AI Model Risk & Governance Lead – Salary c. £90,000 to c. £120,000
Locations – UK Flexible (Excluding London)
Are you someone who enjoys challenging complex models and helping organisations use data, analytics and AI responsibly?
This is a great opportunity for an experienced quantitative professional with a strong background in model validation, model risk management or independent model review. You'll bring expertise in advanced analytics, machine learning or AI models and enjoy working with a wide range of stakeholders to provide insightful challenge and oversight. Qualified actuaries or professionals with equivalent quantitative and risk management experience would be particularly well suited to this role.
A bit about the job:
You’ll join Aviva's Group model validation centre of excellence team, helping to provide independent oversight and assurance across a broad range of business-critical models. The role focuses on the validation and review of advanced analytics and AI models, including pricing, reserving, customer segmentation and productivity-enhancing solutions.
Working alongside model owners, risk specialists and senior stakeholders across the business, you’ll assess model performance, governance and regulatory compliance, delivering independent challenge and supporting effective model risk management. You’ll also contribute to the ongoing development of validation tools, methodologies and challenger models, helping strengthen Aviva's approach to overseeing emerging analytics and AI capabilities.
Skills and experience we’re looking for:
- Significant experience in model validation, model risk management, model review or quantitative risk roles.
- Strong knowledge of advanced analytics, machine learning and AI models, including experience providing independent challenge and oversight.
- Ability to analyse complex quantitative methods and communicate findings clearly to both technical and non-technical stakeholders.
- Experience building effective relationships across multidisciplinary teams, including risk, analytics, technology and business functions.
- Qualified actuary or equivalent quantitative professional experience would be highly desirable. Knowledge of Solvency UK requirements and capital modelling would be beneficial.
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 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
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AI Model Risk & Governance Lead employer: Aviva plc
Aviva Investors is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong commitment to employee growth, competitive salaries, and generous benefits including a robust pension scheme and flexible working options, we empower our team to thrive both professionally and personally. Join us to be part of a diverse team dedicated to driving positive change in the investment landscape while enjoying a supportive culture that values inclusivity and community engagement.