Actuarial Apprentice Review

Job title: Actuarial apprentice, although in practice you work in the same job role as a graduate/analyst. Tasks vary daily - some examples: Transfer values, data manipulation, drafting reports etc. I interact with most members of my client teams daily. You are the primary 'doer' on most jobs and responsiblity for devilvering the first stage of work falls on you.

I have passed modules 0 and 1 of the certified actuarial analyst qualification. I have attended 3/4 training courses around the country with other apprentices and graduates. I have a personal development allowance built into my hours. I have learnt many new skills such as performing liability calculations and developed existing skills massively such as excel.

I rarely grudge going to work and enjoy the work I am doing. The team have been generally supportive and the company has a growth mindset focused on owning your own potential.

Generally feel valued by most of my colleagues. My manager encourages me to be my best self. My involvement in projects is good although I would appreciate being more involved from start to finish.

Fairly well structured programme. There is a 2 week induction at an external training centre which is great fun but could focus more on the job role. There is training courses held every few months but I think there could be smaller technical focused courses. The HR/early careers team do a good job of organising all events and webinars. I don't think enough information was given to my team locally to help support me.

I had 5 tutorials over 2 exams, these were good. The tutors are good and happy to answer questions. My advisor is very focused on helping me be successful.

My manager tries to support me as much as possible. The company gives 8 study days per exam, I feel this could be more.

The salary offered is generous compared to some other apprenticeships, however you are getting paid significantly less than graduates doing the same job. Most of my salary goes towards living costs.

Not many company events in Scotland area. Glasgow has standard amenities for a city of it's size. I tend to go to the gym before work and study after work.

Yes

I feel like it is a good alternative to university, with real career prospects if you apply yourself.

Do your research on the job. It is heavly mathematics based. Interviewers are looking for someone who will fit well into the team, not just the best CV, make sure to be yourself.