This is a 9 month Fixed Term Contract (FTC).

The UK and Group Capital Projects team is a Technical Shared Service team in the Group’s Chief Capital Office and provides proactive identification, review, analysis and execution of large and complex capital projects for UK Life, UK General Insurance, Aviva Insurance International (“AII”, the Group’s internal reinsurance entity) and Aviva Group.

A key aspect of managing our capital position is the design and delivery of capital projects to further optimise capital or address emerging and longer-term issues.

We’re looking for a qualified actuary with demonstrable post-qualified experience, ideally gained within a large insurance company environment, to support one or more capital projects within Aviva’s UK Life business.  Projects which the team are involved in during 2022 include one looking to merge two With-Profits funds and another to transfer annuities from a With-Profits fund to a Non-Profit fund.

In this role you will provide high quality and pro-active capital project support to senior internal stakeholders (up to and including Board level) in a range of areas which may include:

• Supporting the Capital Project Senior Actuaries on UK Life led capital projects by playing a key role in the development, investigation, analysis and due diligence

• Building productive relationships with stakeholders

• Supporting provision of high quality information on capital management actions across Aviva which are presented at Aviva Board level

• Analysing and assessing capital projects / SST information from a business perspective & communicating effectively

• Preparing and contributing to Steering Group, ALCO etc. papers

• Providing high quality, flexible support to meet the objectives of the Group-wide Aviva Capital function

• Supporting commercial negotiations

We are looking for someone with the following skills and experience:

• Qualified actuary or accountant with strong technical skills

• Good understanding of capital and financial metrics and financial management

• Ability to manage workload in flexible and proactive manner

• Demonstrate influencing and relationship skills and ability to build network across business units & functions

• Proactive, with ambition and ability to learn quickly and a can do attitude

• Good communication (written, oral and presentational) & inter-personal skills

• High qualitative skills: brings sound judgement to facts/data, with strong analytic and interpretative skills

• Creative and commercial mindset

What will you get for this role?

• A salary between £60,000-£80,000 depending on location, experience and qualifications

• Generous defined contribution pension scheme

• 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

• 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’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 Daniela Krol a call on 0121 234 7660 or send an email to daniela.krol@aviva.com 

*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.