Proposition Manager - Edinburgh, United Kingdom - eFinancialCareers

Tom O´Connor

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Tom O´Connor

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Description
At M&G our purpose is
to help people manage and grow their savings and investments, responsibly.
  • As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clientsand identifying new opportunities to make a positive impact for our environment and communities.

    To help us achieve our vision we're looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliverresults and keep it simple.

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.


Location:
(Hybrid working)


The Role:
Proposition Manager


Corporate Risk and Investment Solutions (CRIS) is responsible for building and delivering innovative propositions to meet the complex needs of corporate and institutional customers.

Corporate Risk and Investment Solutions will have ownership of significantprojects including expanding the distribution of PruFund to Europe, innovating new With Profits solutions and the development of solutions for corporate customers such as the de-risking of pension liabilities.

The Proposition team within CRIS is responsible for developing and delivering these solutions ensuring that they meet the needs of the customer whilst achieving the commercial ambitions of M&G.

Proposition Managers within CRIS will take ownership of particulardevelopments and provide leadership and guidance through the innovation, development and execution stage of the development and the onboarding of new customers.

They will work closely with colleagues across CRIS and the wider business to overcome obstaclesallowing developments to reach market in a timely fashion.

Over time as the product portfolio within CRIS grows, Proposition Managers will also play a key role in ensuring that we exercise appropriate product oversight and that the business is achieving commercialtargets.


Key Responsibilities for this role:


  • Support the development of the proposition strategy for Corporate Risk and Investment Solutions. This will cover key areas such European distribution of PruFund, corporate derisking solutions and development of the With Profits proposition strategy.
  • Work closely with colleagues across the business to innovate new propositions to meet the needs of customers in the pension and corporate derisking market.
  • Support deal management and execution for Corporate Risk and Investment Solutions ensuring that appropriate commercial outcomes are delivered whilst remaining within risk appetite and governance.
  • Identify opportunities for improvements to operational efficiency and service propositions. Work closely with the wider business to create agile product processes.

Key Knowledge, Skills & Experience:


  • The role may be suited to a nearly/newly qualified actuary with commercial/pricing exposure or an individual who is qualified by experience.
  • Technical product knowledge of defined benefit pension derisking, with profits and investment solutions (including Defined Contribution investment solutions).
  • Commercial acumen & insight including insurance product pricing levers and their impacts on both shareholder and withprofits balance sheets.
  • Broad knowledge of working with (or within) a range of insurance/investment functions including pricing, financial reporting, distribution, propositions.
  • Practical working knowledge of the UK regulatory and legislative requirements relevant for financial product design and management.
  • A demonstrable ability to overcome obstacles in order to develop and implement strategic initiatives and/or product launches.
  • Experience of taking initiatives through internal governance including working closely with Risk and Compliance functions.
  • Experience of influencing a broad range of stakeholders from different functions with competing interests.
  • Passion for the customer
  • Effective written and presentation skills
  • High degree of honesty, integrity and discretion.


We have a diverse workforce and an inclusive culture at M&G plc, 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 or disability 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.

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