Account Development Consultant

Account Development Consultant

Full-Time 48987 - 54830 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Engage with advisers, build relationships, and support financial services growth.
  • Company: Join a forward-thinking finance group committed to transformation and inclusivity.
  • Benefits: Competitive salary, extensive benefits, hybrid working, and career development opportunities.
  • Other info: Diverse and inclusive workplace with a focus on personal growth.
  • Why this job: Be part of a team shaping the future of finance for good.
  • Qualifications: Understanding of financial regulations and strong communication skills.

The predicted salary is between 48987 - 54830 £ per year.

Salary Range: £48,987 - £54,430

Flexible Working Options: Hybrid Working, Job Share

Location: Edinburgh or Bristol

Hours: 35 hours, full time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at one of our high hubs.

We’re on an exciting journey to transform our Group and the way we shape finance for good. We’re focusing on the future - investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone, including you! This is an exciting opportunity to join us as an Account Development Consultant (ADC) in the EBC Mega team responsible for distribution of the Scottish Widows (SW) proposition. You’ll maintain and manage SWs profile across specified advisers, advocating a model of support for existing non-owned schemes and handovers to scheme relationship owners. Additionally, you’ll build rapport, trust, and customer confidence, presenting a professional image of Scottish Widows with Intermediaries.

What you will be doing:

  • Developing and implementing multi-level contact strategies across specified Adviser firms, supporting their consultant apparatus.
  • Maintaining a profile and owning team level interaction and communications with these relationships.
  • Optimising your profile with Advisers and owning team level interactions to develop and build a wider programme of communication between these relationships.
  • Distributing communications and updates to adviser firms, proactively promoting and engaging on specified topics to drive efficient methods of interactions and support.
  • Collaborating with distribution and operations colleagues to deliver a cohesive service to advisers.
  • Supporting new business teams with pipeline management.
  • Handover scheme restructure/ price review requests to the Relationship Management team.
  • Improving adviser satisfaction survey results, NPS.
  • Ensuring there is a consistent and quality response.
  • Leveraging support from stakeholders across operations, propositions, and intermediary/distribution teams where applicable.
  • Supporting activities that deliver growth of new schemes.

About you:

  • A thorough understanding of legislative and regulatory changes within the industry and using this to engage prospective clients.
  • A sound understanding of the competition and their proposition within this market.
  • You’ll clearly communicate the Scottish Widows Workplace proposition to prospective clients.
  • Keep up to date with industry news and regulatory changes.

Required Skills and Languages:

  • Financial Services
  • English

We are inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We welcome applications from under‑represented groups. We are disability confident. If you would like reasonable adjustments to be made to our recruitment processes, just let us know.

Account Development Consultant employer: Lloyds Banking Group

Join a forward-thinking organisation that prioritises employee well-being and professional growth, offering a competitive salary and an extensive benefits package. With a hybrid working model based in vibrant locations like Edinburgh or Bristol, you will thrive in a collaborative culture that values diversity and innovation, while playing a key role in shaping the future of finance for good.

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Contact Details:

Lloyds Banking Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Account Development Consultant

Tip Number 1

Network like a pro! Reach out to current employees on LinkedIn or at industry events. Ask them about their experiences and any tips they might have for landing the Account Development Consultant role.

Tip Number 2

Prepare for the interview by researching the company’s values and recent news. We want to see that you’re genuinely interested in how Scottish Widows is shaping finance for good!

Tip Number 3

Practice your pitch! Be ready to explain how your skills align with the role and how you can contribute to building rapport with advisers. Confidence is key!

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative!

We think you need these skills to ace Account Development Consultant

Account Management
Relationship Building
Communication Skills
Customer Engagement
Strategic Planning
Pipeline Management
Industry Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Account Development Consultant role. Highlight relevant experience and skills that match the job description, especially your understanding of financial services and client engagement.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Use it to showcase your passion for the industry and how your background aligns with our mission at Scottish Widows.

Showcase Your Communication Skills:Since this role involves building rapport with advisers, demonstrate your communication skills in your application. Use clear and concise language, and don’t shy away from sharing examples of how you've successfully engaged clients in the past.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role as quickly as possible!

How to prepare for a job interview at Lloyds Banking Group

Know Your Stuff

Make sure you have a solid understanding of the financial services industry, especially the legislative and regulatory changes. Brush up on Scottish Widows' offerings and how they stack up against competitors. This knowledge will help you engage confidently with interviewers.

Build Rapport

Since the role involves building relationships with advisers, practice your interpersonal skills. Think about how you can demonstrate your ability to connect with others during the interview. Maybe share a story where you successfully built a relationship in a previous role.

Showcase Communication Skills

As an Account Development Consultant, clear communication is key. Prepare to discuss how you would present the Scottish Widows proposition to prospective clients. You might even want to rehearse a brief pitch to show off your communication prowess.

Ask Insightful Questions

Prepare some thoughtful questions about the company’s future plans or their approach to adviser satisfaction. This shows that you're genuinely interested in the role and helps you assess if it's the right fit for you too.