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Actuarial Student Placement - Fixed Term Contract 2025/2026

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Travelers

Sep 11

Applications are closed

  • Internship
    Full-time
    Placement Program
  • London

Requirements

  • - Currently studying an Actuarial or Mathematical (or related) degree
  • - Option to take a placement year in industry before completing final year of study
  • - Strong analytical skills
  • - Excellent communication skills (both written and verbal)
  • - Desire to build relationships across the business
  • - Committed to being a trusted partner
  • - Ability to work easily and naturally with others
  • - Foster meaningful partnerships
  • - Ability to think creatively and challenge conventional thinking
  • - Enthusiastic, positive, and open-minded
  • - Initiative to look for better ways of doing things

Responsibilities

  • Information processing, manipulation and analysis to support:
  • Quarterly reserving process
  • Monthly and quarterly uploads and checking the data warehouse uploads
  • Corporate Planning
  • Large case pricing
  • Portfolio analysis
  • Taking a meaningful role in the process improvement project:
  • Exposure to coding in python and SQL
  • Assisting Senior Actuarial team members in the running, production and checking of all regular reports, management information and exhibits for use in reserving and planning exercise portfolio review
  • Updating and improving documentation of existing and new processes
  • Ad-Hoc tasks to support the Actuarial department

FAQs

What is the duration of the Actuarial Student Placement?

The placement will start in the summer of 2025 and run for the 2025/2026 academic year.

What qualifications are required to apply for this position?

Applicants should be currently studying an Actuarial, Mathematical, or related degree, with the option to take a placement year in industry before completing their final year of study.

What kind of experience will I gain during the placement?

You will gain real experience in the insurance industry, providing analytical and actuarial support, and participating in various processes such as reserving, corporate planning, and portfolio analysis.

How does the hybrid work arrangement work?

Travelers Europe currently offers flexibility for employees to work in a hybrid format, which entails working three days a week in the office and two days at home for full-time employees (or pro rata for part-time employees).

Will I receive training in technical skills during the placement?

Yes, you will have exposure to coding in Python and SQL, as well as assisting senior team members in various tasks.

What personal qualities does Travelers value in applicants?

Travelers values candidates who are committed, connected, creative, and energized, fostering meaningful partnerships and demonstrating initiative.

Is prior insurance industry experience required for this role?

No prior insurance industry experience is specifically required, but a strong analytical background and excellent communication skills are essential.

What types of tasks will I be involved in during the placement?

You will be involved in tasks such as data processing, supporting the quarterly reserving process, assisting in large case pricing, and updating documentation of existing and new processes.

What is Travelers' stance on diversity and inclusion?

Travelers is an equal opportunity employer and values the unique abilities and talents of each individual, recognizing that diversity benefits the organization in numerous ways.

Travelers – taking care of our customers, communities and each other.

Finance
Industry
10,001+
Employees
1853
Founded Year

Mission & Purpose

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers. Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount. By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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