Senior Actuary (Capital Projects)

This is a 12-month fixed term contract role.  We welcome applications for full and part time hours.

We’re looking for a qualified actuary (or accountant) with proven post-qualified experience, ideally gained within a large insurance company environment, to lead one or more capital projects/investigations or parts of larger projects, on a 12-month fixed term contract basis.

We are currently exploring ways to simplify our With-Profits Funds and products and assessing other potential future capital optimisation initiatives for the UK Life business such as longevity hedging. We would ideally like someone who has good knowledge of With-Profits or reinsurance.

This role could also support Group capital projects, which are often more analysis/insight based.

We would prefer someone working at least 4 days a week but are open to alternatives such as job-share and we have some ability to adapt the role accordingly.

Duties & Responsibilities

• Supporting the Capital Projects Director or Head of Capital Projects and/or Group or Business unit teams on UK or Group led capital projects

• Owning the development, investigation, analysis, due diligence and implementation of specific capital projects or workstreams (for all business units supported by the projects team)

• Leading or support provision of high-quality information on capital management actions across Aviva which are presented at Aviva Board level

• Analysing and assessing information from a business perspective & communicating effectively to senior internal & external stakeholders

• Providing high quality, flexible support to meet the objectives of the Group-wide Aviva Capital function

• Leading or contributing to commercial negotiations

Skills & Experience required

• Solid Understanding of Life insurance and insurance business

• High qualitative skills: Brings good judgement to facts/data, with strong analytic, interpretative skills

• Strong mix of relationship management and technical skills (including Solvency II)

• Proven track record of taking ownership, delivering to time and quality, and experience of pro-active stakeholder management across a range of subject areas and seniority levels

• Deep understanding of capital and financial metrics and financial management

• Good understanding of commercial, tactical, regulatory, governance and practical considerations affecting capital projects

• Ability to lead delivery of capital projects or work-streams, actively leading projects and outcome risks

What will you get for this role?

• Salary between £80,000 - £90,000 depending on location, skills, experience and qualifications

• Generous defined contribution pension scheme

• Annual performance related bonus and pay review

• Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days

• Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family. (Some exclusions apply)

• Excellent range of flexible benefits to include a matching share save scheme

Working at Aviva

At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.

We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions.

The way we do this is important too, we’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.

We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Guv a call on 0750 008 7919 or send an email to Guv.johal@aviva.com.

*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.