Job Title: Head of Cost Management

Contract Type: Permanent

Location: Edinburgh, Alderley Edge or London

Working style: Hybrid 50% home/office based

Closing date:  11th April 2024

We are seeking a highly skilled and experienced professional to join our Finance team as the Head of Cost Management, based in either Edinburgh, Alderley Edge or London. In this role, you will be responsible for overseeing and managing the Group’s cost base. Your expertise will be instrumental in developing and implementing strategies to reduce costs, improve profitability, and enhance operational efficiency.

You will play a pivotal role in overseeing and optimising our cost control strategies. You will be responsible for analysing financial data, identifying cost-saving opportunities, and implementing initiatives to mitigate risks. Your keen analytical skills and commercial business acumen will be crucial in managing and influencing expenses across departments.

You will be a key part of Royal London’s Business Finance team, providing financial expertise and insight to drive performance. This role will the offer the successful candidate the opportunity to directly influence our executives, supporting them to make sound business decisions and ensure delivery of our strategy to achieve our Purpose.

About the role

• Leading the Cost Management team: responsible for oversight and challenge of function spend and cost control across Royal London.
• Encourage a culture of cost control across Royal London, emphasising its importance when interacting with business stakeholders and taking personal ownership of driving this change in behaviours across the Group.
• Drive innovation and future scalability in the Cost Management team.
• Identify areas of improvement across the cost management team, making sure that processes are optimised.
• Act as a day-to-day contact for senior Finance and Business stakeholders for key cost management issues, in support of the Finance Business Partners.
• Provide financial leadership, relevant insight, and challenge in determining and delivering the strategic cost strategies.

About you

• Qualified Accountant or Actuary.
• Excellent communication skills, both face-to-face and report writing including the ability to present complex information clearly and accurately.
• Significant cost control experience including a solid understanding and appreciation of best practice in this area in peer organisations.
• Strong leadership skills and a proven ability to shape, lead and successfully manage teams.
• Proven track record of delivering process improvement and value-add insight.

About Royal London

We’re the UK’s largest mutual life, pensions, and investment company, offering protection, long-term savings and asset management products and services.   

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve. 

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits  

Inclusion, diversity and belonging 

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.