Proposition Manager

LGBT Great; Cheltenham, Glasgow; Hybrid; GBP 60,000 - GBP 80,000; Full time

Job summary

A financial services organization is seeking a Proposition Manager to join their SIPP team. Based in Cheltenham or Glasgow with hybrid working, you will support the Head of SIPP Propositions in delivering Consumer Duty accountabilities and ensuring propositions meet customer objectives. The ideal candidate has thorough knowledge of HMRC and FCA rules, experience in developing pension products, and strong interpersonal skills. This role offers competitive salary, annual bonus, generous pension scheme, and extensive benefits including training and professional development.

Benefits

Competitive discretionary annual bonus

Generous pension scheme (8% contribution)

Funded training and professional development

Core benefits including private medical cover

Sports Allowance for gym membership

Qualifications

• Thorough knowledge of HMRC and FCA rules as they apply to SIPPs.
• Experience in developing and managing pension products.
• Self-starter with strong interpersonal skills.

Responsibilities

• Support the Head of SIPP Propositions in Consumer Duty outcomes.
• Ensure propositions meet customer needs and objectives.
• Develop and implement Investment Solutions for key business partners.
• Maintain awareness of SIPP market changes and communicate effectively.
• Resolve proposition and technical queries.

Skills

Knowledge of HMRC and FCA rules for SIPPs

Knowledge of the SIPP and SSAS marketplace

Strong interpersonal skills

Ability to influence upwards

Organizational skills

Job description

Proposition Manager United Kingdom

We have an exciting opportunity for a Proposition Manager to join our SIPP team. The SIPP Business Area provides administration and trusteeship services to over 100,000 self-invested personal pension arrangements for members, both advised and non-advised, and have ambitious plan to grow our customer base. This role can be based in our Cheltenham or Glasgow offices working on a hybrid basis.

A snapshot of your day:

• Supporting the Head of SIPP Propositions in their delivery of Consumer Duty accountabilities, covering Consumer Duty outcomes for “Products and Services”, “Price and Value” and “Consumer Understanding”.
• Ensure existing and new propositions are designed and managed to meet the needs and objectives of customers within identified target markets, and that suitable proposition governance and processes and controls are maintained.
• Develop and implement appropriate Investment Solutions to support BW and its key business partners, ensuring full integration with Proposition and Customer journeys.
• Ensure appropriate Investment Governance and Oversight model is implemented and maintained for all Investment Solutions.
• Maintaining an up-to-date awareness of changes to key competitor offerings and developments in the SIPP market, ensuring these are communicated to internal stakeholders.
• Proactively keep up to date with FCA, DWP and HMRC changes, assessing the impact of changes and ensuring there is clear internal and external communication on the impact, providing training as needed.
• Take ownership to resolve proposition and technical queries and support the Technical Committee with resolution of complex case referrals.

We would love to hear from you if you have:

• Thorough knowledge of HMRC and FCA rules as they apply to SIPPs.
• Knowledge of the SIPP and SSAS marketplace is essential.
• Knowledge of the wider pensions market is desirable.
• Experience in developing and managing pension products and delivering to market in line with the business plan.
• Self-starter, highly organised and able to work well with colleagues at all levels in the organisation.
• Confident presenter and strong interpersonal skills are essential.
• Strong interpersonal skills including the ability to influence upwards, support complex projects and plan for the longer term.

What's in it for you:

• Competitive discretionary annual bonus and salary review
• Generous pension scheme (we contribute 8%)
• Funded training and professional development
• Core benefits including private medical cover, life assurance, group income protection, up to 30 days holiday per year with holiday trading
• A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle‑to‑work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts