Actuarial Trainee


Aviva
Company 
Location 

Bristol

Employment Hours 

Full Time

Employment Type 

Permanent

Salary 

£35,000 per annum

Job Highlights
  • 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.
  • We provide flexible benefits to suit you, including sustainability options such as cycle to work.
Job Requirements/Description

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
Company 
Location 

Bristol

Employment Hours 

Full Time

Employment Type 

Permanent

Salary 

£35,000 per annum

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