Senior Product & Proposition Manager - Savings & Insurance

Barclays UK; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services provider is seeking a Senior Product & Proposition Manager – Savings and Insurance to shape its savings portfolio. This role involves developing innovative products from concept to launch, ensuring competitive offerings that align with customer needs and regulatory requirements. Successful candidates should have strong knowledge of savings products, experience in digital transformation, and excellent stakeholder management skills. The position is based in London, with opportunities in Manchester and Northampton.

Qualifications

• Strong understanding of savings products is essential.
• Ability to interpret data and insights.
• Proven capability of managing stakeholders in a matrix.
• Experience with the product design lifecycle is a plus.

Responsibilities

• Shape and manage the savings portfolio aligned with customer needs.
• Develop product propositions and strategies.
• Monitor market trends and assess product performance.
• Create and manage comprehensive launch plans.

Skills

Knowledge of savings products

Data interpretation

Stakeholder management

Experience in digital transformation

Commercial acumen

Education

Relevant degree or equivalent experience

Job description

Join us as a Senior Product & Proposition Manager – Savings and Insurance, where you will shape the future of Barclays UK’s savings portfolio by discovering customer needs, defining innovative propositions, and enhancing or developing new products from concept to launch. You will turn insight into action, ensuring our offerings remain competitive, commercially robust, and aligned with regulatory requirements. From crafting business cases to delivering compelling customer and commercial outcomes, you will play a key role in driving product evolution and growth.

To be successful as a Senior Product & Proposition Manager – Savings and Insurance, you should have:

• Solid knowledge of savings products.
• Ability to interpret data and insights to shape business recommendations and decisions.
• Proven ability to manage stakeholders and collaborate effectively across a matrix environment to drive successful execution.

Some other highly valued skills may include:

• Experience in digital transformation.
• Great commercial acumen.
• Experience working on the product design lifecycle.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role will be based in London, Manchester or Northampton.

Purpose of the role

To manage and develop existing and new products and/or services; and where applicable, ownership of related customer and colleague journeys, develops the product strategy, drive change through Barclays execution teams, make key decisions in the product lifecycle and own associated outcomes for customers, colleagues and the bank, achieved through appropriate service level agreements, regulatory compliance, risk management and controls.

Accountabilities

• Development of customer level strategies & solutions that are tailored to customers’ needs.
• Subject Matter Expert in the applicable Product/Proposition team and be able to confidently guide and advise stakeholders at all levels in the Bank on the application of existing and new products/propositions and related customer and colleague journeys.
• Development of product propositions, and/or service strategy, define the priorities for delivering the outcomes needed to deliver the strategy and lead execution of the priorities.
• Development of different commercial and business models through a strong understanding of the financial drivers of the P&L for the relevant segment/ proposition/ journey.
• Evaluation of the technical feasibility, legal compliance, and potential risks associated with the development and launch of the new product.
• Monitoring of market trends and analysis feedback from internal employees and target customers through prototypes, user testing sessions, and beta programs to identify areas for improvement to refine the product / process before launch.
• Management of comprehensive launch plans and technical deployments for products that establish rollout timelines, marketing strategies, training initiatives and communication channels to promote the launch new products effectively.
• Monitoring of key metrics such as adoption rates, usage patterns, customer satisfaction (including complaints), and revenue generation to assess the product's performance against set goals.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.