Director, Origination & Execution

M&G; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Director in Corporate Risk Solutions to lead the origination and execution of innovative bulk annuity transactions. This role involves overseeing marketing and negotiations, managing projects, and developing strong stakeholder relationships. The ideal candidate will possess a deep understanding of bulk annuity transactions and demonstrate exceptional project management skills. Join a dynamic team committed to delivering results in a collaborative environment, where your expertise will contribute to the success of the organization and its clients. If you are ambitious and self-motivated, this opportunity is perfect for you.

Qualifications

• Several years’ experience of BPA transactions or relevant DB pensions experience.
• Strong understanding of bulk annuity transactions and financial metrics under Solvency UK.

Responsibilities

• Overseeing marketing, origination, and execution of new bulk annuity opportunities.
• Developing strong relationships with EBCs, trustees, and key stakeholders.

Skills

Commercial awareness

Technical skills

Project management

Stakeholder management

Communication skills

Problem-solving

Understanding of bulk annuity transactions

Knowledge of alternative de-risking

Education

Qualified Actuary

CFA

Job description

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 work place 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 ability to understand & capture client needs.
• Ambitious and self-motivated with 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.

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]