Ireland Job Openings

Irish Life

Trainee Actuary- Irish Life Actuarial

Dublin

October 9, 2024

Location:Dublin, IE

Company: Irish Life Group Services Limited

Irish Life is Ireland’s leading provider of life assurance and pensions with a commitment to delivering the highest quality standards to our customers. We are part of the Great-West Lifeco group of companies, one of the world’s leading life assurance organisations.

We are proud of our culture of developing and supporting the growth and professional development of our people. The focus has resulted in a team of top talent with high standards, positioning us at the forefront of our industry.

Role Overview

Due to continued growth and success, we are recruiting highly motivated and capable people for the role of Trainee Actuary. This is an exciting opportunity with a lot of potential for career development in a fast-moving environment.
We are keen to speak with suitable students from an actuarial, finance, mathematical or other relevant degree background. Successful applicants can hope to commence work between June and September 2025.

The Opportunity

The Irish Life Trainee Actuary programme offers a range of supports to guide students in their careers.

The Rotations Policy rotates trainees between actuarial teams every 2-3 years, allowing them to develop valuable experience across a range of areas in the business.

Irish Life offers a comprehensive Trainee Actuary Study Scheme programme, which includes:

Paid study leave ahead of exams
Payment of exam fees & membership of the Institute & Faculty of Actuaries and Society of Actuaries in Ireland
Study materials including notes, exam solutions, and marking for coursework
Study tutorials
Career mentoring within a company with the largest actuarial community in Ireland

Irish Life supports an active work-life balance, and includes subsidised gym membership, Sports & Social clubs, Staff Charities, a Diversity & Inclusion programme and multiple volunteering opportunities in the community. Our state-of-the-art campus redevelopment will be completed in 2026, and includes a brand new gym and swimming pool complex.

Irish Life offers a comprehensive remuneration package as well as a range of other benefits, including health insurance allowance, a generous pension scheme and a range of other protection benefits.

We have a ‘flexi-leave’ policy which allows for both flexible working hours and additional flexi-leave in addition to the standard annual leave.

The Irish Life campus is located in the heart of Dublin city centre, with easy access to public transport, shopping and restaurants. We are delighted to have implemented a hybrid, flexible way of working whereby a blend of remote work and on-site work is possible for staff, to suit the requirements of both the business and staff members.

The Roles

The roles available include a wide range of responsibilities within our actuarial teams, including:

Providing insights on the business performance and the setting of regulatory reserves and capital
Developing and pricing new and innovative insurance products that meet emerging customer needs whilst generating adequate shareholder return within controlled risk thresholds
Implementing and reporting on complex reinsurance strategies designed to reduce risk
Performing data analysis to identify trends and anomalies and assisting in management’s decision making
Providing actuarial and technical support for queries from clients, sales channels and other teams
Developing and improving modelling solutions to assist in financial reporting, obtaining business insights and new business pricing processes

The Person

The ideal candidate will possess the following skills and knowledge:

The ability to work well within a team and across teams.
Keen commercial awareness, technical abilities and problem-solving skills.
A strong customer service focus, with an ability to meet challenging deadlines.
Excellent communication and interpersonal skills.
Excellent PC skills and the ability to further enhance skills here. Knowledge of MS Office, SQL, VBA or other emerging software would be an advantage.

If you think you would be a great fit for Irish Life then please apply using the following link Apply Here before 10am Friday 25th October 2024.

Please include in your cover letter a short paragraph (no more than 100 words) on your motivations for becoming an actuary, and a completed version of the following table:

Name

University

BSc./MSc.

Course

Expected overall final grade

University subject results to date for Years 1-3

Leaving Cert results & points / A level results / Equivalent regime in other countries.

Please include the result in Maths.

If relevant

Expected actuarial exemptions

Information on any previous degree(s)

Placement experience (name of company, field of work)

Interviews are likely to be held in November, with flexibility around the timing of college exams and other events.

The company reserves the right to draw up a shortlist as part of the selection process.

ILGL supports Equal Opportunity

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