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.