Head of Group Climate Modelling

Salary National Circa £110,000 London Circa £130,000

Are you someone who has very strong technical skills and understanding of climate-related risks and opportunities for financial institutions in particular across the investment and insurance businesses, group metrics, target setting and policy/regulatory developments?

Are you a Qualified senior actuary and/or have a solid understanding and practical delivery of climate scenario analysis and modelling and how it can effectively be applied across a business like Aviva?

A bit about the job:

Head of Group Climate Modelling role sits within Group Sustainability’s Environmental Centre of Excellence; and is critical to helping Aviva deliver its Sustainability Ambition, the management of Aviva’s exposure to climate-related risk and meeting the expectations of Aviva’s regulators. Climate Risk is a strategic issue, affecting financial performance, risk exposures & management, regulatory compliance and corporate reputation. This role will be accountable for providing group-wide strategic leadership on climate risks and will be a critical stakeholder for Aviva’s PRA and regulatory engagement on climate risk; working closely with key teams across Aviva (including Group NFR, Group Capital Management and Group Risk as well as with the business units) to shape the Group approach of embedding climate-related risk management into business and investment decisions. This role provides leadership and drives cross-functional impact to deliver climate scenarios and uses them to influence strategic business decisions right across the Group.

Skills and experience we’re looking for:

Strong technical skills and understanding of climate-related risks and opportunities for Financial Institutions in particular across the investment and insurance businesses (asset and liability)
Qualified senior actuary and/or with understanding and practical delivery of climate scenario analysis and modelling
A strong understanding of regulatory requirements of TCFD and SS3/19 and familiarity with reporting approach for TCFD and transition planning as well as the governance supporting it
Experience in leading and delivering a CBES type exercise for an Insurer or banking institution would be preferred
Additionally, you need to be an effective influencer to persuade market level MDs, CFOs, CROs and CEOs to start using climate scenarios in relevant strategic business decisions

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.

Starting salary between Circa £110,000 and Circa £130,000 (depending on location, skills, experience, and qualifications)
Bonus opportunity – 25% 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

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 around 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 interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Klaudia Kmita-Adegboro a call on 07553728537 or send an email to Klaudia.kmita-adegboro@aviva.com

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Head of Group Climate Modelling