Individual Annuity Pricing Development Actuary

2 months ago

York, York City, United Kingdom Aviva Full time
Individual Annuity Pricing Development Actuary

Salary between £80,000 and £90,000

Due to the continued success and investment in our Individual and Bulk Annuity businesses, an excellent opportunity has arisen to join the Annuity Pricing team to support delivery of our Individual Annuity trading plan.

Reporting to the Annuity Pricing Director, this role would suit a commercially minded and delivery focussed individual with strong actuarial, leadership and problem-solving skills. You will join a wider multi-disciplinary and talented team in the Retirement Solutions business, and work in a fast paced, technical and growing market with huge potential to help drive our new business trading results.

A bit about the job:

The Pricing Development Actuary will identify and lead activity to improve our capability and trading performance covering assumption reviews, pricing methodology, models and tools, trading strategy, reinsurance optimisation, pricing proposition developments, operation and strengthening of key pricing controls.

This will be a leadership role in the pricing team so will require a strategic approach to joining up work across teams and individuals, the ability to work on multiple initiatives concurrently and the desire to mentor and develop more junior members of the team, drive collaboration and a great team culture.

The successful candidate will have the opportunity to work with colleagues and key stakeholders across the Annuity Pricing team, wider Retirement business, Finance and Risk, so will need to build effective relationships.

We are also investing in a new strategic platform for our Individual Annuity business to support improved customer experience, new proposition development and enhanced pricing capability going forward. This will help us deliver more value in a growing market and is a great time to join our business.

Skills and experience we're looking for:
  • Qualified Actuary (or similar experience)
  • Track record of applying technical skills and experience to solve business problems
  • Strong communication and influencing (verbal, written)
  • Strong track record of successfully leading and developing teams / individuals
  • Commercial / pricing experience would be beneficial
What you'll get for this role:

Our purpose - with you today, for a better tomorrow - is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.
  • Starting salary between £80,000 and £90,000 (depending on location, skills, experience, and qualifications)
  • Bonus opportunity - 12% of annual salary actual amount depends on your performance and Aviva's.
  • Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
  • 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
  • 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
Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We're inclusive and welcome everyone - we want applications from people with diverse backgrounds and experiences.

Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you're in a job share just apply as a pair.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working -spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you've applied, please send us an email stating that you have a disclosed disability, and we'll interview you.

We'd love it if you could submit your application online. If you require an alternative method of applying, please give Klaudia Kmita-Adegboro a call on or send an email to

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