Senior Actuarial Trainee

Royal London; Alderley Edge, Greater London; Hybrid; GBP 30,000 - 50,000; Full time

Job summary

A leading mutual life and pensions company in the UK is seeking a Senior Actuarial Trainee to join their Finance & Actuarial team. The role involves delivering high-quality actuarial analysis for strategic initiatives, mentoring junior members, and improving actuarial models. Candidates should be progressing through actuarial exams with strong analytical and communication skills. Benefits include 28 days of annual leave, a generous pension scheme, and support for continuous learning in a collaborative environment.

Benefits

28 days annual leave

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• Strong analytical skills with experience in a business context.
• Progressing through actuarial exams with understanding of concepts.
• Ability to explain complex ideas to various audiences.
• Experience in mentoring and supervising team members.
• Desire for continuous learning and improvement.

Responsibilities

• Deliver high-quality actuarial analysis for initiatives.
• Produce clear insights and reports for stakeholders.
• Maintain and improve actuarial models and processes.
• Lead project work and challenge direction as needed.
• Mentor junior members and support their development.

Skills

Strong technical and analytical skills

Experience applying actuarial techniques

Excellent communication skills

Proficient in R and SQL

Experience in team collaboration

Proactive mindset

Education

Progressing through actuarial exams, ideally at Specialist level

Tools

Relevant software and modelling tools

Job description

Working style: Hybrid 50% home/office based

We’re hiring a Senior Actuarial Trainee or a newly qualified actuary to join the team within the Finance & Actuarial function—a role that blends technical depth with real business impact.

You’ll work on high-value projects that support pricing, reporting, business quality monitoring, while also helping to improve systems, processes, and risk controls. This is a hands‑on role where your analysis and insight will directly influence decision‑making across the business.

This is an exciting opportunity for someone progressing through actuarial exams or newly qualified who’s ready to take on more responsibility, contribute to strategic initiatives, and mentor others. You’ll be supported with a structured study pathway and the chance to apply your learning in a collaborative, forward‑thinking environment.

About the role

• Deliver high‑quality actuarial analysis to support business‑as‑usual and strategic initiatives.
• Produce clear, well‑documented reports and insights for stakeholders across the business.
• Maintain and improve actuarial models, systems, and processes with a focus on risk and control.
• Contribute to and lead on project work, offering ideas and challenging direction where needed.
• Mentor junior team members and support their development, where applicable.
• Progress through actuarial exams while applying study knowledge to real‑world scenarios.

About you

• Strong technical and analytical skills, with experience applying actuarial techniques in a business context.
• Progressing through actuarial exams, ideally at Specialist level, with a solid understanding of actuarial concepts.
• Excellent communication skills, with the ability to explain complex ideas clearly to a range of audiences.
• Proficient in relevant software, modelling and programming tools, in particular R and SQL, with a keen eye for accuracy and detail.
• Experience working collaboratively in a team environment, with the ability to mentor or supervise others.
• A proactive mindset with a desire for continuous learning and improvement.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long‑term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here: Our Benefits

Inclusion, diversity and belonging

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.