Jon Downes
Finance and Investment, Risk Business Partner at Aviva Life & Pensions UK Limited- Claim this Profile
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Bio
Experience
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Aviva Life & Pensions UK Limited
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United Kingdom
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Insurance
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1 - 100 Employee
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Finance and Investment, Risk Business Partner
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Jan 2023 - Present
I am the Financial Risk oversight Director, in Risk Function for Aviva UK Life. I lead a fantastic team who provide oversight and challenge to key finance and investment related risks for shareholders and customers.
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Workplace Risk Business Partner
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Jul 2021 - Dec 2022
I support the Workplace savings business in Aviva UK Life, bringing the best of Risk and Compliance advice. I partner senior leadership to execute strategy, change, proposition development and customer outcomes.
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Aviva
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Insurance
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1 - 100 Employee
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Head of Internal Model Governance
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Jun 2016 - Jun 2021
I am responsible for the ongoing justification and compliance of Aviva UK Life's internal model. This includes overseeing change and developments to all areas of the internal model including scope expansion. I communicate technical and non-technical content to enable the Board and regulator to remain confident in the appropriateness of the internal model.
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Senior Enterprise Risk Manager / Actuary
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Jun 2011 - May 2016
Providing 2nd line oversight and challenge within the UK Life business. I undertake a very broad role considering all risks associated with Aviva's UK Life business including; insurance risk, financial risk, operational risk, customer fair value and TCF, governance structures and behavioural economics in decision making, product pricing and development, asset valuation, and economic capital modelling and calibration.The key areas of focus and deliverables are:Lead technical challenge on longevity risk, medical underwriting and ratingLead technical challenge on proxy model validationLead technical challenge on catastrophe modelling of concentration risk for Group Life portfoliosDesigned and implemented expert judgment framework for UK Life businessLead risk partner to Retirement solutions business covering annuities, BPA, platform and equity release business. Show less
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Structuring and Risk modelling lead - Equity Release assets
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Jul 2014 - Feb 2015
Secondment to develop / evolve market leading structures and risk modelling / valuation of Equity Release asset class.Co-ordination of project team to meet range of objectives including risk pricing, fair value asset valuation, robust model governance, SII admisibility, and regulatory compliance.
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PricewaterhouseCoopers
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1 - 100 Employee
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Senior Manager & Actuary
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Jun 2005 - May 2011
Lead advisor to a number of companies in respect of their pension and employee benefit arrangements, focusing on defined benefit risk management Lead advisor to a number of companies in respect of their pension and employee benefit arrangements, focusing on defined benefit risk management
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Mercer Human Resource Consulting
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United Kingdom
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Business Consulting and Services
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Actuarial Trainee
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Sep 2001 - May 2005
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Education
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University of Southampton
BSc, Mathematics with Actuarial Studies