At a Glance
- Tasks: Manage and support the development of individual annuity propositions to help customers achieve their goals.
- Company: Join Standard Life, a leading retirement specialist with over 200 years of experience.
- Benefits: Enjoy a competitive salary, excellent pension scheme, private medical insurance, and 38 days holiday.
- Other info: We value diversity and welcome applicants from all backgrounds.
- Why this job: Make a real impact in the retirement market while working flexibly between home and office.
- Qualifications: Experience in financial services and knowledge of individual annuities is essential.
The predicted salary is between 50000 - 50000 £ per year.
Job Type: 6 month FTC (parental leave cover)
Location: This role can be based in either our London or Edinburgh office, with some flexibility to work between the office and home. We will discuss what is important to you, balancing this with business requirements during the recruitment process.
Salary and Benefits: c.£50,000 (subject to experience) + bonus (pro-rated), excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays (pro-rated), plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!
If you're someone who prides themselves on customer centricity, thrives in finding solutions and driving value, our Proposition Manager could be the role for you! This is a great Secondment opportunity to join our Individual Annuities Proposition team within our Individual Retirement Solutions (RS&AM) business.
Who are we?
We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.
The Team
Our Retirement Solutions team aim to offer more choice for customers at retirement. The Individual Annuities Proposition team purpose is to develop and evolve our proposition by understanding our customer and intermediary needs, and provide solutions that exceed their expectations.
The Role
Your role will be to manage and support the development of our new individual annuity proposition so it continues to help customers achieve their goals, and that we continue to meet the commitments we have made to our customers. Key responsibilities include:
- Supporting the delivery of the Individual Annuity and wider business strategy and commercial objectives across all channels.
- Assisting colleagues in Distribution and Operations, acting as a proposition subject matter expert, to help meet the needs of customers operating in our target market.
- Working collaboratively with the wider business and provide active support to aid key business deliveries.
- Maintaining ongoing proposition governance activities to ensure we deliver fair outcomes and value for money, and that performance remains in line with expectations set.
- Ensuring the proposition area adheres to all relevant policies and risks, as well as adhering to market and regulatory requirements.
- Staying abreast of market and regulatory developments to understand the impact on our customers and our proposition.
- Assessing the competitiveness of our proposition in the market and highlighting areas to improve our commercial performance.
What are we looking for?
The UK retirement market is complex and interconnected. So, as a team, we need to be aware of trends and activity in the wider retirement market to fulfil our role and support our customers.
You will need to be a team player, but we also need you to be an individual: one who is flexible and adaptable but is also able to overcome challenges and do the right thing for the customer. To support this you should:
- Have a good working knowledge of the Financial Services industry and the individual annuities market.
- Have experience delivering, or supporting the delivery of, products and propositions.
- Understand the key current and future UK regulations including Consumer Duty and its expectations on a Product & Proposition Team.
- Be able to ensure that the proposition continues to deliver on all promises made to customers, deliver good customer outcomes, operate in line with definitions and remain suitable for target markets.
- Be as confident and as content “reading the rules”, as you are assessing the consequences, developing next steps, communicating ideas and implementing them.
- Be able to develop and maintain communication and relationships at all levels of the Group across different business channels, using your judgement to make good, well informed, decisions and help others to do so.
We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out.
Individual Annuity Proposition Manager, RS&AM (6m FTC) in London employer: Phoenix Group
Standard Life is an exceptional employer that prioritises flexibility and employee well-being, offering a generous benefits package including 38 days of holiday, private medical insurance, and a robust pension scheme. With a strong focus on career development and a collaborative work culture, employees are encouraged to thrive in their roles while making a meaningful impact in the retirement solutions sector. Located in vibrant cities like London and Edinburgh, Standard Life provides a dynamic environment where innovation and customer-centricity are at the forefront.
StudySmarter Expert Advice🤫
We think this is how you could land Individual Annuity Proposition Manager, RS&AM (6m FTC) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out as someone who truly gets what they're about.
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the Individual Annuity Proposition Manager role. Highlight your experience in financial services and how you can drive value for customers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at Standard Life.
We think you need these skills to ace Individual Annuity Proposition Manager, RS&AM (6m FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Individual Annuity Proposition Manager role. Highlight your experience in the Financial Services industry and any relevant skills that align with our customer-centric approach.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've delivered solutions in the past and how you can help us exceed customer expectations.
Showcase Your Team Spirit:We love team players! In your application, mention instances where you've collaborated with others to achieve common goals. This will show us that you can thrive in our flexible and supportive environment.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, we review applications as they come in, so get yours in early!
How to prepare for a job interview at Phoenix Group
✨Know Your Stuff
Make sure you brush up on your knowledge of the individual annuities market and the Financial Services industry. Familiarise yourself with current regulations like Consumer Duty, as this will show that you're not just a candidate, but someone who understands the landscape and can contribute meaningfully.
✨Show Your Customer-Centric Side
Since the role is all about customer centricity, be prepared to share examples of how you've put customers first in your previous roles. Think about specific situations where you’ve driven value or found solutions that exceeded expectations—this will resonate well with the interviewers.
✨Be a Team Player
Highlight your ability to work collaboratively across different teams. Prepare to discuss instances where you’ve supported colleagues or contributed to team goals. This role requires flexibility and adaptability, so showcasing your teamwork skills will be key.
✨Ask Smart Questions
Prepare thoughtful questions about the company’s strategy and how the Individual Annuities Proposition team fits into the bigger picture. This shows your genuine interest in the role and helps you assess if the company culture aligns with your values.
