Protection Commercial Manager

End date

Friday 26 April 2024

Salary range

£56,421 - £62,690

We support agile working

Click here for more information on agile working options.

Agile Working Options

Job Share; Hybrid Working

Job description

Job Title: Protection Commercial Manager

Salary: £56,421 + DOE

Location: Edinburgh

Hours: Full time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our Edinburgh, Port Hamilton Office.

About us:

Playing an integral part in the protection team, as a Commercial Manager you'll run the day to day commercial activities within Protection. You'll support the Senior Commercial Manager and the wider Protection leadership team in ensuring that we achieve our financial objectives for the business, the customer and our distribution partners.

This is a fantastic opportunity to be at the forefront of new ways of working as well as playing a key part in achieving our stated ambition of becoming a top 3 protection provider.

What you'll be doing:

• Support our Protection trading performance and identify performance improvement opportunities. You'll be able to understand impact of actions on forecasted trading results.
• Demonstrating your ability to proactively monitor our market position using a range of analytical tools, and providing recommendations to achieve desired market position/financial outcomes
• You'll work alongside our pricing and finance teams, supporting our pricing strategy, including pricing principles, customer value for money assessments, as well as anticipating market/competitor movements. This will develop your knowledge of the Protection Profit & Loss, and the drivers of value.
• You'll quickly become a key point of contact across our Protection business, working collaboratively with colleagues to provide commercial recommendations on business cases, key distribution deals, including commission, individual pricing and incentive campaign development to name just a few.
• Working closely with our distribution teams to find opportunities to expand our market participation, through building up your knowledge of the protection market and our proposition.
• Through this role you'll get exposure to all aspects of our propositions and partners, from intermediaries through to our colleagues in Consumer Relationships, showcasing how protection is meaningful throughout our customer base.

Why Lloyds Banking Group?

Join us and, as well as making a difference to customers, you'll enjoy a fulfilling career where you're free to be yourself. Great colleagues, redefining workspaces, hybrid working and a wide variety of career opportunities – you'll find them all here.

What you'll need…

• Business insight - good knowledge of the Protection market
• Numerate, with strong problem solving skills - able to model and analyse the commercial consequences of past, present and future business activities
• High level of partner management, influencing and interpersonal skills
• Confident self worker, proactive and able to prioritise competing objectives
• Basic skills in the form of Excel, PowerPoint presentation and Power BI.

About working for us:

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it's why we especially welcome applications from under-represented groups. We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.