Trainee Actuary (Graduate Actuarial Associate) Autumn 2017
Why apply to APR?
Do you want to embark on an actuarial career which allows you to:
- Experience unrivalled variety in your work through exposure to a wide range of actuarial, modelling and data analysis projects.
- Make a difference on stimulating assignments within weeks of starting, and be financially rewarded for doing so.
- Receive the best training any actuarial employer offers with extensive exposure to the skills our clients need - Excel/VBA, coding, data analysis and actuarial software - along with full study support.
- Become part of a small but renowned group of graduate employees, holding a significantly higher pass rate in the actuarial exams than the national average.
Then read on - APR’s graduate associate scheme could be for you.
APR provides actuarial solutions and other technical services, including modelling, data analysis and training consultancy, to insurance companies and other financial institutions. Having demonstrated our ability to provide great value to UK clients of all sizes, we are now looking to add to our team in Dublin, to support our increasing portfolio of Irish clients.
Our graduate programme
Key to our success is our recruitment and comprehensive training of the brightest graduates in the market - clients choose us because of our reputation for developing high-quality actuarial talent that can assist them on some of their most wide-ranging and challenging projects.
We believe that our graduate scheme provides a more varied, dynamic and financially rewarding career than offered by many actuarial employers. Examples of the sorts of project you could get involved with early in your APR career include:
- Managing all aspects of user acceptance testing of a general insurer’s actuarial reserving systems migration.
- Developing complex models, commonly in Excel and VBA, to build cashflow, product illustration and pricing models; writing and amending technical specifications; providing technical support to financial advisers.
- Working as a code and model developer, ensuring the client’s modelling of the future is robust and compliant with emerging regulation such as Solvency II.
- Working in a financial reporting team whose responsibility is to determine the liabilities and assets of an insurance company in order to meet SolvencyII and other regulatory standards.
- Testing the illustrations that will be provided to potential policyholders prior to the launch of a new life insurance or pension product.
- Reconfiguring a client’ ‘fleet of foot’ lite model used to calculate capital requirements under Solvency II
- Documenting the actuarial calculations and processes of a client.
Alongside the starting salary we provide generous pay increases in the second and third years of the programme and participation in our bonus and profit share schemes which can increase earnings considerably.
The key qualities we look for in individuals are intelligence, confidence and excellent communication. Good IT skills and an aptitude for programming are also an advantage. Projects typically run from three to nine months, and as most of our work is in the form of on-site support at clients’ offices you must be prepared to work for significant periods away from your main office base.
Remember to mention gradireland when contacting employers!