Senior 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 taking ownership of key activities across the origination and execution of buy-ins, buyouts and other unique transaction structures.

• Taking ownership of key activities across the marketing, origination and execution of new bulk annuities and other de-risking opportunities, proactively progressing work streams independently with appropriate senior support
• Building effective relationships with internal and external stakeholders, managing ad-hoc queries and contributing confidently to wider relationship management activities
• Engaging confidently with the Employee Benefit Consultant (EBC) and Professional Trustee market, acting as a key contact and coordinating high-quality, timely responses to queries and surveys
• Coordinating colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, pricing, legal and structuring work streams into strong client propositions, driving progress and alignment across work streams
• Demonstrating a strong understanding of our novel bulk annuity transaction structures, reinsurance solutions and 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, quotation documents and responses to contractual requests

• 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 or significant experience in a closely aligned client-facing role, with the ability to apply this knowledge across deal execution, proposition development and client interactions
• Excellent project management skills, with the ability to maintain oversight of timelines, coordinate multiple work streams 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-motivated and 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…