Actuarial Internship

£30,012 + up to 10% annual bonus + excellent benefits

• Gain experience in our Actuarial Team
• Put your methodology into practice
• Hybrid role with 60% homeworking and 40% in Stratford-upon-Avon
• 1 Year Fixed Term Contract – Summer 2025 start date

About the role:

We have a great opportunity to join our Finance department here at NFU Mutual as an Actuarial Analyst on a 1-year fixed term contract. This opportunity is for a university undergrad student who is currently doing an Actuarial Science or Mathematical subject and wants to do a year in industry as part of their degree or wanting to take a year out to gain first-hand experience. You’ll be able to gain experience of actuarial work in practice, covering a variety of tasks and the chance to meet and understand the work of other teams in the department. This is a great opportunity to gain insight into an Actuarial career and you will be a valued member of the team.

You’ll gain experience in assisting in the delivery of short-term tasks and the opportunity to identify improvements in data analysis techniques. Through the support of the team you will collect, check, and analyze data to allow it to be used in actuarial calculations. Your role will cover a wide range of actuarial tasks from assisting in the calculation of quarterly reserves for our business to creating MI to investigating anomalies and recommending amendments as part of the data cleansing process.

This role is based in our Tiddington Head Office, just outside Stratford-Upon-Avon. However, we understand how important a positive work-life balance is, so to help you give your best, we offer great facilities when you want to be in an office environment and support to work up to 60% of your hours from home.

Please note start date to be summer 2025 and internally this role is known as Actuarial Analyst.

About you:

As someone who is passionate about math’s, you'll have a genuine passion and career aspirations to work in the Actuarial field. You will have an inquisitive mindset, be proactive and be a good problem solver, as well as being particularly good with numbers. You’ll also be confident in Microsoft packages and in Excel.

To join our team, you’ll also be or have:

• Able to communicate clearly & confidently with all levels of stakeholder
• Excellent attention to detail with a high level of accuracy, and able to multi-task
• The ability to simplify complex information
• Math’s A level at A* or A. At least two other A-levels at grade B or above
• Working towards an honour’s degree (2:1 or above) in actuarial science, mathematics, statistics, economics or another degree with significant mathematical content

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Benefits and Rewards:

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary £30,012
• Annual bonus (up to 10% of salary pro rata)
• Contributory pension scheme, up to 20%, including your 8% contribution
• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• A Family Friendly policy that helps you balance your work and family responsibilities
• Access to savings at High Street brands, travel and supermarkets
• £20 contribution to a monthly gym membership – subject to T&Cs
• Health and wellbeing plan - cashback for dentist, opticians, physio and more
• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
• Employee Volunteering - volunteer in the community for one day each year
• Unlimited access to Refer a Friend £500 bonus scheme
• Life Assurance cover of 4 x salary
• Employee discounts of 15% on a range of NFU Mutual insurance policies.

Working at NFU Mutual:

We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being "a great place to work” and we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024.

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.