drjobs Proposition Executive

Proposition Executive

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1 Vacancy
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Job Location drjobs

Edinburgh - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

At M&G our purpose is to give everyone real confidence to put their money to work.As an international savings and investments business with roots stretching back more than 170 years we offer a range of financial products and services through Asset Management Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns.

Through our behaviours of telling it like it is owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

The Role: Proposition Executive

The Product and Propositions Team in Life is responsible for the manufacture and review of all insurance products including our legacy back book and life and pension products open for new business within the UK retail market.

The Proposition Executive will work alongside our team of Proposition Managers to help maintain and develop our growth propositions. These are exciting roles where you will be contributing towards enhancing our propositions to ensure they stay competitive and contribute to the success of the business. You will be analysing data looking at internal and external trends and working closely with Distribution and other key stakeholders to understand demands and how we can get a competitive edge in the market. There will be opportunities to work on a variety of projects supporting small changes as well as eventually leading key enhancements. If you have a good understanding of M&Gs propositions an understanding of the competitive market and are excited to grow our propositions please do apply or get in touch.

Key responsibilities for this role

  • Support the effective risk and governance oversight of propositions by gathering data and evidence to aid the Proposition Manager and Head of Proposition making objective assessments of their performance and suitability across the end to end value chain (Price Service Performance etc) considering if the proposition is performing against agreed tests of customers fair value product risk and plan performance expectations and identifying and implementing improvement actions as appropriate
  • Support and get involved in the effective development and delivery of the proposition strategy including analysis of risk. Maintain a close understanding of the competitive market the need for new initiatives and enhancement of existing offerings underpinned by relevant business trends regulatory standards and market insights delivered through efficient and secure change management implementation
  • As a key proposition SME acting as an effective communicator and proposition champion able to convey the value of the propositions internally with cross functional teams
  • Development and maintenance of timely and accurate reporting for use in forums including through the relevant management committees Supervisory Boards and Accountable Persons
  • Analysis and maintenance of key product information enabling a robust and comprehensive data set available for ongoing reviews of the proposition communication within the business and to specific external stakeholders where appropriate.

Knowledge Skills and Experience

  • Strong analytical skills demonstratable experience of being able to interpret data and identify areas of opportunity risk and threat in the internal and market environment
  • Customer focus proven ability to evidence seeing things through the eyes of of the customer and translating this into our matrix management structure
  • Knowledge of the financial advised insurance market understanding how advisers place business and engage with proposition and the technical regulatory financial and risk framework within which business and product must operate
  • Delivery focused able to demonstrate they understand how value is generated through the value chain
  • Good communicator able to work collaboratively across the internal teams
  • Innovative able to make recommendations and articulate ideas that bring a difference to the proposition set

Job Level: Experienced Colleague

We have a diverse workforce and an inclusive culture at M&G plc underpinned by our policies and our employeeled networks who provide networking opportunities advice and support for the diverse communities our colleagues represent. Regardless of gender ethnicity age sexual orientation nationality disability or long term condition we are looking to attract promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader and we welcome applications from candidates with longterm health conditions disabilities or neurodivergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional needpleaselet usknow by contacting us at:

Employment Type

Full-Time

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