Actuarial Analyst

York, Flexible
29 Dec 2020
28 Jan 2021
Contract Type
Full Time

Our Actuarial Existing Business Team is currently recruiting for an Actuarial Analyst to join their phenomenal team! The role is a 12-month fixed term contract and based in York. However, given the multisite nature of work and that everyone is working remotely at present, we can be flexible with location but travelling to York will be required post-pandemic.

The team plays a key role in supporting company projects which help our existing business policyholders. The team is responsible for calculating and issuing essential rate factors for all Aviva UK Life With-Profits contracts including final bonus rates, market value reductions (MVRs), surrender/transfer value factors and estimated maturity values factors.  They also provide actuarial advice and product support to a wide variety of customers, both internally and externally.

As the Actuarial Analyst, you will ensure that the team can offer support to the business and answer queries from internal teams that help the customer. The role is best suited for a part qualified Actuary or a Pricing Analyst.

Responsibilities in the role:

  • Provide actuarial advice, write reports, check the work of junior members and help with calculations within the team
  • Respond to policyholder queries from various internal teams and ReAssure, ensuring these are done to a high standard while timely in line with team targets.  This involves manual calculation mainly using Excel spreadsheets to determine correct policy values and/or providing suitable wording to clearly explain to the customer how values have been calculated
  • Ensure that all work has strong governance and controls
  • Maintain and update quotation systems owned by the team
  • Assist with testing, providing specifications on calculations required by projects, generally driven by regulation changes

Skills and experience we’re looking for:

  • Strong analytical and communication skills
  • Extensive experience with MS Excel
  • Knowledge of basic actuarial techniques
  • Strive for quality and customer focus
  • Can-do attitude and uses initiative

What will you get for this role?

  • Salary up to £30,000 depending on location, skills, experience and qualifications
  • Generous defined contribution pension scheme
  • Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days
  • Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family (some exclusions apply)
  • Excellent range of flexible benefits to include a matching share save scheme

Working at Aviva

At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.

We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take responsibility, and who make good decisions.

The way we do this is important too. We always ‘Care More’. It’s our thing. We’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.

We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.

We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Lacey Lane Mckoy a call on 0207 255 0884 or send an email to

*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.

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