Product Manager - Retail Workplace (Governance & Oversight)

Life can sometimes be unpredictable, and it pays to plan ahead. Our aim at Legal & General Retail is to help our customers plan for the unexpected, achieve financial security for their tomorrow, and protect everything that’s important to them. To better understand our customers and meet their needs, we’ve brought our protection, retirement income, savings, lending, and advice, fintech and mortgage businesses under one umbrella. Created at the start of 2022 through the merging of our long-standing and trusted retail retirement and insurance businesses, we’re a fast-growing division with big, customer-centred ambitions.  

The purpose of this 6 month FTC is to sit within the retail division, focusing on governance & oversight of funds available through our suite of Workplace DC products. This role does not involve Asset Management responsibilities. 

What you'll be doing:

• Supporting the oversight and governance of funds available for clients and members of Workplace Savings products, ensuring they comply with industry regulations
• Utilising and adhering to the Product Process to ensure products/funds are launched, maintained and closed in accordance with Customer Conduct Risk Policy
• Delivering good customer outcomes in line with Consumer Duty expectations.
• Supporting the technical oversight of the Workplace Savings fund range including corporate actions, fund generation variances and investment related risks management
• Owning the production of fund management information for the investment proposition, driving efficiencies into the sourcing and sharing of data across relevant business channels; Product, Investment Only Platform, LGIM Fund Governance, Member Communications, Distribution and Operations
• Interfacing with and regularly reviewing investment data from LGIM, other internal business areas and external sources to ensure accurate and up to date information is provided to customers, such as costs and charges, risk warnings and fund data/objectives
• Responding to investment related queries from internal business units in regard to the technical aspects of the fund range (availability, pricing, etc)

Who we're looking for:

• Experienced in governance & oversight from a retail, workplace background.
• Good working knowledge of Workplace defined contribution market dynamics.
• Experience within the investment proposition and strategy team of a provider, asset manager and/or EBC
• Working knowledge of fund databases, pricing, investment related risks management and fund governance requirements.
• Relevant experience of working with unit linked funds
• Strong interpersonal and verbal communication skills
• Ability to manage conflicting priorities against challenging timescales.
• Knowledge of pension products, investment solution design and strategy preferred
• Professional qualifications in relation to the role are desirable

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: 

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes  
• Generous pension contribution  
• Life assurance   
• Private medical insurance (permanent employees only) 
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday 
• Competitive family leave 
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice 
• There are the many discounts we offer – both for our own products and at a range of high street stores and online   
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.