We're hiring a Product Principal to focus on our Index and ETF products which is an area of expansion for 2022, hence this newly created position. You'll be responsible for managing the strategy, development and design of market leading, competitively differentiated and compliant Index and ETF products and propositions, across LGIM’s Institutional and Retail products. 

• Establish and direct an Index and ETF Product function, providing leadership and strategic direction to an initial team of two; working as a member of the Product Strategy & Development leadership team supporting the entire team with prioritisation, leadership and development
• Developing, driving and delivering 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 LGIM might be exposed
• 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
• Maintain a strong awareness of relevant market activity and work closely with senior Product, Distribution and Investment colleagues to develop specific visions and strategies that contribute to the future strategic direction of the business
• Interface with other internal business areas, to define, present, discuss and agree product plans and initiatives; take ownership for the ongoing prioritisation of the product plan for the Index and ETF business
• Define, develop and deliver a strategy to ensure products are launched and maintained according to the Product Development Model and the Product Lifecycle Management framework 
• Ensuring regular analysis of customer, industry and regulatory activity; recommending where strategic changes may be required that affect our existing products and propositions and driving through necessary enhancements, developments and changes
• Contributing, with other members of the Product Strategy & Development team, to triaging new ideas and provide input to the planning stage/product proposal to identify the demand, design and impact of a new initiative on LGIM
• Developing 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
• Supply technical expertise to internal stakeholders about product structures and processes, attend internal product governance committees as required, and ensure existing products remain appropriate, compliant and legal for the market by co-ordinating changes to existing product structures

• Deep understanding of ETF & Index investment strategies including Liability Driven Investing, Fund of Funds, Real Assets, Active and Index fund structures including: ETFs, unit-linked insurance vehicles, OEICs, SICAVs, ACS, Unit Trusts, Liquidity Funds, QIAIFs, and potential new fund or product types.
• Experience of working within insurance and authorised fund regulatory environments – both in the UK and Europe.
• Understanding of the market dynamics, market evolution and competitive landscape for Index and ETFs
• Good knowledge of Investment and/or liability management strategies of defined benefit and defined contribution pension schemes.
• Experience in product conceptualisation, proposition design and implementation of products.
• Experienced in senior stakeholder engagement; ability to influence and engage at all levels across the firm and externally (suppliers and Boards etc.).
• Project management experience. 

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, 27 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, as well as a 12% car allowance scheme. Your hard work will be rewarded when you join us.