Actuarial Graduate 12 Month Programme

Challenger Limited is an ASX-listed investment management firm managing $123.9 billion in assets (as at 30 June 2025). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement._
- We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed._
- Actuarial Graduate 12 Month Programme - February 2026, Sydney.- Our graduate programme focusses on your individual learning and development giving you a great opportunity to integrate into the broader Actuarial team.- You'll be getting involved in meaningful work and have plenty of opportunities to get involved in broader business projects, initiatives, and activities.- We anticipate commencing initial telephone interviews for this around early October, with face-to-face interviews to take place thereafter for successful applicants.
- About the role:

- At Challenger, we’re proud of our track record in developing actuarial graduates into well-rounded actuaries. Our programme is designed to give you variety, high exposure, and the opportunity to make an impact from day one.
- You’ll be part of a team where everyone works on a wide range of projects across our Actuarial Product, Capital Management, Valuation Reporting, and Life Risk teams. That means no silos — you’ll learn quickly, gain hands-on experience, and work alongside senior leaders who are invested in your growth.
- We know you’ve worked hard to get here, and we’ll support you with:
- Coaching, mentoring and on-the-job training- A buddy to help you settle in and build connections- Exposure to senior leaders and cross-business projects- A collaborative, diverse, and supportive team environment
- What you’ll work on:
Your work will span across pricing, valuation, forecasting, capital management, and market analysis. You’ll also be encouraged to share ideas, spot opportunities to improve processes, and be part of broader business initiatives that drive Challenger’s success.
- About you:
To be eligible for our graduate programme, you'll need to have recently completed (or be close to completing) a relevant actuarial undergraduate or post graduate degree. You’ll have a genuine desire for a career as an Actuary in Life Insurance and be motivated long term to work towards your Actuarial qualifications. But we’re looking beyond academics — we value well-rounded individuals who bring curiosity, initiative, and a strong work ethic.
- We’d love to hear from you if you can demonstrate some of the following:
- Proven work experience such as part-time work, internships, tutoring, or involvement in student or community groups- Strong interpersonal skills and ability to collaborate in a team environment- Interest in financial markets and insurance products- Problem-solving and analytical skills, with great attention to detail- Confidence with Microsoft tools (Excel, Word, PowerPoint)- Strong communication skills, both written and verbal

Programme timeline:
- Applications open: September 2025- Application review and interviews: Early October 2025- Programme start: February 2026

About our Actuarial Team and business areas:

- The Actuarial team has a wide range of responsibilities across both sides of the balance sheet, integral to everything that happens within the Life Company and supporting the Appointed Actuary in their statutory duties.
- Challenger operates two core investment businesses - a fiduciary Funds Management division and an APRA regulated Life division.
- Life focuses on the retirement spending phase of superannuation, providing products that help customers convert retirement savings into safe and secure income in retirement. As Australia’s superannuation system grows, the retirement phase of superannuation is expected to increase significantly.
- Funds Management focuses on wealth accumulation predominantly in the preretirement phase by supporting customers to build their savings by providing investment strategies and products that seek to deliver superior investment returns.
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Challenger's employee value proposition guides how we work: _Grow and realise your potential, supporting each other, stronger together and making things happen._ Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.

We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.

Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.

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