Apprenticeship training course

Actuarial technician (level 4)

Supporting senior colleagues to help manage risks for clients. This will be through the use of actuarial techniques and building mathematical models

Qualification level: 4
Equivalent to higher national certificate (HNC).
Typical duration: 24 months
Apprenticeship category: Legal, finance and accounting
Maximum funding: £15,000
Maximum amount government will fund
for apprenticeship training.
Skills: Skills an apprentice will learn

Obtain, analyse, model and interpret data to solve actuarial challenges and meet stakeholder objectives.

Analyse and logically apply actuarial techniques to given requirements and understand actuarial principles and calculations.

Plan and deliver actuarial tasks such as analysis and calculations within the required timescales.

Adapt to new requests or unforeseen events to maintain delivery of actuarial tasks.

Develop and maintain stakeholder relationships through providing a responsive service.

Identify internal stakeholder requirements and manage expectations as necessary.

Use digital applications and software to deliver data analysis, data visualisations and mathematical models to assist in actuarial tasks.

Use digital technologies safely and securely to protect the organisation from risks such as cyber-threats and data breaches.

Tailor communication techniques for different stakeholders.

Maintain internal documentation to ensure a clear and identifiable audit trail of decision making and analysis.

Full information on Actuarial technician (level 4) is available from the Institute for Apprenticeships and Technical Education.

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