A key aspect of managing our capital position is the design and delivery of capital projects to further optimise capital or address emerging and longer-term issues.

The UK and Group Capital Projects team is a Technical Shared Service team in the Group’s Chief Capital Office and provides proactive identification, review, analysis and execution of large and complex capital projects for UK Life, UK General Insurance, Aviva Insurance International (“AII”, the Group’s internal reinsurance entity) and Aviva Group.

Aviva’s aim is to ensure efficiency by bringing capital project teams together, supporting overall capital allocation and building a ‘best in class’ capital department.

This role aligns to the Group strategy by supporting predictable cashflow growth, reducing complexity (e.g. by re-using best ideas), focusing resource and energy as well as applying consistent approaches to capital management across Aviva.   

Duties & responsibilities:

To provide high quality and pro-active capital project support to senior internal stakeholders (up to and including Board level) in a range of areas which may include:

• Support the Head of Capital Projects or Capital Projects Director and/or Group or Business unit teams on UK or Group led capital projects, with the focus likely to be primarily on Group-specific projects, at least initially, including projects to manage the Group’s staff pension schemes and supporting on M&A initiatives

• Lead the development, investigation, analysis, due diligence, and implementation of specific capital projects or workstreams (for all business units supported by the projects team)

• Ongoing liaison and coordination with Group and AII capital management teams

• Building productive relationships with internal stakeholders and with external counterparties, focused on idea generation

• Lead or support provision of high-quality information on capital management actions across Aviva which are presented at Aviva Board level

• Analysing and assessing capital projects/SST information from a business perspective & communicating effectively to senior internal & external stakeholders

• Prepare or obtain stakeholder input on Steering Group, ALCO etc. papers, communicating status, making business case, seeking approval for proposals

• Provide high quality, flexible support to meet the objectives of the Group-wide Aviva Capital function

• Lead or contribute to commercial negotiations

Skills & experience required

• A qualified actuary or accountant with an understanding of insurance businesses

• Deep understanding of capital and financial metrics and financial management

• Good understanding of commercial, tactical, regulatory, governance and practical considerations affecting capital transactions

• Ability to lead and manage delivery of multiple capital projects or work-streams, actively managing project risks

• Demonstrates influencing and relationship skills and ability to build network across business units & functions

• High performer, with ambition and ability to learn quickly

• Good communication (written, oral and presentational) & inter-personal skills

• High qualitative skills: Brings sound judgement to facts/data, with strong analytic, interpretative skills

• Strong understanding of strategic/industry/business issues

What will you get for this role?

• A salary between £80,000-£100,000 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’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 Daniela Krol a call on 0121 234 7660 or send an email to daniela.krol@aviva.com 

*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.