Assistant Investment Proposition Manager

M&G plc; Stirling; Hybrid; GBP 40,000 - 56,000; Full time

Benefits offered by this job

Pension scheme up to 18%

38 days annual leave

Hybrid working

Private healthcare

Life assurance

Job summary

M&G plc in Stirling or Edinburgh is recruiting an Assistant Investment Propositions Manager to support the management and governance of the PruFund and other life and unit-linked propositions. You will coordinate inputs from Investment Proposition Managers, prepare management information, and help ensure customer outcomes and regulatory compliance.

The role emphasises BAU delivery, data analysis, and collaboration with cross-functional teams, with hybrid working (2 days in the office).

Qualifications

• Experience in financial services, ideally within investment propositions, life and pensions, funds, product, operations, investment governance or a related area.
• Understanding of investment funds and how they are used within life, pension or retail investment propositions.
• Awareness of smoothed/with-profits funds, unit-linked funds and collective investments.
• Strong Microsoft Office knowledge with demonstrable capability in Excel.
• Clear written and verbal communication; ability to prepare concise papers and updates.

Responsibilities

• Proposition management and BAU support for retail investment propositions including PruFund and unit-linked funds.
• Undertake regular proposition and fund-related activities, including information gathering and action tracking.
• Assist with proposition change, fund developments, reviews and implementation activities.
• Coordinate inputs from relevant teams, ensuring dependencies and decisions are recorded.
• Support reviews of fund outcomes, governance and controls in line with regulatory requirements.

Skills

Financial services experience

Investment propositions knowledge

Excel

Analytical skills

Written and verbal communication

Stakeholder management

Collaboration

Customer focus

Education

Working towards IMC

Tools

Microsoft Office

Job description

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.The Role: Assistant Investment Proposition ManagerThis is a really exciting time to join a dynamic team that sits at the heart of the M&G Life business. Our remit is to own and manage the various investment propositions used by our customers, including our flagship £70bn PruFund proposition. We are at the forefront of shaping, governing and overseeing the outcomes we generate for our customers, and more importantly how we improve those outcomes in the future.The Assistant Investment Propositions Manager supports the effective management, development and ongoing governance & reporting of M&G Life investment propositions.Working alongside Investment Proposition Managers and the Fund Reporting Team, the role provides day-to-day proposition & reporting support, analysis, co-ordination and delivery across PruFund and other smoothed/with-profits funds, together with the wider unit-linked and OEIC fund ranges for which the team is responsible.The role focuses primarily on business-as-usual activity and defined work packages rather than leading major or complex initiatives. It helps ensure propositions continue to deliver good customer outcomes, remain aligned with regulatory expectations and internal frameworks, and support commercial and distribution objectives.Role contextM&G Life is a division of M&G plc. It runs the Prudential Assurance Company and is responsible for manufacturing and reviewing insurance products, including legacy business and life and pension products open to new business in the UK retail market.Key focus areasSupporting proposition managers with the ongoing management of PruFund, other smoothed/with-profits propositions, unit-linked funds and OEICs.Delivering accurate, timely business-as-usual analysis, reporting, governance and stakeholder co-ordination.Helping to assess proposition performance, customer outcomes, risks, regulatory developments and market or competitor changes.Taking ownership of assigned activities while working within defined frameworks, agreed priorities and senior escalation routes.Key responsibilitiesProposition management and BAU supportSupport the ongoing management and development of retail investment propositions, including PruFund, other smoothed/with-profits funds, unit-linked and OEIC fund ranges.Undertake regular proposition and fund-related activities, including information gathering, analysis, documentation, action tracking and maintenance of supporting records.Assist Investment Proposition Managers with defined elements of proposition change, fund developments, reviews and implementation activity.Co-ordinate inputs from relevant teams and subject matter experts, ensuring dependencies, actions and decisions are clearly recorded and followed through.Customer outcomes, governance and controlsSupport reviews of fund and proposition outcomes, drawing together qualitative and quantitative information for senior colleagues and governance forums.Help ensure proposition activities are completed in line with product governance, Consumer Duty, risk appetite, applicable controls and relevant regulatory requirements.Prepare or contribute to governance papers, meeting packs, management information, decision records and action logs.Maintain a customer-focused and risk-aware approach, applying informed judgement and constructive challenge to information received.PruFund and investment proposition supportBuild a strong working knowledge of the various investment vehicles, including the principles and customer considerations associated with these.Support analysis and communication of proposition features, fund developments and customer outcomes.Assist with the maintenance and review of proposition content used by internal teams, distribution colleagues, advisers and governance bodies.Work with investment, product and operational specialists to understand fund structures, dependencies and the practical impact of proposed changes.Stakeholder and delivery supportWork collaboratively across the various teams/functions & external third parties associated with the ongoing maintenance of the Investment propositions.Support cross-functional working groups by organising inputs, preparing materials, documenting outcomes and tracking delivery actions.Contribute ideas to improve proposition-management processes, management information, controls and ways of working.Scope and decision-makingOwns assigned BAU activities and defined work packages, with accountability for quality, accuracy and timely completion.Works independently within agreed parameters, seeking guidance where issues are complex, material or outside established policy and process.Supports recommendations and decisions made by Investment Proposition Managers and senior governance forums.May represent the Investment Propositions team in routine working groups and stakeholder discussions, escalating significant decisions or risks.Knowledge, skills and experienceEssentialExperience in financial services, ideally within investment propositions, life and pensions, funds, product, operations, investment governance or a related area.An understanding of investment funds and how they are used within life, pension or retail investment propositions, with the ability and motivation to deepen technical knowledge.Awareness of smoothed/with-profits funds, unit-linked funds and collective investments, or the ability to develop this knowledge quickly.Strong Microsoft Office knowledge with demonstrable capability in Excel.Strong analytical skills and the ability to interpret information, identify key themes and produce clear, accurate outputs, including the use of AI.Good written and verbal communication skills, including the ability to prepare concise papers, presentations, management information and stakeholder updates.Ability to manage multiple tasks, priorities, actions and deadlines while maintaining a high level of attention to detail.Strong relationship-building and collaboration skills across internal teams and external partners.A customer-focused and risk-aware mindset, with confidence to raise questions and escalate concerns appropriately.DesirableKnowledge of PruFund or other smoothed/with-profits propositions.Knowledge of the UK retail adviser market and the relationship between manufacturers, advisers and customers.Experience of unit-linked life and pension funds, OEICs or other unitised collective investment structures.Awareness of FCA regulation, Consumer Duty, product governance, fund governance or relevant risk-management frameworks.Experience supporting proposition change, fund reviews, governance committees, distribution activity or third-party delivery.Working towards, or willing to work towards, a relevant professional qualification such as the Investment Management Certificate (IMC).Work Level: Experienced ColleagueReporting to: Head of Investment PropositionsRecruiter: Phoebe EwersLocation: Stirling or Edinburgh (Hybrid 2 days per week in the office)What we offer:We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.To explore more about life at M&G and our full benefits offering, visit Life at M&GAt M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: [e-mail]