FinanceData Science
Actuarial Apprentice
Lloyds Banking Group · BPP PROFESSIONAL EDUCATION LIMITED
Location
Bristol
Postcode
BS1 5LF
Salary
£27,400 a year
Duration
5 Years
Hours per week
35h
Positions available
3
Level
Level 4 – Higher
Qualification
Actuarial technician (level 4)
Start date
1 September 2027
Application deadline
12 January 2027
Posted
4 November 2026
Vacancy reference
2000062656
Disability Confident
✓ Yes
About the role
- Pricing insurance, pensions and investments using specialist techniques to make sure we’re fair and competitive.
- Calculating reserves and capital so we can pay out future claims when our customers need us most.
- Using actuarial and statistical modelling techniques to understand and prepare for a wide range of risks.
- Designing and developing actuarial models and software to predict outcomes and guide decisions.
- Analysing past data and trends to set smart assumptions that power our models.
- Optimising investment strategies to keep us aligned with regulatory requirements and risk appetite.
- Explaining complex concepts to stakeholders and presenting financial results that influence strategic thinking.
Working week
Monday - Friday. Shifts to be confirmed.
Skills
Communication skillsIT skillsAttention to detailOrganisation skillsCustomer care skillsNumber skillsAnalytical skillsTeam working
Required qualifications
Essential
GCSE · English · Grade 4-9
Essential
GCSE · Maths · Grade 4-9
Essential
A Level · Any subject · Grade C
Essential
A Level · Any subject · Grade C
Essential
A Level · Maths · Grade B
Training & development
Future prospects
You’ll nail how to create, verify and review accurate, timely financial information while working with the latest and greatest tools and tech:
Excel/VBA, Python, R, Prophet and Power BI.
Along the way, you’ll level up your maths, problem-solving, data storytelling and communication skills. And get the confidence to explain complex ideas simply (which is super useful for any career).
Company benefits
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 22 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
About Lloyds Banking Group
At Lloyds Banking Group, Finance is less about adding things up and more about making things happen. Big things.
If this one works out
This role is in Bristol. If you'd be moving for it, a room in a shared house there typically runs £650–£900 a month.