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Trainee Actuary

Trainee Actuary

location10 S Colonnade, Canary Wharf Estate, London E14 4PU, UK
remoteOn-Site
ExpiresExpires: Expiring in less than 2 weeks
Finance
Full time
£37,768 - £48,281 per year

Job summary

The Government Actuary’s Department (GAD) are at the centre of actuarial expertise within government. We enable government to better understand and quantify risk and uncertainty and in turn help shape better outcomes for the UK public. We do this on our core work by diving into client challenges and ensuring our advice enables success. We identify critical challenges to co-create solutions with our partners so that actuarial expertise can have more impact on significant policy initiatives.

We are an inclusive organisation that values the unique perspectives and strengths of a diverse team, supported through our staff networks and active Diversity and Inclusion strategy, we ensure everyone has the opportunity to thrive. We are seeking motivated individuals to join our analytical team, where your contributions will be valued, and your voice heard.

Job description

As a Trainee Actuary, you’ll play a crucial role at the Government Actuary’s Department (GAD) by collaborating with a diverse team of professionals to produce high quality, impactful advice and analysis for government.

This will include actuarial advice across government in a wide range of areas including:

  • applying actuarial and modern data science techniques to allow government to better understand and manage risks for important policies affecting the entire UK.
  • managing costs and risks across the public service workforce, including the design and operation of public service pension schemes.
  • understanding insurance risks and costs affecting government, including clinical negligence in the NHS.
  • delivering bespoke advice on financial and demographic risks facing government, including social security benefits.

Our aim is to integrate analytical and actuarial techniques into government operations to enhance decision making and improve outcomes for both decision-makers and the public.

We're dedicated to making a positive impact through innovative solutions and our typical areas of our work include the effective management of social security, pensions and risk-pooling arrangements, as well as bespoke advice including disaster risk protection.


N.B. GAD is not seeking support from recruitment agencies on this campaign

Person specification

  1. Produce actuarial analysis to inform GAD’s advice to government departments, across areas of insurance, investments, pensions, and risk.
  2. Support client engagement by drafting reports and advice as well as providing support in meetings and presentations.
  3. Manage your time to deliver your work to time and budget. You may also be responsible for assisting with broader project management and development of junior staff.
  4. Proactively develop your knowledge and understanding of actuarial methods and analysis, data science, the issues and risks facing government as well as how GAD can best provide advice to our clients.
  5. Identify and suggest new ways of working and areas where GAD can provide advice.
  6. Work within GAD’s professional standards and departmental procedures and guidance notes.
  7. Use MS Office and modern data science languages such as R and Python to carry out analysis and prepare advice for clients.

This job description is a broad reflection of the current duties. It is not an exhaustive list, and changes may be required, based on GAD’s immediate operational needs which are at the discretion of the relevant Unit Director and in conjunction with the post holder.

Behaviours

We'll assess you against these behaviours during the selection process:

  • Working Together
  • Delivering at Pace
  • Communicating and Influencing
  • Seeing the Big Picture

Benefits

Alongside your salary of £37,768, Government Actuary's Department contributes £10,941 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
  • As well as competitive salaries, we offer a substantial package of benefits:

    • Exceptional learning and development opportunities that you can explore alongside your day-to-day work.
    • 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition, we offer 9 days public and privilege days leave per year (pro rata for part time staff)
    • A Civil Service pension with an employer contribution of 28.97%
    • 5 days of paid volunteering leave
    • Up to 9 months maternity leave on full pay + generous paternity and adoption leave
    • Staff reward and recognition bonuses that operate throughout the year.
    • Occupational sick pay
    • Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity, and adoption leave.
    • Access to employee assistance programme which offers staff 24/7 confidential support and resources such as counselling, debt guidance and management advice.
    • The opportunity to join a trade union.
    • A working culture which encourages inclusion and diversity.
    • Salary advances for travel costs, including annual season tickets and cycle-to-work schemes.
    • Access to the Edenred employee benefits system which offers discounts to popular retailers and access to various useful resources such as financial and savings advice.
    • Complimentary BUPA health check for permanent staff.

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance (opens in a new window) for more information on appropriate and inappropriate use.

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours.
  • Selection process details: Copy and paste the below text but amend the dates as appropriate.

As part of the application process, you will be asked to complete:

A CV setting out your career history, with key responsibilities and achievements. Please ensure you provide employment history that relates to the essential criteria, and that any gaps in employment history within the last 2 years are explained.

A Personal statement of up to 500-words explaining how you meet the essential criteria for the role, with particular reference to the criteria provided in the person specification of the JD.

Your CV and Personal Statement will be used to assess the essential criteria listed in the job description.

During the interview you will be assessed on the experience and behaviours listed in the Person Specification and detailed in this advert. The interview will include a presentation, details of which will be sent to those invited to interview.

Application deadline: 2355 hrs on 26 April 2026

Shortlisting: w/c 27 April 2026

Interviews: w/c 4 May 2026

Interview location: In office (London, E14 4PU)

Please apply via our recruitment portal below.

As part of the application form process, please submit your CV and supporting statement. Please do not email your CV outside of this process as it will not be accepted.

Shortlisting criteria is based on the Person Specification as set out in the Assessment Criteria section of the Job Description. Please ensure you provide examples of how you meet the Assessment Criteria; a strong application will also demonstrate that you meet the required criteria that are identified as key for this role. Applications will be shortlisted in line with the essential criteria for the role. The desirable criteria will not be assessed throughout the recruitment process, but will be used in the event of tied scores between candidates. Behaviours will be assessed at sift and interview stage. Candidates who are successful at shortlist will be contacted as soon as possible and advised of the interview process and assessment (exact times and dates will also be confirmed).

A reserve list will be held for a period of 12 months from which further appointments can be made.

Artificial Intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance for more information on appropriate and inappropriate use.



Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

  • UK nationals
  • nationals of the Republic of Ireland
  • nationals of Commonwealth countries who have the right to work in the UK
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
  • individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
  • Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).

Apply and further information

The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

Recruitment team

Further information

The Government Actuary’s Department’s recruitment processes are underpinned by the recruitment principles of the Civil Service Commissioner, which outline that selection for appointment be made on merit on the basis of fair and open competition http://civilservicecommission.independent.gov.uk/civil-service-recruitm… If you feel at any time your application has not been treated in accordance with the values in the Civil Service Code and/or if you feel the recruitment has been conducted in such a way that conflicts with the Civil Service Commissioner’s Recruitment Principles, you may make a complaint, by contacting the recruitment team at recruitment@gad.gov.uk in the first instance. If you are not satisfied with the response you receive you can contact the Civil Service Commissioners.

https://www.gov.uk/government/organisations/government-actuarys-department

Attachments

Trainee Actuary JD Opens in new window (pdf, 582kB)

Salary range

  • £37,768 - £48,281 per year