Head of Capital & Investment Management

18 Sep 2020
18 Oct 2020
Contract Type
Full Time
The Aviva Insurance Ltd (AIL) Capital and Investments Management team plays a hugely important role for the UK General Insurance business; providing both management and the Board with financial information and insights to underpin key business decisions.

This role supports the AIL Chief Capital and Reserving Director in the discharge of his responsibilities by leading the Capital and Investments Management team and delivering the activities that the team is responsible for. There is also a dotted reporting line into the UK Chief Investment Officer in respect of the investment’s element of the role.

Some of the key aspects of the role involve:
  • Actively managing the capital position of AIL and proactively seeking opportunities to optimise capital
  • Leading reinsurance strategy for AIL and actively managing stakeholder engagement across all interested parties
  • Driving exploration of alternative, more efficient, reinsurance solutions, working in conjunction with Group Reinsurance
  • Leading the management of AIL’s investment portfolio, working closely with Aviva Investors, and drawing on the guidance and expertise of the UK Chief Investment Officer and his wider team
  • Ensuring AIL is asset liability matched
  • Delivering insightful MI to Exco/Board on a regular basis covering capital and investments
  • Working closely with the Capital Projects and ALM/Hedging Technical Shared Services teams

Skills & experience you’ll need:
  • Good understanding of the general insurance market and knowledge of capital management and investments
  • Proven experience of leading a team with the ability and willingness to challenge the status quo and proactively seek process improvement and greater insight
  • Outstanding relationship building skills and experience of working with executive level stakeholders
  • Detailed understanding of accounting and economic capital metrics
  • Established track record in identifying and delivering solutions to emerging issues, risks and opportunities
  • Highly numerate/analytical insurance professional, Accounting/Actuarial qualifications desirable

What will you get for this role?
  • Competitive salary depending on skills, experience and qualifications
  • Generous defined contribution pension scheme
  • Annual performance related bonus and pay review
  • Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days
  • Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family. (Some exclusions apply)
  • Excellent range of flexible benefits to include a matching share save scheme

Working at Aviva

At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.

We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take responsibility, and who make good decisions.

The way we do this is important too. We always ‘Care More’. It’s our thing! We’re all about our people â€" that’s you â€" so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.

We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you!

We interview every disabled applicant* that meets the minimum criteria for the job. Just send us an email once you’ve applied stating that you have a disclosed disability, and we’ll make sure we interview you.

*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.