Aviva

Finalisation Actuary

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Job Location

Norwich, United Kingdom

Job Description

Finalisation Actuary

National Salary £65,000 - £75,000

London Salary £70,000 - £90,000

We have a unique opportunity for an experienced and qualified Actuary to join our team. This is a great job for someone who want to join a dynamic team and further their career wrking with The UK's leading Wealth, Insurance and Retirement business!

A bit about the job:

Our Bulk Purchase Annuity (BPA) onboarding and operations teams are responsible for the seamless implementation of new BPA deals and the provision of ongoing services to BPA customers. These are supported by an actuarial team which provides technical support to both onboarding and operations as well as the wider team which you will join.

Key aspects of role:
  • Review the calculations of final premiums ensuring consistency with the terms of the BPA deal and any contractual requirements.
  • Review and sign off valuations of buy-in contracts for trustee and corporate accounting disclosures purposes, including liaising with auditors and answering any technical queries raised
  • The calculation and review of ongoing administration factors to ensure consistency with current market conditions and current pricing terms. The calculation and review of ad hoc actuarial factors
  • The provision of actuarial factors and calculation tools to clients for external use
  • Reviewing the calculation of transfer values referred to the actuarial team for review and the ongoing development and maintenance of transfer value calculation processes and systems

Skills and experience we're looking for:
  • Qualified actuary (FIA/FFA)
  • A strong knowledge of defined benefit pensions
  • Extensive experience of checking actuarial valuations and transfer values
  • A good knowledge of the BPA market and its products would be beneficial
  • Strong quantitative skills, IT skills & Attention to detail

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 £65,000 - £75,000, London salary £70,000 - £90,000 (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 tawana.chin@aviva.com .

Location: Norwich, GB

Posted Date: 11/23/2024
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Contact Information

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Aviva

Posted

November 23, 2024
UID: 4947234953

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