Actuarial Graduate Scheme
Imagine what’s next. Imagine developing knowledge and insight to help millions of our insurance customers make the right decisions for their needs. Make it real. Apply now for our Actuarial Graduate Scheme and Help Britain Prosper.
Duration
4 years
Salary
£42,000 + fantastic benefits
Location
Edinburgh, Bristol. We support hybrid working with a mix of office and home days.
Qualifications
As part of this scheme, we'll support you to qualify as an Actuary and become a Fellow of The Institute and Faculty of Actuaries.
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 fit.
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.
Locations
Edinburgh, Bristol. We support hybrid working with at least two days a week in the office. We'll agree on specifics once you join.
Closing date
The closing date for applications for our Actuarial Graduate Scheme is TBC.
Our graduate schemes may close early if we receive a high number of applications, so it’s best to apply as soon as you can.
How to Apply
Our application process is designed to help you shine. We want everyone to feel they belong and can be their best, regardless of background, identity, or culture.
Find details, including stages and tips for success, on our how to apply page.
The application process
Ready to take the next step? Find out how to apply for our industrial placements here.
Meet Varoosha
When it came to building a meaningful career, relying on a logical mindset was the smart choice for Varoosha. After her work placement with Lloyds Banking Group as a teenager, it was the natural place for her to start her career
Want to explore more?
Diversity, equity and inclusion
As a Group, we’re guided on how we do things by a clear set of values. Part of that involves creating a supportive environment for all our colleagues that is truly representative of modern-day Britain.
FAQs
Looking for help with your application? Need to know more about the interview process? Search our FAQ page to find useful information, tips and support.
Why LBG?
We're a financial services group, with millions of customers and a presence in almost every community. Our purpose is to help Britain prosper, by meeting our customers ever-changing financial needs.
