Chief Accounting Lead

London (Greater)
12 Nov 2017
16 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 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.

The Team

This role is part of the Group’s dedicated reinsurance market finance team, responsible for all financial reporting relating to Aviva International Insurance Limited (AII) and Aviva Re Limited (Aviva Re).

AII is a substantial captive insurer, with over £50bn of assets, writing both Life and GI business. You will play a pivotal role in the success of Aviva, supporting the business to achieve targeted financial returns and maintaining the confidence of our shareholders and regulators.

Aviva Re is Aviva’s offshore captive reinsurance vehicle - also a composite reinsurer, it provides further targeted capital management opportunities, as well as running off historic liabilities.

Our strategy is to drive commercial value, deliver excellence in capital and solvency management, drive operational excellence and operate as one outstanding team.

Key responsibilities

Your key responsibility will be to lead the final delivery of financial information to support decision making and legal entity statutory/regulatory reporting requirements for AII and Aviva Re. Your role will include acting as the CFO of Aviva Re.

You’ll be leading a small team within AII Finance, liaising with specialist teams within Aviva Finance Operations (AFO) and an offshore service provider for Aviva Re.

As the AII Chief Accountant and Aviva Re CFO, you will be:

Leading the market team review of:All IFRS and Pillar 3 outputs from AFO in support of the CFO review and sign-off of finance deliverables for both Group and legal entity reporting including:Annual report and accountsLegal entity statutory accountsGroup and Solo Solvency 2 disclosures; andSupporting Board papersLiquidity monitoring and cost managementOverseeing and implementing the production of:All inputs into the Group annual Plan and regular forecasting processes, working with the Aviva Finance Operations (AFO) production teams and relevant capital and other teams as appropriateLegal entity plans and associated papers for approval by the relevant Boards, liaising with the AFO production teams and relevant capital and other teams as appropriateAd hoc financial MI and paper requests to support senior management, Audit Committee and Board decision making, scenario analysis, and planning, liaising closely with AFO and others as appropriateManaging the end-to-end process around the AII Deficiency Assessment Forum, liaising with relevant control teams and reviewing the overall financial controls position of AIISigning-off of Aviva Re annual Bermudan regulatory returnsLead the relationship with the external auditorsAdditionally, you will oversee the appropriateness of Service Level Agreements with outsource providers to ensure the monitoring of timeliness and accuracy of deliverables. You will also ensure the ongoing effectiveness of a robust control environment and that all internal controls are documented, tested and remediated.


We’re looking for a qualified accountant with considerable demonstrable post-qualified experience, ideally gained within a large insurance company environment.

You will have:

A strong mix of relationship management and technical accounting skills (across both IFRS and Solvency II).A good understanding of both life and non-life insurance products and markets and proven team leadership skills.A proven record of delivering to time and quality, and experience of effective stakeholder management across a range of disciplines and seniority levels.A strong understanding of financial control frameworks and a strong control ethicAn understanding of other non-IFRS GAAP (including French GAAP) is desirable. Ideally, you will also have experience of Bermudan regulatory reporting.

You will be able to understand and interpret large amounts of data and narrative, and summarise it into succinct, meaningful and insightful commentary.

This is hugely varied role. While you will need to be comfortable with dealing with a broad spectrum of responsibilities, it will provide you with a diverse range of development opportunities and a strong position to progress their career within Aviva.

Outstanding salary packageAnnual performance related pay review and bonusDefined contribution pension schemeGenerous holiday allowanceExcellent flexi-benefits packageBring 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.

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, or flexible work schedules to accommodate parent and carer responsibilities, further studies and hobbies.

We prefer all applications to be submitted online, however if you require an alternative method of applying please contact Dawn Rudrum in the Resourcing team on 01603 680851.

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