Actuarial (Life Insurance) Graduate Programme

Zurich Insurance Company Ltd; Swindon; Hybrid; GBP 60,000 - GBP 80,000; Full time

Job summary

A leading insurance firm in Swindon is offering a graduate scheme for aspiring actuaries, providing real-life experience and professional development. You will work in a supportive team environment, gain valuable actuarial skills, and receive study support for professional qualifications. Benefits include a starting salary of £33,200, hybrid working options, health cover, and generous holidays. Applicants must have a strong academic background in a Maths-based subject and strong interpersonal skills. Join us to make a meaningful impact in the insurance industry.

Benefits

28 days holiday plus 3 volunteering days

Private medical cover

12% company pension contribution

Annual company bonus

Discounted gym membership

Qualifications

• Strong interpersonal and communication skills; ability to build strong working relationships.
• Comfortable with maths and a logical mindset.
• An appetite to learn; effective personal planning and organisation.

Responsibilities

• Gain experience in an actuarial role alongside a team of actuaries.
• Develop various actuarial skills and project financial results.
• Continuously improve processes using new technologies.

Skills

Strong IT skills

Communication skills

Mathematical skills

Organizational skills

Education

Minimum 2:1 in Maths-based subject

Minimum C/4 in English and Maths at GCSE

At least 128 UCAS points including A in Maths

Tools

Excel

Job description

Overview

Zurich Insurance graduate scheme. A permanent role designed to start your career with us and develop real-life experience in insurance while supporting your career growth and our customers.

Location: Swindon

Start Date: September 2026
Closing date for applications: Sunday 22 February 2026

Insurance is so much more than you think!

What can I look forward to?

You will be working in an actuarial role from day one, gaining experience alongside a team of actuaries. During your time as an actuarial trainee and newly qualified actuary, you will rotate between teams to understand the breadth of actuarial work and how each team contributes to customer protection and outcomes.

• Develop a variety of actuarial skills, such as analysing data using actuarial software and programming languages.
• Project financial results (profit and solvency) using expert actuarial judgement.
• Communicate results to key stakeholders to inform business decisions.
• Continuously improve processes including use of new technologies such as predictive analytics; analyse the business’ exposure to risks.

Study support and development

To help you pass the exams, we provide a generous allowance of paid study days, up to a maximum of 52 a year depending on the exams chosen. You are expected to invest significant personal time in addition to paid study days and commit to attaining the qualifications. We cover all financial costs required to qualify, including exam fees, study materials, tutorials, mock exams, professional membership, and required travel.

We run a mentoring scheme to guide you through early experiences and help structure your exam and revision time. Working with qualified actuaries provides the best professional experience, and we encourage questions to deepen understanding.

The Zurich Graduate Scheme also helps you develop non-actuarial skills such as presenting, communicating, influencing others, and career planning, supporting a well-rounded skill set for becoming a good actuary.

Zurich employees enjoy a hybrid working model (office and home). Initially you will attend the office regularly while you learn about Zurich and your role.

What’s in it for you?

You will join a company that is passionate about our people, sustainability and customers, with a competitive rewards and lifestyle benefits package.

• £33,200 starting salary with twice yearly pay reviews following exam results.
• 28 days holiday plus an additional 3 volunteering days.
• Option to swap UK bank holidays for days off with cultural or religious significance.
• Private medical cover.
• 12% company pension contribution.
• Annual company bonus.
• Discounted gym membership, gadget insurance, and technology offers.

What you’ll need

• Although we are a hybrid workforce, you should be within a commutable distance of the Swindon office.
• Strong IT skills; knowledge of Excel is preferable (but not essential).
• Comfortable with maths and a logical mindset.
• An appetite to learn; effective personal planning and organisation.
• Strong interpersonal and communication skills; ability to build strong working relationships.
• A professional attitude and a positive approach to your work.

Entry Requirements

• You must have recently achieved (within the last three years) or be on track to achieve a minimum 2:1 in a Maths-based subject from your bachelor’s degree (or equivalent).
• A minimum C/4 grade in both English and Maths at GCSE level (or equivalent).
• At least 128 UCAS points in three A-levels including an A in Maths.
• You must have an indefinite, full right to work and reside in the UK. Sponsorship is not available. You must have resided in the UK for a minimum of three consecutive years.

Are you ready for a brighter future?

Zuric h’s brand purpose is to create a brighter future together—for customers, partners, employees and the planet. We put customers at the heart of everything we do and are looking for like-minded people to join us.

We value diversity and inclusion and want our people to bring the whole of themselves to work. You’ll have the opportunity to use your drive and enthusiasm to innovate the future of Zurich, with all voices welcome and respected.

So make a difference. Be challenged. Be inspired. Be supported.

Please note: We are unable to progress your application if you don’t meet our criteria listed above. Ensure you have the right to reside and work in the UK before you apply as sponsorship is not provided. You must have resided in the UK for a minimum of three consecutive years to apply.

What we offer beyond the role

ee

The financials

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income protection.
• Life cover – four times your salary.

Time away

• 28 days holiday a year plus bank holidays.
• You can request to swap UK bank holidays for days off with cultural or religious significance.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks\' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to wellbeing support.

We’re making a difference

• Creating a brighter, more sustainable future underpins all that we do. We signed the UN Business Ambition for 1.5˚C pledge.
• Zurich Community Trust has awarded grants and volunteered time to deserving causes in the UK.