Lead Actuarial Consultant
2 months ago
Senior Actuarial Manager
Salary £90,000 - £100,000
We are thrilled to present a unique opportunity for a Senior Actuarial Manager to become a vital part of our team on a fixed-term contract. This position is ideal for an individual with robust technical expertise who is eager to join our collaborative and determined team as we enhance our strategies in Credit Risk modelling.
Overview of the Role:
This position is situated within our Group Actuarial & Capital Change (GACC) division, which focuses on our Credit Risk Modelling initiatives. The team is dedicated to refining our methodology for Credit Risk modelling within the organization to bolster both the capital reserves on our balance sheet and the pricing for our Bulk Purchase Annuities.
Your responsibilities will include modelling the factors influencing credit risk at a more detailed level, addressing Matching Adjustment during stress scenarios, establishing calibrations and methodologies for the SCR, preparing documentation for expert panels, ensuring adherence to regulations, and evaluating the implications of Solvency UK reforms.
Desired Skills and Experience:
Qualified actuary with a background in modelling credit risks and annuity portfolios Demonstrated success in technical actuarial roles, such as actuarial function/calibrations/MaiS Capability to work autonomously Confidence in producing work that meets the standards required by the PRA Exceptional stakeholder management abilities, with the capacity to simplify and convey complex information tailored to the audience's needsBenefits of the Role:
Our commitment - with you today, for a better tomorrow – extends to our colleagues as well. One of the ways we fulfill this promise is through our investment in your development. We offer a wealth of benefits as part of being an Aviva colleague.
Starting salary ranging from £90,000 to £100,000 (dependent on location, skills, experience, and qualifications) Bonus potential of 12% of annual salary, contingent on performance and Aviva's overall results. Comprehensive pension scheme - Aviva will contribute up to 14%, based on your contributions. 29 days holiday plus bank holidays, with the option to buy or sell up to 5 additional days Enhance your financial benefits - Up to 40% discount on Aviva products, along with other retailer discounts Up to £1,200 of complimentary Aviva shares annually through our Matching Share Plan and share in Aviva's success with our Save As You Earn scheme Excellent supportive policies, including parental and carer's leave Flexible benefits tailored to your needs, including sustainability options like cycle to work Make a positive impact, join our Aviva Communities and utilize your 3 paid volunteering days to assist others We prioritize your wellbeing with a variety of support and resourcesExplore further to discover more. Input a salary into our calculator to see what your total Aviva Reward could be.
Aviva is committed to inclusivity:
We embrace diversity and welcome all applicants – we encourage applications from individuals with varied backgrounds and experiences.
Feeling excited but unsure if you meet every requirement? Research indicates that women, in particular, may feel this way. So, irrespective of gender, we encourage you to apply. If you are in a job share, consider applying as a pair.
We offer flexible locations, hours, and working arrangements to accommodate our customers, business needs, and your preferences. Most of our employees engage in smart working – spending approximately 50% of their time in our offices each week - blending the advantages of flexibility with valuable time spent with colleagues.
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