Actuary (Bulk Annuities)

A fantastic opportunity has arisen in the Bulk Purchase Annuities Post-Deal Operations team, for a qualified Actuary, with flexibility on location!

The Team are responsible for the detailed implementation of new deals and the provision of ongoing services to customers.

What will your responsibilities be:

• Formal sign-off of final premiums for new schemes
• The periodic review of administration factors including early/late retirements and cash lump sums.
• Review and sign-off of valuations of buy-in policies
• Attendance at trustee meetings as a technical expert on the implementation of new schemes
• Review of transfer values and the development and maintenance of transfer value calculation processes
• Provides technical support to BPA projects
• Liaising with auditors and answering any technical queries raised
• Attendance at trustee meetings as a technical expert supporting the client relationship managers

What will I bring:

• Qualified actuary (FIA/FFA)
• Knowledge of defined benefit pensions
• Extensive experience of checking actuarial valuations and transfer values
• Strong IT/Excel/VBA skills
• Strong communication skills enabling relationships to be built and maintained both internally and externally

What will you get:

• Salary up to £67,400 depending on location, skills, experience, and qualifications
• A generous defined contribution pension scheme
• Annual performance related bonus and pay review
• A 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 interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability, and we’ll make sure we interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Nicola Janneh a call on 07789 624461 or send an email to Nicola.Janneh@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.