Senior ALM & Hedging Manager: Derivatives & Risk Strategy

Senior Manager - Asset Liability Manager

Salary - National: Circa £100,000 London: Circa £120,000

Do you love to follow the financial markets and solve complex problems?

The technical shared service in ALM & Hedging is looking for a specialist Senior Manager to join the Asset Liability Management (ALM) team. This would suit someone with a keen interest in the financial markets, the use of derivatives to manage risks and knowledge of UK Life insurance propositions.

A bit about the job:

ALM & Hedging is a Technical Shared Service within the Group Centre leveraging the specialist skills and expertise in asset-liability management and financial risk management. The financial decisions associated with the ALM position can make a big difference to our customers.

This role will primarily support the Insurance Wealth & Retirement (IWR) business across the UK and Ireland, with a focus on the ALM for several With-Profits funds (WPFs). You’ll be responsible for reviewing the appropriateness of ALM & Hedging strategies, taking proposed changes through governance and monitoring the performance of the strategies; coordinating rebalances if the positions move out of agreed tolerances. You’ll also develop relationships with peers within Group Capital, across IWR Finance and Risk. In addition, you’ll be interacting with Aviva Investors on a regular basis.

Skills and experience we’re looking for:

• Technical and practical knowledge of financial markets and risks, with experience in the structuring and execution of derivatives across a broad range of asset classes
• Experience in asset and liability exposure management and hedging
• Knowledge of With-Profits propositions, capital management and/or setting investment strategy
• Understanding of insurance capital & accompanying technical skills

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too.And one of the ways we live up to that promise is by investing in you.We have so much to offer when it comes to being an Aviva colleague.

• Salary - National: Circa £100,000 London: Circa £120,000 (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 12%of annual salary Actual amount depends on your performance and Aviva’s.
• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
• Aviva-funded Private Medical Benefit to help you get expert support when you need it
• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
• Brilliantly supportive policies including parental and carer’s leave
• Flexible benefits to suit you, including sustainability options such as cycle to work
• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
• We take your wellbeing seriously with lots of support and tools

Take a look to learn more.Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending at least 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We'd love it if you could submit your application online. If you require an alternative method of applying, or if you have any queries in relation to the vacancy, please email alice.neal@aviva.com.

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