About the Job
Have you ever thought about working as an actuary and in the heart of government? Do you enjoy analysing large datasets and helping others to make decisions that will have long-term implications for the country?
Consider the role of Graduate Trainee Actuary at the Government Actuary’s Department!
We are the centre of actuarial expertise within government providing advice and analysis to government across a range of significant policy initiatives. We enable government to better understand and quantify risks and in turn result in better outcomes for the UK public.
We are looking for motivated individuals to join our analytical team.
As an analyst, you will play a crucial role at the Government Actuary’s Department (GAD) by working with other professionals to produce high quality advice and analysis for government. This will include producing and translating analysis to government across a range of areas including:
• applying modern analytical techniques to allow government to better understand and manage risks for important policies affecting the entire UK
• the management of costs and risks across the public service workforce, including the design and operation of public service pension schemes
• understanding insurance risks and costs affecting government, including clinical negligence in the NHS
• bespoke advice on financial and demographic risks facing government, including social security benefits
As an analyst at GAD we will support you in developing your analytical expertise in technical concepts including actuarial methodology, data science and machine learning. We will help you build your expertise in R and Python to help carry out this analysis. You will also develop project and delivery management skills. This support will be given through on-the-job experience, formal training, and the opportunity to carry out a degree-level data science apprenticeship.
There are also several opportunities for analysts to go on secondment with major government departments. We encourage all our analysts to undertake these secondments to help broaden their skills and see how analysis is used across the public sector.
GAD is an active member of the government’s Analysis Function, which seeks to bring the 14,000 analysts across government together. The Function will allow you to build networks with other analysts in government and gain insights from cross-government training and development. which brings together.
Government has a wide need for actuarial advice which is growing over time as the world becomes more complex. GAD’s staff need to be equipped to work across a range of different areas to rise to the challenges of the future.
We are an inclusive organisation which values the strength of a diverse team, supported through staff networks and an active Diversity and Inclusion strategy. We encourage everyone to apply to join us.
As well as competitive salaries, we offer a substantial package of benefits:
- Extensive talent, career and personal development
- 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition we offer 9 days public and privilege days leave per year (pro rata for part time staff)
- Generous defined benefit Civil Service pension scheme
- Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity and adoption leave
- Access to employee assistance programme and occupational health
- Community volunteering programme, the opportunity to join a trade union, and discounted membership of local and national sports and social groups
- A working culture which encourages inclusion and diversity
- Salary advances for travel costs, including annual season tickets and cycle-to-work schemes
- Complimentary BUPA health check for permanent staff
Sift/interview dates and location
Closing date: 10 January 2022
Sifting: W/c 10 January 2022
Interview location: TBC
To apply for the role, please follow the link at the bottom of this advert. The deadline to submit an application form is 10 January 2022.