Senior Actuarial Manager (Capital Change)

Senior Actuarial Manager

Salary £80,000 - £90,000

We have an exciting opportunity for a Senior Actuarial Manager to join our team on a 12-month fixed term contract. This is a great opportunity for someone who has good technical experience to join our supportive and tenacious team as we look to improve our approach to Credit Risk modelling!

A bit about the job:

The role sits within our Group Actuarial & Capital Change (GACC) team who work on our Credit Risk Modelling program. The team is looking to improve our approach to Credit Risk modelling within the organisation to support both the capital held on our balance sheet and the price we charge for our Bulk Purchase Annuities.

You will be involved in modelling the drivers of credit risk at a more granular level, together with Matching Adjustment in stress, establishing calibrations and the approach for the SCR, produce papers for expert panels, ensuring compliance with regulations and any impacts due to Solvency UK reform.

Skills and experience we’re looking for:

• Qualified actuary with experience of modelling credit risks and annuity portfolios
• Proven track record in technical actuarial roles e.g., actuarial function/calibration’s/MaiS
• Ability to work independently
• Confident to produce work of an appropriate standard for the PRA
• Excellent stakeholder management skills with the ability to simplify and communicate complex information and tailor it to the needs of the audience

What you’ll get for this role:

• Starting salary between £80,000 and £90,000 (depending on location, skills, experience, and qualifications)
• Bonus opportunity 12% of annual salary Actual amount depends on your performance and Aviva’s.
• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
• Brilliantly supportive policies including parental and carer’s leave
• Flexible benefits to suit you, including sustainability options such as cycle to work
• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
• We take your wellbeing seriously with lots of support and tools

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from people with diverse backgrounds and experiences.

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 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.