Actuarial Associate Roles
Why join APR?
The aspects which make an APR career attractive to those starting out in the profession at graduate level remain valid for those joining at more advanced stages of their actuarial career, certainly up to those with a few years of post-qualification experience.
The key attractions for those associates who have joined us via this route have been:
- The opportunity to experience a wider variety of actuarial work, which can be helpful for those whose careers to date have tended to focus on fairly narrow set of functions.
- Access to APR’s extensive technical library and training capacity.
- The chance to join for a small but upcoming business, working alongside some exceptional actuarial talents and in an environment which champions mutual success.
- A competitive remuneration package, including access to APR’s profit share scheme.
- For those considering a move into pure contracting, exposure to some elements of this type of work without the associated risks.
Many of these sentiments are summed up in these comments from one of our recently joined associates:
“Speaking from my own experience, a big pull of APR was the fact that within short time periods you could have exposure to a myriad of different projects and actuarial experiences. I imagine, like myself, a lot of students at the semi-qualified level might only have had one or two similar rotations within a company and if they are unsure that this is the department / role they intend to continue their career then joining a company such as APR at that point in time would be a very beneficial pathway to their future.
Another pull for me was the impression I got from speaking to staff and partners of the high standards the company works to. APR always seemed like a place that would only hire top candidates and expected the best work from their staff.”
James - APR Actuarial Associate
An engagement basis to suit your circumstances
For associates joining us further on in their actuarial careers we offer different bases of engagement to suit your needs.
Permanent employed associate
As a permanent employed associate you will be a fully salaried member of staff, with a competitive basic salary and the opportunity to earn additional bonus on top of that, currently a fees-based bonus and access to the APR profit share arrangement.
You will join our existing team of team of associates, most of whom began their career under our graduate training scheme, and will enjoy the full security that a permanent salaried role provides.
When not working on client projects you will be based permanently at one of APR's offices, in London or Edinburgh, preparing for your next project and assisting in other areas of the business, for example developing technical material, training other staff or helping with business development.
Our retained associates are also permanent members of staff, but rather than receiving a base salary, you will be paid at a daily rate for client work, based on a percentage of the equivalent market rate for a self-employed contractor.
When not working on client projects you will have a guaranteed number of in-house days, for which you will be paid an agreed daily rate, and which you will spend at APR offices, developing your own skills and helping us to grow the business. You will also have access to the APR profit share arrangement.
The advantage of the retained approach is that you will enjoy many of the upside benefits of pure contracting, in terms of earning potential and flexibility, but with added security for periods between client projects.
We are very happy for associates to join us as salaried members of staff, and then discuss moving to retained associate status after a period of time – indeed many of our own employed staff who joined us as graduates have moved to this basis as a means of developing their careers.