Actuarial Specialist

Actuarial Team Manager – up to £68,0000

This is a great job for someone who…

…has an actuarial background, ideally within Life Insurance, and is ready to play an integral role in a specialist team. This role would suit someone with experience in actuarial work who enjoys learning quickly, working across a wide range of products and calculation methods, and is excited by the opportunity to manage and guide others. It’s well suited to someone ready for a step up into people management and increased accountability, while continuing to apply strong technical and governance skills.

A bit about the job:

This role exists to oversee the management and delivery of With-Profits rate reviews, helping ensure accurate, well-governed outcomes that support Aviva’s customers and business. You’ll join an actuarial team responsible for managing, reviewing and implementing With-Profits rates across a range of Life and Pension products. You’ll be accountable for ensuring robust processes, strong audit trails, and effective controls, while planning and delivering both short-term improvements and longer-term process updates. The role also involves close collaboration with internal and third-party stakeholders and obtaining formal sign-off from the With-Profits Actuary.

Skills and experience we’re looking for:

• Proven experience in an actuarial role, preferably within a Life company

• Knowledge of a range of Life and Pension products, including Conventional and Unitised products

• Knowledge of With-Profits business

• Advanced Excel skills

• Strong communication skills with the ability to work collaboratively across teams

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 £68,000 (depending on location, skills, experience, and qualifications)

• Bonus opportunity - 10% (D grade) 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

• 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.

Regulatory requirements

Due to this role being in scope for the Insurance Distribution Directive (IDD), it is a prerequisite that you are not currently bankrupt and do not have an unspent conviction for a serious criminal offence. By applying for this role, you are certifying that you satisfy both of these requirements.

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