Pension Product Analyst - Product Simplification (Fixed Term)

Phoenix; City of Edinburgh; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading financial services company in Scotland is seeking a Product Analyst to join their Product Simplification team. This role involves analyzing customer and business needs, developing product simplification proposals, and collaborating across various teams. The ideal candidate will have strong knowledge in pensions and a background in product management. This position offers flexibility and competitive benefits.

Benefits

Up to £50,000 salary

8% bonus up to 16%

Private medical cover

38 days annual leave

Excellent pension

12x salary life assurance

Income protection

3x volunteering days

Qualifications

• Good understanding of product landscapes and customer needs.
• Proven track record in relevant initiatives.
• Analytical mindset for data interpretation.

Responsibilities

• Develop, document and approve product simplification proposals.
• Analyze and document requirements for product simplification.
• Evaluate impact from both customer and shareholder perspectives.

Skills

Understanding of Life, Pension and Workplace Pension products

Experience in product management or product change

Analytical and problem-solving skills

Creative and strategic thinking

Collaboration across internal stakeholders

Job description

Location and flexible working

Edinburgh, Telford or Wythall (Birmingham). All our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Job Type

12 Month Fixed Term

Closing Date

18th September

Salary and benefits

Up to £50,000 dependent upon experience plus 8% bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, income protection, 3x volunteering days and much more

Recruiter

Douglas Smith

We have an incredible opportunity as a Product Analyst to join our Product Simplification team as Phoenix starts its journey on a long-term programme of work to simplify our product estate and benefit both customers and shareholders.

Who are we?

We want to be the best place that any of our 6,600 colleagues have ever worked.

We’re Phoenix Group, we’re a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The role

Phoenix is starting its journey on a long-term programme of work to simplify our product estate and benefit both customers and shareholders.

You will play an important role across the Product Simplification Programme through involvement in the development, documentation and approval of product simplification proposals from inception to implementation and be responsible for understanding the current product landscape, customer needs and business needs to help inform the impact of any policy simplification.

You will be working with a Product Manager and others within one of the workstreams, to analyse and document requirements, ensuring appropriate product knowledge has been sourced to inform product simplification proposals or alternative customer treatment strategies. Along with being involved in the value assessment analysis in relation to the proposed simplifications, from both a customer and shareholder perspective, working closely with the value assessment tool and team.

What We’re Looking For

• Good understanding of Life, Pension and Workplace Pension products and a technical knowledge to liaise effectively with Product, Proposition, Commercial and With Profits SMEs
• Proven track record of involvement in initiatives including across product management or product change and have a good understanding of the regulatory landscape, including relevant laws, regulations, and standards including Customer Duty
• Analytical and problem-solving skills to gather, analyse and interpret data, to draw meaningful conclusions and make informed recommendations
• Ability to think both creatively and strategically along with being able to collaborate across a variety of internal stakeholders throughout the business and across project workstreams

We Want To Hire The Whole Version Of You

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

We’re reviewing applications as they come in, so apply early to avoid missing out.

Find out more about

Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates

Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us