Director, Origination & Execution

ENGINEERINGUK; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An established industry player in financial services seeks a Director for Origination & Execution in their Corporate Risk Solutions team. This role focuses on maximizing competitive advantages by structuring and executing innovative bulk purchase annuities and de-risking products for pension schemes. The ideal candidate will possess strong technical skills, commercial awareness, and project management experience, while also nurturing talent within the team. This position offers an exciting opportunity to contribute to ambitious new business targets in a supportive and inclusive environment, where your expertise will make a significant impact on client outcomes and company success.

Qualifications

• Several years' experience in BPA transactions or relevant DB pensions experience.
• Strong understanding of bulk annuity transactions and financial metrics.

Responsibilities

• Oversee marketing, origination, and execution of bulk annuity opportunities.
• Produce high-quality deliverables for clients and manage stakeholder relationships.

Skills

Commercial awareness

Technical skills

Project management

Stakeholder management

Communication skills

Problem-solving

Leadership

Attention to detail

Education

Qualified Actuary

CFA

Job description

You will need to login before you can apply for a job.

Sector: Banking and Financial Services
Role: Director
Contract Type: Permanent
Hours: Full Time

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns.

Through our behaviours of 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 also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

Director, Origination & Execution

Corporate Risk Solutions

The Corporate Risk Solutions (CRS) team was formed in 2021 in order to maximize M&G's competitive advantage as both asset owner (insurer) and asset manager. The team's purpose is to design and deliver our bulk purchase annuities and alternative de-risking products for UK Defined Benefit pension schemes.

Due to ongoing success and a strong opportunity set, the team is adding headcount in a number of areas. This role is focused on supporting the origination, structuring, and execution of buy-ins, buyouts, and other unique transaction structures not yet brought to market. CRS has ambitious new business targets and is looking for exceptional people who will help deliver results.

Key Responsibilities for this role:

• Overseeing the marketing, origination, and execution of new bulk annuity and other de-risking opportunities, structuring of transactions, and managing negotiations with trustees/companies and their advisers.
• End-to-end production of high-quality deliverables for clients and senior internal stakeholders, including checking, review, and delegation of work to junior team members.
• Internal and external stakeholder and project management, coordinating 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.
• Developing deep relationships with EBCs, trustees, and other key stakeholders which are more than just transactional.
• Recognising potential issues in transactions before they emerge as problems and delivering practical solutions, acceptable to all stakeholders.
• Nurturing and energising talent within the team and across the M&G business.

Key Knowledge, Skills & Experience:

• Commercially minded with strong technical skills, attention to detail, and the ability to effectively drive projects forward.
• Strong understanding of bulk annuity transactions essential, including key commercial elements of BPA propositions and financial metrics under Solvency UK.
• Excellent project and internal and external stakeholder management skills.
• Strong communication skills, with the ability to understand & capture client needs.
• Ambitious and self-motivated with the ability to work both on own initiative and within a team.
• Knowledge of alternative de-risking, capital, and reinsurance structures beneficial.
• Demonstrate capability to lead all aspects of a transaction.
• Several years' experience of BPA transactions or relevant DB pensions experience.
• Qualifications: Qualified Actuary or CFA preferable, but not essential.

Location: London

Work Level: Manager / Expert

Recruiter: Amy Curtis

Closing Date: 11/04/2025

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice, and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability, or long-term condition, we are looking to attract, promote, and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job will be offered an interview if they 'opt in' to the scheme when applying.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [e-mail]