Job Type: Perm Closing Date: 24th Jan 2025 Location and flexible working: London or Edinburgh.
We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.
Flexible working: All our roles are open to part-time, job-share and other types of flexibility.
We will discuss what is important to you and balancing this with business requirements during the recruitment process.
You can read more about Salary and benefits:£85,000 - £102,000 plus 30% - 60% bonus.
private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!
What We're Looking For The role holder will have significant areas or responsibility for working with the product owners in Individual Retirement Solutions to develop and launch new & innovative Retirement Solution propositions leading and deploying Standard Life 's proposition strategy, ensuring they meet customer/employer/adviser needs.
Responsible for working with IRS SMEs in the strategic design, development and management of propositions which support the delivery of the wider business strategy and commercial objectives across all channels whilst meeting the needs of customers, clients and advisers in target market(s) on an ongoing basis.
Responsibility for leading virtual teams from across Phoenix such as Legal, Marketing, Finance, Risk and Operations.
Working with external 3rd parties such as advisors, platform providers and technology developers.
The role holder will also be responsible for ensuring all new initiatives or changes to existing products are approved by the appropriate governing bodies, be this internal or external.
This will include working closely with Legal, Risk, Marketing and the owners of the relevant committees.
Who are we?
We want to be the best place that any of our 6600 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business.
We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure.
Around 1 in 5 people in the UK has a pension with us.
We're a FTSE 100 business that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet..
The role Lead the feasibility study for new, innovative strategic objectives by turning aspirational ideas from Product Owners and Senior Leaders into doable, costed and deliverable outcomes Lead a team built up from wider Group Functions such as Finance, Legal, Marketing, Technology and Operations to define, enhance and scope new strategic initiatives or enhance existing products.
Development of proposition responses to regulatory/legislative change where the opportunity exists to differentiate and/or gain competitive advantage Ensure financial and non financial benefits for all future initiatives are quantifiable and meet Group strategic targets Develop delivery structures with costed components and workstreams and use these to estimate initial high level costs for delivery Save significant spend by leading feasibility studies for strategic outcomes before incurring delivery spend Work with delivery teams to create business cases, initiation documents and fully supported delivery plans Ensure propositions continue to operate in line with definitions and remain suitable for target markets and lead the definition of the KPIs that will be used to manage and monitor the propositions Ensure financial impacts of delivery and customer behaviours are analysed to provide clear, understandable MI and used to identify opportunities to drive value for both customers and shareholders.
Work with the IRS SP&T architects, technology and assurance teams to scope new initiatives Lead the AOP process for the creation of costs, benefits and priorities by working across IRS and Finance Continually review ways to enhance efficiency and productivity to reduce costs.
Managing the integration of green light initiatives into delivery Creating auditable adherence to methodology and governance Ensuring all new or amended propositions are reviewed and agreed by the relevant committees in a timely manner.
Working with SMEs to draft input to committees and ensure all stakeholder management has been completed.
Working with committees owners to agree agenda items or in some instances to call special ad-hoc meetings to meet delivery timescales.
Ensuring the correct SMFs and authorised delegates have been identified and are actively involved in delivery.
Essential Has worked in similar roles for other retirement proposition companies Experience of working with pension platforms such as Bravura, Sonata, FNZ or other similar Experience of launching new retirement propositions Has worked in delivery roles in Financial Services for a significant amount of time Strong interpersonal and relationship building skills Desirable Able to take complex product detail and summarise for different audiences Comfortable presenting to groups of over 10 An understanding of the wider pensions industry #LI-HYBRID #LI-DS2 Posting Description for External Candidates