The Vacancy

Internal job title: R&D Specialist - Product Manager

**FLEXIBILITY CAN BE OFFERED**

Overall Job Purpose

Provides technical product input into the management of the ongoing performance of the life product; monitors product performance to identify shortcomings and opportunities for innovation and improvement; supports the ongoing supervision of our suite of products across the business lines.

Accountabilities

• Produce analyses to monitor and improve existing products, including regular lifecycle reviews
• Provide commentary on product analyses to support areas of focus/change
• Design, manage and deliver ongoing improvements and tactical initiatives for products
• Ownership and management of core product literature and terms and conditions
• Review and sign off on customer communications and other relevant product information post-sale
• Point of referral for queries relating to product detail and product governance
• Production and presentation of metrics to Product Governance Committee and Conduct Committee
• Assist the R&D leads in ensuring good governance of new product developments.
• Ensure products are communicated accurately, provide value for money and meet customer needs.
• Ensure products meet legal, regulatory and industry requirements and exceed industry best-practice.

Skills Required

Essential

• Strong understanding of technical workings of protection (life insurance) products
• Strong understanding of UK insurance legislation and regulation, including TCF and data protection
• Broad understanding of UK insurance market, and protection market in particular
• Numerate with good analytical ability and data analysis skills in Excel
• Strong verbal and written communication skills, including report writing and presentations
• Ability to manage own workload and prioritise effectively
• Able to work effectively as part of a team

Desirable

• Previous experience of reviewing / analysis of customer literature (including terms and conditions)
• Previous experience of working at a life insurer
• Ability to perform data extraction and analysis in R, SQL or Python

About Us

Vitality is an award-winning, dynamic and vibrant financial services provider, with a ground-breaking vision for the future, where individuals are enabled to succeed and are rewarded and recognised for their contribution to our business. We’re the UK insurer and investment provider that rewards people for positive lifestyle choices – a key element of our Shared-value model. With 1.4m UK members and more than 25m globally, we’re out to make the world a healthier, happier place. This applies as much to our people as it does to our members.

Working for Vitality, you'll experience an exciting mix of creativity and innovation, within a framework of challenging objectives and a passion for delivering the best. We think work should be fun and sociable, and we want our people to get the most out of every day. Our people are chosen for their skills, knowledge, enthusiasm and attitude but above all, their belief that anything can be achieved. Wherever possible, we will consider a variety of working options to suit your lifestyle, whether that be working from home, flexible working and part or full time employment. It’s what we call offering shared values, because a healthy happy team is good for us, good for our members and good for you.

Our People

Our Perks

As well as a highly competitive pay package, you’ll enjoy: Free places to Vitality sponsored run events, online fitness classes and wellbeing workshops, competitions to win tickets to top-flight sporting events, health checks and access to our full range of partners and rewards.

Flexible Working

Vitality Health Insurance

Bonus Scheme

Health & Wellbeing Incentives

Training & Development Opportunities

Reward & Recognition Schemes

Our Locations

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At Vitality, we are committed to diversity and inclusion because it’s good for our employees, for our business, and for society. This means we treat all job applicants fairly and welcome applications from all communities and affinity groups.

If you want to find out more about our values, our people and our commitments visit our careers site here below:

Careers

Good luck with your application!