Actuarial Graduate Scheme

Posted Yesterday
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Stirling, Stirling and Falkirk, Scotland, GBR
In-Office
Entry level
Fintech • Financial Services
The Role
Three-year actuarial graduate programme starting September 2026 with rotations across Finance Actuarial functions, support for IFoA qualifications, professional skills development, mentoring, and exposure to finance reporting, regulatory work, and finance IT systems.
Summary Generated by Built In

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. 

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

Kickstart Your Career with Our Three-Year Graduate Scheme

Join us on a three year programme to build a deep understanding of the Actuarial functions within the M&G Finance department. Your journey will start on 14 September 2026 with a cohort-wide induction, blending industry-focused training with insight sessions led by our experienced professionals. From there, you’ll embark on a programme designed to accelerate your growth:

  • Business Rotations: Participate in structured 18-month rotations across our Finance Actuarial functions. Each placement will help you build technical expertise and broaden your understanding of how our business operates.

  • Professional Qualifications: We’ll support you to work towards the Institute and Faculty of Actuaries (IFoA), providing dedicated study leave and resources to help you succeed.

  • Professional Skills Development: Alongside your cohort, you’ll develop essential skills via interactive workshops and self-led missions, covering topics like networking, communication, and personal brand.

To support you throughout the programme you’ll have a manager to guide your development, a buddy for day-to-day queries, and plenty of opportunities to attend insight events and grow your network across M&G.

What will I be doing?

By joining our Finance function, you’ll play a meaningful role in helping M&G generate value for the organisation. Finance is at the heart of strategic decision-making - delivering insights, balancing stakeholder needs, and ensuring robust controls and governance to safeguard assets and enhance performance.  The successful candidate will:

  • Gain insights into how Finance supports business developments and projects, ensuring good outcomes for internal and external customers.

  • Contribute towards various activities linked to the production of statutory and regulatory reporting and management information. 

  • Get exposure to the latest IT systems and technologies used in Finance, learning how digital tools and AI enable efficient reporting and analysis.

This is an exciting opportunity to start your career in a function that is passionate about ensuring it is a diverse department where colleagues support each other, share information and ideas, and work together towards common goals.  Development is a priority where professional qualifications are supported alongside data and technology, leadership and collaboration skills.

What are we looking for?

We’re looking for curious minds and creative problem-solvers with a genuine interest in becoming an Actuary. If you’re eager to learn, ready to collaborate, and passionate about making an impact, this is the place for you. Successful candidates will demonstrate:

  • Comfort with technology and digital tools.

  • Self-motivated and collaborative, with the ability to work effectively in teams and build strong relationships.

  • Analytical and critical thinkers who can form independent opinions and approach problems with curiosity.

  • A proactive mindset and eagerness to learn.

  • Strong analytical thinking and problem-solving skills, with attention to detail.

  • Strong communication and collaboration skills.

  • Ability to build and maintain positive relationships across teams and with stakeholders.

A numerical degree will be beneficial but we welcome applicants from all degree disciplines and champion diversity of thought and experience.

Minimum Requirements

  • Recent Graduate, or graduating in Summer 2026.

  • Right to Work in the UK at the time of application - we are unable to provide visa sponsorship for this programme.

What’s the application process?

We want to match your strengths, interests and working preferences with the right teams. Here’s how the process works:

1. Submit your CV.

2. Complete online assessments.

3. Take part in an online job simulation.

4. Attend one of our assessment centres.

Apply now and take the first step toward an exciting career at M&G!

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability, or long-term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [email protected]

Skills Required

  • Recent graduate or graduating Summer 2026
  • Right to work in the UK at time of application (no visa sponsorship)
  • Genuine interest in becoming an Actuary
  • Comfort with technology and digital tools
  • Analytical and critical thinking skills with attention to detail
  • Self-motivated, proactive, and collaborative team player
  • Strong communication and stakeholder relationship skills
  • Numerical degree is beneficial

M&G Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&G and has not been reviewed or approved by M&G.

  • Retirement Support Pension support in the UK is presented as notably generous versus typical market norms and is positioned as a core part of total reward. Formal materials also highlight share plans and financial‑wellbeing tools alongside pension value.
  • Leave & Time Off Breadth Annual leave in the UK is described as substantially above statutory norms with the option to purchase additional days. Additional flexibility is referenced through policies such as “Time Off When You Need It.”
  • Parental & Family Support Parental policies (e.g., “Inspiring Families”) are characterized as extensive, including long fully paid leave and phased return‑to‑work support. External recognition is cited as reinforcing family support as a distinctive element of the package.

M&G Insights

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The Company
HQ: London
2,729 Employees

What We Do

M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2023, we had £343.5 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our three distinct operating segments, Asset Management, Life and Wealth, work together to provide access to balanced, long-term investment and savings solutions.

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