Actuarial Specialist

Aviva; Bristol; On-site; GBP 50,000 - 65,000; Full time

Job summary

Aviva, the UK’s largest insurer, is seeking an Actuarial Specialist for their dynamic team in Bristol or York. This role demands a skilled individual with strong product knowledge and analytical abilities to manage calculations and ensure governance. The position offers a competitive salary up to £65,000 along with various benefits including a bonus scheme, generous pension contributions, and 29 days of holiday.

Benefits

Bonus opportunity based on performance

Generous pension scheme

29 days' holiday plus bank holidays

Employee discounts on Aviva products

Free Aviva shares through Matching Share Plan

Flexible benefits, including sustainability options

Paid volunteering days

Supportive wellbeing policies

Qualifications

• Broad knowledge of products including understanding of WP business.
• Strong analytical and Excel skills.
• Ability to manage workload with business objectives.

Responsibilities

• Review and deliver accurate calculations for policies and products.
• Ensure correct methods and calculations provided to internal teams.
• Manage short-term and longer-term deliverables effectively.

Skills

Analytical skills

Microsoft Excel

Communication skills

Product knowledge

Prioritization

Education

Qualified actuary or equivalent by experience

Job description

Actuarial Specialist - Salary of up to £65,000

Location - York or Bristol

This is an exciting opportunity for someone who enjoys being involved in a wide variety of work whilst making a real difference for the customers of the UK’s largest insurer.

You will be responsible for reviewing and delivering timely and accurate calculations for both individual policies and products affected by system changes.

You will be accountable for ensuring the correct method and calculations are used when providing values to other internal teams within Aviva. You will need to decide if the information presented to you is sufficient and calculations are accurate.

To be effective you will need to learn fast and become familiar with many products and calculation methods, delivering work that has strong governance and controls.

Communication is key:

• with the team, both onshore and offshore to ensure correct processes/calculations are being followed and monitor progress to ensure successful delivery.

• with our stakeholders in With-profit Governance, the With-Profit Actuary and third-party admin contacts.

• with other Aviva teams involved in wider projects to drive forward and deliver the required outcomes.

You will need to be able to plan effectively to manage short-term deliverables, such as individual policy queries, alongside progressing longer-term deliverables, such as updates to calculation tools, process developments and projects.

Skills and experience we’re looking for:

• A wide range of product knowledge and experience, including an understanding of WP business.

• Strong analytical and Microsoft Excel skills.

• Ability to manage and prioritise workload with business objectives.

• Strong communication skills.

• Qualified actuary or equivalent by suitable experience.

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

• Salary up to £65k (depending on skills, experience and qualifications).

• Bonus opportunity 10% 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.

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 Dylan Wood a call on 07385 426164 or send an email [e-mail]