Manager – Actuarial Risk & Controls

York, Bristol, Perth, Norwich, Eastleigh, London(UK), Sheffield
25 Jan 2021
24 Feb 2021
Contract Type
Full Time

Aviva UK are now looking for an Actuarial Risk and Controls Manager to join our Risk & Controls Centre of Excellence. This team has multifaceted and wide involvement - supporting on a spectrum of areas.

The role supports the execution of risk and control assessment activity within the UK Finance function, looking at all aspects of the control environment in Finance, but not limited to those associated with financial reporting. Specific focus will be on actuarial processes, with targeted activity on Model Risk, End User Computing testing and review of Solvency II basis risks.

This opportunity will allow for someone to be a part of the key changes in a huge organisation – interacting across Group level as part of a horizontal team. We believe the work will always be new and complex – where real input can be seen add direct value to our business.

Aviva introduced “smart-working” in 2020, and the person in this role can be based anywhere in the UK, as long as they are open to monthly travel to our offices (Norwich, York, Bristol, London).

The role’s duties & responsibilities:

  • Timely and high-quality delivery of financial reporting and operational risk control assessments across the UK based Finance function
  • Delivering Model Risk, End User Computing and SII basis reviews
  • Building and maintaining strong working relationships with key members of Finance teams to deliver risk and controls activity effectively
  • Establishing, supervising and maintaining industrial strength internal controls which meet both internal and external policies and standards across Group Finance and Finance functions
  • Delivering quality assurance activity and other specific ad hoc projects and reports around the Group Finance function as required (deep dives in actuarial areas and baselining models, etc)
  • Responsible for cultivating an appropriate culture to support and improve the risk and control environment

Skills & experiences required:

  • Actuarial qualifications are essential, including SII experience, implementation of SCR, model review/migration, production of best estimate liabilities, analysis of change, review of assumptions and SII model validation experience
  • Experience with audit of life assurance is crucial
  • Risk and Controls delivery experience, specific to actuarial processes, including SOX and internal management
  • IFRS 17 experience
  • A track record of proactive stakeholder engagement
  • Experience with regulatory requirements is advantageous

What will you get for this role?

  • A competitive salary depending on location, 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 ownership, 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 – that’s you – 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. Once you’ve applied please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daniel Hopchet a call on 07393 808 287 or send an email to

*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.


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