Actuarial Careers

Careers with a degree in Actuarial Science


PROFILE: Actuary

Actuaries apply mathematical and statistical techniques to business problems. They work out the degree of risk on life assurance policies, pensions and employee benefits and investments.
Tasks include: Calculating and advising on life assurance policies, pensions and employee benefits and investments; applying mathematical and statistical techniques to business problems by: computer work; writing letters, reports; filing; spreadsheets.
Employers: Actuaries work in life assurance, general insurance, actuarial consultancies, investment banks and for the Government Actuaries Department. Some Chartered Accountancy firms are now setting up actuarial departments.
Satisfactions include: Passing exams, able to achieve things, (i. e. valuation results), travel and working with people from other companies.
Negative aspects include: Studying for exams - very hard work - needs lots of motivation. Long hours.
Skills required include: Analysing, Investigating, Numeracy, Communication, Cooperating, Advising
Degree subjects: Actuarial science, mathematics, statistics, economics, operational research - mathematics based degrees, otherwise must have a very good grade at Maths A level. Need to show good communication and interpersonal skills as well as numeracy. Postgraduate qualification in Actuarial Science at Kent, Heriot Watt or City Universities may be helpful for those who have not studied Maths or Actuarial Science at first-degree level and give exemptions from professional exams.

Actuarial work can be very highly paid, but the professional examinations are very demanding. See our interview reports for a range of feedback on actuarial interviews.


Employers will consider problem solving, thinking logically and high level quantitative and numerical skills as obvious acquisitions on an actuarial degree. You will also gather specific knowledge such as statistical methods, applied mathematics and actuarial technical skills such as Prophet. See our skills section at


These statistics only cover the first six months after graduation. The latest destinations for all subjects (1999-last year) including postgraduates can be found at

Actuarial Careers Chart

Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers Mathematics careers


  • MSc: MSc Applied Actuarial Science - Kent (25), MSc Statistics - Kent (5), MSc Mathematics - LSE (2), MSc Risk and Statistics - LSE, Msc Management Science - Kent (2), MSc Investment Banking - Reading, MSc Finance - Oxford, MA Finance - Exeter (2), MSc Actuarial Management - CASS Business School (3), MA Islamic Studies - Middlesex University
  • Pg Dip Actuarial Science - Kent
  • CISI - Chartered Institute of Securities
  • CLAIT Computing Course - Sandwell College
  • Teacher Training: PGCE Mathematics - Christ Church, South Essex SCITT Training
  • Trainee Actuary: Mercer (6), Kerr Henderson Hewitt (5), Willis Towers Watson (4), Punter Southall (3), Lloyds TSB Insurance (3), Friends Provident (3), Royal & Sun Alliance (3), Axa (4), Friends Life (2), Colonial Financial (2), G.E. Frankona (2), Gov't Actuaries Dept. (2), Hymans Robertson (3), Kerr & Co (2), Entegria (2), Capita Life (2), Aviva, Allianz, Mayfair, First Actuarial, HCL IBO, Austin Professional Resourcing, Pricewaterhousecoopers, Zurich Financial Services, Hazel Carr, Legal & General (2), HSBC Actuaries, Alexander Forbes, Steve Dixon Associates, Lincoln Financial Group, Nationwide, Pearl Group, Grant Thornton, Buck Consultants, Winterthur Life, Risk Research, Liberty Syndicate Management, SAGA, Norwich Union, Pinnacle Insurance, HBOS Life, Wolanski, Ecclesiastical Insurance, Prudential, Hogg Robinson, Abbey National, Scottish Widows, Colin Mougue, Gissings, Phoenix Group, Capita Hartshead, Alico, MGM Advantage, Genworth Financial Insurance, Beaufort Underwriting Agency
  • Actuarial/Underwriting Intern - Mondial Assistance
  • Intern - E Value Financial Express, Lancashire Group
  • Business Analyst: Mercer, Norwich Union, Amlin, Lloyds TSB
  • Client Evaluation Analyst - Barclays
  • Competitor and Market Analyst: RWE Trading
  • Pensions Analyst/Assistant: Deloitte Touche, Lincoln Finance, Nat West. Bank., T Quality
  • Economic Analyst: Somerset County Council
  • Pricing Analyst: Liverpool Victoria Insurance
  • Investment Analyst: Financial Ombudsman Service
  • Information Analyst - Ascot Mgmt.
  • Data Analyst - Binleys
  • New Business Administrator: Mellon European Fund Services
  • Resourcing Administrator - Capita
  • Graduate Contracts Specialist: Bechtel
  • Tax Assistant: Coutts Bank
  • Statistician: Govt. Statistical Service
  • Trainee Chartered Accountant: Goatcher Chandler, PWC, PKF, Hughes Allen
  • Finance Analyst - Arcadia Group (+ BPP - CIMA accounting qualification)
  • Trainee Banker: HSBC, Lloyds TSB, Union Bank of Switzerland
  • Graduate Finance Trainee: Marconi
  • Tax & Financial Services Ass't - Pacific Ltd
  • Complaints Handler: HSBC
  • Insurance Sales - Shenzhen Channel
  • Mortgage Advisor: London and Country Mortgages,
  • Assistant Manager: Foundation Entertainment
  • Contracts Co-ordinator: Workplace Engineering
  • Teaching Assistant- School
  • Key Worker: Cyrenians
  • Branch Manager Nursing Agency - Superior Care
  • Other employment: Healthcare Admin Assistant - DMC, Receptionist - Recuitment agency, Computing Support, Crew Member - McDonalds (Canada), Resort Rep. - Crystal Holidays, Austria, Invoice Coordinator - Barker Personnel, Administrative Assistant - Personnel Solutions, Accounts Assistant - Hotgroup/Met Police, Sales Rep. - Virgin Money, Cashier - Nat West. , Clerical - Jobcentre, Ass't Bar Manager

