KPMG UK
Actuarial Director - Life

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The Team
An opportunity has arisen for a Director to join KPMG’s Life Insurance Actuarial team. The successful candidate will work on the origination and execution of engagements across Life Insurance. Clients will include direct writers and reinsurers both in the UK and across the world. This is an ideal opportunity for a talented candidate to join a growing and ambitious Insurance Consulting team as an insurance specialist.
You will be a core member of the Actuarial leadership team, supporting the partner team with developing and delivering on KPMG, Insurance and Actuarial Strategy. This will include leading specific propositions and introducing new business as well as delivering the Actuarial aspects of wider Consulting engagements, for example, as part of deals, risk or finance transformation work and contributing to the development of our actuarial team through training and performance management.
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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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The Role
You will be responsible for:
- Generating and leading Actuarial projects
- Proposition development
- Supporting the wider Insurance practice in generating and delivering wider insurance consulting opportunities
- Leading the actuarial support for one or more insurance company audits
- Leading and supporting broader go-to-market activities with other KPMG insurance teams, e.g., Deals, Risk and Regulatory and Finance Transformation
- Performance management and development of more junior members of the Life actuarial team
As part of this role, you will be expected to introduce new business into KPMG individually and collaboratively. You will be expected to build and maintain a network of potential clients and introduce other KPMG SMEs into that network as appropriate.


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You will be responsible for ensuring compliance with KPMG’s risk and quality processes and any applicable professional or regulatory requirements.
The Person
Candidates will need to have significant experience in Life Insurance for either a Consultancy, an insurer, or a reinsurer.
To be considered, candidates will also require:
- Experience of presenting complex technical information in board-level meetings
- Exceptional people management skills with experience of leading and developing teams
- A track record of developing and managing improvements or business propositions from first idea through to full implementation
- It would be advantageous for candidates to have gained Consulting experience, but this is not essential.
- Ideally candidates will be a Fellow of the Institute and Faculty of Actuaries, or equivalent.
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