Actuarial Trainee

Trainee Actuarial

Salary starting from £35,000

Are you looking to further your career as a fully sponsored actuarial trainee?

If you are currently studying towards the Faculty and Institute of Actuaries (IFoA) examinations and have relevant actuarial work experience in the Life Insurance sector, we want to hear from you.

A bit about the job:

We are the UK’s largest insurer, a FTSE 100 company and a market leader globally so we are able to demonstrate all the outstanding expertise we have in house as well as partnering with training providers to help us develop well-rounded Actuaries with insurance orientated actuarial, financial and commercial knowledge.

Our trainees rotate every 18 months to 2 years and your first placement will be confirmed before you join us.

We have one of the largest networks of Actuaries in the country so you will be in good hands from the beginning. Your line manager, buddy and your qualified mentor will all work with you and provide encouragement and support throughout your training. You also have a supportive team around you and business-wide networking opportunities to help you succeed.

We give our trainees the best chance of passing their exams first time by also:

Providing a market competitive salary plus pay rises each time you pass key exams

Partnering with an internationally recognised training provider

Providing a generous amount of study leave – up to 50 days paid so that you can balance the demands of studying and working

Funding students’ membership of the IFoA and examination fees

Skills and experience we’re looking for:

Showing commitment to actuarial exam progress by studying towards the Institute and Faculty of Actuaries (IFoA) examinations with a minimum of 6 exams having already been successfully attained (not exemptions)

knowledge of life insurance and investment products and/or Solvency II reporting (Preferred, but not essential)

A broad technical knowledge and understanding of actuarial principles, formulae and methodology.

Highly numerate and analytical with a developed capability to interpret data and establish alternatives and solutions to complex problems.

A high degree of computer literacy and strong excel skills.

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.

Salary starting from £35,000 (depending on skills, experience, and qualifications)

Bonus opportunity - 8% 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

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.