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- Tasks: Support product analysis and improve processes for legacy life insurance products.
- Company: Join a leading financial services firm in Glasgow with a collaborative culture.
- Benefits: Competitive salary, performance bonuses, hybrid working, and comprehensive benefits.
- Why this job: Make a real impact in the financial sector while developing your skills.
- Qualifications: Experience in UK life insurance and strong analytical skills required.
- Other info: Great opportunities for professional development in a dynamic team.
The predicted salary is between 50000 - 75000 ÂŁ per year.
Product Specialist
Location: Glasgow (two days in office)
Salary: ÂŁ62,500
About the Role
MRG is delighted to be working with one of our key financial services clients in Glasgow, who is looking for a Product Specialist, to join their brand new Product team. We\’re looking for someone with strong product knowledge and analytical experience to join their Actuarial Valuation team. This role supports the delivery of high-quality product analysis by providing subject matter expertise (SME) on legacy life insurance products, working both independently and collaboratively across the business.
You will play a key role in supporting the wider organisation’s understanding of legacy products, contributing technical insight, and helping to drive improvements in processes and analysis. Reporting directly to the Head of Actuarial Valuation, you will work closely with other SMEs, team leaders, and business managers across multiple functions.
Key Responsibilities
SME Support
- Act as a subject matter expert on legacy life insurance products, supporting a range of business projects and business-as-usual activities.
- Provide specialist input to improve processes, documentation, and understanding across teams.
- Document and challenge existing (“as-is”) processes, proposing enhancements based on best practice and professional experience.
- Investigate and resolve queries relating to legacy products, acting as the lead point of contact for the business.
- Participate actively in team meetings and job chats, contributing to ongoing development discussions.
Technical Support & Analysis
- Support the delivery of actuarial and product analysis across a range of business areas.
- Assist in the production of technical deliverables, including data validation, reconciliations, and analytical reports.
- Contribute to the implementation of regulatory changes and strategic initiatives by supporting process updates and maintaining clear documentation.
Collaboration & Communication
- Work closely with other business functions — including Customer Services, Finance, Commercial, and Risk & Compliance — to support cross-functional projects and enhance operational understanding.
- Prepare and, where required, present reports and papers for internal committees and governance forums.
About You
Essential Skills & Experience
- Significant experience within a UK life insurance company.
- Strong technical understanding of life insurance products.
- Relevant experience in either actuarial valuation, project, or change environments.
- Proven ability to work independently and deliver solutions to complex problems.
- Excellent written and verbal communication skills.
Desirable
- Strong Excel and analytical skills.
- Experience working with with-profits products.
- Exposure to business or regulatory change projects.
What On Offer
- Competitive salary and performance-based bonus
- Hybrid / flexible working options
- Comprehensive benefits package including pension and insurance cover
- Professional development opportunities within a collaborative actuarial environment
Product Specialist employer: MAC Recruit Group Ltd
Contact Detail:
MAC Recruit Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at the company you're eyeing. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by brushing up on your product knowledge. Make sure you can discuss legacy life insurance products confidently, as this will show you're the right fit for the role.
✨Tip Number 3
Practice your communication skills! Whether it's presenting reports or discussing complex topics, being clear and concise will set you apart from other candidates.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining the team.
We think you need these skills to ace Product Specialist
Some tips for your application 🫡
Know Your Stuff: Make sure you highlight your strong product knowledge and analytical experience in your application. We want to see how your expertise aligns with the legacy life insurance products we work with.
Show Your Problem-Solving Skills: Don’t just list your experience; tell us about specific challenges you've faced and how you tackled them. We love seeing candidates who can think critically and deliver solutions to complex problems.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to communicate your ideas effectively. Remember, excellent written communication skills are key for this role!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.
How to prepare for a job interview at MAC Recruit Group Ltd
✨Know Your Products Inside Out
Make sure you brush up on your knowledge of legacy life insurance products. Be prepared to discuss specific examples and how they relate to the role. This will show that you’re not just familiar with the terminology but can also apply your understanding in practical scenarios.
✨Showcase Your Analytical Skills
Since the role involves a lot of analysis, be ready to demonstrate your analytical skills. Bring examples of past projects where you’ve used data validation or reconciliations to solve complex problems. This will highlight your ability to deliver high-quality product analysis.
✨Prepare for Collaboration Questions
Expect questions about teamwork and collaboration, as this role requires working closely with various business functions. Think of instances where you’ve successfully collaborated on cross-functional projects and be ready to share those experiences.
✨Communicate Clearly and Confidently
Strong communication skills are essential for this position. Practice articulating your thoughts clearly, especially when discussing technical concepts. You might even want to prepare a short presentation on a relevant topic to showcase your ability to convey complex information effectively.