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  4. Actuarial Graduate Programme London 2024
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Gen Re and Faraday are part of Berkshire Hathaway Inc, one of the largest and most influential (re)insurance companies in the world. We pride ourselves on delivering (re)insurance solutions designed carefully to meet our clients’ needs.

We pride ourselves on the strength and depth of our client relationships alongside our unrelenting focus on technical and disciplined underwriting. As such, actuarial roles form a strategic part of our business, from those at the beginning of their career right up to top-level management.

We operate across the globe in all major (re)insurance markets, with 2000+ employees across 40 markets, and around 12% of our workforce are in actuarial roles.

Are you considering a career as an Actuary?

A career at Gen Re offers an opportunity to gain a full understanding of the wider actuarial function, offering rotating placements across both P&C and Life Health business areas, and a range of actuarial disciplines including pricing, reserving, risk and capital. A mixture of a structured graduate learning programme, on the job training, and competitive study package will enable you to strive in a collaborative, inclusive, and high-performing culture where individuals can achieve their full potential.

We have an excellent opportunity for you to join the London Office in September 2024 as part of our Actuarial Graduate programme.

The Gen Re Experience

At Gen Re, we have created an environment where exceptional people with great ideas continually grow their skills and advance their careers. The Gen Re culture values excellence, integrity, personal responsibility, diversity and optimism. Our flat management structure and team-based environment promote collaboration and free flowing communication.

Our unique programme

We recognize that deciding on an actuarial role at the beginning of your career can be a daunting and confusing prospect. Our programme, over the course of 24 months, will provide you with the opportunity to experience multiple aspects of actuarial work, across different business areas and working with a variety of different people.

Our structured programme will enable you to progress and learn quickly, supported by functional managers, independent mentors, and shared experiences with other graduates.

We also provide you with full support including days off for your actuarial studies and exams.

Development Opportunities we offer

Our people are commercially minded and self-motivated team players; and together we have created a dynamic and successful business. We believe that our people define and drive our business, which is why the growth, development, and well-being of all our employees is so important to us.

We work hard to ensure that careers at Gen Re are challenging, inspiring and rewarding, and that the work environment is ambitious and supportive.
We are committed to helping you to maximise your potential while on our programme:

  • In your first two weeks, we provide you with a structured induction programme to help welcome and prepare you for your role (in Cologne)
  • We support you through your actuarial studies and exams including days off to study
  • We provide learning opportunities on each placement, including structured on-the-job training, technical briefings, professional education courses and self-study
  • Rotation to work in different areas of the business and departments (which will include a placement overseas)
  • Our Human Resources Team are with you every step of way through our programme, and help you to devise your own Personal and Professional Development Plan
  • We will also provide you with a buddy and a mentor

About you

  • Strong analytical and critical thinking skills
  • Good attention to detail
  • Strong verbal and written communication skills
  • Organised, logical, and a clear thinker
  • Commercially minded, self-motivated and a team player
  • Committed to studying for actuarial exams
  • You have a 2.1 degree in a numerate subject. You have 3 or more ‘A’ levels (grades A to C), plus GCSE Maths and English (both minimum grade B).
  • You have good IT skills including Microsoft Excel and ideally R.
  • You can start with us in September 2024 and have an unrestricted right to work in the UK.

It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.