Job Description:
Senior Actuarial Manager
We have an exciting opportunity for a Senior Actuarial Manager to join our team on a 12-month fixed-term contract. This role is ideal for someone with strong technical experience who wants to contribute to our Credit Risk modelling improvements.
About the role:
The position is within our Group Actuarial & Capital Change (GACC) team, focusing on our Credit Risk Modelling program. The team aims to enhance our approach to Credit Risk modelling to support our capital management and pricing strategies for Bulk Purchase Annuities.
You will be involved in modeling credit risk drivers at a granular level, working on Matching Adjustment in stress scenarios, establishing calibrations, and developing the SCR approach. You will also produce papers for expert panels and ensure compliance with regulations, considering impacts from Solvency UK reforms.
Required skills and experience:
* Qualified actuary with experience in modeling credit risks and annuity portfolios
* Proven track record in technical actuarial roles such as actuarial function, calibration, or MaiS
* Ability to work independently
* Confidence in producing work that meets PRA standards
* Excellent stakeholder management skills, with the ability to simplify and communicate complex information effectively
Benefits:
* Salary between £90,000 and £100,000, depending on experience
* Bonus opportunity of 12% of annual salary, performance-dependent
* Generous pension scheme with up to 14% contribution from Aviva
* 29 days holiday plus bank holidays, with options to buy or sell additional days
* Up to 40% discount on Aviva products and other retailer discounts
* Up to £1,200 of free Aviva shares annually through our Share Plan and Save As You Earn scheme
* Supportive policies including parental and carer’s leave
* Flexible benefits, including sustainability options like cycle to work
* Paid volunteering days and community involvement opportunities
* Focus on wellbeing with various support tools
Learn more by using our salary calculator to see your total Aviva Reward.
Our inclusivity:
We welcome applicants from diverse backgrounds and experiences. If you're excited about this role but don't meet every requirement, we encourage you to apply. We offer flexible locations, hours, and working patterns, with most employees spending around 50% of their time in the office, balancing flexibility and collaboration.
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