Advisory & Consulting - Actuarial Industrial Placement
Industry Placements Birmingham GBP 10,000 - 40,000 Forvis Mazars: Who Are We?
Forvis Mazars LLP is the UK firm of Forvis Mazars Group. In the UK, we have over 3,300 employees across 14 locations, delivering an outstanding client experience. Forvis Mazars is an engine for rapid and consistent career progression, offering career paths that help you pursue your interests, match your changing needs, and explore your true potential. About the Actuarial Team
The Actuarial team at Forvis Mazars is part of the Insurance Risk Consulting (IRC) department, a rapidly growing and globally successful group of teams. We collaborate to offer a unique market differentiator while consistently delivering top-quality work for our clients. Our expanding Actuarial team provides a variety of traditional actuarial services to clients across both the general and life insurance industries. This includes reserving, capital management, Solvency II assessment, IFRS 17 compliance, and other regulatory requirements. About the Role
Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Industrial placement students joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. As Part of Our General Insurance Team, You Will:
Perform independent calculations to estimate reserves for different classes of insurance. Perform detailed testing of claims data to challenge management on trends in large and unusual movements. Review the methodology and assumptions selected by management in their calculation of reserves. As Part of Our Life Insurance Team, You Will:
Create independent cashflow models for products such as annuities, whole life, and term assurance. Review methods to derive assumptions used in the cashflow projection models. Use actuarial techniques to create independent expectations to review assumptions related to various insurance products. Other General Activities Will Include:
Provide support in writing technical reports. Assist in creating presentations in non-technical language for non-actuaries. Develop client relationships through meetings and social activities. Subject to performance on the placement, you will be offered a permanent role to return in September 2027 in the actuarial team. What We're Looking For
You must be in the penultimate year of your undergraduate university course. On track to receive a 2.1 or above in a relevant degree. An 'A' or above in A-Level Mathematics or equivalent qualification. Deep curiosity to learn new things and is naturally inquisitive. The ability to think critically and solve problems. A commitment to self-development and learning. Strong sense of ownership of duties and high levels of responsibility. Enjoys meeting and engaging with new people. Works well under pressure and has a positive ‘can-do' attitude. A willingness to travel and adhere to our flexible working environment. Next Steps
Roles will be closed as soon as we find the right people, so to avoid disappointment we encourage you to submit your application as soon as possible.
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Industry Placements Birmingham GBP 10,000 - 40,000 Forvis Mazars: Who Are We?
Forvis Mazars LLP is the UK firm of Forvis Mazars Group. In the UK, we have over 3,300 employees across 14 locations, delivering an outstanding client experience. Forvis Mazars is an engine for rapid and consistent career progression, offering career paths that help you pursue your interests, match your changing needs, and explore your true potential. About the Actuarial Team
The Actuarial team at Forvis Mazars is part of the Insurance Risk Consulting (IRC) department, a rapidly growing and globally successful group of teams. We collaborate to offer a unique market differentiator while consistently delivering top-quality work for our clients. Our expanding Actuarial team provides a variety of traditional actuarial services to clients across both the general and life insurance industries. This includes reserving, capital management, Solvency II assessment, IFRS 17 compliance, and other regulatory requirements. About the Role
Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Industrial placement students joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. As Part of Our General Insurance Team, You Will:
Perform independent calculations to estimate reserves for different classes of insurance. Perform detailed testing of claims data to challenge management on trends in large and unusual movements. Review the methodology and assumptions selected by management in their calculation of reserves. As Part of Our Life Insurance Team, You Will:
Create independent cashflow models for products such as annuities, whole life, and term assurance. Review methods to derive assumptions used in the cashflow projection models. Use actuarial techniques to create independent expectations to review assumptions related to various insurance products. Other General Activities Will Include:
Provide support in writing technical reports. Assist in creating presentations in non-technical language for non-actuaries. Develop client relationships through meetings and social activities. Subject to performance on the placement, you will be offered a permanent role to return in September 2027 in the actuarial team. What We're Looking For
You must be in the penultimate year of your undergraduate university course. On track to receive a 2.1 or above in a relevant degree. An 'A' or above in A-Level Mathematics or equivalent qualification. Deep curiosity to learn new things and is naturally inquisitive. The ability to think critically and solve problems. A commitment to self-development and learning. Strong sense of ownership of duties and high levels of responsibility. Enjoys meeting and engaging with new people. Works well under pressure and has a positive ‘can-do' attitude. A willingness to travel and adhere to our flexible working environment. Next Steps
Roles will be closed as soon as we find the right people, so to avoid disappointment we encourage you to submit your application as soon as possible.
#J-18808-Ljbffr
