Actuarial Analyst

We are currently recruiting for an Actuarial Analyst to join our Actuarial team.

In this role you will help ensure With-Profit bonus rates (such as final bonus rates, surrender / transfer value factors and estimated maturity values factors) are calculated and implemented correctly. You will also help to improve these processes; making them quicker, simpler to run, and give better customer outcomes.

You will also spend time answering technical policy queries from a wide variety of customers both internally and externally and may be involved in supporting projects that impact our existing business policyholders.

You will be required to go into the York office x2 days per week.

Duties & Responsibilities

• Responsible for delivering timely and accurate calculations for both the Bonus process, and the wider team activities, this may involve updating the assumptions and benefits within Excel spreadsheets and checking the results are appropriate

• Maintaining and updating the team’s spreadsheets

• Answering policyholder queries from various internal teams and third-party admin teams, ensuring these are done to a high standard while timely in line with the team SLA, this may involve using defined methods or spreadsheets to perform the calculations or investigating which is the correct method

• Testing output from IT systems to ensure correct values when assumptions change

Skills / Experience Required

• Minimum of A level Maths, but ideally a Mathematical degree

• May have some actuarial exams, but not necessary

• Basic knowledge of life and pensions products

• Good excel skills and enjoys using this

• Strong analytical and communication skills

What will you get for this role?

• Salary between £25,050 – £46,500 depending on 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.