• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-04-22

Commercial Analyst - 18mth FTC

  • Full time
  • London, England, United Kingdom
  • 22 Apr 19

Commercial Analyst - 18mth FTC

Working with M&GPrudential as a Commercial Analyst means becoming part of a brand with a global reputation and an exciting vision: to be the most loved and most successful saving & investments business.

The forthcoming planned de-merger of M&GPrudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

The Role:

We are looking for a Commercial Analyst to join us in Reading or London on a 18mth Fixed Term Contract basis.

The Strategic Partnerships team within Customer Savings and Investments is focused on ensuring that M&GPrudential secures a supply chain that delivers great service to M&GPrudential customers at the lowest possible cost.

As a Commercial Analyst you will enable high quality decision making within the Strategic partnerships team. Using a combination of detailed analysis, an understanding of Prudential's' needs and the market place you will enable decisions including whether to make or buy, supplier selection, change requests and renewal decisions. Day to day responsibilities will include supporting Commercial Contract Managers and effectively managing and improving our existing supplier relationships.

In this role you will primarily be providing Commercial support to the upcoming Rothesay Life Contract where M&GPrudential will be the supplier, transferring annuity policies to Rothesay Life, a UK-based annuities specialist.

Key Responsibilities:
  • Provide analytical and advisory support on commercial contracts with outsource providers
  • Help the leadership team make good sourcing decisions
  • Seek out opportunities to optimise the supply chain
  • Maintain the governance requirements for the Commercial Management area
  • Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in Prudential UK's operational risk
To succeed in this role you will have an analytical mind-set, complex problem solving skills, excellent attention to detail and experience in the following:
  • Analysis tools and techniques (excel)
  • Financial modelling and business case generation
  • Risk management/ risk analysis
  • Procurement processes and practices
  • Working with outsourced providers
  • Financial and commercial management
  • Ideally a degree in a numerical subject such as Maths or Economics, a relevant professional qualification (Six Sigma, PRINCE2 etc) or a Management of risk qualification
People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.

M&GPrudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.

Location: Reading/London
Recruiter: Kelly Chalmers/ Laura Campbell
Closing Date: 1 May 2019