Product Manager

We are looking for an experienced and collaborative Product Manager to join our Retail Protection team. In this role, you will take ownership of a portfolio of life, critical illness and income protection products, ensuring they deliver strong customer outcomes, fair value and commercial success. Working closely with a wide range of stakeholders, you will play a key role in shaping and evolving our product proposition while balancing customer needs, regulatory requirements and business objectives.

What you'll be doing:

• Developing and maintaining knowledge of the protection market, including competitor offerings, customer needs and regulatory developments.
• Identifying commercial opportunities through data analysis and customer insight, building robust business cases to enhance product propositions.
• Collaborating with distribution and internal stakeholders to ensure products are clearly understood and effectively positioned in the market.
• Leading and motivating cross‑functional, agile teams to deliver customer‑focused and commercially driven outcomes.
• Managing the full product lifecycle using established frameworks to support ongoing development and optimisation.
• Monitoring product performance, customer outcomes and operational risks, ensuring timely actions are taken where required.
• Preparing and presenting materials for governance forums and contributing to internal and external industry discussions.
• Building strong relationships with partners, including reinsurers, to refine product solutions and enhance market insight.

Who we're looking for:

• Strong experience managing and developing protection products such as life, critical illness or income protection.
• In‑depth knowledge of the UK protection market, including regulation and customer considerations.
• Proven ability to interpret data and market trends to identify opportunities and drive informed decision‑making.
• Strong commercial awareness with the ability to balance customer outcomes and business objectives.
• Excellent communication and influencing skills, with the confidence to engage stakeholders at all levels.
• Experience working collaboratively across teams and leading or supporting high‑performing delivery environments.
• Strong written and analytical skills, including developing clear and compelling business cases or reports.
• A proactive and adaptable mindset, with the ability to manage competing priorities and drive positive change.

Benefits:

• The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Healthcare plan (permanent employees only).
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There is also the option to buy and sell holiday.
• Competitive family leave.
• Participate in our electric car scheme, offering employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice (permanent employees only).
• Many discounts on our own products and at a range of high street stores and online.
• We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience.

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 well‑being, we empower you through initiatives that support career development and excellence. 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.