At a Glance
- Tasks: Drive and support the design of workplace pension investment propositions.
- Company: Join Lloyds Banking Group, a leader in innovative finance.
- Benefits: Generous pension contributions, performance bonuses, and 30 days' holiday.
- Other info: Hybrid working model with a focus on diversity and inclusion.
- Why this job: Make a real impact on customer outcomes in a dynamic environment.
- Qualifications: Experience in workplace pensions and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
LOCATION: Edinburgh or London
SALARY: Competitive - will be discussed at interview stage
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 our Edinburgh office.
About This Opportunity
We're looking for an Investment Proposition Manager to join our Investment Solutions team within Insurance, Pensions and Investments (IP&I). IP&I supports over 10 million customers across investments, retirement and insurance. Through Scottish Widows, we deliver high‑quality investment solutions and continue to evolve our proposition to meet changing customer needs and improve outcomes. This role sits within the Investment Proposition team, with a focus on Workplace Pensions. You'll support the design, development and ongoing management of the workplace investment proposition. Working closely with teams including asset allocation, portfolio management, risk and governance, you'll help ensure solutions meet regulatory requirements and deliver good member outcomes. You'll also contribute to proposition development, including sustainability and responsible investment. Your work will support improved customer outcomes and strengthen our workplace investment proposition.
What you'll be doing
- Driving and supporting solution design, evolution and ongoing management of the Workplace pension investment proposition, including default strategies and fund ranges.
- Working closely with propositional and governance colleagues, acting as a bridge between Investments and the wider business to translate strategy, regulation and insight into clear, deliverable investment solutions.
- Driving ongoing relevance of the proposition through analysis of customer needs, market developments and competitor trends, and translating this insight into proposition improvements.
- Supporting the full lifecycle management of workplace investment solutions, including enhancements to existing propositions and input to new solution development.
- Leading and contributing to investment design and policy activity, including proposition documentation, member‑facing materials and supporting tools.
- Providing targeted investment and proposition support to distribution teams when required, including engagement with Investment Distribution Specialists, and supporting external activity.
- Providing broader proposition support across Advice and Direct‑to‑Consumer channels when required.
- Contributing to governance frameworks and operating within defined risk, legal and regulatory standards.
What we're looking for
- Experience in Workplace DC pensions with a focus on investment proposition.
- Strong knowledge of default investment strategies, lifestyle strategies and workplace fund ranges.
- Understanding of the workplace pensions market including members, employers, trustees advisers and providers.
- Broad investment knowledge including asset allocation, fund structures and investment design.
- Experience contributing to investment proposition development within a pension provider consultancy or asset manager.
- Strong analytical skills with experience assessing market trends, customer needs and competitor positioning.
About working for us
Our ambition is to be the top tier UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days' holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
Ready for a career where you'll learn and thrive? Apply today and find out more.
Investment Propositions Manager employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer, offering a dynamic and inclusive work environment in either Edinburgh or London. With a strong commitment to employee growth, diversity, and wellbeing, we provide a competitive benefits package that includes generous pension contributions, flexible working patterns, and a focus on personal development. Join us to be part of a forward-thinking team that is shaping the future of finance while supporting over 10 million customers.
