Actuarial Graduate Programme
applications ended: 30/11/2017
"AXA wants you to think differently and bring a fresh perspective. It’s not a case of you changing to fit in with the company - the company will tailor the programme to you."
In 2016, AXA Group’s total revenues were almost €100.2 billion. Impressive, we think you’ll agree. It also demonstrates the importance of effectively assessing financial risks, designing and pricing products, and calculating the amount of money we need to set aside now to be confident that we’ll be able to meet our liabilities when they fall due. That’s why actuaries are so important to AXA. Actuaries make financial sense of the future. They apply mathematical, statistical and economic models and provide us with expert investment advice.
Typical placement programme
An actuarial career isn’t a soft option. But it’s not a tough choice either. Yes, it takes between three and seven years to qualify, but the rewards, opportunities and possibilities are enormous. You’ll have the opportunity to work within a number of different business areas, including Pricing, Reserving, Capital Modelling, Risk Management and Business Finance, which will complement your actuarial studies. And, if you’ve the appetite and the drive, you could have the chance to head off on an international assignment, spending time at another AXA global company.
These roles will be based in Ipswich.
Who should apply?
You’ll need a head for figures, that’s for definite. So we’d like you to have an A grade at A-level Mathematics (or an equivalent qualification), as well as a 2:1 degree (or above) in a Mathematical or highly numerical degree. And because of this background, it goes without saying that you’re analytical and methodical as well as able to communicate your technical knowledge to influence others. Potential’s massively important. We don’t expect you to know everything about economic and statistical modelling just yet. But we do expect you to be a quick and keen learner, ready to make the most of the opportunities that will come your way.
Rewards and benefits
You’ll start on a basic salary of at least £30,100 a year (depending on location). You’ll have regular pay reviews (and receive a performance-related bonus) and receive salary increases after passing key exams on your way to full qualification. You’ll enjoy 25 days’ holiday, company pension scheme, free on-sit parking and share options. And it’s only right that we give you a healthy discount on AXA products.
Learning and development
Tailored to you, owned by you, driven by you, your Personal Development Plan will ensure you have the constant support and guidance of your line managers and mentors. You’ll receive all the help and support that you’ll need as you progress through the exams to become a fully qualified actuary, from materials, tutorials, plenty of time off to study, and the guidance of those around you – after all, we want you to qualify.
As well as on-the-job training, you’ll receive regular one-to-one coaching from your line managers. Feedback’s vital, and regular performance reviews are part-and-parcel of the programme. It’s important that, at every stage, you know how you’re doing and where you need to do more.