Actuarial Analyst in Norwich

Actuarial Analyst in Norwich

Norwich Full-Time 31500 - 38500 £ / year (est.) Home office (partial)
Aviva plc

At a Glance

  • Tasks: Join our BPA team to manage pension risk and deliver excellent customer outcomes.
  • Company: Aviva, a supportive and inclusive company focused on your growth.
  • Benefits: Starting salary of £28,000, generous pension scheme, and 25 days holiday.
  • Other info: Flexible working options and opportunities for career development.
  • Why this job: Develop your analytical skills while making a real impact in financial services.
  • Qualifications: Strong numerical skills and a passion for problem-solving.

The predicted salary is between 31500 - 38500 £ per year.

This is a great job for someone who is an enthusiastic and highly organised individual with strong communication skills and a passion for delivering excellent service. Whether you're early in your actuarial, pensions or financial services career, or looking to further develop your analytical and systems expertise, this role offers the opportunity to join a supportive and growing team at an exciting stage of its development. If you enjoy problem-solving, working with data and collaborating with a variety of stakeholders, this could be the role for you.

A bit about the job: You'll join our expanding Bulk Purchase Annuity (BPA) team in Norwich, where we work closely with trustees and employers of Defined Benefit pension schemes to help manage pension risk and deliver excellent customer outcomes. In this role, you'll support the onboarding of new pension schemes onto our administration platform, ensuring schemes are accurately prepared for finalisation. Working closely with implementation managers, consultants and trustees, you'll help coordinate activities across internal and external stakeholders while keeping delivery on track against agreed milestones. You'll play a key role in building and testing scheme data, supporting system enhancements and identifying opportunities to improve how we work, helping to deliver an efficient and seamless onboarding experience for our clients.

Skills and experience we’re looking for:

  • Strong numerical and analytical skills, with the ability to accurately interpret and work with large data sets.
  • A keen interest in developing knowledge of Defined Benefit pension scheme structures and benefits.
  • Excellent problem-solving skills and attention to detail, with the ability to analyse data and identify solutions.
  • Effective verbal and written communication skills, with the confidence to work with a variety of stakeholders.
  • Strong interpersonal skills and the ability to work collaboratively as part of a team.

What you’ll get for this role:

  • Starting salary c. £28,000 (depending on location, skills, experience, and qualifications)
  • Bonus opportunity - 6% 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%
  • 25 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 in Norwich 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 Analyst in Norwich

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 in Norwich

Numerical Skills
Analytical Skills
Data Interpretation
Problem-Solving Skills
Attention to Detail
Communication Skills
Interpersonal 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.