Line of Service
Job Description & Summary
People & Organisation
In People and Organisation (P&O) we help some of the leading UK and international employers make the most of their biggest asset – their people. It’s such a diverse area, where we 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. We 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.
Our graduate training programme is underpinned by a development framework that broadens and deepens your knowledge. You’ll learn from hands-on coaching and an outstanding variety of work, picking up business, personal and technical skills you can use across the network, and throughout your career.
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.
What you’ll gain
During our programme, you’ll study with the Institute and Faculty of Actuaries. Once you’ve completed the exams, you’ll then be fully qualified and a Fellow of the Institute of Actuaries.
What you’ll need
You’ll need to have or be on course for a 2.1 degree or above in any subject. We determine whether you’re on course for a 2.1 based on the grades you achieved in your last completed year of academic study.
Although we do not look for any specific degree or A Level subjects, please note that the Institute and Faculty of Actuaries (IFoA) offers some guidance to those considering a career as an Actuary: https://www.actuaries.org.uk/becoming-actuary/route-becoming-actuary. The IFoA qualification syllabus is rigorous and the examinations are highly demanding, so they recommend applicants have a maths-based degree. If you do not have a maths-based degree, they recommend you take one of their non-member exams to prepare you for the IFoA qualification process.
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.
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.
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