Product Strategy Manager

Benefact group; Gloucester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services organization in Gloucester seeks a Product Strategy Manager to drive the strategy for pre-paid funeral plans. This involves owning the product roadmap and engaging with market insights to optimize offerings. The ideal candidate will have regulatory knowledge, product management experience, and strong analytical skills. The position offers a competitive salary and extensive benefits including a generous bonus scheme, pension contributions, and opportunities for professional development.

Benefits

Competitive salary

Group Personal Pension - up to 12% employer contribution

Generous annual bonus scheme

28 days annual leave plus bank holidays

Health and wellbeing benefits

Volunteering opportunities

Full study support for professional qualifications

Access to virtual GP

Enhanced maternity and paternity pay

Qualifications

• Experience of product management in an FCA regulated market.
• Understanding of pre-paid funeral plan market dynamics.
• Experience of delivering product roadmaps to optimize outcomes.
• Strong data interpretation skills.
• Proven ability to engage and influence teams and partners.
• Track record of translating insights into actionable strategies.

Responsibilities

• Define and maintain the product strategy catering to market opportunities.
• Develop a product roadmap focused on continuous improvements.
• Act as the expert on market trends and customer needs.
• Lead customer and partner research to inform product strategies.
• Own product structure and manage key provider relationships.
• Represent product vision in strategic planning sessions.

Skills

Regulatory Knowledge

Market Expertise

Product Ownership

Analytical & Commercial Acumen

Stakeholder Influence

Strategic Thinking & Execution

Job description

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: Gloucester

Job Ref: 204598

About the role

Ecclesiastical Planning Services, who are proudly part of Benefact Group, are looking for a Product Strategy Manager to join our Gloucester office.

This role’s purpose is to own and evolve EPSL’s pre-paid funeral plan product strategy using deep understanding of customer and market dynamics to define and deliver a product roadmap that maximises competitive positioning, profitability and alignment to customer, partner and market needs.

Why join us?

Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's 15 Best Big Companies to Work For in 2025, we offer fantastic career and development opportunities within a rapidly growing, innovative Group — where all profits go to charity and good causes.

What be doing

• Product Strategy & Roadmap Ownership

  • Using market insight to define and maintain the product strategy, ensuring alignment with business goals and market opportunities.
  • Develop and manage a product roadmap focused on continuous improvement and strategic enhancements.
  • Prioritise roadmap initiatives based on customer and partner feedback, internal stakeholders, market trends, and business performance.

• Market Insight & Subject Matter Expertise

  • Act as the internal expert on market trends, competitor activity, and customer needs.
  • Lead EPSL’s customer and partner research with internal teams and external agencies, analysing results and translating findings into actionable business insights.
  • Perform regular market analysis to guide product strategy, highlight emerging risks, and uncover new opportunities.
  • Convert insights into clear, practical recommendations for product development and strategic positioning, collaborating with the marketing team to optimise the value proposition and go‑to‑market strategies.

• Product Ownership & Performance Optimisation

  • Own the product structure and design, including terms & conditions and elements of regulatory compliance.
  • Manage key external provider relationships to align product strategy and governance, ensuring delivery of business objectives and positive customer outcomes.
  • Monitor and evaluate product performance across commercial and customer metrics and controls.
  • Identify and respond to opportunities to optimise, simplify, or reposition products, driving improved performance and competitiveness.

• Stakeholder Engagement & Communication

  • Represent the product vision and market perspective in strategic forums and planning sessions.
  • Collaborate with Marketing and Sales colleagues to ensure the compelling articulation of the proposition to drive sales growth and reinforce market positioning.
  • Maintain strong relationships with key partners and customers to validate product direction and gather feedback.

What you'll need to have

• Regulatory Knowledge: Experience of product management and development in an FCA regulated market.
• Market Expertise: Understanding of pre-paid funeral plan market dynamics, competitor landscape, and regulatory environment is desirable.
• Product Ownership: Experience of successfully defining and delivering product roadmaps to optimise customer and commercial outcomes, alongside day-to-day product management.
• Analytical & Commercial Acumen: Strong data interpretation skills to inform product decisions and measure performance.
• Stakeholder Influence: Proven ability to engage and influence both internal teams and external partners.
• Strategic Thinking & Execution: Track record of translating insight into actionable product strategies and roadmaps.

What we offer

• A competitive salary - let's discuss it
• Group Personal Pension - up to 12% employer contribution
• Generous annual bonus scheme: on-target bonus between 7.5% and 30%
• 28 days annual leave plus bank holidays, and a holiday buy and sell scheme
• An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
• £200 annual personal grant to a charity of your choice
• Encouraged to take at least one volunteering day per year
• Employee Assistance Programme
• Full study support to gain professional qualifications
• Access to virtual GP
• Enhanced maternity and paternity pay

Hear from the hiring manager

"This is an exciting opportunity to join a great team at a pivotal moment and play a meaningful role in shaping the next chapter of our journey."

About us

Ecclesiastical Planning Services (EPS) work with a UK-wide network of funeral directors to provide pre-paid funeral plans. Our business is based on trust, so we focus on personal service, offering guidance and support to funeral directors and families when they need it most.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.

*Directory of Social Change’s UK Guides to Company Giving 2017-26