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Our Graduate Programmes - Actuarial

For 2024, we are running seven core programmes for graduates; Actuarial, Business, Finance, Insurance, Markets, Member Service, Tax. Programmes are rotational, designed to give you and encompassing range of experiences to discover your strengths and interests. Equipped with those insights, you’ll be able to choose your professional path and achieve your aspirations.

What you’ll do

The Actuarial team at Lloyd’s is responsible for the oversight of market reserves and capital. As part of this two-year rotational Programme, you can expect plenty of variety as you hone your commercial awareness and work towards a professional qualification with the Institute and Faculty of Actuaries (IFoA). Reserves are the funds set aside to pay claims and capital is funds held to ensure that claims can be met in adverse circumstances. With potentially billions at stake, our actuaries handle large quantities of data, analysing and modelling outcomes and requirements.

What you’ll need

We ask our applicants to have a minimum 2:2 in any degree subject. We don’t require a specific numerate subject – we’ll teach you everything you need to know. We are looking for those who are curious about our organisation and future opportunities with us. Here at Lloyd’s, we take a strengths-based approach to assessment. We want to explore what stimulates and inspires you, instead of placing too much emphasis on what experience you may already have. Essentially, we want you to be your authentic self! Navigate through our assessment process honestly and genuinely, this is the best way to show us your potential and ability.

“It’s always worth voicing your opinion. Even if you are the most junior person in the room or the newest person in the room, no question is a stupid question – no opinion is astupid opinion.”

– Catriona Geraghty, Senior Actuary

What you’ll get

As the successful candidate, you can expect to be rewarded with a competitive salary, and an enviable range of benefits. Realise your professional ambitions as part of an organisation that is trusted to solve some of the world’s most complex problems in an environment that puts a focus on investing in human progress.

Our recruitment process

The recruitment process will comprise of several stages including a strengths-based online assessment, a strengths-based video interview and an immersive assessment centre. At Lloyd’s we believe that innovation comes from having an inclusive culture of equality and diversity. Should you feel that you require reasonable adjustments during your application process we request that you please let us know by contacting earlycareers@lloyds.com