Head of Business Management

Head of Business Management

City of London Full-Time 43200 - 72000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead strategic initiatives and support the CIO in transforming Canada Life UK.
  • Company: Join Canada Life UK, a trusted name in financial services since 1903, dedicated to building better futures.
  • Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
  • Why this job: Be part of a culture that values integrity, excellence, and teamwork while driving impactful change.
  • Qualifications: Experience in Financial Services with strong strategic, negotiation, and communication skills required.
  • Other info: Diversity and inclusion are key commitments; flexible working arrangements available.

The predicted salary is between 43200 - 72000 ÂŁ per year.

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.

Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.

Purpose of the role:

Despite a challenging market, Canada Life UK has shown remarkable resilience. However, in keeping with the company's strategy around continuous improvement, Canada Life remains on a transformation journey which is focused on the modernization of retail distribution platforms, of legacy systems and of the back-office operations. The creation of the Shared Service model has created significant opportunity for the CLUK business, but has yet to fully deliver against its potential and this is a crucial phase for successful embedding and talent acquisition.

The Head of Business Management, CIO's Office will support the CIO in driving the delivery of the above being a culture champion that lives and breathes Canada Life's values surrounding people, integrity, excellence and togetherness. This is an opportunity to be part of a new team, supporting the CIO and the wider team on the delivery of its ambitious transformation, developing a clear growth strategy and be part of developing the customer agenda.

The Head of Business Management will also work closely with the wider European division teams to leverage synergies and learnings, such as agile delivery, innovation and digital.

  • Maintain a strong understanding of the CLUK and CIO agenda, objectives and plans, and using this ensure there is a clear strategy and plan aligned to our future state ambition.
  • Ensure the smooth running of the UK CIO Office, and effectively oversee CIO led committees (specifically Transformation Committee, Customer & Operational Risk Committee, Conduct Risk Committee), input and messaging into CLUK Boards & coordinate Senior Leadership Governance.
  • Ensure the CIO has appropriate and effective MI (financial, commercial, operational, conduct and risk) in order to run the business safely and commercially, enabling COO to become a data-led business.
  • Support the CIO in delivery of the target operating model, including the successful embedding of the Shared Service, including oversight of critical success factors.
  • Oversee and track strategic, business and high priority initiatives from development through to successful execution under the guidance of the CIO, including the successful delivery of special projects. Identifying potential obstacles and identifying ways to remove those obstacles.
  • Support the successful build-out of the Data management strategy, working closely with the CIO SLT.
  • Support the successful development of a UK Customer strategy, embracing Digital and Innovation.
  • Provide daily strategic, commercial and operational support to the UK CEO.
  • Is the key conduit between UK CIO, senior leaders and the wider organisation on key business matters.
  • Provide analysis, recommendations and options regarding high impact decisions.
  • Represent the CIO at meetings with key stakeholders, senior leaders, internal stakeholders, customers and other external parties.
  • Provide advice and insight to the CIO and senior leadership team including troubleshooting, with the flexibility to take on anything asked.

What you'll do:

  • To take accountability on behalf of the CIO for partnering with key senior leaders to deliver on strategic outcomes and targets.
  • Overseeing strategic business initiatives, tracking progress and providing innovative solution to resolves issues and remove barriers.
  • Working with the CIO and Executive Team in the development and agreement of CLUK strategies and priorities through to execution.
  • Delivering and tracking effective MI (financial, commercial, operational, conduct and risk) in order to lead the business safely and commercially.
  • Reviewing MI along with the Executive team to track effective delivery of CL's strategic agenda.
  • Uses knowledge of the organisation and its interrelated constituent parts, industry, context and business strategy to support and provide insight to business decision making about strategic, organisational and investment choices.
  • Represent Canada Life UK at meetings with key stakeholders, senior leaders, internal stakeholders, customers and other external parties.
  • Support CEO on delivery of public policy, brand and reputation strategy as well as providing daily strategic, commercial and operational support to UK CEO.
  • Culture Champion for the organisation, ensuring that ways of working and underpinning governance and structure support CL culture and values.

What you'll bring to the role:

  • Experience of working in Financial Services in a central strategic role involving delivering and leading pragmatic and cost-effective strategies.
  • Proven experience of the key drivers and issues within Financial Services and how business solutions may be deployed to meet our clients' needs.
  • Strong consumer and market awareness.
  • Strong negotiation and influencing skills and proven relationship builder.
  • Excellent communication skills at executive level.
  • Strong financial management and change/project management skills.

Benefits of working at Canada Life:

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.

How we work at Canada Life:

Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.

We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.

Diversity and inclusion:

Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.

“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UK

We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Head of Business Management employer: Canada Life Group (UK) Ltd (The)

Canada Life UK is an exceptional employer that prioritises the well-being and development of its employees, offering a competitive salary and comprehensive benefits package, including a generous pension scheme and private medical insurance. Our unique culture fosters collaboration, curiosity, and integrity, ensuring that every team member feels valued and empowered to contribute to our mission of building better futures for our customers and communities. With a strong commitment to diversity and inclusion, we provide ample opportunities for personal and professional growth in a supportive and flexible work environment.
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Contact Detail:

Canada Life Group (UK) Ltd (The) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Business Management

✨Tip Number 1

Familiarise yourself with Canada Life UK's values and culture. As a Head of Business Management, you'll need to embody their principles of integrity, excellence, and togetherness. Show how your personal values align with theirs during networking or interviews.

✨Tip Number 2

Network with current or former employees of Canada Life UK. This can provide you with insights into the company’s transformation journey and the specific challenges they face. Use platforms like LinkedIn to connect and engage in meaningful conversations.

✨Tip Number 3

Stay updated on trends in the financial services sector, particularly around digital transformation and customer-focused strategies. Being knowledgeable about these topics will help you demonstrate your expertise and readiness to contribute to their ambitious goals.

✨Tip Number 4

Prepare to discuss your experience with strategic initiatives and change management. Be ready to share specific examples of how you've successfully led projects that align with the responsibilities of the Head of Business Management role.

We think you need these skills to ace Head of Business Management

Strategic Planning
Financial Services Expertise
Change Management
Project Management
Data Analysis
Stakeholder Engagement
Negotiation Skills
Influencing Skills
Communication Skills
Operational Risk Management
Customer Strategy Development
Agile Methodologies
Problem-Solving Skills
Team Leadership
Market Awareness

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Head of Business Management position. Tailor your application to highlight how your experience aligns with the specific requirements mentioned in the job description.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in financial services, particularly in strategic roles. Provide concrete examples of how you've successfully led initiatives or managed projects that align with the transformation goals outlined by Canada Life UK.

Showcase Leadership Skills: As this role requires strong leadership and relationship-building skills, be sure to include examples of how you've influenced teams or stakeholders in previous positions. Highlight your ability to drive change and support a culture of excellence and integrity.

Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the role but also demonstrate your understanding of Canada Life UK's values and culture. Discuss how you embody these values and how you can contribute to their mission of building better futures for customers and employees alike.

How to prepare for a job interview at Canada Life Group (UK) Ltd (The)

✨Understand the Company Culture

Before your interview, take some time to research Canada Life UK's culture and values. Familiarise yourself with their commitment to doing the right thing for customers and colleagues, as well as their focus on diversity and inclusion. This will help you align your answers with their ethos during the interview.

✨Showcase Your Strategic Thinking

As the Head of Business Management, you'll need to demonstrate strong strategic thinking skills. Prepare examples from your past experiences where you've successfully led strategic initiatives or resolved complex issues. Be ready to discuss how you can contribute to Canada Life UK's transformation journey.

✨Prepare for Executive-Level Communication

Given the role's requirement for excellent communication skills at the executive level, practice articulating your thoughts clearly and concisely. You may be asked to present ideas or insights, so consider how you can convey complex information in an understandable way.

✨Highlight Your Financial Services Experience

Make sure to emphasise your experience in financial services, particularly in central strategic roles. Be prepared to discuss key drivers and issues within the industry, and how your background equips you to meet client needs effectively. This will show your understanding of the sector and its challenges.

Head of Business Management
Canada Life Group (UK) Ltd (The)
C
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