Investment Risk Manager

Investment Risk Manager – Salary £60,000 to c. £70,000  

This is a great job for someone who is experienced in financial risk management or investments and is looking to apply their expertise within a Group-level credit risk team. This role would suit someone with strong analytical and modelling capabilities, who is comfortable working across multiple business units and engaging with senior stakeholders. 

A bit about the job: 

We have a fantastic opportunity for an experienced manager to join the Group Credit Risk team within Group Financial and Sustainability Risk. Investment and credit risks are the largest risks Aviva faces, and managing these effectively is central to protecting customers and delivering shareholder value. 

In this role, you will act as a subject matter expert, providing oversight and support to all Business Units, including Group Centre, Asian businesses and Mixer, in relation to their investment, credit and counterparty risk management. The team plays a vital role in enabling Aviva to grow in a safe and sustainable way. 

The role will require regular travel to London. 

Some of the work you may be involved in, includes: 

•  Performing and oversighting timely investment and credit risk reporting for internal and external stakeholders  

• Developing investment and credit risk frameworks, limits, and methodologies, including models and tools  

• Analysing and managing the risks from market events, covering both idiosyncratic events (where only one counterparty is involved) or systemic risk events that affect one or more market sectors. 

• Analysing investment concentration, credit exposures, counterparty and reinsurance risks across the Group’s investment portfolio to support risk oversight and decision-making. 

• Building strong relationships across teams to support governance, controls, and senior stakeholders 

Skills and experience we’re looking for: 

• Chartered Actuary, chartered financial advisor with/or very strong experience in financial risk management or investments, with knowledge of investment markets, asset classes, and risk/return drivers 

• Proven analytical, interpretative, and modelling skills, with sound judgement and attention to detail (coding/modelling experience preferred)  

• Experience supporting risk reporting, exposure assessments, and financial or regulatory reporting (e.g. Solvency II desirable)  

• Ability to manage multiple priorities and build effective relationships across a wide range of stakeholders in a dynamic environment  

• Excellent communication and interpersonal skills, with the ability to work collaboratively across disciplines (risk, actuarial, accounting, asset management) 

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 £60,000 and c. £70,000 (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 - e.g. if you put in 8%, Aviva adds 14% 

• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days 

• Aviva-funded Private Medical Benefit to help you get expert support when you need it 

• 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 at least 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'd love it if you could submit your application online. If you require an alternative method of applying, or if you have any queries in relation to the vacancy, please email seema.rana@aviva.com