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Summer Intern: Actuarial

🏢 Zurich Insurance 📍 Douglas, Scotland 💼 Company - Private
Currency:
£30,400 - £63,849
£2,533 - £5,321 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
Douglas, Scotland
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Zurich 2023 Summer Internship
Job title: Summer Intern – Actuarial
Location: Douglas, Isle of Man
Closing date for applications: 21st April 2023

Are you a passionate and driven student who is eager to gain paid experience during your summer break?
Our summer programmes give you a real job with real responsibility and a taste for how a global insurer operates. Our 2023 internship roles have been carefully designed to provide you with opportunities to build up a strong understanding of our culture and how we serve our customers.
Who are we looking for?
We are looking for an enthusiastic and passionate student to join our busy Actuarial team; where you will gain insight into all aspects of work performed by the Actuarial team.

Skills and experience….
  • Strong academic performance in any discipline.
  • Naturally curious and inquisitive.
  • Demonstrates empathy: being able to put yourself in other peoples’ shoes and to show care and concern for others around you.
  • A problem solver, who is open to innovation and will challenge the status quo to get the best result.
  • Strong time management and organisational skills.

A bit more about what you will be doing….
  • Reporting to regulators and to our parent company, analysis of experience data and dealing with non-standard calculations for policyholder queries.
  • Subject to experience and progress, the successful candidate may use a variety of software tools including MS Office (predominantly ME Excel and MS Access), the actuarial modelling software Prophet, as well potentially programming languages such as SQL and R.
  • Working with students at all levels of progress through their actuarial exams to gain an insight into studying for the professional exams and progress to becoming a qualified actuary.

Why a Zurich Summer Internship?
  • Competitive pro rata salary
  • 25 days holiday pro rata for the duration of the internship
  • Gain experience of a fast-moving, competitive, and business-focused environment whilst completing your studies!
  • Free car parking
  • Free fruit on a weekly basis
  • Employer of the year


Who are we?
We are Zurich International Life!
We support our fellow business units who provide life and savings products to markets around the world. Based out of the Isle of Man since 1982, Zurich has built a strong reputation as a reliable, dependable yet innovative insurer and regularly receives recognition and awards from the industry.
We believe in having a diverse mix of employees that reflects our customers and the communities in which we live and work. Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome. We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community actively through the Zurich Community Trust.
This role is based in our state-of-the-art Isle of Man office alongside a further 300 employees at this location.

Please take a look at the video for an insight into Zurich:
https://players.brightcove.net/5768412917001/default_default/index.html?videoId=6318953386112

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Zurich Insurance

Apply for this Position

Location: Douglas, Scotland
Eligibility: Verified Employer Direct Placement
Schedule: Company - Private
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