Actuarial Specialist

Actuarial Specialist - Automation Modelling

National salary £60,000 - £70,000

London Salary £70,000 - £80,000

Do you have expertise in actuarial techniques and practices? Could you apply your skills designing new tools and processes to enable an efficient and insightful actuarial team? 

If so, this could be the role for you!

We have an exciting opportunity for an Actuarial Specialist to join our Automation Modelling team. This is a great job for someone to join a rapidly developing and highly regarded team, that has a strong proven track record of delivering excellent business solutions!

Aviva has introduced “smart-working” and the person in this role would ideally be based in Norwich, but could potentially be based anywhere in the UK, as long as they are comfortable regularly travelling to our Norwich office twice a month.

A bit about the job:

As the UK General Insurance (GI) Actuarial team takes on new and different business, new functionality will be needed in their tools. This role will involve liaising with the Reserving and Capital teams in UK, Ireland and Canada, as well as developers in the Innovation teams, to design and support the build of these tools.  It is highly likely that the scope of the team will expand over the next 12 months to include other technical areas of GI Finance.

Tasks will include: 

• Understanding existing processes and spreadsheets, and desired improvements 
• Designing apps, tools and processes, to ensure the needs of the users are met - this will include creating new and innovative solutions to existing and emerging requirements 
• Working with coders to ensure anything build meets the needs of the actuarial teams 
• Training business users in any new tools 
• Answering queries from business users on methodology and functionality 
• Provides oversight and risk assurance of the in regards to capital requirements for the Aviva model.
• Support the delivery of good customer outcomes through all activities and deliverables, enabling us to act in good faith towards customers, avoid causing foreseeable harm and enable and support our customers to pursue their financial objectives.

Skills and experience we’re looking for:

• A part qualified or fully qualified actuary
• Experience of actuarial techniques, a deep knowledge of the actuarial reserving process would be an advantage but by no means essential
• Drive to find or design solutions to tricky problems
• Inquisitive nature
• The ability to work collaboratively with business users and coders 

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.

• National salary £60,000 - £70,000, London salary £70,000 - £80,000 (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 10% 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 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 around 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 interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Tawana Chin a call on 07789 624461 or send an email to [email protected].