As an international student outside the EU, have been applying to actuarial graduate programmes over the last several months, to no avail. Not that Im totally unsuitable, as I successfully pass tests and telephonic interviews up to an AC ( have been to one AC as well). My problem is that where i pass, or even before i apply, i am told my application cannot be progressed because they would not be able to sponsor my visa. Am unfortunately from one one these countries, Russia, which are outside of the EU. My work post study visa expires in spring 2014, which is before the end end of a typical 2-year graduate programme … I wish very much I could apply for an actuarial graduate programme within my own country but there simply arent’ any.
By experience, Aspen, Hymans Robinson, FirstActuarial, L&G, Aviva, the Co-operative Insurance, APR, Lloyds are just a few where i have applied to hear at some point that ‘Legislation requires us to consider UK applicants before those that require employer sponsorship to work in the UK.’ on the other hand, Towers Watson, Mercer and PWC will consider you. Some others (Direct Line and Friends Life) are a question mark… By the way, the fact that a company is on the UKBA sponsors list still does not guarantee they’d sponsor graduates.
I am not going to give up despite all the difficulties. I am currently sitting two of the actuarial exams on my own. I’d very much like to hear from you if you’re an international student and are in the same boat. What are your application experiences? Which companies you have applied considered or not considered you?
As for me, I am contacting employers and asking them for work experience instead of a graduate programme… I’d be happy to pay as much as the cost of my masters degree (£12000) for a year of work experience until my work visa expires. Perhaps this could be a solution.