UK jobs. Bigger possibilities.

AI Model Risk & Governance Lead

Remote, Flexible·Full-time·Added 16 days ago (last checked 12 Oct)

Aviva

123 open roles

Overview

Job details

  • £90,000 a year

    Gross, as stated in the ad.

    About £5,230 a month after tax.

  • Full-time

    Per the ad.

Requirements

  • Work remotely, within limits

    UK Flexible (Excluding London)

  • Have senior-level experience

    Lead-level role.

Benefits

  • 29 days holiday + bank holidays

    Paid annual leave, per the ad.

  • Cycle to work scheme

    Commuter benefits named in the ad.

Skills

Requirements

What we're looking for

  • Significant experience in model validation, model risk management, model review or quantitative risk-based roles.
  • Strong understanding of advanced analytics, machine learning and AI models, with experience providing independent oversight and challenge.
  • Excellent analytical and problem-solving skills, with the ability to assess complex quantitative techniques and communicate findings effectively.
  • Proven ability to build relationships and influence stakeholders across analytics, risk, technology and business functions.

Nice to have

  • Qualified actuary or equivalent quantitative professional experience would be highly desirable. Knowledge of Solvency UK requirements and capital modelling would be advantageous.

Pay & benefits

What you'll get

Salary circa £90,000 to circa £120,000

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 c. £90,000 and c. £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 - e.g. if you put in 8%, Aviva adds 14%
  • 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

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 seema.rana@aviva.com

The role

Artificial Intelligence and advanced analytics are transforming the way organisations make decisions, drive innovation and deliver for customers. As these models become increasingly important, robust governance and effective oversight are essential.

At Aviva, we're embracing the opportunities AI can unlock while maintaining the highest standards of model risk management. This is an exciting opportunity to join the business at the forefront of AI governance, helping to independently challenge and validate models that influence key business decisions across one of the UK's leading insurers.

What you'll do

You'll join Aviva's Group Model Validation Centre of Excellence, providing independent oversight and assurance across a range of business-critical models.

Working across advanced analytics, machine learning and AI applications, you'll review and challenge models supporting pricing, reserving, customer insight and operational decision-making. Partnering with model owners, risk specialists and senior stakeholders, you'll assess model performance, governance and regulatory compliance, helping ensure models are robust, reliable and fit for purpose.

You'll also contribute to the development of validation methodologies and best practice, helping shape Aviva's approach to governing emerging technologies.

How you'll work

UK Flexible (Excluding London) - and we're happy to consider flexible and hybrid working.

Hiring process

4 steps2 interviewsa task to do
  1. We'll contact you

    With a recruiter

    Once you've applied, or Aviva has found you on LinkedIn, a recruiter gets in touch to discuss your application and the specific opportunity in more detail.

  2. We'll send a test

    If you're successful at the first stage, you're invited to the next stage of the process, which could be an online test or interview. If you're unsuccessful, you're told.

  3. You'll come to interview

    Aviva agrees an interview date and time. The interview may be a one-to-one meeting or a group assessment; there may be more than one stage to this part of the process.

  4. We'll make an offer

  5. You'll complete screening checks · 1–2 days

  6. You can stay in touch

    With Candidate Care team

    Once PES checks pass, candidates receive a 'confirmation of start date' email and can ask the Candidate Care team questions before their first day.

  • Aviva interviews every disabled applicant who has the essential skills and experience for the job; tell the recruitment team about a disclosed disability after applying.
  • There may be more than one stage to the interview part of the process; candidates are told in advance.

About Aviva

Industry
Insurance and financial services
Website
aviva.com

In their own words

About the company & team

  • provides independent challenge on some of Aviva's most critical analytical models
  • sits at the forefront of AI and advanced analytics governance
  • works closely with senior leaders and technical experts across the business
  • encourages continuous learning and professional development
  • influences best practice and strategic decision-making across the organisation

At Aviva, we're investing in our people, technology and analytical capabilities, creating an environment where you can develop your expertise, broaden your influence and make a genuine impact.

Additional information

This is an opportunity to help shape the future of responsible AI and advanced analytics within a business committed to innovation, customer outcomes and sustainable growth.

All open roles at Aviva
Up to £45k a yearHybrid in ManchesterCycle to work
£110k a yearHybrid in ManchesterCycle to work
£100k a yearHybrid in BristolCycle to work
£65k a yearHybrid in BristolCycle to work
£85k – £100k a yearHybrid in LondonCycle to work
£70k – £90k a yearHybrid in LondonCycle to work
£85k a yearHybrid in BristolCycle to work

Loss Adjuster

AvivaNew5 locations
Hybrid in LondonCycle to work

Motor Claims Handler

AvivaNew2 openings
Hybrid in Norwich

Actuarial Analyst

Aviva3d ago2 locations
Up to £50k a yearHybrid in NorwichCycle to work
See all 123 jobs