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Aviva is hiring an

Actuarial Analyst

Actuarial Analyst - Salary of up to £55,000

Location - London / York

This enterprising role is an exciting opportunity to join Aviva’s market leading Annuity and Equity Release business within UK Life. The team’s purpose is to execute longevity and asset reinsurance on c.£7bn annuity liabilities per annum!

A bit about the role:

You will ideally be a part qualified Actuary or qualified by experience with UK pensions experience. As part of the role you will be liaising with Finance oversight, preparing reinsurer credit exposure analysis and collaborating with the team to analyse reinsurance transactions.

What will be the day to day tasks:

  • Preparing reinsurer counterparty credit charge calculations
  • Supporting the longevity and asset reinsurance tender process
  • Working with the BPA Pricing and Deal Management teams to optimise terms and ensure effective treaty management
  • Supporting work to ensure compliance with the Reinsurance Governance Framework

What will you bring to the role:

  • Understanding of market risk management fundamentals, including use of vanilla derivatives to hedge interest rate and cross-currency exposures
  • Ability to make compelling written and verbal investment recommendations
  • Confidence to challenge existing behaviours and received wisdom
  • Advanced Excel skills and understanding of model governance and end user computing risk management

What will you get for this role?

  • Salary up to £55,000 depending on skills, experience, and qualifications
  • Bonus opportunity 8% 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 tool

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.

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