Life Insurance Analyst

Job Overview

Location
London, England
Job Type
Full Time Job
Job ID
97227
Date Posted
1 year ago
Recruiter
William Dragusin
Job Views
225

Job Description

The Team

The Experience Analysis and Assumptions Team reports in to the UKL Actuarial Reporting Lead. It is part of the wider UKL Chief Accounting Officer team.

It is responsible for developing, reviewing and securing agreement to the full set of set of assumptions used in reporting and costing – from undertaking research, specifying and sourcing experience analysis investigations, sourcing market data, though to analysing results, proposing assumptions and taking them through governance. The team is also responsible for reviewing reporting outputs.

The assumption set is a key component of our reporting and commercial operations, so you’ll operate under a strong risk management and controls framework, ensuring regulatory compliance and high-quality, timely outputs.

Current team members are based in Wellington Row, York but we are open to new members being based in Bristol.

We are supported by the ASEC team in Poland who provide actuarial and analytical support in the experience analysis process.

The Person

We are looking for a part-qualified actuary or someone with an analytical/data background to join our team, with a particular focus on supporting the assumption setting process for mortality, morbidity and persistency.    

Duties & Responsibilities

  • You will support projects that deepen and broaden Aviva’s understanding of mortality and morbidity, including analysis of external data sets / sources as well as analysis of Aviva’s own experience

  • You will operate, maintain and support the development of systems for analysing demographic risk

  • You will provide timely and reliable support to other areas of the business to help answer their questions on demographic risk

  • You will support the assumption setting process, including contributing to producing papers and taking assumptions through appropriate governance processes

  • You will operate under a strong risk management and controls framework, ensuring regulatory compliance

Skills / Experience Required

  • You will have strong numerical skills and ideally have knowledge of statistical techniques and relevant software (e.g., Excel, SQL, R)

  • You should have good data handling and analytical skills and be able to work with complex data, building models and interpreting results

  • You will be naturally curious and enjoy using your skills and initiative to create new insights

  • You will be well-organised, capable of working independently and able to present the results of your work clearly. In particular you will be able to take complex technical concepts and convey them in an easy-to-understand way to suit your audience

  • An interest in mortality / health related themes and awareness of current issues would be useful but is not essential

What will you get for this role?

  • Salary circa £35,000 depending on skills, 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 ownership, 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’d love it if you could submit your application online. If you require an alternative method of applying, please give Guv a call on 0750 008 7919 or send an email to Guv.johal@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.

Job ID: 97227

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