Actuarial Graduate Scheme 2019

Legal & General
12 Oct 2018
26 Oct 2018
Start Date

    Company Info

    We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that's thanks to the talented and dedicated people who work with us. For us, 'social responsibility' is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you'll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.

    Department Info

    With around one million customers, our retail business helps turn customers' pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.

    We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

    Job Duties

    Are you looking for a role that is technically challenging? Do you want a future that allows you to develop commercial acumen alongside your technical skills? Are you keen to have the opportunity to progress in a breadth of roles - technical or business?

    We are looking for graduates who can answer "yes" to the above for our 2019 actuarial trainee intake. If you are successful you will join Legal & General's well-regarded actuarial community, which plays a pivotal role in our continued success.

    Working and studying to pass the actuarial exams will be tough but we offer a comprehensive study scheme that provides excellent financial and study support. In recent years we have seen pass rates well above the national average.

    Actuarial work is central to ensuring a profitable, well run insurance business and your work will support the success of a FTSE 100 company. Our actuaries work throughout business measuring, predicting and managing areas of the business with the aim of giving its customers 'value for money'. If you are successful you will join one of the actuarial teams and typically be involved in:
    • Performing actuarial investigations and calculations to produce profitability information and management reports for our products.
    • Manage the production of regular experience investigations for our products in order to understand the impact of changes in mortality, morbidity, expenses and persistency.
    • Delivering the company and statutory financial reporting results to tight deadlines, including the supporting commentary.

    Skills Required

    You must have or be predicted a minimum of a 2:1 degree (or equivalent) within a numerate subject, a grade 'A' in A-Level Mathematics and a strong commitment and motivation to completing the actuarial exams. However, we will also be looking for much more, including good communication, personal planning and organisation skills, plus the ability to work closely with others. You will need to show strong initiative in applying problem solving and analytical skills. Overall the successful candidate will be enthusiastic, inquisitive, adaptable and a good team player.


    Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 22 days' (with potential to rise to 26 days) holiday, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.

    Legal & General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of. The role you are applying to is for a specific location, but to further develop and enhance your skills you may be asked to rotate in future to our other site. Our sites are London and Hove.

    All applications must be submitted by 6th November 2018.

    Please contact Stacie Burnett, Resourcing Lead - for further information.

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