Full-Time

Vice President

Pricing Actuary

Aviva

Aviva

10,001+ employees

Provides savings, retirement, and insurance solutions

Compensation Overview

$225k - $275k/yr

+ Annual bonus

Company Does Not Provide H1B Sponsorship

New York, NY, USA

Hybrid

Hybrid flexible work model; up to 25% travel is required.

Bachelor's

Category
Insurance (1)
Required Skills
Forecasting
Product Management
Risk Management

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Requirements
  • A bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, Data Science, or a related quantitative discipline.
  • 10-15+ years of Property & Casualty actuarial experience, including meaningful specialty, commercial, or Excess & Surplus pricing leadership experience.
  • A Fellow of the Casualty Actuarial Society designation or equivalent actuarial fellowship credentials acceptable for the role is required.
  • Significant experience in pricing model development, product and pricing management, portfolio management, and underwriting partnership across multiple product segments.
  • Demonstrated success leading actuarial teams, complex pricing initiatives, and cross-functional change across matrixed organizations.
  • Strong understanding of U.S. Excess and Surplus specialty insurance products, underwriting dynamics, exposure segmentation, and pricing model application.
  • Executive-level communication, presentation, and leadership skills.
  • Proven ability to influence senior U.S. and UK stakeholders, translate actuarial insights into business action, and drive measurable business outcomes.
Responsibilities
  • Develop and execute enterprise pricing strategies across multiple U.S. Specialty product segments and underwriting portfolios.
  • Establish actuarial pricing methodologies, assumptions, pricing models, model refresh processes, and governance frameworks.
  • Ensure pricing adequacy and alignment with profitability objectives.
  • Lead the development of rate indications, technical pricing views, segmentation analyses, and pricing recommendations for multiple specialty lines.
  • Partner with Underwriting and Product teams to translate pricing insights into underwriting actions, product innovation, and market competitiveness.
  • Evaluate market conditions, competitive dynamics, and emerging trends that influence pricing strategy.
  • Support new product development, product enhancements, and U.S. market expansion initiatives in coordination with UK actuarial and product stakeholders.
  • Maintain accountability for actuarial support of portfolio profitability, segment-level performance management, and portfolio steering actions.
  • Monitor portfolio trends, loss ratios, exposure mix, growth metrics, retention performance, and rate adequacy by product segment and distribution channel.
  • Develop strategic recommendations that improve portfolio outcomes and business performance.
  • Support enterprise planning, forecasting, and portfolio optimization activities.
  • Evaluate business mix, concentration risk, underwriting appetite, model indications, and growth opportunities across multiple product segments.
  • Ensure actuarial recommendations align with Aviva's strategic objectives and risk appetite.
  • Lead and develop actuarial leaders, managers, and technical professionals, and provide matrix leadership to colleagues supporting shared U.S. and UK priorities.
  • Establish organizational priorities and performance expectations for assigned products.
  • Drive workforce planning, succession planning, and talent development initiatives.
  • Foster a culture of accountability, collaboration, innovation, and continuous learning.
  • Support actuarial credential attainment and professional development.
  • Build organizational capability and leadership readiness within the actuarial function.
  • Oversee and contribute to predictive analytics, advanced pricing models, model validation, monitoring, and actuarial modernization initiatives.
  • Support implementation of advanced analytical tools and technologies.
  • Promote data-driven decision-making across the organization.
  • Evaluate emerging technologies and analytical methodologies.
  • Drive automation and efficiency improvements across actuarial processes.
  • Enhance analytical capabilities supporting underwriting execution, pricing discipline, portfolio management, and business performance.
  • Serve as a strategic partner to Underwriting, Product, Claims, Finance, Risk Management, Executive Leadership, and UK actuarial and product teams.
  • Influence key business decisions through actuarial insights and recommendations.
  • Present pricing strategies, profitability analyses, model outputs, and portfolio recommendations to U.S. and UK executive audiences.
  • Support strategic growth initiatives, partnerships, market expansion, and due diligence activities requiring actuarial pricing and profitability expertise.
  • Participate in enterprise planning and business transformation activities.
  • Serve as a trusted advisor on pricing, profitability, and risk-related matters.
  • Ensure compliance with Casualty Actuarial Society standards of practice, applicable regulatory expectations, and Aviva governance requirements.
  • Establish pricing governance frameworks, model documentation, control standards, and oversight processes in accordance with Aviva Standards.
  • Support regulatory reviews, audits, and actuarial certifications.
  • Maintain analytical controls, model documentation, peer review, and evidence of pricing decisions in accordance with Aviva Standards.
  • Partner with Risk Management and Compliance teams to support enterprise objectives.
  • Ensure actuarial practices align with organizational and regulatory expectations.
  • Collaborate with executive leaders across the U.S. organization and relevant UK partner teams.
  • Drive alignment between actuarial strategy, underwriting execution, pricing model outputs, and business objectives.
  • Support enterprise initiatives and organizational priorities.
  • Promote collaboration across underwriting, claims, finance, operations, and product functions.
  • Contribute to enterprise decision-making and strategic planning processes.
  • Own the end-to-end pricing model lifecycle, including development, calibration, implementation support, monitoring, documentation, peer review, and governance evidence.
  • Define model performance measures and escalation triggers to ensure pricing tools remain fit for purpose across changing market, portfolio, and underwriting conditions.
  • Ensure pricing models, assumptions, and indications are clearly communicated to underwriting leaders and embedded into portfolio management routines.

