Job Description

Programme

Full Time Graduate

Career Path

Actuarial

Location

London

Start Date

September-2026


Programme Description

What does this team do?

In Actuarial we are problem solvers and strategic thinkers, who use mathematical skills to help measure the probability and risk of future events. Our work helps individuals to plan for the future, and it's always challenging and interesting.

As part of the Capital Market Group team, you will be involved in the more mathematically complex and programming-based roles of actuarial and banking work, requiring high levels of quantitative skills to solve challenging problems on behalf of our clients. There is a focus on research and development, with the team being responsible for the enhancement of Deloitte's economic scenario modelling suite: XSG, which helps us to determine probability.


You will also have opportunities to participate in the same projects as the wider life insurance team, allowing for a broad actuarial experience. The Capital Market Group team sits within the actuarial life insurance team, and together we serve a wide range of clients, across life and general insurance, asset managers and banks. Past projects have included: fast-paced mergers and acquisitions advisory, accounting transformations, and modelling impacts on insurers of risks arising from credit markets, operations and sustainability/climate change.

Capital Market Group, like the wider life insurance team, fosters an open and friendly working environment that naturally allows everyone to learn from the wide range of experts within the practice.

What skills and academic qualifications do I need?

We are looking for applications from someone who:



Has obtained or is studying towards a minimum 2:1 in Math or Finance related degree and will have obtained this degree by September 2026
Has obtained an A-level (or equivalent) in Math
No prior experience is required; however, we advise that you show some understanding of the insurance industry and the role of actuaries within it.
You would be a good fit for the CMG team if:
You are enthusiastic about solving mathematical and/or coding challenges. Someone who wants to apply their logical thinking skills to our research and development opportunities.
You take the initiative to improve weaknesses in programs and processes. Someone who analyses at a high level but also delves into the details.
You are willing to work closely with and learn from other team members. Someone who listens to and asks questions of peers, colleagues and seniors.

What kind of work will I do?

One of Capital Market Groups responsibilities is using, maintaining and developing XSG, which is Deloitte's in-house actuarial economic scenario generation software. This produces economic scenarios for clients to use in later modelling processes.
You will be running and enhancing XSG's tools and methodologies, including opportunities to research potential improvements to modelling approaches and writing research papers on these. You will also deliver economic scenarios and training sessions to our clients, as well as any bespoke modelling adjustments and changes as requested by clients. This will involve handling a variety of market data, as part of your work estimating, reviewing and validating a range of model inputs and outputs.
Capital Market Group also supports the wider life insurance team on a variety of projects. For instance, you may be advising insurance clients on the level of capital to hold and their capital structure, and in doing so helping to optimise their internal modelling processes. Or you may be supporting financial change programmes by identifying inefficiencies in our client's actuarial processes and collaborating with their people, to design and embed both better ways of working and new technology/solutions.

Where will I work?

At Deloitte we recognise how important face-to-face interaction is for your development in a new role. We also understand that our people need flexibility, which is why we operate a hybrid system, with a combination of office and home working. If you're in a client-facing role, you might be expected to attend client sites on certain days, while your meetings will be a mix of online and in-person events. Please note your final assessment and induction will also be in-person, to give you the opportunity to network and build relationships.

All our work spaces are accessible, however, if you require further flexibility due to a health condition or caring responsibilities, please discuss this with our team. You can find furthe

r information on our

parent and carer policies here.

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How will I develop?

In September you will attend our Analyst Induction Programme (AIP) alongside your Technology & Transformation Analyst peer group to learn about our company, culture and how we work. This is an in-person course over six weeks that includes engaging talks, group activities and immersive simulation challenges. You will be supported by our dedicated Technology & Transformation Early Careers team and team members from your business area, and you'll make friends along the way - helping to build your network here at Deloitte.
On a day-to-day basis, you will receive on-the-job training through your work with different actuarial colleagues and colleagues in other parts of the firm on varied client and internal projects. There are also formal training courses and e-learning to help you develop broader business skills. In CMG alongside developing core consulting skills you will also gain expertise in specific skills including risk modelling work, economic scenario modelling and coding. CMG offers stimulating actuarial work, typically with a mathematical and coding flavour, plus a strong internal support network and a friendly open culture.
We provide Graduate Analysts with the resources needed to support them through their journey to qualify as a Fellow of the Institute and Faculty of Actuaries. Students currently look to pass thirteen exams as well as gaining three years of appropriate experience in the industry. Full qualification usually takes between 3 and 6 years.
Upon being offered a role, you will be assigned a buddy who has been in your position as a graduate. They will be your informal point of contact for any queries and will offer insight and guidance ahead of joining.

Additional support and benefits information

We're a collaborative, inclusive firm and we want to help you to use your unique talents and perspectives in the workplace. From diversity networks to wellbeing and much more, we aim to support and reward you in the best way possible. Please use the links below to discover more about our processes, benefits, values and culture.

You can learn more about the

full recruitment process here.

Do you have accessibility requirements or need reasonable adjustments for the interview or assessment process? Find out how we can help.
Learn more about our

values, culture and purpose

as a firm.
Want to hear from some of our people to inspire your future career? Check out our

Life at Deloitte page

.
At Deloitte we value diversity, and we're committed to ensuring that our people thrive through a wide range of initiatives and diversity networks.

Discover more about inclusion and wellbeing.

We value our people and recognise their hard work. Learn about

the rewards and benefits

available at Deloitte.

Application Deadlines

Application deadlines:

The closing deadline for this role is 20th October 2025 (10am BST), but we recommend getting your application in as soon as possible. Please note, some of our roles may close before the deadline if we experience high demand.

Assessment deadlines:

Once you've applied to this role, you'll receive an email from our recruitment team outlining next steps and the relevant deadlines for you to complete the following stages of our process.



We operate a strict one application per year policy across our Early Careers opportunities. We recommend only submitting an application for a role that you feel is right for you.

Visa Sponsorship:

We accept applications from candidates requiring Student to Skilled worker sponsorship for this role. See our Work Permits page for more information.