Graduate Consulting - Actuarial Manchester Autumn 2027

Job description

Job description

Why Actuarial?

Insurance companies make decisions every day about the risks they take, the products they offer and the financial commitments they make to customers. Our Actuarial team helps them make those decisions with confidence.

Using data, statistical analysis and financial modelling, we help organisations understand uncertainty, manage risk and plan for the future. From workplace pensions and life insurance products to large-scale business and personal insurance, our work helps clients make informed decisions that affect millions of people and businesses.

It's a role where you'll combine analytical thinking with commercial understanding, using evidence and insight to solve complex problems and make a meaningful difference for clients across the insurance industry.

Life as an Actuarial graduate

As an Actuarial graduate, you'll work with experienced colleagues to analyse data, build models and provide insights that help clients navigate complex financial and regulatory challenges.

You'll develop technical actuarial skills while learning how to communicate the commercial implications of your work to clients and colleagues. Along the way, you'll work with some of the largest organisations in the UK and global insurance market, gaining exposure to a wide range of business challenges.

Depending on the team you join, you could work in either:

Life Actuarial Services, where we advise insurers that provide products such as workplace pensions, savings and protection products including life assurance and critical illness cover.

Or General Insurance, where we support organisations managing a wide range of risks, from household and motor insurance through to complex commercial risks such as satellites, oil rigs and natural disasters. It's a fast-moving sector shaped by changing regulations, new products and evolving markets.

Whichever area you join, you'll build strong analytical, problem-solving and communication skills while working with colleagues who will support your development throughout the programme.

Your future

Qualifying as an actuary requires dedication, curiosity and a genuine interest in solving complex problems. Throughout the programme, you'll combine practical experience with professional study, working towards the Institute and Faculty of Actuaries (IFoA) qualification through a Level 7 apprenticeship route.

You'll receive structured support through your studies, helping you develop both the technical expertise and commercial understanding needed to build a successful actuarial career. As your experience grows, you'll take on increasingly complex work and develop skills that can open up a wide range of long-term opportunities across the insurance and financial services sectors.
Capability: Consulting Programme Length: 3 years Qualifications: IFoA Level 7 Apprenticeship Entry Requirements:
At KPMG, everyone brings a unique perspective, and we want to ensure that you have the best opportunity to demonstrate your potential. We want to discover your individual strengths and attributes to help us to know whether you'll enjoy working here and how you'll thrive. That's why we operate an open access policy and an application process that will assess both your qualifications and your qualities.

Generally, you'll be expected to demonstrate the following grades (*or equivalents), to show that you're able to successfully study for professional qualifications. If you are a few grades or points short, we would still encourage you to apply, as your application will be reviewed together with your performance in our assessments. You'll also have the opportunity to provide additional information for us to assess your application and potential in the context of your socio-economic background and/or any extenuating circumstances, which may have a positive uplift on your academic achievements through contextual recruitment. You can find out more" here .

• GCSE Maths Grade 5 or B*
• GCSE English Language Grade 5 or B*
• 120 UCAS points* from your 'top' 3 A Level grades, excluding General Studies. Must include Maths at minimum grade A.
• 2:1 undergraduate degree in a numerical or analytical degree (for example Actuarial Science, Maths, Statistics, Data Science, Economics, Engineering or Physics).

Key Skills:
Throughout the recruitment process we will be looking to learn more about your strengths.

To be successful on this programme, you will be required to demonstrate the strengths that we look for in our graduates at KPMG.

Learn more about what we look for and how to apply here .
Training and Development:
The training and development of our people is critical to the future success of our business. We want to empower you to grow in your own way, to feed your curiosity and embrace a growth mindset in an environment where learning is continuous. Therefore, we have created a rich curriculum and learning community to help you build your skills and fulfil your potential. This ranges from an immersive induction experience to help you transition to the world of work, formal training courses, leadership knowledge bites, learning journals, online courses and networking events - all aligned to our 'learn for a lifetime' strategy designed to help you gain an advantage for life.

In addition, in Actuarial, we offer the IFoA qualification through a Level 7 apprenticeship route.
Your apprenticeship is expected to take 3 years (please note that any prior learning you have undertaken will determine the length of the qualification). You will study towards a Level 7 apprenticeship with the Institute and Faculty of Actuaries (IFoA) and ActEd (your tuition provider), with the aim of achieving Associate Level upon completion, where you will sit remaining IFoA exams over a 1-2 year period. We recognise this is a challenging qualification, and therefore you will have flexibility over your exam pathway. You will be given a study mentor who will work with you to agree how many exams to attempt and which order to attempt the exams. You will also be supported through the Level 7 apprenticeship, with access to a skills coach with ActEd and support from your Performance Manager at KPMG. Once you have completed your Associate Level qualification, you will be supported to progress to Fellowship and become a fully qualified actuary. You can find out further information on the IFoA here.

This programme is delivered via a range of live and recorded courses, together with extensive online material libraries. Students will have access to a dedicated coach throughout their study programme to provide tailored support towards the exams. Study leave is afforded based on our learning provider's recommendations, enabling you to balance studying and learning materials at a pace suited to your style, and then getting individuals ready for final revision and exam technique practice in the run up to sittings. There is flexibility to the study programme over your training"contract based on any exemptions received, but all enabling you to have structured support to qualify swiftly.
Additional Information:
Please visit our Applying to KPMG page to discover more about our application process.

Visit our International Students page to find out more about visas and requirements.

For anything else, please refer to our FAQ section .