Proposition Analyst - Financial Planning

About the Business

Quilter Cheviot has been the wealth manager of choice for individuals and families for over 250 years, and today is one of the UK's largest wealth management firms offering expert discretionary investment management and financial advice through our sister company, Quilter Cheviot Financial Planning. We offer a highly personalised service to private clients, charities, trustees, and professional partners. Quilter Cheviot has presence throughout the UK, Ireland and Channel Islands.
We are part of Quilter plc, a leading provider of advice, investment platforms, multi-asset investment solutions and discretionary fund management which is listed on the London and Johannesburg stock exchanges and manages over £111.6 billion of client investments (as at March 2024).
If you want to play a part in shaping the future of our business, bringing new ideas and challenge then now is a great time to join us.

• New addition to a growing team focused on helping QC fulfil its Financial Planning Proposition requirements as part of being its own Directly Authorised organisation. The role will focus on enabling the team to ensure propositions remain competitive, compliant, and compelling. Specifically focusing on managing product/provider relationships, managing panels and conducting research/due diligence, as well as supporting the team, Financial Planners, and support teams to deliver key objectives and succeed whilst delivering exceptional client outcomes.
• This role reports to the Head of Commercial Development and forms part of the overall Proposition team. Over time as the team develops, this reporting line is likely to change to report into a Financial Planning Proposition Manager.
• You must have a robust understanding of Consumer Duty and the principles of fair value and target market operation. A knowledge of the PROD source book would also be an advantage. Whilst this isn't a directly customer facing role, the duties you will perform will contribute to the overall positive outcomes for our clients.

About the Role

Level: Level 3

Department: Proposition and Marketing

Location: Birmingham | Carlisle | Chester | Exeter | Leeds | London (Hybrid Working)

Contract type: Permanent.

• The purpose of this role is to help the team establish, maintain, and improve a competitive Financial Planning proposition as part of new regulatory permissions being taken by Quilter Cheviot. This will include a wide range of tasks and requires a strong working knowledge of financial planning and wealth management.
• Helping to support the maintenance of a standalone proposition including an offering across Investment and pensions, Mortgages and Protection, and other complex needs and requirements. Specifically covering the propositions themselves, but also relationships with providers to establish a close working relationship. Likely including holding regular provider liaison meetings to ensure any queries or questions can be resolved as well as gaining an understanding over any product of provider developments. You will work closely with our panel providers ensuring the sales data is monitored and any irregularities escalated.
• You will be responsible for ensuring our whole proposition is regularly reviewed and remains fit for purpose. You will also be responsible for managing the concession process ensuring any trends are analysed and recommendations made to help close any propositional gaps.
• You will work alongside other analysis within the business who are responsible for provider system access and payment and valuation data flows.
• You may also support with professional introducers and affiliate partner relationships.
• You will also work in close collaboration with other departments of the business to help effectively manage any propositional change delivery.

Responsibilities

• You will lead the review cycle when assessing the appropriateness of our current panel providers, including the Request for Information (RFI).
• You will manage the concessions process for any deviation from the CIP or Product panel.
• You will analyse trends from provider and management information.

About You

We are looking for a candidate who has the following:

• You will have extensive organisational skills, be able to undertake detailed analysis, especially when doing complex tasks.
• You will have had experience working with providers, acting as a liaison, ensuring clear communication with stakeholders at all stages.
• You will establish and develop key provider relationships.
• You will establish provider sales data MI to ensure there is an overview of all business written.
• You will be proficient in Excel and/or other database applications.
• You will have the ability to present findings to key stakeholders as and when required.
• Be curious and proactive in problem-solving and know how to be resourceful.
• You will communicate clearly and translate complex topics and logic into simple and understandable steps for others.
• You must be able to multi-task and meet tight deadlines, whilst still having a positive attitude to build strong relationships with both internal and external stakeholders.
• Lastly, working well in a team is important, but the ability to work individually and manage your own workload will also be required as part of the role.

Inclusion & Diversity

We value diversity and strive to promote inclusivity in all aspects of our culture. We believe in equal opportunities for all, ensuring that no applicant encounters less favourable treatment based on anything but their skills, qualifications, experience, and potential. We celebrate the unique contributions of a diverse workforce and create a respectful, nurturing environment where every colleague can thrive.

Values

Do the right thing: We act with integrity and are proudly committed to going above and beyond in service of our clients and the support we provide our communities.
Always curious: We continuously seek new ideas and knowledge so we're one step ahead of our clients' needs. We look for inspiration everywhere and encourage experimentation, recognising that this is how we create brilliant solutions for brighter futures.
Embrace challenge: We aim high to transform our potential into meaningful outcomes. With ambition as our driving force and a steadfast commitment to growth, we succeed for the good of every generation.
Stronger together: Combining our diverse talents, we accomplish more collectively than we ever could do alone. We speak openly, actively listen, and support each other, and constructively challenge and embrace new ideas. We seek empowerment and demonstrate ownership and trust, with the confidence to make impactful decisions.

Core Benefits

Holiday: 182 hours (26 days)

Quilter Incentive Scheme: All employees are eligible to participate in the incentive scheme, to incentivise business performance and their contribution.

Pension Scheme: A non-contributory company pension scheme that can be boosted through personal contributions.

Private Medical Insurance: Single cover as standard with options to increase cover to include your partner or children.

Life Assurance: 4x your salary.

Income Protection: 75% of salary, less state benefits, payable after 26 weeks of absence.

Healthcare Cash Plan: Jersey employees only.

In addition to our core benefits, we offer a range of flexible benefits to UK employees that you can choose from and pay for conveniently via a salary deduction.