At a Glance
- Tasks: Research the retirement income market and identify new business opportunities in annuities.
- Company: Join Canada Life, a leader in financial services with a focus on innovation.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Other info: Dynamic team environment with plenty of opportunities for growth and learning.
- Why this job: Make a real impact in the retirement income sector while developing your skills.
- Qualifications: Good communication skills and a basic understanding of annuities; financial services experience is a plus.
The predicted salary is between 40000 - 50000 £ per year.
The role holder will build a strong knowledge of the retirement income market within the UK, including competitor intelligence and an understanding of the regulatory environment. They will conduct research and provide insight into market trends to identify new business opportunities across Individual Annuities, such as Fixed‑term and Purchased Life Annuities. Ultimately, this role will support the Annuity Propositions Team to ensure profitable growth in targeted market segments within business risk appetite while identifying and delivering process improvement opportunities. The person must have a basic understanding of annuities; knowledge of the Individual Annuities market is an advantage.
What will you be doing
- Contribute to the management of annuity product and propositions to enable the business to meet its corporate objectives for sales and margins while driving good customer outcomes within the business risk appetite.
- Support the Annuities Proposition Manager and Annuity Sales Director to explore and evaluate new opportunities and build strong business cases for recommended new product or proposition developments.
- Ensure the products comply with relevant legislation, meet the needs of the target customer segment and deliver good customer outcomes.
- Contribute to the governance of the annuity proposition, demonstrating effective risk management through ongoing monitoring of products in regular product management meetings and reviews.
- Contribute to product or proposition developments as required to meet business objectives or comply with changes to legislation.
- Assist the Annuities Proposition Manager to drive propositional improvements across the business that impact service delivery to the end customer and chosen distribution channels.
- Contribute to regulatory and legislative consultation responses as agreed with the Annuities Proposition Manager on any issue that might impact the annuity proposition.
- Identify improvements in business process to ensure a positive customer outcome with products and services that meet their needs.
What Experience will you have for the position
- Good communication skills at all levels – both verbal and written.
- A knowledge of retirement income products and legislation (knowledge of Individual annuities would be an advantage).
- Strong team ethic to support colleagues when required.
- Ability to work to tight deadlines while maintaining quality of output.
- Creative thinker able to follow a process but also consider alternatives.
- Enthusiasm and willingness to develop and learn.
- Experience within financial services, ideally within retirement (though not essential as the most important qualification is the ability to pick things up quickly).
Benefits of working at Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that is regularly reviewed. As a colleague, you’ll receive a competitive salary and a comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We also offer a range of training, flexible working and opportunities to grow and develop.
Annuity Proposition Analyst in Watford employer: Irish Life Group Services Limited
At Canada Life, we pride ourselves on being an excellent employer, offering a supportive work culture that fosters collaboration and innovation. Our employees benefit from a competitive salary and comprehensive rewards package, including generous pension contributions and private medical insurance, alongside ample opportunities for professional growth and development in the dynamic retirement income market. Located in the heart of the UK, we encourage a flexible working environment that promotes a healthy work-life balance, making us an attractive choice for those seeking meaningful and rewarding employment.
Contact Details:
Irish Life Group Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Annuity Proposition Analyst in Watford
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We think you need these skills to ace Annuity Proposition Analyst in Watford
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