Aviva is a financial services group that provides savings, retirement, and insurance products to individuals, families, and businesses mainly in the UK, Canada, and Ireland. Its products help people manage long-term financial security through life insurance, pensions, and investment options. The company earns money from insurance premiums, investment income, and fees for asset management, and its offerings span protections, savings accounts, retirement plans, and investment services. Aviva differentiates itself by integrating a strong focus on sustainability and responsible investing (such as its Electric Vehicle Salary Sacrifice Scheme and venture capital investments in emerging tech) and by prioritizing diversity and inclusion in its workforce. Its goal is to help clients secure their financial futures while growing its business through a broad, diversified portfolio of financial products and services.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1990

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Simplify Jobs

Simplify's Take

What believers are saying

  • H1 2026 operating profit rose 24% to £1.326 billion; cash remittances jumped 47%.
  • Aviva delivered £100 million run-rate Direct Line synergies and targets £225 million by 2028.
  • Aviva Capital Partners launched the Glasgow regeneration partnership on 19 August 2026, expanding fee income.

What critics are saying

  • PRA fined UK Insurance £10.6 million on 11 March 2026 for Solvency II errors.
  • Aviva cut 2026 health operating profit guidance to £90 million on 14 August 2026.
  • Integration complexity remains existential: Direct Line synergies depend on claims discipline through 2028.

What makes Aviva unique

  • Aviva controls UK, Canada, and Ireland franchises with £479 billion AUM, June 2026.
  • Direct Line integration gives Aviva Britain's largest home and motor scale after July 2025.
  • Aviva Premier and high-value protection bundle underwriting, claims, and wealth expertise, September 2026.

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Benefits

Health Insurance

401(k) Retirement Plan

Performance Bonus

Paid Vacation

Hybrid Work Options

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

-12%

1 year growth

-12%

2 year growth

-12%
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Insurance Age
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Investment partnership to deliver 1000-home north Glasgow redevelopment.

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Aviva closes AIG Life UK to new business with high value HNW proposition launch.

