Commercial Manager

4 weeks ago

London, UK, United Kingdom Legal & General Full time

Company Description


Life can sometimes be unpredictable, and it pays to plan ahead. Our aim at Legal & General Retail is to help our customers plan for the unexpected, achieve financial security for their tomorrow, and protect everything that’s important to them. To better understand our customers and meet their needs, we’ve brought our protection, retirement income, savings, lending and advice, fintech and mortgage businesses under one umbrella. Created at the start of 2022 through the merging of our long-standing and trusted retail retirement and insurance businesses, we’re a fast-growing division with big, customer-centered ambitions.


Job Description


Your role at a glance

The Commercial Manager will play a pivotal role in driving the Mortgage Services business revenue generation and growth strategies. This role will be responsible for overseeing all commercial activities, optimizing financial performance through careful analysis, and ensuring the effective collaboration between various departments within LGMS to maximize profitability.

The role will also contribute to business success by identifying new business opportunities, negotiating commercial terms, and working with the wider internal business departments to support their commercial thought processes.

What you'll be doing

  • Work closely with key stakeholders across the LGMS business to design and develop products and propositions that meet the needs of our customers, whilst ensuring that the commercial structure delivers returns acceptable to the business.
  • Act as the key contact for the LGMS business regarding all commercial related matters, providing appropriate advice and guidance where required and develop the assessment and approval process for setting commercial terms for new and existing distribution deals.
  • Take the lead in pricing our products and propositions across the LGMS business, whilst liaising closely with Finance colleagues to ensure the correct profit assumptions are used as part of commercial negotiations.
  • Work closely with Finance to deliver granular profitability metrics at partner level, whilst periodically reviewing partner performance against terms agreed during commercial negotiations.
  • To manage and develop high quality assessment and approval processes for discretionary spend as well as the ensuring best practice benefit realisation processes are in place to track and maximise performance results.
  • To lead the business and drive targeted activities to improve efficiency, reduce cost and improve performance through the utilisation of insight gained via analysing core business MI and data systems.
  • Work with Distribution teams to develop and communicate a distribution strategy for LGMS products and or propositions that are appropriate for the target market and incorporates a consideration for vulnerable customers present within the target market.
  • Escalate any concerns with another firm in the distribution chain that may not be complying with the Consumer Duty (as applicable to retail customers) to senior management for consideration on whether to notify the FCA.


Qualifications


  • Business degree or similar qualification
  • Accountancy / Mathematics background preferred or relevant experience
  • Strong understanding of the UK Mortgage market
  • Demonstrating a track record of revenue growth
  • Strong negotiation skills
  • Excellent stakeholder management skills


Additional information


When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.


Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.

If you’re open to find out more, we'd love to hear from you.

  • Commercial Manager

    2 weeks ago

    London,, UK, United Kingdom People Group Full time

    The Commercial Manager shall provide day to day commercial support as a dedicated member of the central commercial management team. The role holder will be responsible for providing ad-hoc support on activities such as bids, contract negotiations and to contract account management teams. The role holder will also manage legal, financial and commercial risks...

  • Commercial Manager

    1 week ago

    London, UK, United Kingdom HS2 Full time

    Job DescriptionLocation: (North Acton) - London Salary : "Base salary: £43,750 pa to c.£54,650pa depending on skills and experience. In addition, we offer flexible benefits fund of 20% which is paid on top base salary and is fully pensionable, as well as a range of competitive benefits - check them out in the Benefits section on our website.HS2 Ltd...

  • Commercial Manager

    4 weeks ago

    London,, UK, United Kingdom Michael Taylor Search & Selection Ltd Full time

    As one of the leading M&E Contractors in the market, we currently have an opening to join their ever-growing commercial division after successful tenders for multiple Data Centres and Commercial new builds there is current requirements for an M&E Commercial Manager to run a major commercial or Data Centre scheme dependent on their background. Our client are...

  • Commercial Manager

    1 month ago

    London,, UK, United Kingdom Arguile Search Full time

    Commercial ManagerLocation: Central London (Hybrid (flexible), average of 2 days per week in-office)Salary: Up to £73,000 base + £7,000 car allowance + 20% Bonus + Additional BenefitsOur client, a prominent player in the outsourcing sector, is seeking an experienced and dynamic Commercial Manager to join their team. This is a fantastic opportunity to be...

  • Commercial Manager

    4 weeks ago

    London,, UK, United Kingdom Arguile Search Full time

    Commercial ManagerLocation: Central London (Hybrid (flexible), average of 2 days per week in-office)Salary: Up to £73,000 base + £7,000 car allowance + 20% Bonus + Additional BenefitsOur client, a prominent player in the outsourcing sector, is seeking an experienced and dynamic Commercial Manager to join their team. This is a fantastic opportunity to be...

  • Commercial Manager

    3 days ago

    London,, UK, United Kingdom Cornwallis Elt Full time

    Commercial Manager – Clients / Legal / Procurement / Finance – London - 9 Month Contract - Up to £800 p/dMy client, a global data and analytics organisation, are seeking a Commercial Director to join them on a contract basis. The ideal candidate will be a savvy commercial negotiator joining the Global Client Commercial Team to drive positive outcomes....

