Actuarial Reporting Specialist

Actuarial Reporting Specialist

Full-Time 65000 - 75000 £ / year (est.) Home office (partial)
Aviva plc

At a Glance

  • Tasks: Review and challenge complex actuarial results while developing expertise in Solvency II and IFRS 17.
  • Company: Join Aviva, a leading insurance company with a commitment to inclusivity and employee development.
  • Benefits: Competitive salary, bonus opportunities, generous pension scheme, and 29 days holiday.
  • Other info: Flexible working options and supportive policies for wellbeing and volunteering.
  • Why this job: Broaden your actuarial experience and work closely with senior leaders across the Group.
  • Qualifications: Qualified actuary with strong analytical skills and experience in life insurance or financial services.

The predicted salary is between 65000 - 75000 £ per year.

This is a great opportunity for a qualified actuary looking to broaden their actuarial and commercial perspective and further develop their Solvency II and IFRS 17 expertise. You'll review and challenge complex actuarial results across multiple businesses, developing a deeper understanding of key risks, judgements and reporting outcomes. The role offers the opportunity to work with senior Actuarial and Finance leaders across the Group with exposure to Group- and subsidiary-level reporting and Aviva’s Internal Model, while helping build the skills and experience needed to progress your actuarial career.

A bit about the job:

We have an exciting opportunity to join the Group Actuarial Reporting team, supporting the Group and AII Chief Actuaries in fulfilling their wide-ranging responsibilities. The team provides oversight and challenge of actuarial results across the Group, helping to ensure external and regulatory disclosures are robust, accurate and fit for purpose.

The role offers a unique opportunity to broaden your actuarial experience beyond a single business area, giving you exposure to a wide range of products, businesses and actuarial risks across Aviva. You'll review and challenge Solvency II and IFRS 17 assumptions and results, support Internal Model validation activities, and contribute to the oversight of key actuarial judgements and risk management processes.

Working closely with colleagues across Finance, Risk and the business, you'll strengthen your technical expertise, develop professional judgement and build relationships across the Group while gaining insight into how actuarial results support decision-making.

Skills and experience we’re looking for:

  • Qualified Actuary (FIA or equivalent) with experience working within life insurance, pensions or financial services.
  • Strong analytical skills with the ability to assess complex information, identify key risks and insights, and communicate technical actuarial concepts clearly to a range of stakeholders, including senior management and committees.
  • Ability to apply sound judgement, challenge constructively and build effective working relationships across teams.
  • Experience in actuarial reporting, valuation, capital management, model governance or risk oversight activities.

What you’ll get for this role:

  • Starting salary between c. £65,000 and c. £75,000 (depending on location, skills, experience, and qualifications).
  • Bonus opportunity - 10% of annual salary, (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 Reporting Specialist employer: Aviva plc

Aviva is an exceptional employer that prioritises the growth and well-being of its employees, offering a competitive starting salary of around £60,000 along with a generous benefits package including a robust pension scheme, private medical benefits, and flexible working options. The collaborative work culture fosters technical excellence and continuous improvement, allowing you to make a meaningful impact while being part of a supportive team dedicated to delivering fair outcomes for customers in challenging situations.

Aviva plc

Contact Details:

Aviva plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Reporting Specialist

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 Reporting Specialist

Qualified Actuary (FIA or equivalent)
Actuarial Reporting
Valuation
Capital Management
Model Governance
Risk Oversight
Analytical Skills

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.