Head of Actuarial Reporting

30 Sep 2017
03 Nov 2017
Contract Type
Full Time
Aviva provides around 31 million customers worldwide with insurance, savings and investment products. We are the UK’s largest insurer and one of Europe’s leading providers of life and general insurance. We combine strong life insurance, general insurance and asset management businesses under one powerful brand. We are committed to serving our customers well in order to build a stronger, sustainable business, which makes a positive contribution to society, and for which our people are proud to work.

Aviva’s a new global operating model for Finance, based on shared services supporting the markets and a leaner corporate centre consists of four pillars.

The four pillars of this global operating model are:

Aviva Finance Markets (AFM): a commercial team who will be a co-pilot to the market CEOs and business leadership teams.Aviva Finance Operations (AFO): a highly effective and agile team managing resources and providing excellent services to the rest of our function.Aviva Finance Technical (AFT): a team of Finance experts who will leverage our global technical expertise in areas like investments, tax, hedging, re-insurance and actuarial advisory to provide “solutions” which are consistent across Finance.Aviva Finance Corporate (AFC): an insight-oriented team who will own headquarter functions such as Investor Relations, Capital Allocation, Treasury, Financial Planning & Analysis, and Mergers & Acquisitions.The Team

This role is part of the Aviva Finance Operations (AFO) team: a highly effective and agile team managing resources and providing service excellence to the rest of Aviva’s Finance function. This team, under the leadership of our global process owners, will be responsible for our core global Finance operational and reporting production processes.

The AFO Financial Reporting team generates the IFRS financial statements and notes, Solvency II QRTs and narrative reports. In addition, it runs the Group consolidation process and produces analysis reports.

The Person

Responsibility for the delivery of relevant statutory accounts, management accounts (as required), Group IFRS and regulatory submissions in connection with AGC entities. Including organisation & management of offshore resource, and management of all internal & external stakeholders.

Duties & Responsibilities

Manage the Group actuarial reporting team who provide review and challenge of business unit financial results & disclosures (IFRS & SII) to ensure understanding of the Group result and to ensure consistency of approach across the Group where necessary.Ensure all actuarial elements of the Group’s external publications (including regulatory submissions) are produced on time, are robust, are understood and are clearly & concisely explained internally and externally.To provide leadership to the team members who are themselves the point of first contact between business unit finance teams and the AFO actuarial reporting team, supporting the business unit on submission of deliverables to AFO, covering both process and content as necessary.Manage deliverables relating to Group actuarial reporting to Chief Accounting Officer team, via the Group Actuarial Reporting Director, and ensure any issues arising are resolved.Skills & Experience required


Degree level or equivalentQualified Actuary (Life or GI actuary dependent upon role) PQE, with strong actuarial reporting capabilities and strong knowledge in both IFRS and Solvency II, with good working knowledge across all bases.IAS19 knowledge an advantage.Skills/Knowledge:

Ability to identify and mitigate issues or risks and know when to escalate.Ability to identify problems and resolve these or escalate as appropriate.Strong financial or regulatory reporting experience.Strong financial/regulatory reporting and accounting skills.Experience:

Strong team management and development skillsStrong knowledge of insurance productsStrong reporting systems and Excel skillsStrong project / process management skills (design, implement and improve)Strong attention to detail / controls focusStakeholder management and cultural awareness skillsAnalytical and problem solving skills covering technical, process and interpersonal issuesStrong communication (verbal & written) skillsStrong team working skills and interpersonal skillsHighly proactive and willing & able to operate successfully in a fluid resource environmentAdditional Information

Bring to Aviva what makes you different and we’ll support you to do the best work of your life. We encourage applications from everyone who wants to help us achieve our purpose of helping our customers to Defy Uncertainty.

Becoming a more inclusive and diverse organisation is a business imperative. 87% of our people feel that people from diverse backgrounds can succeed at Aviva. We are accelerating our strategy through innovative practices and expert partners.

One of Aviva’s core values is Care More, and this is brought to life through the flexible ways we like to work. This may include working from home some of the time, of flexible work schedules to accommodate parent and career responsibilities, further studies and hobbies.

We prefer all applications to be submitted online, however if you require an alternative method of applying please contact Alistair Buchanan in the Resourcing team.

This job was originally posted as www.totaljobs.com/job/75963621