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Actuarial apprenticeships

If you love using maths and data to solve complex problems and want to earn while you learn, an Actuarial apprenticeship could be the right path for you

Actuarial Technician apprenticeship

The Actuarial Technician (Level 4) apprenticeship is an entry-level role into the financial sector. You will work as part of a team, supporting qualified actuaries using data to provide solutions for clients. You’ll also develop key business skills through a combination of work-based training and professional exams.

Apprenticeships normally last 2-3 years depending on your previous experience, how quickly you progress through the exams and the opportunities you have to practice your skills.

You can find out more about entry requirements, what you'll learn and how the Level 4 actuarial apprenticeship programme is structured in training provider BPP's Actuarial Technician apprenticeship web page

Finding an Actuarial Technician apprenticeship

The qualifications and other entry requirements employers look for will vary – we recommend that you contact employers directly to confirm exactly what they are looking for.

Competition for apprenticeships can be high so make sure you have the grades that companies have requested before applying. Relevant work experience and a strong application will help you stand out.

 

"I discovered actuarial apprenticeships on The Government Apprenticeship website and haven’t regretted following it up! I work in a great team on varied work and I’m constantly learning new skills. It’s exactly the kind of hands-on learning I find most stimulating."

Megan Robinson, Zurich Insurance Group

 

You can find information and contact details of companies offering actuarial apprenticeships in our Employer directory.

Job sites like Inside Careers and Actuarial Careers also advertise actuarial apprenticeships, as well as placements, internships and graduate trainee schemes.

You can also find out more about apprenticeships and search for apprenticeships near you on the gov.uk apprenticeships website and the UCAS website

Actuarial Higher Apprenticeships

The Higher Level Apprenticeship (Level 7) will give you formal training alongside your studies for our exams.

Apprenticeships are offered to both graduates and non-graduates and vary in length depending on whether you are eligible for any exemptions based on your previous qualifications. The apprenticeship will typically last for 3.5 years if you don’t have any IFoA exam exemptions, but will reduce by six months for every two subjects you have exemptions for.

By pursuing an apprenticeship you’ll gain formal training, fulfilling our Personal Professional Development (PPD) requirements while studying for your exams. 

You can find detailed information on Actuarial Higher Apprenticeship programme, including the programme structure, what you will learn and the support you will can expect on training provider BPP's Actuarial Apprenticeship web page.

Bethan Goddard, a Trainee Consultant at Barnett Waddingham, shares her experience of securing an actuarial internship and some helpful tips.

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