Head of Treasury, Aviva
£130k
Bonus opportunity - 25% of annual salary Actual amount depends on your performance and Aviva’s; + Shares
Insurance, wealth and retirement business
Job no longer available
Insurance, wealth and retirement business
1001+ employees
Job no longer available
£130k
Bonus opportunity - 25% of annual salary Actual amount depends on your performance and Aviva’s; + Shares
1001+ employees
Company mission
With you today, for a better tomorrow. Aviva exist to be with people when it really matters, throughout their lives.
Role
Who you are
- A positive and hard-working individual with high energy and broad experience in corporate treasury, and in particular debt capital management
- Relevant professional qualification (Treasury/Accounting/Actuarial are all appropriate)
- Familiarity with Solvency UK regulatory requirements and capital management including PRA requirements would be an advantage
- Experience leading on projects and dealing with C-suite officers as well as having the ability to influence, negotiate and have strong senior partner leadership skills
What the job involves
- We have an excellent opportunity for an individual with broad corporate treasury experience to join Aviva’s Group Treasury team and support the Group Treasurer as the lead across all key Group Treasury activity
- The Head of Treasury will lead the team in the successful delivery of Aviva’s debt and equity capital market activity, the management and maintenance of positive relationships with banks, rating agencies and debt investors and the management and oversight of the Group’s centre liquidity position
- This person will lead key initiatives and projects such as debt capital issuance & redemption, equity capital management (external dividends and share buybacks) and internal financing
- Within the role you will work closely and build relationships with peers in the Aviva Group Capital team, and across other teams including Finance, Legal, Corporate Development (M&A and Investor Relations) and Risk
- In addition, you’ll be interacting with Aviva Investors and local business unit teams on a regular basis
- The role requires regular presenting at various internal Boards and Committees and the preparation of appropriate papers and briefings to senior level management
- This is an external facing role so you will be interacting and regularly meeting with a variety of external stakeholders including banks, legal firms, and rating agencies
- You will also be involved in the preparation of information for the PRA
Salary benchmarks
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company values
- Care
- Commitment
- Community
- Confidence
Company HQ
City of London, London, UK
Articles
Leadership
Amanda Blanc
(CEO, not founder)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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