Senior Associate, Origination & Execution

M&G plc; Greater London; On-site; GBP 75,000 - 115,000; Full time

Benefits offered by this job

Pension up to 18%

Share Save plan

Share Incentive Plan

38 days annual leave

Private Healthcare

Parental leave

Job summary

M&G plc is recruiting for a Senior Associate in London to own origination and execution of bulk annuities and other de-risking opportunities. You will liaise with EBCs, trustees and external partners, driving progress across multiple workstreams.

The role requires strong commercial acumen, project management and the ability to deliver high-quality client deliverables in a fast-growing area of the business.

Qualifications

• Commercial mindset with strong technical skills and attention to detail.
• Experience in bulk annuity transactions or similar client-facing roles.
• Excellent project management and ability to coordinate multiple workstreams.
• Strong written and verbal communication, comfortable presenting to stakeholders.
• Self-motivated, solutions-oriented and able to work independently.
• Ability to manage tight deadlines and prioritise workload.

Responsibilities

• Take ownership of marketing, origination and execution of bulk annuities and de-risking opportunities.
• Build relationships with internal and external stakeholders and respond to queries promptly.
• Engage with Employee Benefit Consultants and professional trustees as a key contact.
• Coordinate cross-functional teams and outsourcing partners to align workstreams.
• Explain novel bulk annuity structures and reinsurances to stakeholders.
• Produce governance papers, presentations and client responses with high quality.

Skills

Commercial awareness

Client-facing

Project management

Effective communication

Team collaboration

Independent worker

Job description

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.

Senior Associate, Origination & Execution

The Pension Risk Transfer (PRT) team, part of Corporate Pension Solutions (CPS), wasestablishedin 2021 toleverageM&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 taking ownership of key activities across the origination and execution of buy-ins,buyoutsand other unique transaction structures.

Key Responsibilities for this Role:

• Taking ownership of key activities across the marketing, origination and execution of new bulk annuities and otherde-riskingopportunities, proactively progressing workstreams independently withappropriate seniorsupport
• Building effective relationships with internal and external stakeholders, managing ad-hocqueriesand contributing confidently to wider relationship management activities
• Engaging confidently with the Employee Benefit Consultant (EBC) and Professional Trustee market, acting as a keycontactand coordinating high-quality,timelyresponses to queries and surveys
• Coordinating colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, pricing, legal and structuring workstreams into strong client propositions, driving progress and alignment across workstreams
• Demonstrating a strong understanding of our novel bulk annuity transaction structures, reinsurancesolutionsand new product lines, and communicating these clearly to internal and external stakeholders
• Producing high-quality deliverables for clients and senior internal stakeholders, including governance papers, presentations, quotationdocumentsandresponsestocontractual requests

Key Knowledge, Skills & Experience:

• Commercially minded with strong technical skills, sound judgement, attention to detail and a consistent ability to produce high-quality client deliverables
• Strong knowledge of bulk annuity transactions orsignificant experiencein a closely aligned client-facing role, with the ability to apply this knowledge across deal execution,propositiondevelopmentand client interactions
• Excellent project management skills, with the ability tomaintainoversight of timelines, coordinate multiple workstreams and manage internal and external stakeholders effectively
• Strong written and verbal communication skills, with confidence presenting to senior internal and external stakeholders and the ability to understand and capture client needs
• Ambitious,self-motivatedand solutions-oriented, with the ability to work independently, take ownership, delegate effectively and collaborate within a team
• Able to prioritise a varied workload, deliver consistently against multiple strict deadlines and exercise judgement on when to seek review or support

Location: London

Work Level: ExperiencedColleague

Recruiter: Amy Curtis

Follow Prudential Corporate Pension Solutions on LinkedIn to stay up to date with theteamslatest achievements https://www.linkedin.com/showcase/corporate-pension-solutions/

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. Our UK benefits include :

• 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

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee‑led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. 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]