2027 Graduate - Trainee Actuarial Consultant - Retirement (Cheltenham)

Please read before submitting: You may only apply to one trainee programme for our 2027 intake. If you do apply for multiple locations, we’ll only consider you for the one you’ve applied for first.

• Location: Cheltenham
• Start date: September 2027
• Salary: 32,000 - 34,000

We develop teams who give and welcome different opinions, views and cultural perspectives and building on our culture of doing the right thing. We want everyone to feel they can bring their whole self to work, confident they are included and respected whilst working together to build an inclusive and diverse working environment.

The supportive structure we have in place will help you manage your work/life balance, which is why our study support package and dedicated training team are always on hand for guidance throughout our graduate programme and beyond. Look at what graduates, who recently joined us have to say:

"I joined the business as part of the graduate intake, and ever since I started at the firm, I have felt a valued member of the team and have been well supported in my work. The company's culture centres around doing the right thing this shines through, supporting clients, but also in how the business puts emphasis on staff wellbeing and development."

“When I first joined, what surprised me the most was the extremely generous study package offered to all graduates. There is a wide variety of resources and a personal study mentor ensuring that students have all the materials and the guidance needed to succeed in the IFoA exams. On top of that, graduates have substantial study days to effectively prepare for the exams.

What you’ll be doing?

All of our graduates get early opportunities to work directly with clients and plenty of training to develop their technical, communication and problem-solving skills. Some of the tasks you can get involved in as a Trainee Actuarial Consultant working across our Actuarial and Employer Consulting teams include:

1) A variety of actuarial services to defined benefit pension schemes, such as:

• actuarial calculations
• processing and validating data for actuarial valuations
• working with consultants to assess the objectives and requirements of clients
• preparing draft client reports and advice
• attending client meetings and taking an active role in presentations

2) Supporting our corporate team on a wide range of areas.

3) Opportunities to be involved in building up our capabilities in other exciting areas of the firm.

Our trainee consultants develop a broad, transferable skillset which covers both technical and consulting matters. You will also have opportunities to work on a wide range of projects and to develop your softer skills.

Alongside the on-the-job training you will have full study support comprising of study leave, financial support, and a study mentor – we want you to succeed with us!

Who are we looking for?

No experience is needed; we’ll teach you everything you need to know!

Our current graduate vacancies require a minimum 2:1 degree, A at A-Level or Higher Maths and Level 6 at GCSE English Language or B at Scottish National 5, (or other equivalent qualifications), we require dedicated individuals with a strong academic background who are dynamic, proactive and have excellent communication skills.

To be eligible for our programme, you must have the full and unrestricted right to work in the UK.

Application process

Our application process is designed to help you show your potential, not to test what you already know!

Thank you for your interest in our 2027 graduate position. Once you've completed your application and answered the eligibility questions, we'll review your responses to confirm that you meet the programme's eligibility requirements. Applicants who meet the eligibility criteria will progress to the next stage of the recruitment process.

At Howden, people are at the heart of everything we do. As an employee-owned business, we believe success is built through collaboration, learning and supporting one another. You'll gain exposure to an exciting global industry, receive structured development and build relationships that could shape your future career.

You'll also benefit from:

• A competitive salary
• Excellent training and development schemes and accelerated career progression.
• Access to a buddy to support you throughout your internship.
• Access to discounted personal health policies as well as a range of insurance products.

Follow our TikTok pages: @earlycareersjo and @millieinsurancecareers, and explore our Connectr hub to discover more about Howden, our culture, and the insurance industry. You'll find resources to help you prepare for our recruitment process and understand which career path could be the best fit for you.