Trainee Actuary

Location: Douglas, Isle of Man 

Closing date for applications: 1st July 2025

The opportunity: 

An exciting opportunity has arisen for a Trainee Actuary to join a team of highly skilled actuaries.  As an Actuarial trainee, you will gain experience in the key actuarial functions of corporate centre reporting and regulatory reporting, with the potential for additional work in planning, product pricing, risk management and projects.  You will be given training in how to produce accurate and timely financial data for regulators, local management, Corporate Centre and other stakeholders. 

Key responsibilities:

• Update and maintain existing documentation of procedures.
• Ensure data used in calculations is accurate and free from errors.
• Build and maintain effective relationships with internal and external customers.
• Communicate results of any calculations in a clear concise way to other team members and internal or external customers. 
• Communication may be by a range of methods including written reports, presentations, face to face discussions, phone calls or e-mail.

Your skills and experience:

• High degree of numeracy.
• Passes or exemptions from some core principles exams of the Institute and Faculty of Actuaries an advantage, but applicants with no exam passes will be considered.
• Strong degree or equivalent in Maths/Actuarial Science or a related subject.
• Highly computer literate with experience in using Microsoft Excel and Access to an advanced level an advantage. Experience using Prophet/R/SQL/Python or similar also an advantage, but not essential.
• A keen interest in data analytics.
• Meticulous in preparing and checking work paying close attention to detail.
• Committed and determined to meeting deadlines.
• Able to communicate clearly and concisely, both verbally and in writing.
• Self-motivated, curious and pro-active approach to work.
• Strong team player as well as the ability to work independently.
• Willing to challenge current processes and practices with a view for improvement. 

Who are we?
We are Zurich International Life!  
 
We support our fellow business units who provide life and savings products to markets around the world.  Based out of the Isle of Man since 1982, Zurich has built a strong reputation as a reliable, dependable yet innovative insurer and regularly receives recognition and awards from the industry. 
 

This role is based in our state-of-the-art Isle of Man office alongside a further 360 employees at this location.
 

Our culture:      
At Zurich on the Isle of Man, our sense of community is strong and we’re particularly passionate about diversity and inclusion. We want our people to bring their whole selves to the workplace and ensure everybody is made to feel welcome, regardless of their background, race, gender or sexual identity, beliefs, or culture. We are committed to treating all our applicants fairly and with respect, irrespective of their actual or assumed background, disability, or any other protected characteristic.    

We have an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities.       
 

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.    

Why Zurich? 
Aside from our fantastic office space, which we demonstrate in our video, we have a great benefits and reward package.  
 

Please take a look at the video for an insight into Zurich: 

https://players.brightcove.net/5768412917001/default_default/index.html?videoId=6318953386112 

So, make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.