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Job Location | York, ON |
Education | Not Mentioned |
Salary | Not Disclosed |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Full Time |
Actuarial Trainee – Salary starting from £30,600.A fantastic opportunity has arisen to join the Annuities team as an Actuarial Trainee in the Pricing Team. The successful candidate will join a dynamic and motivated team that will drive success for the Annuity business. The role is based out of York or London however, Aviva is committed to working flexibly and making the most of virtual working and utilising the technology we have to enable us to continue to collaborate with colleagues and engage with our customers.A bit about the job:The bulk annuity market continues to grow as Defined Benefit pension scheme trustees and employers’ de-risk their balance sheets. Bulk annuity business is a key area of growth and value generation for Aviva, with business volumes tripling over recent years. In 2021 Annuity volumes were c.£7bn across the BPA and IA businesses. The Capital & Pricing team is responsible for ensuring that the pricing strategy for annuities set Aviva up for success which means understanding the key drivers of annuity profitability and turning these into a successful pricing strategy. The team is also responsible for the annual Planning process and correspondingly setting the pricing targets through the year while reacting to financial and commercial changes.Aviva uses “smart-working”, and the person in this role can be based within York or London. If based in London, you would travel to York as needed, typically once a quarter.Skills and experience we’re looking for: