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Aviva planning to expand its workforce

Published: Wednesday, 20 April 2011   Category: Banking and Finance

New graduate opportunities in the financial services sector could become available as insurance giant Aviva looks to expand its workforce.

According to People Management, the company intends to "grow its workforce" to counteract falling global staff levels, which have declined by 9,000 in five years.

Although the firm did not cut positions in response to the recession, improved efficiency of technological solutions did lead to some downsizing.

John Ainley, HR director for the Aviva group, said: "Aviva is a consequence of many mergers, as part of this we improved the quality of our processes and simplified our systems, so we saw jobs reduce."

However, he added that the company has a "hump of activity" coming up in response to new risk and regulatory changes in the UK, something that will cause increased demand for jobs.

"The sudden growth in work is equivalent to what the IT industry saw around the year 2000 with the Millennium Bug," Mr Ainley explained.

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