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Actuary : Employers and vacancy sources

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From the excitement of Lloyds London Market, to an advisory role with one of the world's leading consultancy firms, an actuarial career is one of the most diverse, exciting and rewarding. With a professional qualification that is recognised worldwide who knows where the future could take you. Find out more about how to become an actuary.

Logo: The Actuarial Profession - Making financial sense of the future

Most actuarial trainees begin their careers in the financial services industry, particularly in the traditional employment areas of insurance and pensions. Employers include:

  • insurance and reinsurance companies;
  • general and specialist consultancies;
  • the public sector.

Career opportunities vary depending on the type and size of employer. Visit The Actuarial Profession  website for a list of employers and to research companies in order to gain a full understanding of the type of work involved in each area.

Consultancy work is an alternative option for actuaries. Of UK Fellows of the Institute and Faculty of Actuaries, 35% work in insurance or reinsurance, compared with 48% working in consultancy or business advisory roles.

The Government Actuary's Department (GAD)  is an independent actuarial consultancy working within government. Their work includes advising public sector organisations in the UK and internationally on insurance-related issues, principally the regulation and supervision of insurance companies.

Lloyd's of London  is a specialist insurance market and runs a graduate programme. For graduate programmes or opportunities run by specific businesses in the Lloyd’s market visit Graduates at Lloyd's .

Sources of vacancies

Recruitment agencies, e.g. CompliantGlobal , sometimes handle vacancies and often advertise in the financial vacancy sections of the press or in professional journals. See the Recruitment and Employment Confederation (REC)  website for a list of member agencies.

Get tips on job hunting, CVs and covering letters and interviews.

 
AGCAS
Written by Charlotte Haynes, Bournemouth University
Date: 
January 2010
 
 
 

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