At a Glance
- Tasks: Join our Actuarial Team to solve technical problems and support customer outcomes.
- Company: Aviva, a leading company committed to inclusivity and employee development.
- Benefits: Starting salary of £30,000, generous pension, 29 days holiday, and flexible working options.
- Other info: Enjoy opportunities for volunteering and personal growth in a dynamic team.
- Why this job: Make a real impact while developing your actuarial skills in a supportive environment.
- Qualifications: Strong analytical skills, A Level Maths, and a passion for problem-solving.
The predicted salary is between 30000 - 30000 £ per year.
This is a great job for someone who is looking to develop their actuarial career within a collaborative team, with strong analytical skills and an interest in technical problem solving. This role would suit someone with a solid mathematical background who is eager to build their knowledge of actuarial processes and methodologies while delivering accurate customer outcomes.
A bit about the job: This is an exciting opportunity to join the Actuarial Team on a permanent basis, supporting both internal stakeholders and external customers. You will handle technical policy queries and contribute to projects impacting existing business policyholders, playing an important role in maintaining high standards of customer and administrative support. You will also support the calculation and implementation of With‑Profit bonus rates, including final bonus rates, surrender and transfer value factors, and estimated maturity values. Alongside this, you will help improve these processes to make them more efficient, simpler to run, and enhance customer outcomes. The role is key to ensuring calculations are accurate, well‑governed, and delivered on time, supporting both individual customers and wider business objectives.
Skills and experience we’re looking for:
- Strong analytical and problem‑solving skills with the ability to perform accurate and complex calculations
- Minimum A Level Maths (or equivalent)
- Good understanding of actuarial principles, formulae, and methodologies, with strong Excel and computer literacy skills
- Awareness of risk and ability to identify and mitigate potential issues
- Strong written and verbal communication skills, with the ability to explain complex concepts clearly
What you’ll get for this role:
- Starting salary c. £30,000 (depending on location, skills, experience, and qualifications)
- Bonus opportunity – Actual amount depends on your performance and Aviva’s.
- Generous pension scheme – e.g. if you put in 8%, Aviva adds 14%
- 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
- Aviva‑funded Private Medical Benefit to help you get expert support when you need it
- 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
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 at least 50% of their time in our offices every week – combining the benefits of flexibility, with time together with colleagues.
Actuarial Analyst employer: Aviva plc
Aviva is an exceptional employer that prioritises the growth and well-being of its employees, offering a competitive starting salary of c. £30,000 along with a generous pension scheme and extensive benefits including 29 days holiday and flexible working options. With a strong focus on collaboration and inclusivity, Aviva fosters a supportive work culture where you can develop your actuarial skills while making a meaningful impact on customer outcomes and business objectives.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aviva plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aviva plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aviva plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aviva plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aviva plc.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aviva plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aviva plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
