Actuarial Trainee

Actuarial Trainee – Salary starting from £30,600. A fantastic opportunity has arisen to join the Annuities team as an Actuarial Trainee in the Pricing Team. The successful candidate will join a dynamic and motivated team that will drive success for the Annuity business. The role is based out of York or London however, Aviva is committed to working flexibly and making the most of virtual working and utilising the technology we have to enable us to continue to collaborate with colleagues and engage with our customers. A bit about the job: The bulk annuity market continues to grow as Defined Benefit pension scheme trustees and employers’ de-risk their balance sheets. Bulk annuity business is a key area of growth and value generation for Aviva, with business volumes tripling over recent years. In 2021 Annuity volumes were c.£7bn across the BPA and IA businesses. The Capital & Pricing team is responsible for ensuring that the pricing strategy for annuities set Aviva up for success which means understanding the key drivers of annuity profitability and turning these into a successful pricing strategy. The team is also responsible for the annual Planning process and correspondingly setting the pricing targets through the year while reacting to financial and commercial changes. Aviva uses “smart-working”, and the person in this role can be based within York or London. If based in London, you would travel to York as needed, typically once a quarter. Skills and experience we’re looking for: Strong mathematical/numerical or actuarial skills. Strong excel skills (VBA or similar skills would be an advantage but not essential). An interest and ability in analysing data to discover insights and an ability to communicate these. Positive attitude and behaviours, and a willingness to learn new things and work as part of a dynamic team under commercial pressures. Degree or other equivalent experience. What you’ll get for this role: Salary starting from £30,600 (depending on skills, experience, and qualifications) Generous pension (starting level Aviva contributes 8% when you contribute 2%) Eligibility for annual performance bonus Family friendly parental and carer’s leave 29 days holiday per year plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for Aviva products Brilliant flexible benefits including electric cars Aviva Matching Share Plan and Save As You Earn scheme 21 volunteering hours per year Aviva is for everyone: We are inclusive and welcome everyone – we want applications from people with diverse backgrounds and experiences. Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 60% of their time in our offices and 40% at home. 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 Abigail Aitken a call on 44 7774 789975 or send an email to abigail.aitken@aviva.com We help our 18 million customers to save for the future and manage the risks of everyday life. To give these customers the best possible products and service we know we must make Aviva the most attractive choice for talented, entrepreneurial people with diverse backgrounds and an evolving range of expertise and insight. So, we’re passionate about helping our 22,000 people to do the best work of their lives, to enable them to make a positive difference to the lives of our customers.