details on job spec
- Actuarial and management skills
- Knowledge of heritage with-profits business
- Ensuring fair payouts on with-profits business
- Ensuring customer-facing teams have appropriate technical support
- Answering customer queries
- Administer certain policies
- Calculate, implement, and review with-profits bonus rates including final bonuses, surrender transfer value factors, and estimated maturity value factors; ensure accuracy and timely updates based on market movements
- Maintain essential EUCs and supporting tools (e.g., PAF factors, late payment interest spreadsheets) used across the business
- Deliver process improvements that simplify and speed up operations, enhancing efficiency and customer outcomes
- Support projects, rectification work, and technical policy queries, ensuring high-quality responses within service level agreements and accurate manual calculations when required
- Manage team resources effectively, including oversight of a budget up to £1 million
- Leadership and people management skills with a strong understanding of customer needs
- Strong product knowledge, including with-profits experience
- Knowledge of statutory framework, including TM1 and COBS rules
- My questions: a. Is the cost of membership subscription covered? b. Is the role focused more on the Aviva book or the FL book?