Actuarial Analyst

Actuarial Analyst – Salary up to £50,000

Locations: Norwich or York

Are you someone with strong Defined Benefit pensions experience who is looking to develop their career within the growing Bulk Purchase Annuity (BPA) market?

This is a great opportunity for someone with a solid DB pensions background who enjoys analytical work, solving complex problems and delivering high-quality customer outcomes. Whether you're progressing through actuarial exams (with study support available) or have built your expertise through experience, this role offers an excellent opportunity to apply your existing knowledge in a new and rewarding insurance environment.

A bit about the job:

You'll join our Bulk Purchase Annuity (BPA) actuarial team, supporting the implementation and ongoing management of BPA schemes for our customers. Working closely with operations, trustees, auditors and wider business teams, you'll carry out and review actuarial calculations, maintain administration factors and support valuation work for trustee and corporate accounting purposes. You'll also contribute to technical projects and continuous improvement initiatives, helping ensure our processes remain robust, efficient and deliver great outcomes for customers.

Skills and experience we’re looking for:

• Experience working within Defined Benefit pensions

• Experience calculating transfer values and/or supporting actuarial valuation work

• Strong numerical, analytical and problem-solving skills with excellent attention to detail

• Good IT skills, including Excel (VBA knowledge would be advantageous)

• Working towards actuarial qualification or equivalent experience gained through a pensions or actuarial environment

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 up to £50,000 (depending on location, skills, experience, and qualifications)

• Bonus opportunity - 8% (C grade) 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

We'd love it if you could submit your application online. If you require an alternative method of applying, or if you have any queries in relation to the vacancy, please email seema.rana@aviva.com