Senior Product Manager

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VN-5741

Permanent

One Coleman Street, London

Competitive + Benefits + Bonus

31 December 2017

To be a part of the development of a market leading vision and strategy for DC Workplace Savings product & proposition.  To manage the delivery of market leading, compliant products and propositions and the achievement of Workplace Savings targets and ambitions for market share

  • To maintain a strong awareness of relevant market activity, regularly liaising and taking input from Distribution colleagues and their strategic external contacts, and to work closely with others in the Product team to develop specific visions and strategies that contribute to the future direction of the business
  • To fully support the product requirements of our Independent Governance Committee and Mastertrust Trustees, preparing and submitting papers for discussion and attending their meetings to present ideas for their review and approval as necessary.
  • To develop and deliver an AUM and revenue generating product proposition strategy that ensures the needs and expectations of identified customer groups are met, complies with industry regulations and mitigates any potential operational and legal risks to which Legal & General Investment Management might be exposed.
  • To support the continued development of a strategy to ensure products are launched and maintained according to the Product Development Model so that the needs of the customers are met and in line with Legal & General’s Customer Experience and Treating Customers Fairly policy
  • To manage the design and delivery of product initiatives to agreed timescales and budgets, keeping key stakeholders aware of progress and highlighting matters for resolution as appropriate.  To ensure all product developments (including launches, amendments and closures) are innovative and drive clear customer outcomes, whilst being delivered in a compliant and timely way
  • To ensure regular analysis of customer, industry and regulatory activity, recommend where strategic changes may be required affecting our existing products and propositions and to drive through necessary enhancements, developments and changes, providing business cases where necessary to justify expenditure and thereby ensuring the maintenance of a market leading product proposition.
  • Provide detailed product and propositional input at key client meetings and in appropriate internal management meetings.  Interface with other internal business areas and external third parties to present, discuss and agree product plans and initiatives both internally and externally to clients and partners and present as required more generally in the industry market place to ensure continuation of market leading status.
  • Develop close working relationships with influencers throughout LGIM to resolve barriers to the achievement of agreed business critical objectives either internally or externally with clients or intermediaries.  Review issue status, prioritise and drive through the changes required, making extensive use of communication skills, personal expertise and own contact network to achieve the required outcome

Qualifications:

  • Degree qualified or equivalent
  • Professional qualifications in relation to the role are desirable

Knowledge:

  • Experience and knowledge of workplace pension product and proposition design, of strategy and of corporate client needs
  • Experience within the proposition and strategy team of a provider, asset manager and/or EBC
  • Comprehensive product knowledge in relation to the DC marketplace and of regulations to achieve required standards of product management
  • Commercial awareness of market dynamics, market evolution and of the competitive landscape to ensure that LGIM bundled and unbundled products are well positioned

Skills:

  • Demonstrable communication/presentation skill – previous client facing experience with FTSE 250 employers is a requirement

 

Here at LGIM we are an equal opportunity employer and value the diversity of our employees. We believe everyone should have opportunities to grow and progress, regardless of their status and we do not discriminate on the basis of race, religion or belief, colour, national origin, gender or gender reassignment, sexual orientation, age, marital or civil partnership status, or disability.

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday, private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.

About L&G

LGIM is the investment management arm of Legal & General Group, a FTSE 100 company. We are one of Europe’s largest asset managers and a major global investor, with global assets of £894bn/U$1,105bn/ €1,047 billion*.  Our success comes from our focus on clients - providing them with services and solutions that meet their needs. We offer strategies across the full spectrum of asset classes, including equities, bonds, property, alternatives and cash, as well as multi-asset strategies tailored to the needs of institutional and retail investors.

LGIM is one of the world’s leading providers of index fund management. We are at the forefront of developments in liability-driven risk management solutions for defined benefit pension schemes, a leading provider of defined contribution solutions and also offer wide range of strategies to help our clients manage their investment objectives. LGIM continues to innovate as markets evolve, building strong relationships with clients including pension scheme, sovereign wealth funds, wealth managers and other professional investors.

We understand that our scale brings responsibilities. We play an active role in the companies we invest in, from exercising shareholder voting rights to directly engaging with companies at a board level. By engaging with businesses, we aim to unlock value for investors and shape the future and sustainability of financial markets.

In addition to having a leading position in the UK, we have selectively expanded into new markets across Europe, the Middle East, Asia and the US. We believe that translating our capabilities to reflect the needs of our international clients will mean we are well placed to help them achieve their objectives.

*as at 31 December 2016, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.

About the business area

Legal & General Investment Management (LGIM) is one of Europe’s largest institutional asset managers and a major global investor. And throughout the past 40 years we’ve built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions.

To be a part of the development of a market leading vision and strategy for DC Workplace Savings product & proposition.  To manage the delivery of market leading, compliant products and propositions and the achievement of Workplace Savings targets and ambitions for market share

About L&G

LGIM is the investment management arm of Legal & General Group, a FTSE 100 company. We are one of Europe’s largest asset managers and a major global investor, with global assets of £894bn/U$1,105bn/ €1,047 billion*.  Our success comes from our focus on clients - providing them with services and solutions that meet their needs. We offer strategies across the full spectrum of asset classes, including equities, bonds, property, alternatives and cash, as well as multi-asset strategies tailored to the needs of institutional and retail investors.

LGIM is one of the world’s leading providers of index fund management. We are at the forefront of developments in liability-driven risk management solutions for defined benefit pension schemes, a leading provider of defined contribution solutions and also offer wide range of strategies to help our clients manage their investment objectives. LGIM continues to innovate as markets evolve, building strong relationships with clients including pension scheme, sovereign wealth funds, wealth managers and other professional investors.

We understand that our scale brings responsibilities. We play an active role in the companies we invest in, from exercising shareholder voting rights to directly engaging with companies at a board level. By engaging with businesses, we aim to unlock value for investors and shape the future and sustainability of financial markets.

In addition to having a leading position in the UK, we have selectively expanded into new markets across Europe, the Middle East, Asia and the US. We believe that translating our capabilities to reflect the needs of our international clients will mean we are well placed to help them achieve their objectives.

*as at 31 December 2016, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.

About the business area

Legal & General Investment Management (LGIM) is one of Europe’s largest institutional asset managers and a major global investor. And throughout the past 40 years we’ve built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions.

To be a part of the development of a market leading vision and strategy for DC Workplace Savings product & proposition.  To manage the delivery of market leading, compliant products and propositions and the achievement of Workplace Savings targets and ambitions for market share