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Summer Internship Actuaries in P&O - Pensions Birmingham 2021

Posted: 27 Oct 2020 Closes: 26 Nov 2020
Birmingham, Midlands Region UK Competitive
Permanent & Full-time PwC_45924BR

Job description

As one of the UK's largest Actuarial practices we're market leaders providing insights and solutions for all businesses that face significant and complex risks. We play an important role in supporting clients through uncertain times. Actuaries analyse how future events could affect businesses and we calculate the impact these event could have on our clients. Using our risk and analytical skills and predictive insights, we calculate the impact of changing demographics or legislation on pension schemes, the effects that changes in financial markets have on different organisations, or how likely a business is to be hit by an earthquake. You'll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you'll develop a flair for presenting your findings in simple, easy-to-understand language. What's more, early client exposure will broaden your experience.

People & Organisation

In People and Organisation (P&O) you'll help some of the leading UK and international employers make the most of their biggest asset - their people. It's such a diverse area, you could work on projects helping business leaders define their HR strategy, through to advising clients on how to improve the effectiveness of their workforce. Or help senior executives understand their global personal tax obligations, to implementing cutting-edge technology in the HR space. You'll work on projects across all sectors of the economy, providing vital support to clients. And whatever you work on, you'll learn about employment tax risk, employment cost reduction and employer social responsibility.


What you'll do


As an Actuary in Pensions, you'll learn how to use complex financial and statistical theories to weigh up the risks and estimate the odds of what might happen. Just as important, you'll develop a flair for presenting your findings in simple, easy-to-understand language. What's more, early client exposure will broaden your experience.

You could consult on how they should manage both liability and asset risks within their pension plans, negotiate with trustees on how to fund schemes, design plans to help employees save for retirement and advise on potential mergers or acquisitions.

Using our market-leading pensions analytics tool and range of expertise, you'll help clients develop and implement their pension strategy or benefit schemes.

Summer Internship


Our Summer Internships offer high calibre students the opportunity to experience work and life at PwC, and gain a valuable insight into our business and culture. You'll work alongside graduate trainees and experienced professionals on live and interesting client projects. You will be doing real work on real clients so be prepared to get stuck in.
What you'll gain

Discover what a career with us is all about, and boost your employability. You'll find out first-hand if this is the career for you - do well, and you could be offered a graduate job. Working alongside specialists, you'll work on client projects to give you the best insight into what we're about. You'll have the opportunity to build networks with your colleagues and peer group.


What you'll need


At PwC we no longer use UCAS tariff as an assessment tool for the majority of our undergraduate and graduate opportunities. However, the Institute and Faculty of Actuaries require you to have:

- A minimum Grade C in A Level mathematics or equivalent*

- A second A Level in any subject at a minimum Grade C

* Depending on your degree subject this A Level requirement may be dropped.

In addition to this UCAS requirement, PwC also require you to have

- achieved or on target for a 2.1 in any degree discipline

If you're unable to meet these UCAS requirements, we won't be able to consider you for a role as an Actuary. If you do meet the degree requirement, you may want to consider other programmes on offer which don't have a UCAS tariff requirement. If you would like to find out more about the requirements for the IFoA please refer to the following link - www.actuaries.org.uk/become-actuary/how-become-actuary

When to apply


Although there is no application deadline, each year we have only a small number of Graduate roles available. We therefore advise applying early, but please be prepared for a short wait in processing your application at each stage of our process while we consider your application alongside others.


Do you need a work permit?


Please note that PwC is unable to sponsor any candidates for the following graduate roles as the Home Office's eligibility criteria will not be satisfied. For more information visit our website.

Find out more
Diversity

Valuing Difference. Driving Inclusion

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.

PwC

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