Actuarial Manager

Aviva are seeking a qualified or senior part-qualified actuary to join their team, with a particular focus on supporting the assumption setting process for savings and pensions business, initially taking the lead on persistency across these products and protection products.    

The Experience Analysis and Assumptions Team reports in to the UKL Actuarial Reporting Lead.  It is responsible for developing, reviewing and securing agreement to the full set of assumptions used in reporting and costing – from undertaking research, specifying and sourcing experience analysis investigations, sourcing market data, though to analysing results, proposing assumptions and taking them through governance.

Current team members are based in Wellington Row, York but we are very open to new members being based in Bristol.

Duties & Responsibilities

• Specify and review experience analysis investigations, analyse the results and source other market material

• Develop proposals for the assumption set, and organise expert judgement panels across the business to discuss those proposals

• Produce papers for governance committees for reporting and costing assumptions, and liaise with AFO in implementing them

•    You will support projects that deepen and broaden Aviva’s understanding of persistency, including analysis of any available external data as well as Aviva’s, and work on improving MI on current year experience;

•   You will operate, maintain and support the development of systems for analysing demographic risk (in particular persistency)

Skills / Experience Required

• You will be a qualified actuary, or a senior part-qualified actuary with strong skills;

• You will have good data handling and analytical skills and be able to work with complex data, identifying themes and trends, building models and interpreting results;

• You will be well-organised and capable of working independently

• You will be able to take complex technical concepts and convey them in an easy to understand way to suit your audience;

• It would be useful if you had experience of producing or using financial reporting and/or solvency results, but this is not essential.

What will you get for this role?

• Salary circa £55,000 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

Aviva is for everyone:

We are inclusive – we want applications from people with diverse backgrounds.

Excited, but not sure you tick every box?

Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair.

We flex locations, hours and working patterns to suit our customers, business, and you.

Most of our people are smart working – spending around 60% of their time in our offices and 40% at home.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll 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.