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- Tasks: Shape and execute product strategies while managing the entire product lifecycle.
- Company: Join Foresters Financial, a purpose-driven financial services provider.
- Benefits: Up to £65,000 salary, 28 days holiday, and flexible remote work options.
- Why this job: Make a real impact in financial services while collaborating with a creative team.
- Qualifications: Experience in financial services and proven product management skills required.
- Other info: Enjoy a culture of collaboration and support for personal and professional growth.
The predicted salary is between 52000 - 78000 £ per year.
Location: Bromley, Kent
Salary: Up To £65,000
FTC 9 months, Full Time
We are looking for an experienced Proposition and Product Manager, who wants to get involved in helping shape and execute Foresters’ proposition strategy to join us on a 9 month fixed term contract. Your focus will be split between supporting new product and proposition development, together with in-cycle product management.
Your day to day will include:
- Support/manage the identification and ideation of new proposition and product opportunities
- Support/manage the end-to-end product lifecycle, from idea and prototyping to launch and market success
- Lead/support the orchestration of product reviews for Foresters, maintaining a structured process and timeline. Ensuring all business requirements and timelines are considered to deliver effective product governance
- Recommend and embed product governance principles and practices within the business
- Identify special needs of vulnerable customers, recommending business practices to deliver good customer outcomes
- Collection and analysis of relevant management information of products and business practices
- Leverage data, customer insights, market research and regulations to inform business decision making and continuously improving our products
- Make evidence-based recommendations for propositions and product management, which could include potential mitigating actions
- Present conclusions and findings in an engaging and easily understandable way for stakeholders at the right level for respective audiences
- Work with our Compliance team in the identification and assessment of any risks that are identified
- Champion good customer outcomes and a customer-focussed culture in the organisation
- Keep up to date with FCA regulations, guidance and any industry best practice and share that learning with the Foresters team
Working hours are 35 hours a week Monday to Friday. Start times can vary from 7.30am to 9.30am. After a successful training period there is flexibility to work from home up to 2 days a week.
What we require:
- Strong familiarity and experience in Financial Services
- Successful track record of bringing propositions ‘to market’ and their life-cycle management
- Previous product management
- Commercial awareness and focus on the application of regulation within Financial Services
- Understanding and experience of Consumer Duty regulations
- Evidence of a customer-focused mindset with proven ability to balance customer experience with commercial objectives
- Strong communication and presentation skills
- Demonstrated experience of applying strategic thinking balanced with delivery
- Effective planning, organisation, analytical and problem-solving skills. Confident interpreting and working with customer and business data
- Collaborative team player
What we offer you:
- Basic salary up to £65,000 per annum, pro rata for 9 months
- Annual holiday allowance of 28 days holiday plus bank holidays
- Life Assurance (based on pensionable earnings)
- Generous contributory Pension scheme
- 1 days paid charitable workday
- Wellbeing support programmes
About us:
Foresters Financial is not your typical financial services provider. Those who join our purpose-driven organisation enjoy a culture of collaboration, creativity, and mutual respect and are challenged to do their best to make a difference every day. We help everyday families achieve their financial goals and make a lasting difference in their lives and communities.
Product and Proposition Manager employer: Foresters Financial
Contact Detail:
Foresters Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product and Proposition Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its products. We want you to be able to discuss how your experience aligns with their needs. Show them you’re not just another candidate, but someone who truly understands their mission.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience and how it relates to the role of Product and Proposition Manager. We suggest rehearsing with a friend or in front of a mirror to boost your confidence.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. And remember, apply through our website for the best chance!
We think you need these skills to ace Product and Proposition Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product and Proposition Manager role. Highlight your experience in financial services and product management, showcasing how you've successfully brought propositions to market.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our mission at Foresters. Don't forget to mention your customer-focused mindset!
Showcase Your Analytical Skills: Since data and insights are key in this role, be sure to include examples of how you've used data to inform decisions in your previous roles. This will show us that you can leverage information effectively.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it, so don’t miss out!
How to prepare for a job interview at Foresters Financial
✨Know Your Products Inside Out
Before the interview, make sure you thoroughly understand the products and propositions relevant to the role. Research Foresters’ current offerings and think about how you can contribute to their lifecycle management. Being able to discuss specific products and suggest improvements will show your genuine interest and expertise.
✨Showcase Your Customer-Centric Mindset
Prepare examples that highlight your experience in balancing customer needs with commercial objectives. Think about times when you've identified special needs of vulnerable customers and how you’ve recommended practices for better outcomes. This will demonstrate your alignment with Foresters’ focus on good customer outcomes.
✨Be Ready to Discuss Regulatory Knowledge
Brush up on FCA regulations and Consumer Duty principles before your interview. Be prepared to discuss how these regulations impact product management and governance. Showing that you’re up-to-date with industry best practices will set you apart as a knowledgeable candidate.
✨Engage with Data-Driven Insights
Since the role involves leveraging data and market research, come prepared with examples of how you've used data to inform business decisions in the past. Discuss any analytical tools or methods you’ve employed to gather insights, as this will showcase your strategic thinking and problem-solving skills.
