Applications for this job are now closed
The Pensions Actuarial team sits within our Workforce network, meaning you’ll help leading UK and international employers make the most of their biggest asset – their people. Typical projects include helping business leaders define their HR and pensions strategy, through to advising clients on how to improve the effectiveness of their workforce.
We also help senior executives across all sectors of the economy understand their global pensions obligations and help them to deliver their objectives, whether that’s with planned design transformations, merger and acquisition integration, scheme funding, liability management or financial reporting.
Programme
Our summer internships offer students invaluable insight into PwC's business and culture. You'll have the opportunity to experience work and life at PwC, and collaborate with experienced professionals on real client projects. The opportunities to learn and grow are unrivalled - so be prepared to get stuck in.
What you'll do
As an Actuary in Pensions, you’ll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen.
As part of a multidisciplinary team, you’ll draw on your problem-solving skills to advise clients on how they should manage both liability and asset risks within their pension plans, negotiate with trustees on how to fund schemes, design plans to help employees save for retirement and advise on potential mergers or acquisitions. Using our market‑leading pensions analytics tools and range of expertise, you’ll help clients develop and implement their pension strategy or benefits scheme.
What you'll gain
Join us and learn about our business, build your networks and work alongside specialists in your chosen business area. You’ll receive on the job training that will prepare you for work on client projects to give you the best insight into what we do and what really matters to our clients, the economy and the wider community.
Our internships are designed to give you the chance to launch the start of your career and, based on performance, the opportunity to join one of our Graduate Programmes after you graduate.
Graduate offers will be for the same office and business area in which you completed your internship.
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; and
- You'll need to have achieved or be on track to pass an undergraduate degree or above in any subject. We determine whether you're on course to pass based on the grades you achieved in your last completed year of academic study.
Although we do not look for any specific degree or A Level subjects, please note that the Institute and Faculty of Actuaries (IFoA) offers some guidance to those considering a career as an Actuary: https://www.actuaries.org.uk/becoming-actuary/route-becoming-actuary. The IFoA qualification syllabus is rigorous and the examinations are highly demanding, so they recommend applicants have a maths-based degree. If you do not have a maths-based degree, they recommend you take one of their non-member exams to prepare you for the IFoA qualification process.
When to apply
Once you have submitted your application you'll have seven days to complete the online test, this is the first stage of our recruitment process.
Assessment centres for this role will take place between 19 February - 4 March 2024. We expect to be able to give you at least a week's notice to attend.
Applications for this role may close early should we receive a high volume of interest so we recommend prompt application to avoid disappointment.
