Investment Propositions Manager

End Date

Salary Range

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Investment Proposition Manager (Workplace)

LOCATION: Edinburgh or London

SALARY: Competitive - will be discussed at interview stage

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at our Edinburgh office.

About This Opportunity:

We’re looking for an Investment Proposition Manager to join our Investment Solutions team within Insurance, Pensions and Investments (IP&I).

IP&I supports over 10 million customers across investments, retirement and insurance. Through Scottish Widows, we deliver high‑quality investment solutions and continue to evolve our proposition to meet changing customer needs and improve outcomes.

This role sits within the Investment Proposition team, with a focus on Workplace Pensions. You'll support the design, development and ongoing management of the workplace investment proposition.

Working closely with teams including asset allocation, portfolio management, risk and governance, you'll help ensure solutions meet regulatory requirements and deliver good member outcomes. You'll also contribute to proposition development, including sustainability and responsible investment.

Your work will support improved customer outcomes and strengthen our workplace investment proposition.

What you’ll be doing:

• Driving and supporting solution design, evolution and ongoing management of the Workplace pension investment proposition, including default strategies and fund ranges.

• Working closely with propositional and governance colleagues, acting as a bridge between Investments and the wider business to translate strategy, regulation and insight into clear, deliverable investment solutions.

• Driving ongoing relevance of the proposition through analysis of customer needs, market developments and competitor trends, and translating this insight into proposition improvements.

• Supporting the full lifecycle management of workplace investment solutions, including enhancements to existing propositions and input to new solution development.

• Leading and contributing to investment design and policy activity, including proposition documentation, member‑facing materials and supporting tools.

• Providing targeted investment and proposition support to distribution teams when required, including engagement with Investment Distribution Specialists, and supporting external activity.

• Providing broader proposition support across Advice and Direct‑to‑Consumer channels when required.

• Contributing to governance frameworks and operating within defined risk, legal and regulatory standards.

Why Lloyds Banking Group:

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What we’re looking for?

• Experience in Workplace DC pensions with a focus on investment proposition

• Strong knowledge of default investment strategies, lifestyle strategies and workplace fund ranges

• Understanding of the workplace pensions market including members, employers, trustees advisers and providers

• Broad investment knowledge including asset allocation, fund structures and investment design

• Experience contributing to investment proposition development within a pension provider consultancy or asset manager

• Strong analytical skills with experience assessing market trends customer needs and competitor positioning

• Ability to work with partners across investment proposition and governance teams

About working for us:

Our ambition is to be the top tier UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.

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.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need

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

Ready for a career where you’ll learn and thrive? Apply today and find out more.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.