Head of Proposition Innovation

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years we have a long history of innovation in savings and investments combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments Asset Management and Life work together to provide access to balanced long-term investment and savings solutions.

Through 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.

Role Overview

The Head of Proposition Innovation is a senior leader accountable for setting shaping and delivering the end-to-end proposition innovation and transformation strategy focused on M&Gs packaged solutions portfolio.

This elevated role demands strong strategic foresight decisive leadership and the ability to rapidly convert insight into clear evidence-based proposals that drive commercial performance and customer value. Operating with pace clarity and influence the role is responsible for defining a multi-year proposition strategy creating the rationale behind strategic choices and ensuring robust and timely execution through cross-functional collaboration.

Key Responsibilities

• Strategic Leadership & Proposition Strategy Development: Lead the definition and evolution of a compelling insight-driven multi-year proposition innovation strategy with clear rationale and robust strategic justification.
• Accelerated Delivery & Transformation Execution: Translate strategy into a focused pacey roadmap with accelerated speed-to-value.
• Governance Controls & Risk Management: Lead insight-driven oversight across the value chain ensuring customer fair value regulatory compliance and commercial performance.
• Strategic Influence & Senior Stakeholder Engagement: Operate as a senior strategic adviser and drive strategic alignment across Pricing Finance Risk Digital Operations Distribution Marketing and Change.
• Leadership Culture & People Development: Inspire a high-performing team and build a future-focused inclusive and innovative proposition culture.

Key Skills & Experience

• Experience leading strategic proposition development in regulated markets.
• Ability to articulate a clear evidence-backed rationale for strategic proposals.
• Strong commercial acumen and understanding of the insurance and advised market landscape.
• Exceptional senior stakeholder influence skills.
• High learning agility and ability to drive accelerated pace in delivery environments.
• Innovative mindset with ability to anticipate market shifts.

KPIs & Success Measures

• Strategic Delivery: Visible progress against multi-year strategy and acceleration milestones.
• Roadmap Execution: 90% delivery of strategic initiatives on time with speed-to-value focus.
• Governance & Risk: 100% completion of governance reviews and zero high-severity audit findings.
• Commercial Outcomes: Exceed sales margin and customer value targets.
• Stakeholder Alignment: 85% satisfaction from senior cross-functional partners.
• Digital & Experience Impact: 95% digital milestones delivered with measurable improvements.
• Team & Culture: Team engagement 85% and strong talent development pipeline.

Experience Level: Integration Leader

What we offer:

At M&G were committed to helping you thrive and supporting your wellbeing both at work and beyond. Our benefits are designed to help you balance your professional and personal life while planning confidently for your future. Our UK benefits include:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

• Enjoy 38 days annual leave including bank holidays with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy to balance your work and personal commitments.

• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity adoption surrogacy and paternity leave - as supporting families is a core aspect of our inclusive culture.

• Health & Protection cover including Private Healthcare Critical Illness cover and Life Assurance for you with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G underpinned by our policies and our employee-led 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 long-term health conditions disabilities or neuro-divergent conditions.

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