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- Tasks: Manage distributor propositions and support the tender process for new business.
- Company: Join Legal & General, a leading UK life insurer supporting 14 million people with their financial futures.
- Benefits: Enjoy hybrid working, generous holidays, private medical insurance, and performance-related bonuses.
- Why this job: Be part of a team creating brighter financial futures in an inclusive and supportive culture.
- Qualifications: Strong numerical skills, proficiency in Excel, and effective communication are key; experience is a plus.
- Other info: Flexible working options available; we value potential over meeting every criterion.
The predicted salary is between 36000 - 60000 ÂŁ per year.
5 days ago Be among the first 25 applicants Company Description Legal & General supports the savings, protection and retirement needs of around 14 million people, through our portfolio of retail and workplace businesses. Our Retail division helps people enjoy a more colourful retirement, both directly and through their employers. Company Description Legal & General supports the savings, protection and retirement needs of around 14 million people, through our portfolio of retail and workplace businesses. Our Retail division helps people enjoy a more colourful retirement, both directly and through their employers. We are one of the UK\’s largest life insurers, and also provide Group Protection products for employers – all helping people to plan for the unexpected. We support home buying through our Mortgage Club – the UK\’s largest – and our award-winning Surveying Services team. And our fintech team finds and supports socially useful start-ups and scale-ups working in the workplace, home, insurance and wealth areas. Joining us means helping create brighter financial futures for all our customers. Job Description We have an exciting opportunity for someone to join our Retail Protection business as a Commercial Finance Manager, with a specific focus around Distribution activities. This role involves managing distributor propositions, evaluating terms and agreements, and supporting the tender process for new business and re-negotiations. You will play a key role in ensuring the success of our Retail Protection offering and achieving our business targets. This a hybrid working opportunity, which means that you can work flexibly between our Hove Office and your home, to find a work-life balance that works for you. What you\’ll be doing: Developing the assessment and approval process for setting commercial terms for new and existing distribution deals. Documenting, developing and reviewing processes to ensure strong governance over relationships with distribution partners Contributing to committees by providing financial and commercial insights and developing relationships with key stakeholders Supporting the Senior Commercial Manager and the business with activities to improve efficiency, reduce cost and improve performance Supporting other teams on distribution agreements, providing advice on the commercial aspects of agreements Supporting the wider Commercial Operations process with pricing, commission changes, master set up, hierarchies, etc. Calculating expected returns on deals using insights on partner performance and market factors Ensuring consumer duty is considered and embedded in all work undertaken Qualifications Who we\’re looking for: A highly numerate individual with a good understanding of financial analysis techniques. Proficient in Microsoft Excel, with experience using advanced functions such as V Lookups and Pivot Tables A strong communicator, who can build effective working relationships with key stakeholders and influence commercial outcomes A creative thinker who can solve complex problems and suggest alternative solutions Knowledge of relevant Regulatory Frameworks or a willingness to learn about them Previous Commercial Management experience, ideally in a sales environment, is beneficial but not essential Experience in a commercial function within a financial services environment is beneficial but not essential Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes Generous pension contribution Life assurance Private medical insurance At least 25 days holiday, plus public holidays, 26 days after 2 years\’ service. There\’s also the option to buy and sell holiday Competitive family leave Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice There are the many discounts we offer – both for our own products and at a range of high street stores and online In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart Additional Information At L&G, we believe it\’s possible to generate positive returns today while helping to build a better future for all. If you join us, you\’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn\’t matter if you don\’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. \”videos\”:{\”title\”:\”Videos To Watch\”,\”urls\”:[\”https://youtu.be/8ZYGBwImH08\”,\”https://www.youtube.com/watch?v=ZBOaxOH1C2c\”,\”https://youtu.be/YwHNjdPbbkk\”]}}}, Seniority level Seniority level Entry level Employment type Employment type Full-time Job function Job function Sales and Business Development Referrals increase your chances of interviewing at Jobs via eFinancialCareers by 2x Sign in to set job alerts for “Commercial Manager” roles. 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Commercial Manager - Legal & General employer: Jobs via eFinancialCareers
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StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Manager - Legal & General
✨Tip Number 1
Familiarise yourself with Legal & General's Retail Protection business. Understanding their products and services will help you speak confidently about how you can contribute to their goals during interviews.
✨Tip Number 2
Network with current or former employees of Legal & General on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations for the Commercial Manager role.
✨Tip Number 3
Brush up on your financial analysis skills, especially in Microsoft Excel. Being proficient in advanced functions like V Lookups and Pivot Tables will be crucial for the role and can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you've influenced commercial outcomes in previous roles. This will demonstrate your fit for the position and your potential to contribute effectively to the team.
We think you need these skills to ace Commercial Manager - Legal & General
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Commercial Manager role at Legal & General. Focus on your financial analysis capabilities, communication skills, and any previous commercial management experience.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Retail Protection business and how your background makes you a great fit. Mention specific examples of how you've contributed to similar roles in the past.
Highlight Key Skills: Emphasise your proficiency in Microsoft Excel and any experience with advanced functions like V Lookups and Pivot Tables. Also, mention your ability to build relationships with stakeholders and your problem-solving skills.
Show Enthusiasm for the Company: Demonstrate your passion for helping create brighter financial futures and your interest in Legal & General's mission. This can set you apart from other candidates and show that you're genuinely invested in the role.
How to prepare for a job interview at Jobs via eFinancialCareers
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Commercial Finance Manager at Legal & General. Familiarise yourself with their Retail Protection business and how it operates, especially around distributor propositions and financial analysis.
✨Showcase Your Analytical Skills
Since the role requires a strong understanding of financial analysis techniques, be prepared to discuss your experience with tools like Microsoft Excel. Highlight any advanced functions you've used, such as V Lookups and Pivot Tables, and provide examples of how you've applied these skills in previous roles.
✨Build Relationships
As a strong communicator, demonstrate your ability to build effective working relationships. Prepare examples of how you've influenced commercial outcomes in past positions and how you can apply this to work with key stakeholders at Legal & General.
✨Emphasise Problem-Solving Abilities
Legal & General values creative thinkers who can solve complex problems. Be ready to discuss specific challenges you've faced in previous roles and the innovative solutions you implemented. This will show your potential to contribute positively to their team.