We run a mixture of in-person and virtual events throughout the year that aim to give candidates a better understanding of our opportunities and how to stand out during our recruitment process.
Our programmes cover a number of our different Business Units including:
Actuarial Public: Our Actuarial Public team are the largest and most experienced LGPS-specific actuarial practice in the marketplace. Based in Glasgow, they help public sector pension funds to effectively manage risks while also meeting their long-term funding and investment objectives. You can find out more about the huge variety of work they do on their section of our website. Those that join this team will have the opportunity to be supported through their IFoA qualification, while gaining experience from a range of exciting projects across the Business Unit and developing their career in a way that suits them.
Actuarial Private: The largest of our Business Units, which comprises of both technical and client-facing teams. Graduates and interns joining the Actuarial Private Business Unit will be given an opportunity to spend time working across both specialisms as they build their skills in both mathematical modelling and client consulting, to help them decide which direction they would like their career to progress in. In both, you’ll have the opportunity to work on exciting projects to support private sector employers and scheme trustees to predict the financial risks affecting their defined benefit pensions, and you’ll work towards completing your IFoA qualification.
Defined Contribution Consulting: This is an exciting and growing area of our business, with DC now being the predominant main source of future pension contributions. Our team offers strategic, investment, governance, at-retirement and communications advice to a wide range of trustee and corporate clients. Similarly, the work you’ll be involved in as a graduate and intern is equally wide ranging, and we’d particularly encourage applications from people who are enthused by the stakeholder engagement element that this programme offers. Within this Business Unit, you’ll have the opportunity to study for either the IFoA of CFA exams, depending on how you’d like your career to progress. You can find out more about this team on their section of our website.
Investment DB: The Investment DB Business Unit advises a diverse range of clients from large pension schemes and endowment funds to charities, other businesses and insurance companies. The team works closely with clients to design and monitor strategies that meet their objectives and liabilities whilst balancing their risk and return requirements – and are constantly thinking of new ideas to improve their portfolios. In this role, you’ll be involved in a breadth of projects that involve completing detailed technical analysis using our in-house models and providing tailored strategic consulting advice. You’ll also work towards either your IFoA or CFA qualification and will have the opportunity to work closely with colleagues across the business, including our specialist investment research and responsible investment teams.
Insurance and Financial Services: A relatively new addition to Hymans, our IFS team supports insurers and reinsurers to find intelligent solutions to tricky problems, ensuring better futures for their customers and shareholders. You’ll work towards your IFoA qualification as you get involved with a variety of projects – supporting our expert consultants across areas such as Insurance Investment and ALM, General Insurance, Longevity Consulting, Risk and capital and Product Development.
Insights and Analytics: Our (I&A) community is a multi-disciplined team of technical experts in pensions, insurance, finance and risk modelling, and data management solutions. The I&A community advises clients directly as well as supporting our teams of actuarial and investment consultants in delivering strategic modelling and analytics. We help the firm to continually develop our approach using the latest technology, research and modelling methods to support our clients’ risk modelling requirements. Those who join this team will have the opportunity to be supported through their IFoA qualification, while gaining experience from a variety of exciting projects with teams across the firm!
Our application windows open in autumn, and you can apply through our Gradcracker Hub. If you’d like to discuss this confidentially beforehand, then please do reach out to us via chat.to.us@hymans.co.uk and a member of the Recruitment Team will be in touch with you directly.
We have had a lot of questions from candidates about whether using tools like ChatGPT or Copilot to generate answers to our application form would be considered as 'cheating'.
Our stance is that, where an applicant uses AI to generate all (or a large part) of their answers and then presents this as their own work, this would be considered as cheating.
We expect the answers you submit to be your own. If these appear to be auto-generated, it could affect your chances of progressing to the next stage of our application process.
AI can't replicate your personal thoughts and feelings or convey your own skills and experiences - and it's these qualities that we are looking to find out more about during the recruitment process.
Diversity, equity and inclusion are important to our hiring practices and overall firm culture. Therefore, we are proud to recruit for our graduate and summer internship opportunities on the basis of your potential rather than your academic grades.
We don’t have any set minimum requirements in terms of academic achievement other than a confirmed ‘pass’ at undergraduate level for your academic degree. We also recognise that a degree from any university (and within any subject grouping) gives you an opportunity to gain valuable transferable skills that will be of great use to any employer – so we actively encourage applications from students from out with the traditional actuarial or mathematics fields often seen in our industry, and from students who have attended non-Russell group universities.
You may notice that part of our application asks you to share if you identify as coming from a lower socioeconomic background (if you are comfortable doing so). The information you provide within this section cannot put you at a disadvantage, but it may provide a positive uplift on your recorded academic achievements and application form to give us a fairer indication of your future potential.
We have offices in London, Birmingham, Glasgow, and Edinburgh. When filling out your application form, you'll be asked to let us know which of our office locations and Business Units you are interested in. While we can't always guarantee a space for you in each of them, we'll do our best throughout the process to keep you informed about what business area and office location we are considering you against and will always consider the preferences you've selected.
We have a flexible working approach to working that includes flexible hours and hybrid working, often with two days spent in your office location each week.
At Hymans we celebrate lifelong learning, and aim to give you every opportunity possible to develop within your career. We’ll encourage and support you to gain relevant professional qualifications, with appropriate time off to study and financial support for course fees and awards for passing some exams, where applicable. As a Hymans graduate, you’ll become a student member of either the Institute and Faculty of Actuaries or the CFA Institute. Please reach out to our recruitment team if you have any questions about these exams or the support available to you.
Diversity, equity and inclusion are important to our hiring practices and overall firm culture. You’ll have the opportunity in your application form to let us know if you identify as having a physical or neurological condition. We’ll also ask at each stage of the process whether we can support you further with any reasonable adjustments to our recruitment process.
If you’d like to discuss this confidentially beforehand, then please do reach out to us via chat.to.us@hymans.co.uk and a member of the recruitment team will be in touch.
The world of pensions can sometimes appear shrouded in mystery. We want to change that! We have several different ‘Doors Open’ opportunities that secondary school students can get involved in!
Our work experience programmes run in each of our offices once a year and offer the opportunity for those in their final two years of secondary school to visit our offices and gain an insight into what we do. Spaces are dependent on availability within your chosen office location, but we will always try to accommodate requests where possible! If this is something you’re interested in, get in touch with us via chat.to.us@hymans.co.uk
If you have any specific questions about these opportunities or working with us then please do reach out at chat.to.us@hymans.co.uk
