Actuarial Year in Industry Placement

Are you a problem solver with a passion for maths? Aviva's 12-month scheme, starting between July and September 2023, offers the opportunity to gain real industry experience and put your university theory into practice.

Our Year in Industry students are based in our UK Insurance business in York, where they have numerous opportunities to learn and network while developing their skills and expertise.

As part of the Financial and Regulatory Reporting team, you will have real responsibility for tasks and decisions that will affect our business. Your work will include:

• Production of Solvency II and IFRS results for existing and new business
• Updating complex spreadsheets, checking their inputs, and analyzing the results
• Understanding MS Excel formulae and investigating issues
• Identifying areas of the process that could be improved

You will have a line manager, a buddy within the team, and an actuarial qualified mentor who will work with you throughout the year to offer additional guidance and coaching.

Skills and experience we’re looking for:

• An undergraduate who can take a year out in industry as part of your degree course.
• Highly numerate and analytical, with the capability to interpret data and come up with solutions to complex problems.
• A working knowledge of industry products and regulations, alongside an understanding of actuarial methodologies and techniques
• Minimum of B grade in A level Maths or equivalent, and on course for at least a 2:1 in a STEM related degree
• Good communication skills, and proficient with a variety of computer packages, in particular MS Word & Excel (intermediate or above)

What you’ll get for this role:

• Starting salary of £24,250
• Aviva will contribute up to 14% to your personal pension (dependent on your contribution)
• Eligibility for annual performance bonus
• Family friendly parental and carer’s leave
• 25 days holiday per year plus bank holidays and the option to buy/sell up to 5 additional days
• Up to 40% discount for Aviva products
• Brilliant flexible benefits including electric cars
• Aviva Matching Share Plan and Save As You Earn scheme
• 21 volunteering hours per year

Aviva is for everyone:

We are inclusive – we want applications from people with diverse backgrounds and experiences. Regardless of gender, why not apply? And if you’re in a job share, 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.

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.