  • Commercial Manager

    3 days ago

    London,, UK, United Kingdom Egis in the UK Full time

    Egis is a leading global consulting, construction engineering and operating firm. We work hand-in-hand with our clients, across every aspect of transport, energy and the built environment to build a more balanced, sustainable and resilient world. The Egis Group has more than 50 years of experience and a team of 19,500 employees in over 100 countries around...

  • Commercial Manager

    2 weeks ago

    London,, UK, United Kingdom Anson McCade Part time

    Contract - Commercial Manager - 12 Month ContractHere at Anson McCade, we are working with a Digital Transformation Consultancy to recruit an experienced Commercial Manager to join their Commercial Team on a temporary basis to cover a period of maternity leave. The role has a strong emphasis on drafting, negotiating, and managing contracts and proposals and...

  • Commercial Manager

    1 month ago

    London, UK, UK, United Kingdom Berkshire Talent Partnership Full time

    Berkshire Talent Partnership are proud to be working with a leading infrastructure and energy developer. Our client has 1.5GW+ under construction or in operation, and 15GW+ at advanced stages of their project development pipeline.As such this exciting company are expanding their team and are currently hiring for a Commercial Manager to join their...

  • Commercial Manager

    4 weeks ago

    London, UK, UK, United Kingdom Berkshire Talent Partnership Full time

    Berkshire Talent Partnership are proud to be working with a leading infrastructure and energy developer. Our client has 1.5GW+ under construction or in operation, and 15GW+ at advanced stages of their project development pipeline.As such this exciting company are expanding their team and are currently hiring for a Commercial Manager to join their...

  • Commercial Manager

    3 days ago

    London,, UK, United Kingdom KJ Talent & Partners Full time

    Are you looking to move away from the red tape that is number 1 in their category, digitally first and set to be one of the most desirable sustainable beauty brands in the world? Somewhere you can make a difference build a business and implement your ideas? Then this Commercial Manager role could be for you where you will be part of the most amazing...

  • Commercial Manager

    1 month ago

    London,, UK, United Kingdom HENI Full time

    The HENI Group is an international arts services business working with leading artists and estates across publishing, printmaking, digital, film, art research and analysis. We focus on the individual artist and their work, offering art services including printing and reproduction, digital management, events, mounting, logistics, fine art photography and an...

  • Commercial Manager

    4 weeks ago

    London, UK, United Kingdom Aon Full time

    Commercial Manager Are you a highly driven and energetic individual who will work across our organisation to deliver success? Will you take initiative to source and execute opportunities to support our growth goals? We are looking for a passionate and driven commercial manager who will play a pivotal role in supporting our Chief Commercial Officer in...

  • Commercial Manager

    1 week ago

    London, UK, UK, United Kingdom TalentEdge Full time

    An exciting global leading Media company based in Central London with an awesome culture and excellent perks has a brilliant and appealing opening in the team for a Commercial Manager.The Commercial Finance Manager position is a senior role in the agency to work closely with the Commercial Assistant Director and agencies. You will be supporting the...

  • Commercial Manager

    2 weeks ago

    London,, UK, United Kingdom Broadgate Full time

    Job Description• Provide financial and commercial support to the Global Client Leads. Ensuring their views get reflected in the Budget/Reforecasting process, giving them an understanding of the performance and profitability of the client and managing working capital issues.• Lead all commercial & contract conversations with global clients. Act as the...

  • Commercial Manager

    2 weeks ago

    London,, UK, United Kingdom Invision Recruitment Ltd Full time

    Invision Recruitment are partnered with an Award-Winning, leading construction company who currently turnover circa£300 Million annually, whilst securing £2 Billion worth of developments in the pipeline.My client are known for their efforts within Residential Developments, however, do also specialise across multiple sectors such as Commercial, Leisure &...

  • Commercial Manager

    1 month ago

    London,, UK, United Kingdom Alexander Steele Recruitment Full time

    Commercial ManagerON TradeRemote/LondonAlexander Steele Recruitment have partnered with a leading award-winning spirits manufacturer that is seeking an enthusiastic and resilient individual to join their team to help with their growth.The Commercial Manager develops and executes commercial strategies to drive growth and profitability across key customers....

  • Commercial Manager

    1 month ago

    London, UK, UK, United Kingdom Macro Full time

    Commercial Manager Ref: 25215 London (Hybrid)The opportunityWe are hiring an ambitious and forward-thinking Commercial Manager to join our established and growing team in the UK.The role is to support the retention of current business and the acquisition of a new business with a focus on delivering commercially sound and competitive pricing, actively seeking...

  • Commercial Manager

    4 weeks ago

    London, UK, UK, United Kingdom Macro Full time

    Commercial Manager Ref: 25215 London (Hybrid)The opportunityWe are hiring an ambitious and forward-thinking Commercial Manager to join our established and growing team in the UK.The role is to support the retention of current business and the acquisition of a new business with a focus on delivering commercially sound and competitive pricing, actively seeking...

  • Commercial Finance Manager

    2 weeks ago

    London,, UK, United Kingdom Ignata Finance - a ZRG Partners Company Full time

    Ignata Finance have been exclusively engaged on a 12-14 month Commercial Finance Manager role working for a household name in the retail world. The role operates on a hybrid model working two days in the office in Central London and three days from home.Who you are:The successful Commercial Finance Manager will be fully qualified (ACA/ACCA/CIMA) with...