Description
We seek an upbeat and experienced Actuarial Team Lead to join our Corporate Actuarial Department.
Within the Actuarial Function of Corporate Actuarial, you will take on a meaningful role supporting the Chief Actuary's responsibilities under the Solvency UK framework. Your tasks include contributing to the supervision of the Internal Model and helping develop opinions shared with the Board on underwriting and the Business Plan.
Responsibilities:
- Support the ongoing assessment of methods and assumptions applied in risk calibrations and Solvency UK capital requirement calculations. Collaborate closely with the Economic Capital team and Aviva Group teams.
- Ensure governance requirements are met by supporting the assessment of the sufficiency and quality of data used in risk calibrations and the calculation of Solvency UK capital requirements.
- Provide support to the Chief Actuary in forming opinions about the Solvency UK Capital Requirement, Business Plan, and Underwriting through collaboration with Pricing, Reserving, Reinsurance, Risk, and Finance teams.
- Support the Model Risk Management Business Standard and Model Risk Independent Validation Business Standard by reviewing material models as needed.
Requirements:
- Diploma or degree in Actuarial Science, Data Analytics, Mathematics, Economics, Finance, or a related field, or an equivalent combination of education and experience.
- Minimum 3 to 5 CAS exams or equivalent.
- 3+ years of actuarial experience within the property and casualty insurance industry or financial services sector.
- Familiarity with regulatory requirements and governance frameworks.
- Strong analytical and problem-solving abilities, capable of evaluating technical details while grasping wider business impacts.
- Excellent communication and relationship-building skills, with the ability to work effectively across departments and engage stakeholders at various levels.
What you’ll get:
- The salary band for this position ranges from $105,000 to $134,000.
- Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
- Hybrid flexible work model.
- Outstanding career development opportunities.
- We’ll support your professional development education.
- Competitive vacation package with the option to purchase 5 extra days off per year.
- Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
- Corporate wellness programs to support our employees’ physical and mental health.
- Employee discount on home and auto insurance (where applicable).