Internal Credit Rating Manager Salary £60,000 - £75,000 Aviva is building out its internal credit rating team within the IWR Finance Function.
This role will work closely with a range of colleagues from the Annuity Asset Origination, Chief Investment Officer and Aviva Investor teams depending on the particular asset class.
A bit about the job: The internal credit rating team reports into the IWR Actuarial Reserving Lead who supports the UK Life Chief Actuary, who has regulatory responsibility for the appropriateness of the internal credit ratings used.
Assessment and development of new and existing internal credit methodologies, to ensure they remain compliant with the UKL Credit Rating Policy and all relevant regulatory requirements.
Undertaking regular reviews of existing methodologies, including appropriate assurance testing, to evidence ongoing compliance.
Presenting output of reviews to expert judgement panels and key forums/committees who are formed to support the discharge of the Chief Actuary's responsibilities regarding approval of internal credit ratings.
Undertake annual review of Aviva's internal and external asset managers.
Undertake deep dive reviews as proposed by the Life Actuarial Reserving Lead or the Rating Methodology Senior Managers to provide assurance that operational controls and governance.
arrangements are working effectively, recommending actions to address and/or mitigate gaps.
Deputise for either of the Rating Methodology Oversight Senior Managers as required.
Skills and experience we're looking for: Good understanding of credit ratings across several types of assets.
Experience working at a rating agency or in a related credit environment (banking or asset manager preferred).
Strong analytical skills.
A solid technical background, sufficient to grasp the main features of more complex rating methods (i.e., those typically based on internal bespoke models) and challenge more expert colleagues on whether the complexity is justified, learning more about bespoke UK Life models as the role develops.
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.
Starting Salary £60,00 - £75,000 (depending on location, skills, experience, and qualifications) Bonus opportunity - 10% 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.
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.
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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 around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.
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If you require an alternative method of applying, please give Sahra Abdulla a call on 07775 042 835 or send an email to ****** .