At a Glance
- Tasks: Lead technical integrity for life and pension products, ensuring compliance and operational excellence.
- Company: Join a historic savings and investments firm with a commitment to innovation and integrity.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and comprehensive health cover.
- Other info: Flexible working arrangements and a supportive, inclusive culture await you.
- Why this job: Make a real impact in a dynamic role that shapes financial solutions for customers.
- Qualifications: Experience in legislation and regulation related to life and pension products is essential.
The predicted salary is between 60000 - 75000 £ per year.
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions. Through 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.
The Proposition Technical Manager role within the Proposition Team supports technical integrity across Individual Life & Pensions (IL&P) propositions, providing oversight and input into product development, regulatory implementation, and operational change. It works closely with proposition, risk, compliance, and operations teams to ensure that customer outcomes and technical robustness are maintained.
Key responsibilities:
- Provide expert direction, insight and guidance to internal stakeholders to ensure business integrity and compliance with legislation, regulation and industry best practice within area of specialism e.g. bonds, ISA, tax, trusts, pensions and annuities.
- Monitor the legislative/regulatory landscape, HMRC and industry practice to identify potential areas of risk, opportunity or change impacting M&G and ensuring relevant stakeholders are informed.
- Analysis and impact assessment of relevant legislative change from consultation through to final regulations and subsequent change.
- Provide technical input to M&G consultation responses, whether directly or through relevant industry bodies.
- Engage with industry bodies (e.g. ABI, SPC), government, and regulators to help influence outcomes aligned with M&G's position.
- Provide technical consultancy and support to operations areas, including complaints, in the resolution of complex case work.
- Communication of ad-hoc regulatory tax changes to operational technical teams and technical SMEs.
- Work with marketing and other relevant stakeholders to ensure that formal product documentation is technically accurate and fit for purpose.
- Lead and manage tasks and technical deliverables allocated by the Head of Proposition Integrity and Technical Excellence.
- Cross functional collaboration with other key stakeholder areas, e.g. Transformation, Risk, closed propositions as required.
Key skillsets, knowledge, and experience:
- Substantial understanding of tax legislation and the regulatory environment related to individual life and pension products.
- Significant experience and knowledge of all aspects of legislation, regulation and industry practice relevant to individual life and pension products.
- Experience of working with and influencing stakeholders of all levels throughout the business.
- Strong communication skills, with the ability to explain complex technical subjects clearly to stakeholders.
- Ability to identify, assess, and help mitigate technical risks while recognising emerging opportunities and threats.
- Proven experience within the life and pensions industry in the relevant area of specialism.
Qualifications:
- FPMI/APMI, FPFS/APFS (Chartered Financial Planner), relevant degree or equivalent, or actively working towards.
What we offer:
At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days.
- 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.
We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent.
StudySmarter Expert Advice🤫
We think this is how you could land Proposition Technical Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like M&gprudential. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Proposition Technical Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to M&gprudential.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on M&gprudential's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at M&gprudential
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with M&gprudential.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at M&gprudential will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former M&gprudential employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
