BPA Deal Analyst - Salary £42,400 - £60,000 depending on experience
We have an exciting opportunity to join our Bulk Purchase Annuity (BPA) Deal Team in York.
We are looking for new talent to help implement de-risking solutions for trustees of defined benefit pension schemes. As a key part of a multi-disciplined team of professionals, you will be working on a portfolio of high-value transactions, have a real opportunity to make a difference for our clients and help deliver compelling, commercial results for Aviva.
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:
The successful individual would be responsible for supporting Deal and Pricing Managers in the preparation and implementation of de-risking solutions for DB pension schemes, working across a range of pension scheme sizes, with the opportunity to work on some of the largest and most sophisticated transactions in the market.
The position holder would be expected to ensure cashflow projections are accurately modelled and deals are commercially priced. They would apply technical and commercial judgement in establishing the scheme benefits and pricing data (and related information) as well as providing supporting analysis/commentary.
This role also includes maintaining and helping to develop ongoing relationships with clients, supporting the preparation of internal governance documentation and working with different parts of the business to successfully deliver competitive BPA quotations and complete a smooth handover to onboard new business. This would include collaborative working across Pricing, Structuring and Reinsurance, Reporting and BPA Implementation teams.
Skills and experience we're looking for:
* Detailed knowledge of UK defined benefit (DB) pensions and related legislation is essential
* Actuarial students making excellent progress through their exams/a newly qualified actuary OR equivalent actuarial/administration/technical experience
* Specific experience of actuarial cash flow modelling and/or experience of sense checking and bulk annuity modelling would be an advantage
* Ability to pick up new concepts quickly, apply judgement and identify opportunities for process improvements
* Excellent communication skills, partnered with the ability to present technical information clearly and help build relationships with internal/external customers
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.
* Starting salary between £42,400 and £60,000 (depending on location, skills, experience, and qualifications)
* Bonus opportunity - 10% 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 Alannah Burgess a call on 07391381173 or send an email to alannah.burgess1@aviva.com.