SELF EMPLOYED Actuarial Analyst - Willis Towers Watson, Director - Authentic Fashion

VOLUNTARY WORK Teaching Assistant - School, College, Research Assistant - Village Service Trust

Destinations of Kent MSc Applied Actuarial Science graduates

  • Actuarial Assistant - Capita Hartshead
  • Actuary - Jixiang Life Insurance Co Ltd
  • Case Handler - Capita
  • Senior Actuarial Analyst - Prudential
  • Senior Trainee Actuary - Government Actuary's Department
  • Actuarial Analyst - AXA
  • Willis Towers Watson - Investment Analyst
  • The Phoenix Group - Actuarial Analyst
  • Canopius Group - Actuarial Tr.
  • Wilmar - Risk Mngr
  • East Africa Reinsurance Co. - Tr. Actuary
  • Aviva UK Life - Tr. Actuary (2)
  • ING Insurance - Tr. Actuary
  • Mercer - Tr. Actuary
  • Aon Hewitt - Tr. Actuary
  • Friends Life - Actuarial database developer
  • SunGard - Development Engineer
  • American Int'l Assurance Co. Ltd. - Pricing Mngr
  • Employed PT Aspen Re - Student Actuary
  • Chinese Harbour Eng. - Finance Trainee
  • Treadsetters - Mngr Ass't
  • AON Ltd - Actuarial Analyst
  • Prudential - Trainee Actuary (2)
  • Pacific Life - Trainee Actuary
  • Aon Global - Trainee Actuary
  • China Life Ins co - Trainee Actuary
  • PWC - Trainee Actuary
  • APR LLP - Actuary
  • Government Actuaries Dep't - Trainee Actuary
  • Geogas Trading Ltd. - Manager
  • Actuarial Society - Actuarial Fellowship
  • Austin Professional Resourcing - Actuarial trainee
  • Assicurazioni Generali S.p.A - Junior Actuary
  • Alliance & Leicester - Management trainee
  • University of Portsmouth - International Student Adviser
  • Shandong University - Lecturer
  • Sinatay Life - Actuary
  • Lloyd's of London - Actuarial Analyst
  • Homelessness Worker Emmaus House
  • PhD Statistics University of Kent
  • North Carolina State University - MSc Analytics
  • Univ. of Kent - MSc Finance, Investment & Risk

Destinations of Kent Postgraduate Diploma in Actuarial Science graduates

Example Actuarial CV

Interviews for actuarial traineeships

If you have been to an interview or assessment centre recently please fill in our interview report form to help other students.

Basic questions asked

Personality and Self Awareness questions

Competency questions. See our page on How to Answer Competency-based Questions

Commercial Awareness Questions. See our page on How to answer Commercial Awareness Questions

Questions on the actuarial exams!

Questions on the assessment centre. See our page on second interviews

Tests given to candidates. See our practice aptitude tests

Group exercises. See our page on assessment centre exercises

Other components




Some major Actuarial Employers



See our new page on this at

Vacation Work

The Institute of Actuaries lists employers with vacation work and work experience opportunities in the Careers & Jobs section of their website

Actuarial science graduates can also enter a wide range of other careers which utilise their mathematical skills including


Once you have read this, visit the Careers Centre (in Keynes Driveway). You can browse in there as you would a library and ask at the help desk if you need help.

Bruce Woodcock - Careers Adviser for Actuarial Science


Last fully updated 2016