Product Principal, Insurance

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VN-20411

Permanent

London

Competitive salary, benefits and bonus

31 December 2021

Due to growth within our Product team we're hiring a Product Principal to join us, focusing on managing the development and design of market leading, competitively differentiated and compliant products and propositions across LGIM’s Insurance business globally.

If you have experience within Product Management, Product Strategy or Product Governance with excellent project management skills and technical knowledge of investment products we'd love to hear from you!

  • To develop, drive 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
  • Managing 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. 
  • Ensuring that all product developments (including launches, amendments and closures) are innovative and drive clear customer outcomes, whilst being delivered in a compliant and timely way
  • Maintaining a strong awareness of relevant market activity and working closely with senior product team colleagues to develop specific visions and strategies that contribute to the future strategic direction of the business
  • Presenting, discussing and agreeing 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
  • Defining, developing and delivering a strategy to ensure products are launched and maintained according to the Product Development Model and the Product Lifecycle Management framework so that the needs of the customers are met 
  • Working with “key corporate relationships” to positively promote products and funds, to identify solutions and maximise the opportunities from new and existing fund and product solutions.  To provide detailed product and propositional input at strategic and other senior key client meetings and in appropriate internal senior management meetings
  • 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.  You'll be reviewing issue status, prioritising and driving through the changes required, making extensive use of leadership skills, personal expertise and own senior contact network to achieve the required outcome.
  • Taking the lead in all matters with regard to the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures including the Partnership Agreement to maximise business performance
  • Experience and knowledge of product conceptualisation and proposition design, of strategy and of client needs
  • Excellent knowledge of the international asset management industry and an in-depth technical knowledge of investment products is essential
  • Strong technical knowledge of European insurance companies and their investment and product needs is essential
  • Previous experience in launching, registering, operating and amending pooled investment funds in a variety of fund domiciles and jurisdictions would be welcome
  • Commercial awareness of market dynamics, market evolution and of the competitive insurance landscape to ensure that LGIM products are well positioned and where necessary devise sales strategies in conjunction with the distribution team
  • Industry awareness of the changing regulatory framework, central clearing, forthcoming UCITS changes, etc. highly desirable

 

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.

About L&G

As a company, to be one of the world's largest Asset Managers, homebuilders, pension providers and insurances brands, we are diverse by our very nature. And we're a company that wants to use our diversity and influence to make society better in the long term - for everyone. To do this we need to be a company that welcomes everyone, where everyone can succeed. That means we're committed to building an inclusive culture in L&G where we can all perform at our best, no matter who we are, what we do or where we do it. So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

About the business area

LGIM manages fixed income, equity, multi-asset, liability-driven investment, property and alternative solutions on behalf of its clients. Located across the globe, our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. In order to meet the complex and evolving investment needs of our clients, we focus on remaining at the forefront of investment product innovation and maintaining our reputation as experts across all asset classes.

Our commitment to Equal Opportunities

We’re an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.

Does this opportunity excite you but you’re not 100% sure if you meet all the requirements for the role? Or are you concerned that ‘normal’ office hours aren’t possible given your personal circumstances? We’re aware that candidates, especially women, can be put off from applying for a job unless they tick every box, or candidates who are parents or have other caring responsibilities may not think they can achieve the flexibility they need. If this is you, we’re keen to connect; and whilst we can’t accommodate every flexible working request, we’ll try to find a practical solution. So why not apply?

 

How to find out more

If you’d like more information about this opportunity please contact Sarah Sayeed at Sarah. Sayeed@landg.com (LinkedIn: https://www.linkedin.com/in/sarah-sayeed-b6000775). Please note direct applications via email cannot be accepted for this role; only applications submitted through our careers website will be considered.

About L&G

As a company, to be one of the world's largest Asset Managers, homebuilders, pension providers and insurances brands, we are diverse by our very nature. And we're a company that wants to use our diversity and influence to make society better in the long term - for everyone. To do this we need to be a company that welcomes everyone, where everyone can succeed. That means we're committed to building an inclusive culture in L&G where we can all perform at our best, no matter who we are, what we do or where we do it. So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

About the business area

LGIM manages fixed income, equity, multi-asset, liability-driven investment, property and alternative solutions on behalf of its clients. Located across the globe, our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. In order to meet the complex and evolving investment needs of our clients, we focus on remaining at the forefront of investment product innovation and maintaining our reputation as experts across all asset classes.

Our commitment to Equal Opportunities

We’re an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.

Does this opportunity excite you but you’re not 100% sure if you meet all the requirements for the role? Or are you concerned that ‘normal’ office hours aren’t possible given your personal circumstances? We’re aware that candidates, especially women, can be put off from applying for a job unless they tick every box, or candidates who are parents or have other caring responsibilities may not think they can achieve the flexibility they need. If this is you, we’re keen to connect; and whilst we can’t accommodate every flexible working request, we’ll try to find a practical solution. So why not apply?

 

How to find out more

If you’d like more information about this opportunity please contact Sarah Sayeed at Sarah. Sayeed@landg.com (LinkedIn: https://www.linkedin.com/in/sarah-sayeed-b6000775). Please note direct applications via email cannot be accepted for this role; only applications submitted through our careers website will be considered.