Legacy Products SME

Scottish Friendly; Glasgow; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading mutual insurance provider in Glasgow seeks a developing professional for product analysis support. This role involves collaborating with various teams and providing subject matter expertise concerning legacy products. Ideal candidates should have significant life insurance experience and strong problem-solving skills. The position offers a hybrid work model, competitive benefits, and an inclusive workplace culture.

Benefits

Recognition awards

Refer-a-friend scheme

25 days annual leave

10% employer pension contribution

24/7 GP access

Hybrid model with up to three remote days per week

Qualifications

• Significant experience working within a life insurance company.
• Strong knowledge of different types of life insurance products.
• Ability to work independently to solve complex problems.

Responsibilities

• Support a range of business projects and activities.
• Document and improve existing processes.
• Assist in analysis across various business areas.
• Support implementation of regulatory changes.

Skills

Life insurance expertise

Problem-solving

Excellent communication skills

Tools

Excel

Job description

Do you want to be part of something more than just a financial services business? Do you believe everyone, regardless of wealth, should have the opportunity to save and look after their loved ones? Do you want to be part of something that has been here for 160 years and help it be here for 160 more?

Scottish Friendly have an exciting opportunity to join our team. Based in Glasgow City Centre, we are one of the most progressive mutual life insurance offices in the UK. We have a strong, clear culture which has grown since 1862 with our customers and colleagues of today and the future being at the heart of that growth.

We are recruiting a developing professional to support the delivery of product analysis by working independently to provide SME input in relation to legacy products to the wider business. This role will report into the Head of Actuarial Valuation and will involve close collaboration with other SMEs, as well as team leaders and managers across the business.

This role includes contributing technical expertise and supporting team operations.

Responsibilities : SME Support

• Act as a subject matter expert resource, supporting a range of business projects and business-as-usual activities in order to share knowledge, support peers and drive changes to benefit the business and peers.
• Document and challenge the “as is” and investigate and implement ways to improve existing processes based on wider experience of good practice observed.
• Participate in job chats and team meetings, providing input on progress and development needs.
• Work independently to investigate queries in relation to legacy products and act as lead point of contact for business queries.

Technical Support & Analysis

• Assist in producing deliverables and conducting analysis across a range of business areas.
• Support the implementation of regulatory changes and strategic initiatives by contributing to process updates and documentation.

Collaboration & Communication

• Work closely with other functions such as Customer Services, Finance, Commercial, and Risk & Compliance to support cross-functional projects, as well as improve understanding and processes for other functions.
• Prepare papers and reports for internal committees and governance forums, and present the papers if required.

Qualifications & Skills

Essential

• Significant experience working within a life insurance company.
• A very strong knowledge of different types of life insurance products.
• Relevant experience to the specific role (I.e. valuation experience or project / change experience).
• Ability to work by themselves to find solutions to complex problems.
• Excellent communication skills.

Desirable

• Excellent Excel skills.
• Experience of working with with-profits products.
• Experience of working on projects.

With assets under management of over £4.2bn and more than 853,000 members we have lots to look after and lots more to do. If you want to be part of the team and you think this is you, we would love to hear from you.

We support life inside and outside work, offering

• Recognition awards: Win exciting prizes, including one weeks’ annual leave plus £3,000 spending money.
• Refer-a-friend scheme: Earn rewards for bringing talented friends to our team.
• Annual Leave: 25 days annual leave (rising to 28 with service) plus 8 bank holidays, and options to buy or sell extra days.
• Supporting the future: 10% employer pension contribution, 4 x group life cover.
• Getting around: Access to cycle-to-work schemes, Electric Vehicle scheme* and travel loans.
• Wellbeing: 24 / 7 GP access, EAP, Private Healthcare, and free legal / financial advice a variety of savings at top high street and online retailers.
• Hybrid model with up three remote days per week, totalling 35 hours per week Monday to Friday.

We are committed to creating an inclusive environment where all colleagues feel valued, respected and represented. If you require any accommodations during the application process, please don’t hesitate to let us know.