Proposition Governance Lead

Alexander Lloyd are currently partnered with a Growing Re-Insurance provider on a Proposition Governance Lead role that will provide independent challenge, regulatory insight, and governance assurance. You will be responsible for maintaining effective governance frameworks, overseeing regulatory compliance, and ensuring that risks, decisions, and outcomes are clearly evidenced and documented.

Key Responsibilities

• Apply and oversee the governance framework for retail retirement propositions, ensuring full compliance with Consumer Duty and PROD4 requirements for the Retail Product Manufacturing unit.
• Provide effective regulatory oversight, ensuring governance controls operate as intended, risks are identified and escalated appropriately, and decisions are robustly documented.
• Independently assess product performance, customer outcomes, and governance data to identify regulatory risks, emerging issues, and trends.
• Provide clear, evidence-based challenge and recommendations to senior stakeholders, including escalation of material regulatory concerns where required.
• Own and maintain the Proposition Development Procedure (PDP) and Proposition Governance Process (PGP), ensuring documentation remains compliant, current, and approved within regulatory and internal timescales.
• Lead the annual Fair Value Assessments and Product Reviews for all retail products, ensuring these meet regulatory expectations and are completed to a high standard within required deadlines.
• Monitor, interpret, and assess regulatory publications and guidance relating to Consumer Duty and PROD4, translating requirements into practical governance controls and embedded processes.
• Work closely with Retail and Group risk, compliance, and technical teams to ensure a consistent and effective approach to regulatory governance.
• Act as a subject-matter expert and advocate for strong governance standards, supporting a culture of regulatory accountability across the business.

Skills and Experience

• Experience working in a governance, regulatory, risk, or technical role within pensions, the wider retirement market, or financial services.
• Strong, practical knowledge of Consumer Duty and PROD4, particularly from a product manufacturer perspective.
• Demonstrable experience implementing, embedding, or providing assurance over Consumer Duty or similar regulatory frameworks.
• Proven ability to interpret regulatory requirements and convert them into clear governance processes, controls, and documentation.
• Strong analytical skills, with experience assessing data, customer outcomes, and product performance through a regulatory lens.

Please quote 52155 when calling Aaron at Alexander Lloyd or email them at apu@alexanderlloyd.co.uk. This is only one of many vacancies we are handling, Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Employee Benefits, Compliance, Pensions, Group Risk, Paraplanners, Sales Support, T&C etc.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.