Aviva closes AIG Life UK to new business with high value HNW proposition launch. Aviva has fully closed AIG Life UK to new business following the launch of an integrated high value proposition aimed at supporting advisers in addressing the complex and evolving needs of high-net-worth clients (HNW), amid rising demand for inheritance tax (IHT) planning. The insurer confirmed the former APUK (previously AIG Life) proposition has now been fully closed to new business but will continue to honour existing pipeline cases in line with agreed timelines. The insurer told Health & Protection this morning that there will be no redundancies following the bringing together of the Aviva and APUK teams. The move aims to create a single, experienced specialist unit dedicated to helping advisers protect their high-net-worth clients through a new proposition and a two-tier underwriting service (premier and high value), based on customers' required cover amount and complexity. Updated product. Aviva further announced a series of updates designed to broaden cover options, improve accessibility, and offer greater flexibility for advisers and clients. New features include expanded estate planning options such as joint life second event term cover, IHT-related benefits changes, and extended life change and separation benefits for rated clients. The proposition also offers broadened access raising maximum entry ages and expanding joint life second event eligibility to support advisers with holistic cover. Aviva has also increased maximum cover limits of over £100m to expand its ability to support high-net-worth clients with more complex protection needs. And to build on this, a more automated bespoke pricing process will aim to deliver faster turnaround times and a more efficient experience for advisers, it said. The insurer added advisers will experience an end-to-end service across sales, underwriting, pricing and customer service, designed to remove complexity and make it easier for advisers to do business. These cross-functional teams will work collaboratively to bring together specialist expertise, Aviva said. Within Daren Boys' protection portfolio distribution director structure, Ben Whatling has been promoted to the newly created role of high value strategic accounts manager. He will work closely with advisers, providing senior oversight while leading the high value specialist distribution team and coordinating across teams. Two-tier service model. Aviva is introducing a two-tier service model, ensuring that cases are managed end-to-end based on complexity and value. Its premier tier aims to offer more specialised and dedicated assistance for the most complex, ultra-high-value cases. Advisers will have access to a named, dedicated, case owner from both underwriting and administration, as well as an enhanced third-party medical service. Applications will be assessed within 24 hours and medical evidence within 48 hours. This tier is available for applications exceeding £5m for life insurance and £1m for critical illness or where the monthly premium exceeds £750 a month. The high value tier handles applications requiring life insurance above £1.5m, critical illness over £750,000, whole of life policies above £500,000, and income protection providing more than £125,000 a year. This also supports any protection product with premiums of £500 a month or more. Income protection will have maximum cover of £240,000 cover a year for both premier and high value customers. Cases will typically be handled by the high value team, unless they form part of a broader protection case that meets premier tier criteria. Aviva added advisers will benefit from prompt assessment from application through to terms, direct access to underwriters and administrators by phone or email and regular updates at key stages throughout the underwriting process. IHT changes. Earlier this month, advisers told Health & Protection that impending changes to IHT were a key driver behind an increase in premium value in the first quarter of the year. This followed the release of Gen Re's Protection Pulse Q1 2026 update which revealed that protection new business sales in the first quarter of the year remained broadly in line with the corresponding period of 2025, but premium levels had grown by 6.8%. Protection and wealth experience. The insurer said advisers would have access to a broad range of wealth and technical expertise, including specialist knowledge in areas such as tax and trusts, which aimed to enable a more holistic approach to financial planning, supporting advisers in delivering comprehensive solutions for their clients. This would be supported through close collaboration with it's wealth teams, with clients supported with signposting and coordinated support across protection and wealth. In addition, Aviva is updating its digital guidance and support including an online hub featuring tools, calculators and a dedicated technical support area. This will provide practical resources and sales aids to support adviser development. The insurer added this commitment extended beyond launch, with a programme of events, training and ongoing support planned to ensure advisers continue to feel supported over time. Bringing together specialist expertise. Fran Bruce, managing director, protection at Aviva, (pictured) said the launch was an exciting step forward. "Bringing together specialist expertise, enhanced capabilities and dedicated support enables us to provide advisers with an even stronger offering for their high-net-worth clients," she said. "Healthcare & Protection has listened to advisers and designed this to meet increasingly sophisticated client requirements, strengthening its ability to support wealth and estate planning conversations, while helping advisers deliver tailored protection solutions with confidence. "We look forward to helping more clients protect their wealth, their families and the legacy they've worked hard to build." Ben Whatling, high value strategic accounts manager, added: "Amid rising demand for inheritance tax planning and a recognition of the role protection can play in wealth planning, advisers tell Healthcare & Protection they need faster decisions, clearer routes to expertise and more support on the biggest cases. "By bringing together the strengths of Aviva and APUK into one enhanced proposition and dedicated high value team, Healthcare & Protection is giving advisers a simpler, more connected experience. "Our new service model offers a truly integrated sales, underwriting and pricing journey, with the premier tier taking this a step further for ultra-high-value cases. Ultimately, our goal is to make life easier for advisers, helping them deliver the right outcomes for clients who require a higher level of protection."