AM, FT Proposition

Purpose

To support the proposition manager in developing the proposition strategy (policy, product, communications, platform, service, target market and distribution). Actively reappraise existing propositions to maintain competitiveness.

Nature of Work

Key Accountabilities

• Maintains the portfolio of existing products updating them in response to regulatory and technical market changes, producing and maintaining product positioning statements, managing regulatory and other product risks arising.


• May lead small to medium sized product developments or projects and to own and resolve issues on any development.


• Develops and maintains propositions with a customer focus, aligned to brand values. Inputs to and supports product development including sign-off of key deliverables.


• Co-ordinates activity with training to ensure appropriate aspects are communicated and tested.


• Works with promotion teams to understand feedback from events and workshops, to evaluate results to make recommendations for future proposition changes.


• Determines initiatives to maintain or grow profitable market share for relevant proposition set.


• Exhibits strong all-round business knowledge and understanding of our products, systems, and processes as well as the regulatory environment.

Performance Management Accountabilities

• Demonstrate commitment to corporate values.


• Take accountability for participating in the performance management cycle.


• Take action to improve performance on the job.


• Assist and support co-workers. Take action to manage own personal development.

Skills

Functional Skills

• Knowledge of Product Line - Proficiency Level 2


• Product Design & Development - Proficiency Level 2


• Develop Components of Propositions - Proficiency Level 1


• Proposition Management - Proficiency Level 1


• Insurance Finance & Actuarial Concepts - Proficiency Level 1

Cross Functional Skills

• Customer Service - Proficiency Level 2


• Effective Communication - Proficiency Level 1