M&G PLC

Associate, Origination & Execution

London Full time

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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Associate, Origination & Execution

The Pension Risk Transfer (PRT) team was formed in 2021 in order to maximize M&G's competitive advantage as both asset owner (insurer) and asset manager. The remit of the team is to design 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 and execution of buy-ins, buyouts and other unique transaction structures. PRT has ambitious new business targets and is looking for exceptional people who will help deliver results.

Key Responsibilities for this Role:

  • Supporting the marketing, origination and execution of new bulk annuities and other de-risking opportunities

  • 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 responding to queries and surveys in a timely manner

  • 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

  • Helping to produce high quality deliverables for clients and senior internal stakeholders

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

  • Excellent project and internal and external stakeholder management skills

  • Strong communication skills, ability to understand & capture client needs

  • Ambitious and self-motivated with ability to work both on own initiative and within a team

  • Able to prioritise workload to cater for multiple strict deadlines

Location: London

Work Level: Colleague

Recruiter: Amy Curtis

Closing Date: 28th November 2025

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

  • As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to 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 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.  

  • Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

  • Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

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

We have a diverse workforce and an inclusive culture at M&G, 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. 

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: careers@mandg.com