Head of Workplace Propositions

Lloyds Banking Group; West of England; On-site; GBP 90,000 - 135,000; Full time

Benefits offered by this job

Flexible working options

Hybrid working

Job share

Job summary

Lloyds Banking Group is seeking a Head of Workplace Propositions to shape strategy across UK workplaces and partnerships. You will influence senior leaders, define market-leading propositions and drive outcomes for customers, employers and shareholders.

Hybrid working model with locations in Edinburgh, Bristol or London, and a focus on innovation, governance and talent development within a sector undergoing reform and digital transformation.

Qualifications

• Significant experience in workplace pensions, retirement, savings or related financial services.
• Proven track record of developing and delivering customer propositions and strategic initiatives.
• Strong commercial, strategic and customer focus.
• Experience influencing executive and senior stakeholders.
• Excellent communication and external stakeholder management skills.
• Strong understanding of regulatory frameworks and market dynamics.
• Experience leading high-performing teams and talent development.
• Resilience, pace and ability to manage competing priorities.

Responsibilities

• Define and deliver the Workplace proposition strategy.
• Anticipate market, regulatory and customer trends and shape our response.
• Champion customer, employer and commercial outcomes.
• Influence senior stakeholders to secure investment and strategic alignment.
• Act as a recognised voice for Scottish Widows in the workplace pensions and savings market.
• Lead the design and development of market-leading workplace propositions.
• Drive innovation while ensuring solutions are commercially viable, scalable and compliant.
• Partner across Workplace, Retirement, Wealth and Investment teams to deliver customer-focused solutions.
• Shape product strategy, growth opportunities and simplification initiatives.
• Ensure strong product governance, regulatory compliance and Consumer Duty outcomes.
• Oversee proposition risks and controls whilst enabling business growth.
• Drive delivery of value for customers, employers and shareholders.
• Lead, inspire and develop a high-performing team of proposition and technical specialists.
• Build future talent and strengthen organisational capability.
• Create an inclusive, collaborative and high-performance culture.

Skills

Strategic leadership

Executive influence

Commercial focus

Stakeholder management

Regulatory understanding

Change management

Team development

Resilience

Job description

End Date

Wednesday 07 October 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

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Job Description

JOB TITLE: Head of Workplace Propositions.

SALARY: Competitive.

LOCATIONS: Edinburgh, Bristol or London.

HOURS: Full-time.

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

This is a rare opportunity to lead proposition strategy for one of the UK’s largest workplace savings and retirement businesses. Workplace is central to Scottish Widows’ growth ambitions, helping millions of customers and thousands of employers save, invest and prepare for retirement. As the market evolves through pension reform, financial wellbeing, digital innovation and AI, you’ll play a leading role in defining our future direction.

What you’ll be doing

As the Head of Workplace Propositions, you’ll shape strategy, influence senior decision-making and deliver solutions that improve financial outcomes for customers while driving commercial growth. You’ll work closely with executive leaders across Scottish Widows and Lloyds Banking Group and represent the business externally across the industry.

Your accountabilities will include:

Strategy & Market Leadership

• Define and deliver the Workplace proposition strategy.
• Anticipate market, regulatory and customer trends and shape our response.
• Champion customer, employer and commercial outcomes.
• Influence senior stakeholders to secure investment and strategic alignment.
• Act as a recognised voice for Scottish Widows in the workplace pensions and savings market.

Proposition Development & Innovation

• Lead the design and development of market-leading workplace propositions.
• Drive innovation whilst ensuring solutions are commercially viable, scalable and compliant.
• Partner across Workplace, Retirement, Wealth and Investment teams to deliver customer-focused solutions.
• Shape product strategy, growth opportunities and simplification initiatives.

Governance & Customer Outcomes

• Ensure strong product governance, regulatory compliance and Consumer Duty outcomes.
• Oversee proposition risks and controls whilst enabling business growth.
• Drive delivery of value for customers, employers and shareholders.

Leadership

• Lead, inspire and develop a high-performing team of proposition and technical specialists.
• Build future talent and strengthen organisational capability.
• Create an inclusive, collaborative and high-performance culture.

What We’re Looking For

Essential

• Significant experience in workplace pensions, retirement, savings, investments or a related financial services business.
• Proven track record of developing and delivering successful customer propositions and strategic initiatives.
• Strong commercial, strategic and customer focus.
• Experience influencing executive and senior stakeholders.
• Excellent communication and external stakeholder management skills.
• Strong understanding of regulatory frameworks and market dynamics.
• Experience leading high-performing teams and developing talent.
• Resilience, pace and the ability to manage competing priorities.

Highly Desirable

• Established industry profile within workplace pensions, savings or retirement.
• Experience operating at Executive Committee or senior governance level.

Why join us?

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

This is a place for you:

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.

Benefits and Perks

• We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
• And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
• We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.