Actuarial Associate - Entry Level

We are seeking a dynamic and highly motivated individual to join our General Insurance practice in the UK in September 2027.

The Milliman London General Insurance practice provides consulting expertise to a variety of clients including insurance and reinsurance companies, Lloyd’s syndicates, ILS fund managers, public sector bodies and other businesses. Its unique blend of sound actuarial technical knowledge, extensive research experience and front-line actuarial products and tools make it a leader in general insurance consulting. The London General Insurance practice regularly collaborates on cross-border projects with local Milliman offices in Europe and the US. It advises on a range actuarial and insurance-related issues including reserving, capital modelling and pricing.

You will work collaboratively within a team to deliver high-quality actuarial and analytical solutions for our clients. We are looking for an authentic and genuine team player who communicates confidently, solves problems creatively and is committed to producing work of the highest standard. Initially, you will use your strong data and analytical skills to support the management, analysis and interpretation of client data. You should also be deadline-driven and able to manage multiple competing priorities effectively.

Milliman offers a competitive study package to support you in qualifying as an actuary.

Responsibilities

• To manage the technical aspects of specific client assignments (including running analytics tools and building models), within the agreed budgets and timeframes;
• To process and handle client data;
• To manage relationships with, and expectations of, specific clients;
• To attend client meetings as required;
• To assist in the timely production of reports to clients;
• To understand and comply with the General Insurance practice’s risk management processes and procedures;
• To ensure that, for the assignments being managed, compliance is fully documented;
• To assist in the development and implementation of the practice’s marketing plan;
• To deliver presentations and produce articles in collaboration with other members of the team;
• To maintain high standards of technical knowledge and understanding, through reading of technical papers, participation in appropriate seminars, conferences, etc.;
• To disseminate this knowledge and understanding amongst colleagues and, where appropriate, clients;
• To provide assistance as and when needed to other team members.
• To carry out all tasks within the job holder’s level of skill and ability.

Requirements

Qualification

• An undergraduate degree at (or predicted to be) 2:1 or above in a numerical subject;

Knowledge:

Essential

• Good knowledge of Word, Excel and PowerPoint;
• Keen interest in general insurance;

Desirable:

• Good knowledge of VBA, Python, R, SQL or similar;
• Experience working with large datasets using statistical software;
• Good understanding of, and interest in, financial markets;

Skills:

Essential

• Highly technical – strong analytical skills
• Excellent interpersonal skills.
• Excellent written and oral communication skills
• Effective time management skills
• Good research skills
• Good organisational skills
• Ability to effectively work in a team, as well as independently

Behaviour competencies:

Essential

• Driven to deliver
• Collaborative
• Motivated
• Flexible with workloads and priorities
• Committed to an actuarial career and qualification as an actuary
• Proactive

The deadline for applications is Friday 30 October 2026.