Associate, Origination & Execution

M&GPrudential; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

38 days annual leave

Private Healthcare

Life Assurance

Pension scheme up to 18%

Job summary

M&G is hiring an Associate for Origination & Execution in London. The role focuses on supporting the origination and execution of bulk annuities and other de-risking opportunities, working with stakeholders to deliver strong client propositions.

You'll engage with EBC, trustees and external partners, coordinating across teams to integrate commercial, investment and legal workstreams, while building expertise in novel transaction structures.

Qualifications

• Commercially minded with the ability to produce high quality client deliverables.
• Understanding of bulk annuity transactions or related client-facing experience is beneficial.
• Strong organisational skills to manage priorities and coordinate across stakeholders.
• Excellent written and verbal communication to capture client needs.

Responsibilities

• Support marketing, origination and execution of new bulk annuities and de-risking opportunities.
• Collaborate with internal and external stakeholders and handle ad-hoc queries.
• Engage with EBC and Professional Trustee market and respond to surveys.
• Coordinate colleagues and outsourcing partners to integrate workstreams into client propositions.
• Develop understanding of bulk annuity transaction structures and related products.
• Produce high quality deliverables for clients and senior stakeholders.

Skills

Commercial mindset

Attention to detail

Communication skills

Organisational skills

Independent work

Job description

Associate, Origination & Execution

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions. Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Pension Risk Transfer (PRT) team, part of Corporate Pension Solutions (CPS), was established in 2021 to leverage M&G's unique position as both an insurer and asset manager. The team develops Bulk Purchase Annuity (BPA) and other de-risking solutions for UK Defined Benefit pension schemes. With ambitious growth plans and a target of writing £3-£4bn of new business per year from 2027, the team is continuing to expand and offers the opportunity to join a fast-growing area of the business. This role is focused on supporting the origination and execution of buy-ins, buy-outs and other unique transaction structures.

Key Responsibilities for this Role

• Supporting the marketing, origination and execution of new bulk annuities and other de-risking opportunities, taking ownership of assigned activities and progressing them with appropriate senior support
• Working with internal and external stakeholders and supporting on ad-hoc queries and wider relationship management activities
• Engaging with the Employee Benefit Consultant (EBC) and Professional Trustee market and preparing high-quality, timely responses to queries and surveys
• Supporting the coordination of colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, pricing, legal and structuring workstreams into strong client propositions
• Developing a strong understanding of our novel bulk annuity transaction structures, reinsurance solutions, and new product lines
• Supporting the production of high-quality deliverables for clients and senior internal stakeholders, including presentations, quotation documents and responses to contractual requests.

Key Knowledge, Skills & Experience

• Commercially minded with strong technical skills, attention to detail and ability to produce high quality client deliverables
• An understanding of bulk annuity transactions or experience in a closely aligned/client-facing role is beneficial, with a willingness and ability to build expertise in the market
• Strong organisational skills, with the ability to manage competing priorities, coordinate activities across stakeholders and contribute to successful project delivery.
• Strong written and verbal communication skills, with the ability to build effective working relationships and understand and capture client needs
• Ambitious and self-motivated with the ability to use initiative, and work effectively both independently and as part of a team
• Able to prioritise workload effectively to cater for multiple competing deadlines

Location: London

Work Level: Colleague

What we offer

• We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future.
• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
• Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2024, we had £345.9 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2024, we had £345.9 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application. We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying.

If you need any additional support at any stage, please contact us at: [e-mail]