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For Companies At a Glance
- Tasks: Lead the development of innovative Group Protection propositions and collaborate with diverse teams.
- Company: Join Canada Life UK, a modern and inclusive organisation focused on building better futures.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Why this job: Make a real impact in the financial sector while developing your career in a supportive environment.
- Qualifications: Experience in Group Protection or Employee Benefits markets and strong communication skills are essential.
- Other info: Embrace a culture of curiosity and collaboration with excellent opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ 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.
Job Summary
To manage an assigned Group Protection proposition, to include overseeing the maintenance and governance of the current product and proposition, as well as leading on all proposition development as it relates to the assigned product set. This could include changes to current products, as well as launching new products. The role holder will be a specialist in the Group Protection and Employee Benefits market.
What You’ll Do
- Proposition Strategy: Collaborate with Head of Proposition, Protection SLT and other stakeholders to develop, publish and articulate our strategy and development roadmap for the assigned proposition. This includes conducting market research, analysis and preparing papers and presentations for onward communication.
- Proposition Management: Oversee the day-to-day management of the assigned proposition, to include customer and intermediary troubleshooting, monitoring regular customer outcomes MI and determining appropriate actions to maintain or improve outcomes for customers. To complete comprehensive Product Reviews at the appropriate frequency, determining actions necessary and managing those actions to completion. Work closely with various internal stakeholders (including IT, Change, 1st and 2nd line Risk & Compliance) as required to identify and implement small proposition change when appropriate to meet commercial goals and improve customer outcomes. Collaborate with Sales and Marketing (and third parties where necessary) to deliver marketing campaigns which improve awareness of proposition features and improve outcomes for customers. To include the regular review and approval of product literature. Collaborate with other Proposition Managers across CLUK to contribute and agree best practice for Product Lifecycle Management and other Product Governance tasks.
- Proposition Development: Lead on all Proposition Development projects as they relate to the assigned proposition, to include creating and managing working groups, project plans, collaborating with various internal stakeholders and managing all actions to successful completion, including required product governance. This can include major changes to existing propositions, or the development of new propositions.
- Third Party Supplier Management: Where necessary, manage and oversee all third parties who provide services to our customers as part of our proposition. This includes day to day troubleshooting and escalations, reviewing regular MI, agreeing incremental change and all contract owner tasks and supplier reviews as appropriate. Conduct regular research and monitor the market for new third party services, engaging with new suppliers to understand the scope of their services and how it may benefit our customers.
- Market Research: Collaborate with Data & Insight teams to commission and review the outcome of customer and intermediary research, to include making recommendations for potential change. Conduct regular competitor and market research to help inform the proposition development roadmap for the assigned proposition, spot opportunities and/or address gaps.
- Internal & External Communications: Be the ‘voice of the proposition’ both internally to communicate small and large change to all stakeholders and wider teams, but also externally to intermediaries, customers and the wider market. This can include presenting proposition changes to small customer groups, and/or facilitating customer feedback sessions and other intermediary and customer activity needed to support the proposition.
Who You Are
- Specialist experience of the Group Protection, Healthcare and/or Employee Benefits markets.
- Experience developing new market and/or product strategies.
- A detailed understanding of the product development process and associated product governance.
- A skilled communicator, able to develop relationships with internal and external stakeholders and present new propositions to gain buy-in and generate excitement.
- Experience managing projects, including leading others over whom you have no direct responsibility.
- Some leadership skills with a willingness to develop further, would be preferable.
- Technical Group Protection product knowledge would be an advantage.
- Experience working with employer customers and/or intermediaries would also be an advantage.
Qualifications
Degree education or equivalent (Desirable).
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.
Proposition Development Manager employer: Irish Life
Contact Detail:
Irish Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Proposition Development Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Canada Life UK and understanding their values and products. Tailor your answers to show how your experience aligns with their mission of building better futures.
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the Proposition Development Manager role. Highlight your experience in Group Protection and your ability to manage projects effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Canada Life team.
We think you need these skills to ace Proposition Development Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Proposition Development Manager role. Highlight your experience in Group Protection and Employee Benefits, and show us how your skills align with our mission at Canada Life UK.
Showcase Your Communication Skills: As a skilled communicator, it’s important to demonstrate your ability to build relationships. Use your application to share examples of how you've successfully communicated complex ideas to different stakeholders in the past.
Highlight Your Project Management Experience: We want to see your project management chops! Include specific examples of projects you've led, especially those involving product development or governance, to show us you can handle the responsibilities of this role.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Irish Life
✨Know Your Proposition Inside Out
Before the interview, dive deep into Canada Life UK's Group Protection offerings. Understand the current products, their features, and how they stand out in the market. This knowledge will help you articulate your insights and demonstrate your genuine interest in the role.
✨Showcase Your Market Research Skills
Be prepared to discuss how you would conduct market research and competitor analysis. Bring examples of past experiences where your research led to successful product development or strategy changes. This will highlight your ability to contribute to the proposition development roadmap.
✨Communicate Like a Pro
As a Proposition Development Manager, you'll need to be an effective communicator. Practice presenting your ideas clearly and confidently. Consider preparing a short presentation on a hypothetical product change to showcase your communication skills during the interview.
✨Demonstrate Collaborative Spirit
Collaboration is key in this role. Think of examples where you've successfully worked with cross-functional teams or managed projects without direct authority. Highlighting your teamwork skills will show that you're ready to engage with various stakeholders at Canada Life UK.
