Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
The Agency Compensation and Contest Lead owns in-house agency insights agenda and agency proposition. The role leads studies and analysis that turn data into clear recommendations and translates business strategy into a coherent, agency-friendly value proposition. It is accountable for the design, assessment and project management of agency compensation, recruitment financing, campaigns, contests, maintenance of contract (MOC) and leader promotion propositions, while ensuring that agency standards, manuals and field materials remain current, consistent and practical.
Job Accountabilities:
- Own the annual and rolling agency insights agenda, prioritizing studies that address strategic management questions and improve decision quality
- Lead agency studies from problem definition through data interpretation, recommendation, stakeholder alignment and management presentation
- Build sustainable in-house insights capability by establishing methods, standards, documentation and knowledge transfer that reduce reliance on external consultants
- Oversee the design, assessment and refinement of agency propositions, including agency compensation, recruitment financing, campaigns, contests, MOC and promotion
- Translate growth strategies and initiatives into one clear agency-facing narrative, with simple value propositions and launch materials suited to field use
- Assess proposition effectiveness using agreed commercial, behavioral and field-engagement measures and recommend enhancements
- Partner with Agency Analytics to define analytical requirements and convert persistency, production, contest, forecast and management-reporting outputs into actionable insight
- Provide end-to-end project leadership for proposition development, including scope, milestones, dependencies, risks, approvals, readiness and post-launch review
- Own the governance and currency of the Agency Manual, proposition standards and supporting materials in partnership with relevant subject-matter owners
- Prepare concise executive recommendations and decision papers that explain the issue, evidence, options, implications and recommended action
- Lead, coach and prioritize the work of the Insights & Propositions Senior Manager, building a high-quality, responsive and business-oriented unit
- Collaborate with Strategy & Budget, Agency Analytics, Agency Rewards & Events, Distribution leaders, Finance, HR, Legal, Compliance, Risk, Marketing and Technology as required
- Be familiar with and understand Pru Life UK Compliance Standards. Be fully aware of the role’s responsibilities and competent to carry them out to the required standards. Report all compliance matters openly and honestly to the Compliance Officer in accordance with applicable reporting requirements. Maintain a process within the department to ensure that all relevant compliance matters are identified and reported
- Perform other functions as may be assigned
Job Specification:
- Bachelor’s degree in Business, Economics, Finance, Mathematics / Statistics, Industrial Engineering or a related discipline. A relevant postgraduate degree is an advantage
- Strong knowledge of strategy, commercial analytics, proposition design, research and insight generation. Familiarity with life insurance distribution, agency economics, compensation, incentive design, recruitment financing, campaigns and change implementation is strongly preferred
- Strategic thinking; structured problem solving; quantitative and qualitative analysis; proposition design; executive storytelling; stakeholder influence; project and change management; people leadership; judgement; attention to detail; advanced PowerPoint and Excel. Experience with BI or statistical tools is an advantage
- At least 7 years of relevant experience in strategy, insights, analytics, propositions, consulting, distribution or commercial roles, including at least 3 years leading people or major cross-functional programs. Insurance or financial-services experience is strongly preferred
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
