Deal Risk Lead

Closing date
6 Jul 2021

Job Details

We have a very exciting vacancy to join our Risk team as the Deal Risk Lead.

The Aviva UK General Insurance (UKGI) has recently had a new Chief Control Officer appointed. They have under taken a full review of the team's activities and capabilities , as well as developing a service catalogue of services that the first line risk team will deliver to the business. To enable the team to successfully deliver against current expectations and to support the growth ambitions of UKGI. There is a need to shift the skills of the team to a more senior risk capability.

This requires change to the current organisational design to augment the team with more senior 1st line risk expertise. We wish to appoint a number of roles to build out the teams skills. These roles are designed to augment the leadership and the current key skills and capabilities gaps in the team. The focus of the hires is to strengthen the level of first line risk support to both our Personal Lines and Commercial Lines business (including deal support to support the business growth agenda) providing experienced first line risk expertise, enhance the capabilities of the core shared services team and strengthen the Quality and Assurance/control testing capabilities of the first line risk team.

Duties & responsibilities:

The successful candidate will undertake a role covering the UK GI business including Personal Lines (PL), Commercial Lines (including Global Corporate Speciality (GCS) and SME businesses) and provide leadership to the UKGI Teams. This is a multifaceted role covering all Deal risk across UKGI.

Recommending and advising from a non-financial risk perceptive on:
  • UKGI Deals - new and renewals. (i.e. Broker and affiliates)
  • Delegated Underwriting Schemes, MGA's, Quotashare, Reinsurance
  • M&A
  • Contractual issues / alternatives / conflicts
  • Provide first line risk advice on:
  • Deal-specific risks ensuring they meet customer requirements and are within risk appetite
  • Bidding processes
  • Deal transactions across UK GI, including acquisitions through enacting a robust process that assures strategic fit, and identifies non-financial risks

Additional responsibilities:
  • Ensuring effective risk management processes and controls are in place at all times, in particular the implementation of the Aviva Group Strategy and Planning, on deal and M&A Standards
  • Advising on UKGI's management of exposure to deal risk, including measures for risk identification and risk impact
  • Supporting the roll out, application and ongoing monitoring of minimum standards on deal risk across the business

Skills & experiences required:

We are looking for risk professionals here at Aviva with a proven track record of leadership within Financial Services. You will need to bring energy and confidence to this role, never afraid to have difficult conversations in regards to Deal Risk with the appetite to drive higher and higher standards across the business at an important time of growth.
  • A detailed knowledge of the regulatory regime in respect of deal risk
  • Track record in the management of deal risk and compliance
  • Knowledge of best practice and emerging developments in similar organisations
  • Understand the needs of customers to ensure they are treated fairly
  • Able to give direction and effective leadership to the team
  • Experienced in influencing senior management and excellent communication skills
  • Experience within the Banking sector is desirable

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 Ciaran Markey a call on 07919 988103 or send an email to

*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.

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert