Description
Prudential UK & Europe
Working with Prudential as Corporate Pensions Investment Manager means becoming part of a brand with a global reputation, a remarkable history and exciting plans for the future. If you're inspired to join us, and if you have the necessary qualities, then this could be the opportunity you've been looking for.
At Prudential we're absolutely focused on getting the best outcomes for customers. Ours is one of the most profitable and trusted names in life and pensions, and we lead the market in a number of pension products
Reports to: Head of Corporate Pensions Unit Linked Funds
Role Details - Important*
- The key focus of this role is the interpretation and application of regulation, legislation and industry guidance as it applies to corporate pension fund proposition and on-going management of both the bundledand unbundled fund range. Whilst primarily focused on Corporate Pensions stakeholders the technical knowledge of this role is valuable in other parts of the organisation so the stakeholder group will at times be quite broad across other Prudential product lines.
- The role is responsible for the fund proposition across both the fund platform (FDS) and corporate pensions and must ensure that:
Purpose of the role
- To develop new fund propositions for Prudential's corporate pensions product offering and manage existing fund propositions including pricing and analysis
- To make changes to existing fund propositions in response to market or regulatory changes
- To provide technical advice to internal stakeholders, internal projects and EBCs on corporate pensions investments
- Provide direction, insight and guidance to internal stakeholders to ensure business integrity and compliance with legislation, regulation and industry best practice
- End to end responsibility for the corporate pension fund platform (FDS), including relationship management with EBC consultancies and the transition of the FDS platform
- Manage the rationalisation of corporate pensions funds, taking account of regulation drivers, commercials and retention strategy
- Support the Distribution channel on retention strategy, attend client meetings when required
Entity scope Accountabilities
Operate
Operate or deliver the business outcome
01. Develop Proposition > Develop investment proposition (Excluding Bulk Annuities) UK
02. Sell business to business > Corporate relationship management (Excluding Bulk Annuities) UK
03. Sell business to business > Deal presentation (Excluding Bulk Annuities) UK
04. Sell business to business > Manage Scheme Relationships (Excluding Bulk Annuities) UK
05. Sell business to business > Sales planning (Excluding Bulk Annuities) UK
06. Sell business to business > Scheme Acquisition (Excluding Bulk Annuities) UK
07. Manage Product Portfolio > Maintain investment proposition (Excluding Bulk Annuities) UK
08. Manage Product Portfolio > Product development (Excluding Bulk Annuities) UK
09. Sell via intermediaries > Training & competence > Ongoing coaching & training (Excluding Bulk Annuities) UK
Advise
Consults with, supports or advises others to enable fulfillment of their accountabilities; accountable for providing input where required
01. Set Strategy > Deliver market insight (Excluding Bulk Annuities) UK
01. Set Strategy > Identify proposition gaps (Excluding Bulk Annuities) UK
02. Design Proposition > Design corporate proposition (Excluding Bulk Annuities) UK
Essential Requirements
- Significant experience of fund proposition development
- Experience of fund pricing
- Experience of project management
- Significant experience within a regulated sales environment
- Experience in a product development/management environment, within Financial Services knowledge
- Expert level knowledge of industry best practice, good network/links with external bodies and individuals on the same field
- Detailed knowledge of Prudential products, systems and distribution methods
- Understanding of the Statements of Principle and Code of Practice
- Expert level knowledge of life and pensions products, markets and competitors
- Expert level knowledge of financial services, regulatory and legislatory frameworks
- Professional qualifications
- Relevant professional qualification (eg Associate of the Pensions Management Institute)
Standard responsibilities associated with this role
- Take all reasonable steps to make sure your business area fulfills its external regulatory, legal and industry obligations
- Use your judgement to strengthen our positive risk and control culture, by identifying, assessing and managing risk within your business area
- Understand our Code of Conduct and how it applies to your work. Comply with all relevant policies, including mandatory training
- Make sure that all personal expenditure, and contractual and legal agreements are authorised, controlled and monitored according to our delegated authority requirements
- If you're responsible for any legal agreements with third parties then you must make sure these are managed according to the Managing Contractual Relationships Framework. You'll find your responsibilities as an expenditure authoriser set out in the financial procedures manual for your business (eg Prudential UK & Europe, PIA, PPMS)
People who work at Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing commercial environment that's totally focused on customers. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals