If Trainee Program 2025

Posted 12 Days Ago
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Vækerø, Oslo
Entry level
Fintech • Insurance • Financial Services
The Role
The If Trainee Program offers recent graduates the opportunity to gain practical experience in either the Analyst & Actuary or Underwriting specializations. Trainees will work closely with professionals, utilize their analytical and mathematical skills, and participate in a supportive training environment with seminars and projects that impact real business outcomes.
Summary Generated by Built In

Are you ready to kickstart your career and unlock your full potential? If you’re a passionate and motivated graduate eager to learn and grow, we have the perfect opportunity for you. 
 
In our Nordic Trainee program, you will gain hands-on experience, work together with professionals, and contribute to engaging projects that make a real and meaningful impact. We believe in fostering a warm and supportive culture where team members help each other succeed. Bring your problem-solving skills and analytical mindset to shape the future of products and processes at If! 
 
We offer interesting and inspiring work in a Nordic setting. You will also be attending theoretical and practical seminars together with your fellow trainees, facilitating a deeper understanding of our various business units and your future opportunities in If. After the one-year program, you will take the next step in your career in If and move into a permanent position. 
 
We are looking for mathematics and statistics enthusiasts, technical engineers, aspiring economists, and law graduates to join our trainee program, and this Autumn you can chose between two different specializations: Analyst & Actuary and Underwriting (please choose a first and second priority when applying): 
 

Analyst & Actuary 

As an Analyst & Actuary graduate, you will use your mathematical and business skills in pragmatically solving complex challenges within understanding our customer interactions, pricing strategies and more. Together, we aim to strengthen our analytical and actuarial competence to create the best insurance solutions and experiences for our customers.  

 

To succeed and thrive in the role as an Analyst & Actuary graduate, you should have a genuine passion for data science, programming and data processing. You will get 

the opportunity to explore the latest tools and methods, in a supportive and 

collaborative environment. 
 
The ideal candidate holds a master's degree within engineering, mathematics, statistics, or an equivalent field, and will graduate this summer/have recently graduated. Additional training in insurance mathematics or experience in data science is advantageous. 

 

Underwriting 

As an underwriter graduate, you’ll use a structured toolbox to give If’s largest and most complex clients tailored insurance solutions to safeguarding their most important assets. You will combine analytical skills with business mindedness to analyze potential risks (legal, fire, flooding, accident etc.) and set prices to comprehensively cover these risks in each unique case.   
 
When finalizing the one-year program and starting your career as an Underwriter, you will have your own client portfolio and underwriting mandate and will be involved in various aspects concerning your clients; including sales activities, client and broker meetings and price negotiations.    
   

To succeed and thrive in the role as an Underwriter you must be an excellent communicator, find assessing potential risk compelling and enjoy meaningful interactions with people and clients.   

 

The ideal candidate holds a master’s degree in engineering, economy, or law, and will graduate this summer/have recently graduated. Knowledge or experience within the green energy sector is advantageous but not a requirement. 

About the team 
You will be a part of a Nordic trainee group, consisting of newly (or recent) graduates from different countries and educational backgrounds. Importantly, you will actively engage with various business units at if including senior professionals, seamlessly becoming a part of their teams, and contributing to collective goals. From the very start you will get the opportunity to take ownership of your own deliveries and build a strong network.  
 
Who are you? 
We seek individuals driven by inner motivation and genuine curiosity. You are self-motivated, with a proactive attitude and enjoy working both independently and with others in an international environment.  
 

You also have: 

  • A MSc. degree relevant for the trainee area you are applying for, with good results. You will graduate this summer, or you have recently graduated 
  • Extracurricular activity will be considered and advantage (e.g., part time work experience, volunteering, studied abroad, student activity) 
  • Can communicate in Norwegian and English   

  

Additional facts and recruitment process  

 

Application deadline: 23rd of February. You will hear from us after the application deadline. 

 
To apply for the position: Please attach your CV and university grades, including both bachelor grades and preliminary grades from your MSc. degree. You will not need to write any job application letter. You will, however, be asked to write a short text about your motivation for applying in our application system. 
 

Work location: The main location will be in Oslo (Vækerø).  

 

Travelling: Some travel is expected during the year to our Nordic offices.  

 

Employment terms: Permanent position, kicking off with a one-year trainee program, with pay at the junior specialist level. 
 

Start of the program: Mid-August 2025 
   

For more information you are welcome to contact:  

  • Henrik Rahm, Head of Employee Benefits Underwriting and Nordic Analytics [email protected] 

 
We look forward to your application!   
 

We use Semac to background check final candidates. In addition to references, candidates can also be checked via the internet and social media, to the extent it is allowed by local legislation. 

Top Skills

Mathematics
Statistics
The Company
Oslo
7,734 Employees
On-site Workplace
Year Founded: 1999

What We Do

If insures all that is valuable to you in life: People, animals, homes, cars and more. We also help companies to ensure that it is business as usual even if they suffer a claim. Thanks to our 7900 skilled employees, our 3.6 million customers have the right coverage and can feel confident that they will get the help they need if something should happen.

If's working culture is international, and we are committed to diversity. Our mindset is customer centric: It is our stated goal to be easy to understand and use from our customers'? perspective. We are the undifficult insurance company.

Would you like to work with us? We encourage qualified candidates to apply, regardless of age, gender, disability, cultural or ethnic background.

If Skadeforsäkring - Sweden https://www.if.se
If Skadeforsiking - Norway https://www.if.no/
If Skadeforsikring - Danmark https://www.if.dk/
If Vakuutus - Finland https://www.if.fi/

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