Senior Actuarial Manager (12 Months)

TN United Kingdom; Bristol; On-site; GBP 90,000 - 100,000; Full time

Job summary

An exciting opportunity awaits for a Senior Actuarial Manager to join a dynamic team focused on improving Credit Risk modelling. This role offers the chance to work independently while collaborating with stakeholders to enhance the organisation's approach to capital management. With a strong emphasis on technical expertise and compliance, you will play a vital role in shaping the future of the company's financial strategies. Enjoy a competitive salary, generous benefits, and a supportive work environment that values your contributions and well-being.

Benefits

Generous pension scheme

29 days holiday plus bank holidays

Up to 40% discount on Aviva products

Free Aviva shares through Matching Share Plan

Flexible benefits including sustainability options

Paid volunteering days

Wellbeing support and tools

Qualifications

• Qualified actuary with experience in credit risk modelling and annuity portfolios.
• Proven track record in technical actuarial roles and stakeholder management.

Responsibilities

• Involved in modelling credit risk drivers and establishing calibrations.
• Produce papers for expert panels and ensure compliance with regulations.

Skills

Qualified actuary

Modelling credit risks

Annuity portfolios

Stakeholder management

Technical actuarial roles

Independent work

Job description

Social network you want to login/join with:

col-narrow-left

Client:

Aviva

Location:

Bristol, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

3f1d6ef26276

Job Views:

4

Posted:

29.04.2025

Expiry Date:

13.06.2025

col-wide

Job Description:

Senior Actuarial Manager

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:

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 £90,000 and £100,000 (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.