About the job
Job summary
Join a team that’s making a difference through data.
Be part of a team that has an impact on people’s lives.
If you’re excited about using data analysis to drive positive outcomes and make a difference —a rewarding career as a Graduate Analyst in the heart of government could be the perfect fit for you!
About us
The Government Actuary’s Department (GAD) are at the centre of actuarial expertise within government. We provide advice with strong analytical foundations to government across a range of significant policy initiatives. We enable government to better understand and quantify risk and uncertainty and in turn help shape better outcomes for the UK public.
We are an inclusive organisation that values the unique perspectives and strengths of a diverse team, supported through our staff networks and active Diversity and Inclusion strategy, we ensure everyone has the opportunity to thrive. We are seeking motivated individuals to join our analytical team, where your contributions will be valued, and your voice heard
Job description
Why choose a Graduate Analyst role at GAD?
At GAD, the demand for analytical expertise is growing as the world becomes increasingly complex. To meet the challenges of the future, you are equipped to work across diverse areas, offering flexibility and opportunities to expand your skills. We are committed to supporting your development so you can thrive in a constantly evolving landscape.
Within our Graduate Analyst programme at GAD, you’ll receive comprehensive training and development to enhance your analytical skills in key areas such as data management, programming with data science tools, model building, presenting your findings and disseminating analysis and actuarial methodology.
We’re committed to helping you build expertise in R and Python, while also developing your project and delivery management skills. You’ll benefit from hands-on experience, formal training, and dedicated study and practice time, all designed to empower your growth and success.
GAD is an active member of the government’s Analysis Function, which seeks to bring the 14,000 analysts across government together, giving you the opportunity to connect with other analysts across government and benefit from cross-government training and development programs. You’ll gain valuable insights and build a supportive network, enhancing your skills and career growth.
There are also several opportunities for analysts to go on secondment with major government departments. We encourage all our analysts to undertake these secondments to help broaden their skills and see how analysis is used across the public sector.
Person specification
What does the role involve?
As a Graduate Analyst, you will play a crucial role at the Government Actuary’s Department (GAD) by collaborating with a diverse team of professionals to produce high quality data analysis on a range of business areas to provide evidence to support with decision making and the delivery of advice to our clients.
This will include performing techniques across the spectrum of the analytical lifecycle from collecting and preparing data, finding patterns and trends in various data, constructing appropriate models through to visualising insights and presenting findings. Our analysis is pivotal to the government across a number of areas such as:
- the management of costs and risks across the public service workforce, including the design and operation of public service pension schemes.
- understanding insurance risks and costs affecting government, including clinical negligence in the NHS.
- bespoke advice on financial and demographic risks facing government, including social security benefits.
- Use MS Office and modern platforms such as R and Python as part of your analytical toolkit to carry out analysis and prepare evidence for customers.
We’re dedicated to making a positive impact through innovative solutions and our typical areas of our work include the effective management of social security, pensions and risk-pooling arrangements, as well as bespoke advice including disaster risk protection.
Behaviours
We’ll assess you against these behaviours during the selection process:
- Working Together
- Delivering at Pace
- Communicating and Influencing
Technical Skills
We’ll assess you against these technical skills during the selection process:
- Achieved or on target to achieve a 2:2 or above in a degree with a high mathematical content.
Benefits
Alongside your salary of £31,862, Government Actuary’s Department contributes £9,230 towards you being a member of the Civil Service Defined Benefit Pension scheme
What will I gain from a Graduate Analyst role with GAD?
- The opportunity to work on unique projects, clients and challenges which make a difference for the UK public.
- The ability to have great work-life balance, with flexitime working and support to allow you to work in a hybrid manner at home and our London office.
- Access to a wide range of training opportunities to develop your career.
- A great benefit package, including access to a generous defined benefit pension scheme.
- 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition, we offer 9 days public and privilege days leave per year (pro rata for part time staff)
- Access to employee assistance programme and occupational health.
- Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity, and adoption leave.
Entry requirements
- Achieved or on target to achieve a 2:2 or above in a degree with a high mathematical content.
Things you need to know
Selection process details
Application deadline: 1200 hrs on 31 December 2024
Assessment Centre
Dates: w/c 3 February 2025
Location: Canary Wharf – London