Friends Life

Friends Life

Friends Life

Friends Life provides a range of financial products and services. We focus on ways of helping people achieve greater long-term financial security for themselves and their families. Ours is a new brand for a new business. Bringing together the best from three large businesses, we started life in March 2011 as a large and successful company, with a heritage dating back over 200 years. We have over 5 million customers worldwide and a number of high-profile corporate partners. We have a deep sense of commitment to integrity and trust, a sensible degree of caution and a reputation for providing solutions that our customers can rely on over the long term.

We will be attending the following graduate recruitment events:

  • Graduate Management & Finance Fair 2012 - University of St Andrews – Friday 12th October 12 to 3pm
  • University of Bath Autumn Fair – Thursday 18th October – 11am to 4pm
  • University of Warwick City and Finance Fair – Thursday 18th October – 11am to 4pm
  • Actuarial Careers Fair - Heriot Watt University, Wednesday 31st October 2012 – 1pm to 3.30pm

Please visit our stand to talk to us about the scheme or to find out more information.

Case Studies

  • Name: Jason Clarke
  • Joined: September 2010
  • University: University of Surrey
  • Degree: Financial Mathematics

What attracted you to Friends Life?

I was actually a placement student during 2008/09 and came back to Friends Life in 2010 as a full graduate. When I first joined I didn’t know if I wanted to be an actuary but then I found the work really varied and interesting so it convinced me that this was the right career choice for me. The people I worked with were really great and weren’t afraid to get me involved in more technical work rather than just giving me repetitive work over and over again.

Another attraction is the study scheme it’s better than most out there (in the top 25% of all schemes). In general Friends Life are really generous with their support towards students; not only in terms of the monetary value of the exams and materials but the fact they are generous with study time. Managers want their students to qualify and so work hard to get them the time off they need it!

Finally at Friends Life there’s probably about 50 actuarial students which means there’s a great community spirit. There’s lots of other people around who are in the same position as you near exam time and more senior students who can give you advice about work or study.

Training & Profiles

Actuarial Students are placed in various departments and areas throughout Friends Life, including product development, financial reporting and analysis and stochastic modelling.

Students are given opportunities to rotate between departments and sites to gain maximum work experience. A generous study package is provided with additional support from qualified actuaries leading to pass rates that are consistently higher than the national average.

As you work towards qualification, our rotation scheme allows you to move between departments and locations. Not only does this ensure great variety in your work, but it also means you're able to make intelligent decisions about where your professional interests ultimately lie. In a business the size of Friends Life, there will be first class opportunities for career progression.

Education, qualifications, skills and experience required

  • Minimum 2:1 in any numerate discipline
  • Grade A or B at Maths A Level (or equivalent)
  • Strong communication skills
  • Good problem solving skills
  • Self disciplined
  • Ability to work on own initiative
  • Strong desire to develop career in actuarial profession

Application Procedure

Please refer to our website.

We have a substantial actuarial population across Bristol, Dorking, London and Salisbury as well as an international presence.