Actuarial Specialist

Aviva plc

York and North Yorkshire

Hybrid

GBP 59,000 - 72,000

Full time

14 days+
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Benefits offered by this job

Bonus 10% of annual salary
Pension
Private Medical
Matching Shares
Save As You Earn
Volunteer days
Product discounts
Flexible benefits

Job summary

Aviva plc is seeking an Actuarial Specialist to join the With-Profits team in York or Bristol. The role focuses on governance, monitoring and development of Aviva's With-Profits business, delivering robust actuarial assessments and senior stakeholder engagement.

You'll balance regulatory obligations with business priorities, contributing to risk management and continuous control improvements within a dynamic actuarial environment.

Qualifications

  • Experience in an actuarial role, ideally within Life Insurance.
  • Understanding of With-Profits business would be advantageous.
  • Strong analytical and problem-solving skills, with good MS Excel capability.
  • Ability to manage competing priorities and deliver against business objectives.
  • Excellent communication skills with the ability to engage effectively with a range of stakeholders.

Responsibilities

  • Oversee governance, monitoring and development of Aviva's With-Profits business.
  • Manage regulatory and compliance assessments and support bonus rate reviews.
  • Enhance methodologies and controls across the With-Profits function.
  • Support approvals by the With-Profits Actuary and interact with senior stakeholders.

Skills

Actuarial experience
With-Profits knowledge
Analytical skills
MS Excel
Prioritisation
Stakeholder communication

Tools

MS Excel

Job description

Actuarial Specialist – Salary c. £65,000 (depending on location, skills, experience, and qualifications)

Are you an actuarial professional with experience in life insurance who enjoys combining technical expertise with stakeholder management and delivering high-quality governance and control? This is a fantastic opportunity for someone looking to play a key role in the oversight and management of Aviva's With-Profits business while leading important actuarial assessments and reviews.

A bit about the job:

We're looking for an Actuarial Specialist to join our With-Profits team, supporting the ongoing governance, monitoring and development of Aviva's With-Profits business. You'll be responsible for managing key regulatory and compliance assessments, enhancing methodologies and controls, and supporting bonus rate reviews through to approval by the With-Profits Actuary.

This is a varied role that offers exposure to a wide range of products, actuarial methodologies, and senior stakeholders. You'll help ensure robust customer outcomes, effective risk management, and continued improvement of the control environment while balancing business-as-usual priorities with development initiatives. Based in York or Bristol, you'll become an integral member of a highly skilled actuarial team.

Skills and experience we’re looking for:
  • Experience in an actuarial role, ideally within Life Insurance.
  • Understanding of With-Profits business would be advantageous.
  • Strong analytical and problem-solving skills, with good MS Excel capability.
  • Ability to manage competing priorities and deliver against business objectives.
  • Excellent communication skills with the ability to engage effectively with a range of stakeholders.
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.

  • Starting salary c. £65,000 (depending on location, skills, experience, and qualifications)
  • Bonus opportunity - 10% of annual salary, (actual amount depends on your performance and Aviva’s.)
  • Generous pension scheme - e.g. if you put in 8%, Aviva adds 14%
  • 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
  • Aviva-funded Private Medical Benefit to help you get expert support when you need it
  • 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
Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending at least 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

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