We are recruiting for a Senior Investment Manager to join our Staff Pensions Investment Team within Aviva.

Aviva’s pension arrangements are amongst the most complex in the UK by scale, nature of investment portfolio, and governance.  There are currently four pension schemes within the Group which are run by three Trustee Boards. In aggregate the schemes have assets of over £20 billion, including DB and DC schemes and 40+ investment mandates.

The role focuses on the oversight of the Scheme’s investments from a performance and risk perspective, supported by the production of timely and accurate Management Information.

The role holder is expected to drive a process of continuous improvement, managing costs, speed, and quality of output.

Duties & Responsibilities:

• Support the oversight of a wide range of investment mandates across DB and DC, identifying and then implementing ideas to improve the risk adjusted return of the portfolios.

• Responsible for the content and delivery of Management Information.

• Responsible for the effective implementation of investment elements of the Boards’ risk management frameworks.

• Arranges the implementation of Board investment decisions.

• Produces and presents papers for Board and Executive meetings.

• Work effectively with other members of the Staff Pensions Investment Team.  

Skills & Experience required:

• Familiar with UK Pensions, especially from an investment perspective, including responsible investment and climate risk.

• Working with or within large size, multi asset investment portfolios and typical reporting frameworks and governance structures.

• Familiarity with liability hedging techniques, including process for setting and maintaining liability benchmarks.

• Familiarity with investment mandate terms across a wide range of asset classes including standard and non-standard (e.g. LDI, hedging, buy-in policies, and illiquid/private strategies).

• Well-developed analytical capability particularly in terms of monitoring investment performance and risk.

• Capable of understanding and presenting complex and technical material in an accessible form.

• Strong organisational and stakeholder management skills – e.g., project planning and management to ensure deadlines are met, working with asset managers, consultants and others as required.

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 ownership, 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 Alice Neal a call on 0121 200 5926 or send an email to alice.neal@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.