At a Glance
- Tasks: Lead analysis for projects, optimise processes, and provide solutions to business problems.
- Company: M&G plc is a leading international savings and investments business with over 170 years of experience.
- Benefits: Flexible working arrangements, inclusive culture, and support for diverse communities.
- Why this job: Join a dynamic team focused on strategic objectives and making a real impact in financial services.
- Qualifications: Experience in fast-paced environments, cross-functional teams, and financial services preferred.
- Other info: We welcome applications from all backgrounds and offer support for candidates with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks.
The Role:
We are looking for an experienced Business Analyst to take a role in M&G Life to help achieve some of our key strategic objectives. You will lead the viability analysis for small to medium sized projects and support larger and more complex projects delivered by our strategic partners. You will work with the business and our strategic partners to analyse and understand business problems and opportunities based on an understanding of the desired business outcomes and strategic drivers. You will define your approach and plan for your business analysis work including stakeholder engagement and outcomes of analysis activity. This will also include working with the business to gather, analyse, challenge and prioritise business requirements in relation to the business problem. You will provide oversight and assurance of analysis and solution design activity delivered by our strategic partners.
Key responsibilities for this role:
- Identify and compare the best processes or delivery methods to use, including measuring and evaluating outcomes.
- Analyse current product/services and processes, and identify and implement opportunities to optimise these.
- Help to evaluate and establish requirements using relevant techniques such as gap analysis.
- Use quantitative and qualitative data to define outcomes and solutions.
- Investigate problems and analyse options for new and existing products and services.
- Provide recommendations to solutions; work with stakeholders to identify objectives, opportunities and potential benefits.
Key Skills, Competencies & Experience:
- Collaborate and communicate with sponsors and stakeholders across the organisation using a range of tools and approaches to elicit the best outcomes and level of engagement.
- Can interrogate and interpret data from a range of sources, for example user research and process performance metrics, and consequently help the team to make data driven decisions.
- Can create user flows, wireframes and map business processes which represent the current structure and future design of a product or service.
- Takes an innovative mindset to problem solving.
- Can identify opportunities and generate ideas for continuous improvement of the delivery model, and generates insight to address unmet user needs.
- Helps the team set and manage expectations.
- Identify key stakeholders; manage their needs in harmony with user needs, using evidence to justify their decisions.
- Should understand how to handle opposing views, and combine them to reach consensus.
- Comfortable working in Agile, Waterfall and hybrid projects, and understands the advantages and disadvantages of the different methodologies.
- Understands the importance of adhering to Change Governance standards.
Experience:
- Experience working in fast paced environments using different methodologies.
- Experience working in cross functional teams.
- Experience contributing to, and achieving, good customer outcomes.
- Experience in setting up and facilitating workshops to understand business needs, gather requirements and ensure the business and user needs continue to be met by the proposed solution.
- Experience of Financial Services products and practices.
- Experience of working with 3rd party partners and providers desirable but not essential.
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com
Contact Detail:
M&G plc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - M&G plc.
✨Tip Number 1
Familiarise yourself with M&G's core values and strategic objectives. Understanding their mission to provide confidence in financial services will help you align your responses during interviews and discussions, showcasing how your skills can contribute to their goals.
✨Tip Number 2
Network with current or former employees of M&G plc on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations for the Business Analyst role, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your knowledge of Agile and Waterfall methodologies, as well as any relevant financial services practices. Being able to discuss these methodologies confidently will demonstrate your readiness to adapt to M&G's working environment.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully analysed business problems and implemented solutions. Highlighting your analytical skills and problem-solving abilities will resonate well with the hiring team at M&G.
We think you need these skills to ace Business Analyst - M&G plc.
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Business Analyst role at M&G plc. Focus on your analytical skills, experience in financial services, and any methodologies you are familiar with, such as Agile or Waterfall.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific projects or experiences that demonstrate your ability to analyse business problems and provide solutions, as well as your collaborative approach with stakeholders.
Showcase Relevant Skills: Highlight key skills mentioned in the job description, such as data interpretation, user flow creation, and stakeholder management. Use examples from your past work to illustrate how you've successfully applied these skills.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Business Analyst role.
How to prepare for a job interview at M&G plc.
✨Understand the Role and Responsibilities
Before your interview, make sure you thoroughly understand the job description for the Business Analyst position. Familiarise yourself with key responsibilities such as leading viability analysis and stakeholder engagement. This will help you articulate how your skills align with their needs.
✨Prepare for Data-Driven Questions
Given the emphasis on data analysis in this role, be ready to discuss your experience with quantitative and qualitative data. Prepare examples of how you've used data to drive decisions or improve processes in previous roles.
✨Showcase Your Problem-Solving Skills
M&G plc values an innovative mindset. Be prepared to discuss specific instances where you've identified opportunities for improvement or solved complex problems. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Your Collaborative Approach
Collaboration is key in this role, so think of examples that highlight your ability to work with cross-functional teams and manage stakeholder expectations. Discuss how you've successfully navigated differing opinions to reach consensus in past projects.