Actuarial

Graduate Programme

Search and apply In-depth guide

Acting as an expert adviser to the insurance industry, our Actuarial team help organisations to manage financial risk. Here, you’ll be given the chance to use detailed analysis of past events to create accurate models of the future – and crucially, advise on their financial implications. It’s a highly technical role, best suited to graduates who are numerate, extremely ambitious and able to communicate complex ideas to non-specialists. Our Actuarial Graduate Programme is a great opportunity to build a varied career, gain the Actuarial qualification in three to five years, benefit from a range of training options and help clients to solve complex business challenges. Within Actuarial, there are two different areas which you could join, both working with some of the biggest companies in the UK and global insurance market:

Life Actuarial Services provides advice to the Life Insurance industry, who in turn provide investment related products (such as endowments or insurance bonds) or protection products (such as term assurance policies or critical illness cover). 

General Insurance covers the spectrum of business and personal risks, with types of insurance ranging from standard car and house to more exotic insurances covering satellites, oil rigs or hurricane damage. Changing regulations, new products and developing markets mean that nothing stands still in this challenging and demanding business area. 

Like our clients, we're having to adapt. This means new working patterns, physical adjustments in our offices and new ways of interacting with our colleagues as well as the organisations we work with - we are harnessing technology to help underpin this change.

We’re reimagining how we work at KPMG. Our firm is creating a tech-driven business to empower and equip our people to be outstanding in delivery – through inspiring workspaces, innovative ways to collaborate and hybrid ways of working. In your role, you’ll work flexibly across your location region – at KPMG offices, engagement sites and from home.

Programme summary

Programme overview

Capability: Consulting

Programme length: 3 years

Qualifications: Fellow of the Institute and Faculty of Actuaries

Entry requirements

As a general rule, you’ll be expected to meet the following requirements (*or equivalents)

  • Minimum grade 6 GCSE Maths
  • Minimum grade 6 GCSE English Language
  • Minimum of 136 UCAS points under the 2017 tariff point system at A Level. Must include A in Maths
  • Minimum 2:1 in a numerical or analytical degree (for example Actuarial Science, Maths, Statistics, Data Science, Economics, Engineering or Physics)

Please note, we only consider a candidate's 'top' 3 A-Level grades and do not accept General Studies.

At KPMG, we look at more than just your academic results. We will review your application, together with your performance in our assessments, to ensure that you have the best opportunity to demonstrate your potential. We will be considering your strengths and achievements alongside a number of other metrics, including technical background and/or experience, to ensure that you have the skills to succeed at KPMG.

Key skills

Throughout the recruitment process we will be looking to learn more about your strengths.

To be successful on this programme, you will be required to demonstrate the strengths that we look for in our graduates at KPMG.

Learn more about what we look for and how to apply here.

Training and development

The training and development of our people is critical to the future success of our business. We want all of our trainees to embrace a growth mindset of learning every day, which is why we have created a rich curriculum and learning community to help trainees build their skills and fulfil their potential. This ranges from an immersive 5-day induction experience, formal training courses, leadership knowledge bites, learning journals, online courses and networking events – all aligned to our life-long learning strategy and part of our overall student package.

In addition, in Actuarial we offer IFOA through an Apprenticeship route.

The Actuarial programme is delivered via a range of live and recorded courses, together with extensive online material libraries. Students will have access to a dedicated coach throughout their study programme to provide tailored support towards the exams. Study leave is afforded based on our learning provider's recommendations, enabling you to balance studying and learning materials at a pace suited to your style, and then getting individuals ready for final revision and exam technique practice in the run up to sittings. There is flexibility to the study programme over your training contract based on any exemptions received, but all enabling you to have structured support to qualify swiftly.

Additional important information

In your role, you’ll work flexibly across your location region – at KPMG offices, engagement sites and from home.

Back to top