Canada Life is the UK subsidiary of the Great-West Life Assurance Company which is owned by Great-West Lifeco. Great-West Lifeco is the largest Canadian Life and Health Insurance Company and serves several million people worldwide providing a wide range of retirement savings and income plans as well as comprehensive protection contracts for individuals and families.
Canada Life began operations in the United Kingdom in 1903 and looks after the retirement, investment and protection needs of individuals and companies alike. We are a leading provider of products and services in these sectors operating from offices in Potters Bar, London, Bristol and the Isle of Man employing over 900 people.
The dedicated Group Insurance division in Bristol is 250 people strong and handles every aspect of the management of a scheme, from quotations and customer service support, to underwriting and claims. One of the UK’s market leaders in Group Insurance covering over two million employees, this division of Canada Life is recognised as having substantial weight and experience within the group insurance sector.
Canada Life are looking for a bright and enthusiastic trainee to join their actuarial team. The role will initially be based in the Group Insurance division in Bristol followed by moves to the Individual Insurance division in Potters Bar or Investment division in London.
Initially working within the area of Group Risk, the actuarial trainee will have an opportunity to work in the following 3 key areas:
- Product Pricing & Development
- Financial Reporting
- Management Information
It is anticipated that the placement in Bristol will last approximately two years.
Who are we looking for?
A self-motivated individual who has the desire and ability to qualify as an Actuary with the Institute & Faculty of Actuaries.
The candidate must be highly numerate, a good communicator and ideally have good IT skills including Excel. Good attention to detail, the ability to work to tight deadlines and a methodical approach to analysing information and problem solving are all important in this role.
The candidate should hold a minimum 2:1 honours degree in a mathematics or finance related subject, have strong A-level mathematics (or equivalent) and good English GCSE (or equivalent).
To qualify as an actuary a commitment to the actuarial examinations is essential and the successful candidate will be expected to put in additional study in his/her own time.
We are looking to train an individual from their first exams through to qualification and beyond, and so this role is not suitable for part-qualified individuals or those who may have a significant number of exemptions due to having studied an actuarial sciences course.
What can we do for you?
This is a great opportunity for the right individual to start their career towards becoming an Actuary. The successful candidate will join a friendly, professional and dedicated Finance department working for one of the leaders in Group Insurance in the UK.
We will provide an excellent support package including generous study allowance to assist the trainee in making rapid progress through the actuarial examinations. We will also provide training and opportunities to develop within the role as the trainee progresses in their career.
Our salary and benefits package is competitive and we have a relaxed, modern working environment, in an ideal city-centre location with good transport links.
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