Senior Product Development Manager, Aviva
+ Discretionary bonus + Up to £1,200 of free Aviva shares per year through our Matching Share Plan
Insurance, wealth and retirement business
Be an early applicant
Insurance, wealth and retirement business
1001+ employees
Be an early applicant
+ Discretionary bonus + Up to £1,200 of free Aviva shares per year through our Matching Share Plan
1001+ employees
Company mission
To be with people when it really matters, throughout their lives.
Role
Who you are
- Track record of successfully designing and launching products as well as managing and culling products
- Effective and up to date regulatory and product knowledge, ensuring that all product design / development is compliant and existing products remain fit for purpose and comply with evolving regulations
- A confident networker and relationship builder – both external and internal
- An accomplished communicator, comfortable in all environments – colleagues, team members, internal, external, global, media etc
- Private markets experience would be advantageous
- Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply
What the job involves
- We are recruiting for a Senior Product Development Manager to join our Product team
- This is a great opportunity for someone who has strong, demonstrable industry product knowledge, allied with knowledge on product trends, industry innovations and regulatory landscapes
- Investment expertise means nothing if clients don’t experience it
- Our business development and client experience teams build trusted relationships across regions, while our marketing, investment, and communications teams showcase what sets us apart – powering our growth
- The role covers both new product development and the ongoing management of existing products across the Aviva Investors private markets product suite ensuring effective prioritisation of change activity
- Acting as the first point of contact for product‑related queries, the role ensures the Private Markets range is championed across the business, particularly with sales and investment teams; remains fully compliant with evolving regulatory requirements; and is fit for purpose in meeting client and consultant needs
- This includes accountability for product launches, proactive range management, oversight of product feasibility assessments with a strong focus on customer outcomes (including vulnerable customers), delivery of prospectus updates, and implementation of product changes such as share class launches, registrations, mergers, closures and restructures
- The Senior Product Development Manager will work closely with Investment Specialists, Marketing, Sales and Market Intelligence teams to ensure products remain front of mind and commercially positioned, supporting sales efforts to commercialise existing products and ensuring key milestones such as performance track record or AUM growth are appropriately leveraged
- The role also leads engagement with industry bodies and regulatory consultations, ensuring existing products remain compliant and mitigating reputational or regulatory risk
Salary benchmarks
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
Amanda Blanc
(Group CEO)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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