Junior Risk Transfer Consultant (Graduate)

First Actuarial
£24,420 - £26,437 a year
Basingstoke and Deane, England
Internship
1 day ago

Section: Graduate, Apprentice - and Internship Programmes

About First Actuarial

First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. Two decades later, we’re heading for 20% revenue growth this year, employing around 500 people across seven locations.

We’re still an independent business with no chargeable hours targets, giving our people the time to deliver their best work and excel. We shape our high-quality services by listening closely to our clients’ needs. And we price those services fairly.

As we develop our business, prospects for our people grow. Our Basingstoke, Birmingham, Leeds, Manchester, Peterborough, London and Tonbridge offices provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. And we provide support and helpful feedback, so we all learn and improve.

We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we’re known for our integrity. We’re happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.

Risk Transfer Graduate Opportunities 2025

Following continued team development, we now invite applications for a new role in our specialist Risk Transfer Team. The role is offered in our Basingstoke office.

This is a great opportunity to join a fast-growing area of the Firm working alongside colleagues from actuarial, administration and investment. We have a strong pipeline of risk transfer projects.

We expect demand from new and existing clients to continue to increase and are therefore looking to expand the team at all levels to be able to meet the increased demand for a range of risk transfer options.

Specifics of the role include:

  • Provide support to colleagues on a portfolio of projects
  • Prepare first drafts of project plans and help to deliver projects within agreed timescales
  • Prepare first drafts of advice and other calculations/documents for colleagues to review
  • Establish effective working relationships with colleagues internally
  • Attend internal project meetings and take responsibility for specific aspects from time to time
  • Take responsibility for delivering specific tasks allocated to you within agreed timeframes
  • Develop risk transfer knowledge and keep abreast of changes in regulations, topical issues in the industry and the Firm's products and services

Who are we looking for?

We’re looking for individuals with first-rate numerical skills and a strong academic performance. You should have at least a 2:1 undergraduate degree in any discipline, as well as the following skills:

  • Communication – A flair for communication, able to express complicated ideas clearly and to evolve your communication style as you get to know clients.
  • Strength of character – A can-do approach to problem-solving, and relationship-building skills with colleagues and clients.
  • Self-discipline – Determination and motivation to combine full-time work and study.
  • Problem solving – An agile mind able to consider challenges from different angles.

How will First Actuarial support my career progression?

As a new graduate, you’ll join our training programme to build up essential skills and knowledge. We provide an excellent study support package – including IFoA membership fees, study materials and study leave – to help you qualify as an actuary.

We’ll actively support you as you build your career – and reward you for doing so. At every level of seniority, we offer:

  • A competitive remuneration package, including bonus and profit-sharing payments.
  • Private health insurance, life insurance and income protection insurance.
  • A non-contributory pension.
  • Full training and study support.

All graduates are office-based for the first few months, thereafter, for colleagues who prefer homeworking for part of the week, we have hybrid working in place. We’re also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one.

Should you require information in a different format, have other accessibility or reasonable adjustment requirements, or if you have any problems not listed on this page, please contact HRHelpdesk@firstactuarial.co.uk.

Please note that we can only accept applications from candidates who hold the right to work in the UK.

Apply
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