Reporting Actuary

Aviva are currently in the search for an energetic and motivated Reporting Actuary to join us as a key member of the Aviva Life Actuarial Reporting team.

The role will be responsible for supporting the delivery of all Actuarial Reporting requirements, including calculation and analysis of SII reporting and will be involved in direct contact on a regular basis with senior management in Financial Reporting, UK Actuarial Modelling, Finance, Aviva UK, and Aviva Group as required. This role requires close liaison with your peer Actuarial and Finance managers, and will be an integral senior member of the reporting team in Cherrywood.

The successful candidate will play a key role in driving and contributing to a major transformation project within the organisation. This is an exciting opportunity to make a significant impact and contribute to the future success of the company.

Duties & Responsibilities:

• Production, identification, and explanation of the sources of changes in the Own Funds and Solvency Capital Requirement via an Analysis of Change.

• Calculation and analysis of new business metrics, Stress and Scenario Testing, sensitivities, and other analysis as required.

• Ensure that the SII reporting team has the necessary processes and controls in place and operating effectively to meet Aviva’s standards for financial management and accelerate reporting timelines.

• Specification and testing of required changes to the Prophet model, Data Lake and IT developments as required for existing or new business.

• Assisting with experience analysis and assumption setting, including quantifying impacts on SII BEL.

Skills & Experience:

• Qualified or near qualified Actuary with substantial experience.

• Extensive experience of Solvency 2 and/or of IFRS17.

• Previous experience of analysing and reviewing actuarial reporting results.

• Producing management level reports and presentations and effectively communicating to senior stakeholders.

• Knowledge of the financial structure and operation of life and pensions products and in particular have a strong knowledge of the structures of unit linked, with profit and term insurance products.

• Ability to deliver / transfer knowledge through coaching and mentoring skills.

• Up to date knowledge and understanding of actuarial principles and methodology, including knowledge of Prophet.

• Familiarity using Python is advantageous.

What will you get for this role?

• A competitive market leading salary depending on skills, experience, and qualifications.

• Generous pension (employee contribution matching of up to 14% if you contribute 8%)

• Annual performance related bonus and pay review.

• Holiday allowance of 29 days plus bank holidays, and the option to buy/sell up to 5 additional days.

• Free car parking

• Generous Health & dental insurance contributions after six months

• Aviva Matching Share Plan and Save As You Earn scheme and Approved Profit Share Scheme

• Cycle to Work benefit scheme.

• TaxSaver Travel Scheme

• Family friendly parent’s (matching paternity and maternity leave) and carer’s leave.

• Up to 40% discount for some Aviva products plus discounts for Friends and Family

• Employee Assistance Programme

• Volunteering days

• Professional qualification support and transparent career progression plans

Aviva is for Everyone

Our diversity and inclusion policies and initiatives are shaping an environment where everyone feels welcome regardless of age, disability, race, ethnicity, gender, gender identity, religion, culture, sexual orientation, national origin, marital status, pregnancy, maternity, or those with other caring responsibilities. Our approach helps to ensure that Aviva is a place which values difference and provides equal opportunities for all.

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.

We prefer all applications to be submitted online, however if you require an alternative method of applying, please contact megan.crabbe@aviva.com.