We have an exciting opportunity for a Customer Investment Manager to join our investment function within Aviva Life.

The role holder will be helping to review the investment strategy for our With Profits assets and support the wider Customer Investment Team.

The Customer Investment team is responsible for the management and oversight of our Customer assets (i.e. Unit Linked and With Profits funds). The role of the team is twofold: ensure that our Customers funds’ investment strategy remains appropriate over time with the funds objectives and that they perform in the way our customers expect them to be.

The team provides strategic asset allocation recommendation, assesses the previous strategies compared to the objectives of the funds, reviews and assesses new investment opportunities and implements any recommendation with our internal or external asset managers. The team also reviews and challenges regularly the performance of our asset managers. In providing a strong oversight, we also organise deep dive reviews with appointed asset managers.

The team needs to build a strong relationship with our internal and external counterparts in order to provide an efficient oversight framework to protect our Customers’ investments. This role will primarily support the review of the investment strategy of the With Profits Funds.

Responsibilities will include

• Supporting the Head of Customer Investments on investment strategy recommendations, monitoring investment performance, providing oversight, governance and risk management of the With Profits Funds

• To support designing and implementing investment strategies for WP funds taking into account risk, customer and regulatory constraints

• Recommending changes in investment strategy to better meet the objectives of the Fund in terms of asset allocation (including additional asset classes where appropriate), benchmark, risk budget, process, style, ESG considerations and manager selection having regard to customer expectations and performance objectives

• Providing oversight on the governance of all our managers (internal and external)

• Ensuring there is a suitable review process for all relevant investment performance indicators

• Monitoring the investment performance of designated funds using their investment skills and where appropriate their actuarial skills

• Developing a detailed knowledge and understanding of specialised investment areas and monitoring / recommending improvements for e.g., securities finance, liquidity funds, Investment Management Agreements

• Building productive relationships with Aviva Investors, other fund managers and key stakeholders in UK Life, improving efficiency of services, and transparent identification, escalation and resolution of issues

• Developing and producing management information to support Executive committee, Investment Committee and the Life Boards

• To support the continuous improvement in the effectiveness and efficiency of investment governance and oversight activity, and to contribute to the wider oversight function, having regard to the Aviva Group relevant Business Standards and other regulatory requirements for insurance companies and investment managers

Skills & Experience required

• Deep understanding of investment issues and performance drivers relevant to a Life insurance company gained either from an insurance company, investment consultant or fund manager

• Highly numerate and analytical with a developed capability to interpret data, challenge proposals and ability to find solutions to complex problems

• Strong communicator who is able to build productive relationships and influence for positive outcomes in challenging situations

• In depth knowledge of the company products, organisation and structures.

• Broad asset exposure in both liquid and illiquid markets

• A detailed knowledge of statutory, legal and regulatory frameworks and corporate governance

• Understand the needs of our end customers and shareholder

• Investment management industry especially in an insurance context

• Relationship Management

• Proven ability in setting and monitoring complex investment mandates

Qualifications/FSA:

• Qualified to degree level with strong academic record

• Relevant professional qualification (e.g., CFA/IMC) with post-qualification experience

• Alternative asset or ESG qualifications would be beneficial

What will you get for this role?

• Salary between £40,000 – £75,000 depending on location, 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 & 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 Guv Johal a call on 0750 008 7919 or send an email to Guv.Johal@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.