Reinsurance Operations Analyst

Aviva; Norwich; Hybrid; GBP 28,000 - 30,000; Full time

Job summary

A leading insurance company in the UK is seeking a Reinsurance Operations Analyst to join their dynamic team. The position offers the opportunity to support strategic ambitions by managing reinsurance arrangements. Ideal for numerically minded graduates or individuals with relevant experience. The role requires proficiency in Excel and strong attention to detail, along with excellent communication and teamwork skills. Offers a competitive salary and great benefits.

Benefits

Starting salary between £28,000 and £30,000

Bonus opportunity - 6% of annual salary

Generous pension scheme - up to 14%

25 days holiday plus bank holidays

Aviva-funded Private Medical Benefit

Up to 40% discount on Aviva products

Up to £1,200 of free Aviva shares per year

Brilliantly supportive policies

Flexible benefits

3 paid volunteering days

Qualifications

• Strong numerical ability; experience in reinsurance operations or pension transactions is desirable but not essential.
• Willingness to learn and grow within the role.

Responsibilities

• Analyse and validate insured data extracts to identify changes across reinsurance portfolios.
• Calculate updated reinsurance premiums based on revised datasets.
• Support process improvements to enhance accuracy, reduce risk, and increase operational efficiency.
• Collaborate with internal and external stakeholders to ensure smooth delivery of reinsurance administration.

Skills

Proficiency in Microsoft Excel

Attention to detail

Excellent communication

Teamwork skills

Strong numerical ability

Job description

Reinsurance Operations Analyst

Location: National – circa £28,000 | London – circa £30,000

We’re looking for a Reinsurance Operations Analyst to join our dynamic Reinsurance Operations team within Retirement Solutions. This is a fantastic opportunity for a numerically minded graduate or someone with relevant experience seeking a new challenge in a critical function that supports Aviva’s strategic ambitions.

You’ll be responsible for the ongoing administration of in-force reinsurance arrangements, working closely with pension schemes and reinsurance partners to deliver capital-efficient solutions that manage risk effectively.

A bit about the job:

• Analyse and validate insured data extracts to identify changes across reinsurance portfolios.
• Calculate updated reinsurance premiums based on revised datasets.
• Support process improvements to enhance accuracy, reduce risk, and increase operational efficiency.
• Collaborate with internal and external stakeholders to ensure smooth delivery of reinsurance administration.

Skills and experience we’re looking for:

• Proficiency in Microsoft Excel; VBA experience is a plus.
• Strong attention to detail and ability to meet deadlines.
• Excellent communication and teamwork skills.
• Willingness to learn and grow within the role.
• Strong numerical ability; experience in reinsurance operations or pension transactions is desirable but not essential.

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 between £28,000 and £30,000 (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 6% 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.
• 25 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

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 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

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Jessica Mason a call on 07387 545 666 or send an email to [e-mail].