Commercial Analyst - Life & Pensions (Transformation)
Commercial Analyst - Life & Pensions (Transformation)

Commercial Analyst - Life & Pensions (Transformation)

Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
M&G

At a Glance

  • Tasks: Analyse commercial performance and support strategic initiatives in Life & Pensions.
  • Company: Join M&G, a leading savings and investments firm with a diverse workforce.
  • Benefits: Enjoy flexible working, generous pension contributions, and 38 days annual leave.
  • Other info: Inclusive culture welcoming diverse backgrounds and offering excellent career growth.
  • Why this job: Make a real impact by driving transformation and delivering measurable value.
  • Qualifications: Experience in financial services, strong analytical skills, and proficiency in data tools.

The predicted salary is between 55000 - 65000 £ per year.

We’re building something bigger, and better, that makes delivering change across our organisation easier, smarter and genuinely enjoyable for colleagues. M&G Life supports over 5 million customers with more than £300bn invested across our products. We’re looking for an Investment Outcome Analyst to help M&G Life deliver its strategic priorities as a Commercial Analyst within the Life & Pensions Transformation team. You’ll turn complexity into clarity by supporting the Commercial Portfolio Director, tracking and analysing the commercial performance of the transformation portfolio and linking outcomes (including financial) to strategic priorities. You’ll partner with stakeholders across the business to deliver commercial analysis that informs strategic change, strengthens decision‑making and ensures transformation initiatives deliver real, measurable value.

We seek professionals with significant experience delivering in Commercial Analyst or Business Performance roles as this is not an early‑career position.

Key Responsibilities
  • Assist in developing and reviewing business cases for new initiatives and product launches to ensure investments are optimised.
  • Support the production of commercial performance reporting across the change spend, helping to identify trends, risks and opportunities.
  • Understand the key drivers behind change‑driven outcomes while providing robust, challenging partner input and highlighting areas requiring action.
  • Identify and initiate change to assist the delivery of key commercial and financial targets.
  • Help build and maintain a reliable MI that enables timely, accurate and real‑time commercial insights.
  • Contribute to investment prioritisation and benchmarking by analysing value, trade‑offs and commercial impact.
  • Work collaboratively with Finance, Technology, Risk, Compliance and Product teams to share insights, validate data and support cross‑functional analysis.
  • Prepare insights and materials for portfolio alignment meetings.
Required Knowledge, Skills & Experience
  • Experience working within Financial Services environments, ideally Life & Pensions, and knowledge of product and propositions.
  • Strong commercial and financial analytical skills (preferably finance experience as well), applying structured thinking to assess commercial performance.
  • Experience analysing projects with data analysis, financial modelling or project support.
  • Proficiency in Excel and comfortable using data tools, with experience of visualisation tools essential for presenting clear, actionable insights.
  • Excellent communication skills and ability to work effectively with multiple stakeholders, ensuring alignment and informed decision making.
  • Ability to manage multiple priorities in a dynamic team environment, balancing deadlines while maintaining accuracy and attention to detail.
Benefits & Working Arrangements

We’ll 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. Our UK benefits include:

  • A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
  • Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
  • 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
  • Comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
  • Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
Location & Details

Location: Various – London, Sterling, Kildean
Job Level: Manager / Expert
Reports to: Vincent Howard White
Recruiter: Shanika-Marie John

Inclusive Employment

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee‑led networks that provide networking opportunities, advice and support for the diverse communities our colleagues represent. 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. 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

Commercial Analyst - Life & Pensions (Transformation) employer: M&G

M&G Life is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive benefits including a generous pension scheme, flexible working arrangements, and comprehensive health coverage. Our inclusive culture fosters diversity and supports all employees, making M&G Life a rewarding place to build a meaningful career in the financial services sector.
M&G

Contact Detail:

M&G Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Analyst - Life & Pensions (Transformation)

✨Tip Number 1

Network like a pro! Reach out to current employees at M&G Life on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.

✨Tip Number 2

Prepare for those interviews by knowing your stuff! Research M&G Life’s recent projects and how they align with their strategic priorities. This shows you’re genuinely interested and ready to contribute.

✨Tip Number 3

Practice your analytical skills! Be ready to discuss how you've turned complex data into actionable insights in past roles. Use examples that highlight your commercial acumen and problem-solving abilities.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at M&G Life.

We think you need these skills to ace Commercial Analyst - Life & Pensions (Transformation)

Commercial Analysis
Financial Analytical Skills
Data Analysis
Financial Modelling
Excel Proficiency
Data Visualisation Tools
Stakeholder Management
Attention to Detail
Structured Thinking
Project Support
Change Management
Performance Reporting
Collaboration
Dynamic Prioritisation

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Commercial Analyst role. Highlight your experience in financial services, especially in Life & Pensions, and showcase how your skills align with the key responsibilities mentioned in the job description.

Showcase Your Analytical Skills: Since this role requires strong commercial and financial analytical skills, be sure to include specific examples of how you've used data analysis or financial modelling in your previous roles. We want to see how you turn complexity into clarity!

Communicate Clearly: Excellent communication is key for this position. When writing your application, ensure that your language is clear and concise. Use bullet points where necessary to make your achievements stand out and easy to read.

Apply Through Our Website: We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and efficiently. Plus, it’s the best way to stay updated on your application status!

How to prepare for a job interview at M&G

✨Know Your Numbers

As a Commercial Analyst, you'll be expected to have a strong grasp of financial metrics. Brush up on key performance indicators relevant to the Life & Pensions sector. Be ready to discuss how you've used data analysis to drive decisions in your previous roles.

✨Showcase Your Stakeholder Skills

Collaboration is key in this role. Prepare examples of how you've worked with cross-functional teams in the past. Highlight your communication skills and how you’ve ensured alignment among stakeholders to achieve strategic goals.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think about complex situations you've faced and how you turned them into actionable insights. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Familiarise Yourself with M&G's Values

Research M&G Life’s mission and values. Be prepared to discuss how your personal values align with theirs and how you can contribute to their goal of delivering change that is enjoyable for colleagues and beneficial for customers.

Commercial Analyst - Life & Pensions (Transformation)
M&G

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