31 Jul 2023

Trainee Actuarial Consultant (September 2024 intake)

We are proud to be a leading independent UK professional services consultancy at the forefront of risk, pensions, investment, and insurance with a team of more than 1700 colleagues in nine offices around the UK and we are growing!! We were recognised as being one of the ‘best places to work in the UK’ in 2022 and 2023 and those who join us tend to stay, thriving in a professional learning environment and caring culture.

Wholly owned by Partners, we pride ourselves on being a friendly and inclusive firm, which maintains its core values of Principled, Quality, Partnership and Respect. We have the freedom to provide our clients with a high quality, innovative and professional service through strong working relationships and tailored solutions to meet our client’s needs.

We develop teams who give and welcome different opinions, views and cultural perspectives and building on our culture of doing the right thing, we want everyone at BW to feel they can bring their whole self to work, confident they are included and respected and work together to build an inclusive and diverse working environment.

The supportive structure we have in place will help you manage your work/life balance, which is why our study support package and dedicated training team are always on hand for guidance throughout our graduate programme and beyond. Look at what graduates, who recently joined us have to say:

 “I joined Barnett Waddingham as part of the 2022 graduate intake, and ever since I started at the firm I have felt a valued member of the team and have been well supported in my work. The company’s culture centres around doing the right thing this shines through in the way BW is committed to supporting clients, but also in how BW puts emphasis on staff wellbeing and development.”

“Barnett Waddingham offer a very generous study support package that provides me with the time off work and resources I need to study effectively for my exams. I also get continued support from my study mentor, who provides me with advice on the best way to prepare for my exams.”


Our independence means we’re free to think beyond standard environmental, social and governance (ESG) labels and start conversations that consider the full universe of sustainable action.

From holistic data-driven approaches towards impact investing and responsible business strategies, to simpler, everyday improvements that combine social and environmental benefits. We are always looking for new ways to provide and shape a more sustainable future.

What will I be doing as Trainee Actuarial Consultant?

All of our graduates get early opportunities to work directly with clients and plenty of training to develop their technical, communication and problem-solving skills. Some of the tasks you can get involved in as a Trainee Actuarial Consultant include:

  • A variety of actuarial services to defined benefit pension schemes
  • Helping our clients understand and manage the key risks and considerations associated with running their pension scheme.
  • As well as the traditional services offered, there are opportunities to be involved in building up our capabilities in other exciting areas of the firm.
  • Opportunities to be involved in data analytics work, which involves using client management data to make sense, model impact and deliver recommendations on business opportunities.

Our trainee consultants develop a broad, transferable skillset which covers both technical and consulting matters. You will also have opportunities to work on a wide range of projects and to develop your softer skills.

Alongside the on-the-job training you will have full study support comprising of study leave, financial support, and a study mentor – we want you to succeed with us!

Who are we looking for?

Our current graduate vacancies require a minimum 2:1 degree, A at A-Level or Higher Maths and Level 6 at GCSE English Language or B at Scottish National 5, (or other equivalent qualifications), we require dedicated individuals with a strong academic background who are dynamic, proactive and have excellent communication skills.

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