Forvis Mazars

Advisory & Consulting - Actuarial Graduate Trainee - September 2025 - London

Job posted: Dec 02, 2024
London, Greater London, United Kingdom
  • Salary average
    -
  • Type of employment
    Full-time
  • Remote
    n/a

Company

At Forvis Mazars, we celebrate individuality and we thrive on teamwork. We give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and make an impact, so that everyone can reach their full potential.

That's why Forvis Mazars is the smart choice.

Discover your potential with Forvis Mazars

Forvis Mazars is a leading international professional services firm. We are a united partnership delivering exceptional quality in audit, accounting, tax, financial advisory, outsourcing and consulting.

At Forvis Mazars, we have a wide range of opportunities for you to gain experience in a firm that truly cares about your aspirations. Forvis Mazars is an amazing place to learn and grow, we are known for giving ambitious people responsibility and exposure early in their career.

Our culture is all about, celebrating individuality and we thrive on teamwork. We give people the freedom to make a personal contribution to our shared purpose. We work together to deliver quality, create change and make an impact. We support one another to deliver quality, create change and make an impact, so that everyone can reach their full potential.

We have various Graduate Traineeships, Industrial Placements, Internships, Apprenticeships and Work Experience opportunities available throughout the year within Audit, Tax and Advisory Services. We employ into 13 of our offices nationally, meaning there is an opportunity to suit you in whatever field and location you wish to start your career in.

Perks and Benefits

  • Annual Leave +
  • Charitable giving
  • Dental insurance
  • Wellbeing benefits
  • Virtual GP
  • Cycle to work
  • Gym discounts
  • Life assurance
  • Pension
  • Flexible benefits
  • Access to our additional benefits platform

Staff testimonials

Prerak story - “There are no limits on the ways you can make an impact at Forvis Mazars”.

Laura story - “I have been supported every step of the way and I want to inspire other women to join the technology industry”.

Donay story - “At Forvis Mazars, I get more exposure to senior leaders and more opportunities to progress”.

Ruth's story - “Finding a culture that shared my values was really important to me”.

Culture and values

Strong values have been at the heart of our organisation since its creation. They guide us in our daily actions, providing a common base of values that all Forvis Mazars' partners and teams share and respect.

Integrity - ethical and moral rigour guide how we work and assist our clients.

Responsibility - we treat our clients' challenges as our own and we care about how our work may affect our communities.

Independence - we always think independently, and in our roles as auditors and advisors we always act independently.

Technical Excellence - technical excellence is one of the founding principles applied at every level in the Forvis Mazars Group. This constant search for the highest standards of quality leads to client satisfaction, improvement in business lines and staff development.

Diversity & Respect - looking beyond borders and cultural differences, we make respect for the individual and sharing the cornerstone of all human relations. United in diversity, we see our capacity to listen and our open-mindedness as a true lever for innovation.

Continuity - as new faces come and go, as one generation hands over to another, our relationships, experience and knowledge survive. We learn from the past but look to the future.

Responsibilities

  • Enjoys meeting and engaging with new people with an underlying respect for individuals, diversity, and integrity
  • Perform detailed testing of claims data to challenge management on trends in large and unusual movements
  • Use actuarial techniques to create independent expectations to review assumptions related to annuities, whole life, term assurance, and health products
  • Assist in creating presentations in non-technical language for non-actuaries
  • Create independent cashflow models for products such as annuities, whole life, and term assurance, and compare the output with models received from clients
  • Provide support in writing technical reports
  • Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates
  • Review the methodology and assumptions selected by management in their calculation of reserves

Contract

40 hours per week

Candidate requirements

  • Strong sense of ownership of duties and high levels of responsibility to deliver on promises
  • The ability to think critically solve problems and share knowledge with others
  • Develop client relationships through meetings, social activities, and gaining an understanding of their business/industry

Skills used at work

  • Actuarial Techniques
  • Health
  • Integrity
  • Management
  • Mortality
  • Presentations
  • Products
  • Technical report

Job description

Our Actuarial team helps insurance organisations manage financial risk by analysing past data and advising on financial implications using our in-house reserving models. Graduates joining this program will gain expertise in actuarial skills such as reserving, data analytics, and regulatory reporting, alongside key consulting skills. Supported by a diverse team of experts, they will have access to various learning opportunities, including formal training and e-learning. Graduates will work with some of the world's most recognisable companies, including those listed on the London Stock Exchange, as well mutual and proprietary businesses. Our Actuaries work across both life and general insurance industries, addressing diverse client needs.

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, and compare the output with models received from clients.
  • Review methods to derive assumptions such as lapse, mortality, longevity, mortality trends, morbidity, expenses, discount rates (both deterministic and stochastic), and matching adjustments used in the cashflow projection models.
  • Use actuarial techniques to create independent expectations to review assumptions related to annuities, whole life, term assurance, and health 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, social activities, and gaining an understanding of their business/industry.

You're joining us as a permanent employee, so the 3 years is only the beginning of your exceptional career journey at Forvis Mazars.

Learning and development

  • Fully funded professional qualification for this role: Institute and Faculty of Actuaries (IFoA)
  • Additional qualification(s): Level 7 apprenticeship

Our supportive culture includes coaching, mentorship, and one-on-one guidance. In addition to funding qualifications, we provide time off to study, and a blended training approach including in person and virtual learning. You will be allocated a buddy before joining who will support you to settle into the team and navigate your first year at Forvis Mazars.

You will also receive comprehensive quality training and development to excel in your professional career; this includes development in professional excellence, client excellence, digital excellence, and technical excellence. Our goal is to support you in reaching your full potential and become a standout talent. To understand more read our FAQs.

What we are looking for

  • On track to receive or have obtained a 2.1 or above in a relevant degree (e.g. Maths, Physics, Economics, Engineering or Actuarial Science)
  • 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 solve problems and share knowledge with others;
  • A commitment to self-development and learning;
  • Strong sense of ownership of duties and high levels of responsibility to deliver on promises;
  • Always looks to try their best in all they do and always looking for ways to improve;
  • Enjoys meeting and engaging with new people with an underlying respect for individuals, diversity, and integrity;
  • Works well under pressure and have a positive ‘can-do' attitude if faced with challenging situations;
  • Excellent time management skills;
  • A willingness to travel and adhere to our flexible working environment.

Accepted degree subjects

Any

Additional job details

Location: London

Salary: Competitive salary

Contract, dates and working times: Start Date 1 September 2025

How to apply

Click Apply to start your application now. This job will be available on Prospects until 31 January 2025

Don't forget to mention Prospects to employers when you contact them.

Closing date: 31 January 2025

Job posted: Dec 02, 2024

Expiration date: Dec 02, 2025