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Enterprise · IB Analyst Interview Guide

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Interview language: English

How to Pass the Aviva IB Analyst Interview in 2026

The Aviva DNA (TL;DR)

Aviva's 'Care More' value is central to their interview process, assessing candidates on their ability to genuinely understand and address customer needs within complex financial products like AvivaPlus. They seek individuals who can articulate how their work directly impacts client trust and long-term relationships, often through scenario-based questions.

The Aviva Interview Loop

Your onsite loop will typically consist of 5 rounds.

  1. 1

    Round 1

    Recruiter Screen
    Motivation, fit, GPA, deal interest.
  2. 2

    Round 2

    Technical Screen
    Accounting, valuation (DCF, comps, precedent transactions), enterprise vs equity value.
  3. 3

    Round 3

    Market Knowledge
    Recent deals, market events, sector outlook, why this firm.
  4. 4

    Round 4

    Superday
    Multiple back-to-back interviews with MDs/VPs covering technical + behavioral + fit.
  5. 5

    Round 5

    Behavioral / Leadership
    Past evidence of ownership, influence, resolving conflict.

The Danger Zone: Top Reasons Candidates Fail

Based on our database of Aviva interview outcomes, avoid these common traps:

  • Failing to explain the process of identifying the error.
  • Choosing a deal unrelated to financial services or Aviva's scope.
  • Not clearly defining the project, deadline, or resource constraints.
  • Using an inappropriate discount rate (WACC) or failing to justify it.

Test Yourself: Real Aviva Questions

Three real prompts pulled from our database.

Type · Valuation

How would you value Aviva using comparable company analysis? What metrics would you use?

Type · Technical

If Aviva were to acquire a smaller competitor, what are the key financial metrics you would analyze to assess the deal's attractiveness?

Type · Accounting

How does a $10 increase in depreciation expense affect the three financial statements?

+ many more questions, signals, and worked examples

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Aviva Interview Question Bank

A sample from our database, grouped by round. Sign up to see the full set.

10 of 14 questions shown

1

Recruiter Screen

2
  1. 1

    Type · Motivation

    Why are you interested in investment banking, and specifically why Aviva?
  2. 2

    Type · Fit

    Tell me about your GPA and how it reflects your academic performance and work ethic.
2

Technical Screen

4
  1. 3

    Type · Valuation

    Walk me through a DCF valuation for Aviva. What are the key assumptions and drivers?
  2. 4

    Type · Valuation

    How would you value Aviva using comparable company analysis? What metrics would you use?
  3. + 2 more questions in this round (sign up to unlock)
3

Market Knowledge

3
  1. 5

    Type · Market Trends

    What are the major trends impacting the insurance industry in the UK, and how might they affect Aviva's strategy?
  2. 6

    Type · Recent Deals

    Can you discuss a recent M&A transaction in the financial services sector that you found interesting, and why?
  3. + 1 more questions in this round (sign up to unlock)
4

Superday

2
  1. 7

    Type · Technical

    If Aviva were to acquire a smaller competitor, what are the key financial metrics you would analyze to assess the deal's attractiveness?
  2. 8

    Type · Technical

    How would you assess the risk associated with Aviva's investment portfolio, and what are the implications for its solvency?
5

Behavioral / Leadership

3
  1. 9

    Type · Behavioral

    Tell me about a time you had to work on a project with a tight deadline and limited resources. How did you manage?
  2. 10

    Type · Behavioral

    Describe a situation where you had to influence a stakeholder who initially disagreed with your recommendation.
  3. + 1 more questions in this round (sign up to unlock)

Unlock all 14 Aviva questions, free

No credit card. Every question with its framework, the grading signals interviewers score against, and a worked answer for each.

Unlock all 14 Aviva questions

Interview tracks at Aviva

How Aviva's DNA translates across functions. Pick your role.

Compare Aviva with similar employers

Same DNA, different bar. Browse the closest companies in our database and see how their loops differ.

Practice Aviva interviews end-to-end

Sample answers

What a strong answer to these Aviva interview questions shows.

How would you value Aviva using comparable company analysis? What metrics would you use?

A strong answer shows: Knowledge of valuation methodologies.; Ability to select appropriate comparables.; Understanding of relevant financial metrics and multiples..

If Aviva were to acquire a smaller competitor, what are the key financial metrics you would analyze to assess the deal's attractiveness?

A strong answer shows: Understanding of M&A valuation and financial impact.; Ability to prioritize key metrics for deal assessment.; Awareness of company-specific financial considerations..

Frequently asked questions

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