Actuarial Student Placement - Fixed Term Contract 2027/2028

Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings

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What Is the Opportunity?

*Applications close Thursday 2nd July 2026*

We have an excellent opportunity for an Undergraduate with an Actuarial, Mathematical, or Statistical/Quantitative background to undertake a placement year in our London Actuarial team. This role would be ideal for someone looking to pursue an Actuarial career after graduating.

Throughout the placement you will provide analytical and actuarial support to the Travelers Actuarial team assisting in delivering reserving, management information, planning and underwriting support.

This role would start in the summer of 2027 and run for the 2027/28 academic year.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

What Will You Do?

From day one you will be given real experience of life in the insurance industry, working closely with our key partners at Travelers and our clients. We will provide you with the opportunity to explore a career in Actuarial as well as gaining a broader understanding of Travelers as an organisation and the insurance industry.

Information processing, manipulation and analysis to support:

• Quarterly reserving process

• Monthly and quarterly uploads and checking the data warehouse uploads

• Corporate Planning

• Large case pricing

• Portfolio analysis

Taking a meaningful role in the process improvement project:

• Exposure to coding in python and SQL

• Assisting Senior Actuarial team members in the running, production and checking of all regular reports, management information and exhibits for use in reserving and planning exercise portfolio review

• Updating and improving documentation of existing and new processes

• Ad-Hoc tasks to support the Actuarial department

What is a Must Have?

This opportunity is open to applicants currently studying an Actuarial or Mathematical (or related) degree, who have the option to take a placement year in industry before completing their final year of study. You will have strong analytical and excellent communication skills (both written and verbal) and have the desire to build relationships across the business.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

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