and decision-makers have everything they need to understand insurance risks, making sure we always operate responsibly.

Is our Actuarial Graduate Scheme for you?

Is problem-solving your thing? Love maths and critical thinking? Training as an Actuary could be your perfect match.

On this scheme, we’ll share the full scale of our insurance business and give you a detailed insight into everything that being an Actuary has to offer. Think insurance is dull? Think again. The work is fascinating, challenging and full of variety.

You’ll take complex information and turn it into plain English for non-specialist colleagues. So, you’ll need to be a good communicator, and always be looking to learn, ready to work hard to make a positive difference to our business and customers.

An important part of this scheme will involve completing Actuarial exams aimed at providing you with the knowledge and skills to be successful in your role and qualify as an Actuary. But don’t worry, we’ll provide you with industry leading study support, to help you every step of the way.

What you’ll learn

Over four years, you’ll complete a series of placements across our insurance business, gaining knowledge and experience that could include:

• Coding complex insurance models.

• Monitoring and reporting on our business performance.

• Making sure we’re up to date with industry regulations.

• Monitoring the risks posed by climate change.

You’ll be matched up with a buddy or mentor to support you and offer guidance throughout the scheme, and you’ll have access to technical and business-aligned training, including platforms such as Viva Learning and Learning Management systems, to further help your development.

With opportunities for extracurricular activities to expand your skills and experience across the bank, and with introductions to colleague networks, you’ll make great connections to further your career.

Ready to make an impact? Everything you do will be helping colleagues understand our business and make smart, informed decisions that help millions of customers.

Requirements

What you need to apply

• A 2:2 degree or above in any subject area from any university

• Legal right to work in the UK at the start of employment, we are unable to offer sponsorship for this programme

Locations

This scheme operates in Bristol and Edinburgh. You will be in one location for the duration of your scheme. We support hybrid working with at least two days a week in the office

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.