London (UK), United Kingdom
11 hours ago
Reinsurance Analyst

Reinsurance Analyst

Salary: circa £35,000 - £55,000

A fantastic opportunity has arisen to join the BPA team in either York or London as a Reinsurance Analyst, which is part of Aviva’s market leading Annuity and Equity Release business within UK Life. Joining a dynamic and motivated team, you will have a real opportunity to make a difference and help deliver compelling, commercial results for Aviva.

You will be involved in reinsurance tenders, analysing terms and working closely with the Reinsurance Operations team to implement treaty arrangements.

The successful applicant will be highly motivated, with the drive to challenge and influence what we do and ensure we meet our goals.

A bit about the job:

You will be:

Supporting the reinsurance tender process and undertaking analysis of reinsurance terms

Assessing competitive positioning as well as assisting with reinsurer relationship management

Working with the BPA Pricing and Deal Management teams to optimise commercials

Liaising with the BPA Operations teams to ensure effective treaty management

Supporting work to ensure compliance with the Reinsurance Framework

Skills & Experience

Strong mathematical background, or Actuarial students making excellent progress through their exams or equivalent actuarial/technical experience

Applications from technically focussed individuals, who are no longer sitting actuarial exams, will also be considered

Previous experience of the BPA market, defined benefit pensions, or longevity pricing would be an advantage

Ability to communicate clearly and develop effective professional relationships

Ability to pick up new concepts quickly, apply judgement and identify opportunities for process improvements

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 circa £35,000 - £55,000, depending on location, 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

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 all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

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 Guv Johal a call on 0750 008 7919 or send an email to Guv.Johal@aviva.com.

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