PGIM Real Estate | Investment Associate
PGIM Real Estate | Investment Associate

PGIM Real Estate | Investment Associate

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Dive into UK real estate, sourcing and analysing investment opportunities while collaborating with a dynamic team.
  • Company: Join PGIM, a leading global asset manager dedicated to making a meaningful impact in financial services.
  • Benefits: Enjoy private medical insurance, generous annual leave, and a solid retirement savings plan.
  • Why this job: Be part of a culture that values respect and collaboration, shaping the future of real estate investment.
  • Qualifications: Masters in real assets or finance with 4-5 years of relevant experience in real estate finance.
  • Other info: PGIM encourages all applicants to apply, even if they don't meet every requirement.

The predicted salary is between 36000 - 60000 £ per year.

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Client:

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

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Job Reference:

7b8c91c5ff73

Job Views:

4

Posted:

29.06.2025

Expiry Date:

13.08.2025

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Job Description:

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact – touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do

The candidate will initially focus on UK operational real estate (e.g., student accommodation, single family housing, care homes, self-storage, hotels etc.) in joint ventures, with opportunities later to work across all sectors (office, retail, industrial, residential, etc.). The role will include the following:

A deep understanding of the UK real estate investment market and able to source and underwrite investment opportunities.

Ability to include debt into cashflows and generate loan covenant analysis using cashflow projections.

Assisting in the development and management of financial models, market research, detailed property assessments, review of due diligence reports, preparation of investment memorandums for internal and external investment committees, and communication with various stakeholders (both internal and external).

May also include involvement in ongoing performance reporting (working with Portfolio Managers), asset management (working with Asset Managers), as well as involvement with the capital markets team, on an ad hoc basis.

Quarterly review of appraisals for factual accuracy and ability to articulate valuation changes.

Monitoring property performance through the review of the monthly operating reports and ensure compliance with loan covenants or raise issues with fund team.

Preparation of authorization memos – sales memos, budget increases, loan refinance memos, lease approval memos.

What you will bring

Masters degree in real assets or finance

4/5 years’ relevant work experience in direct real estate or real asset finance

Demonstrable analytical and technical skills as well as very strong verbal and written English.

Experience in operational real estate, particularly residential, care homes, student, self-storage and joint venture investing.

*PGIM welcomes all applicants, even if you don\’t meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.

Annual Leave of 25 to 28 days, based on years of service, at full pay.

Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.

Life Assurance & Income Protection: Life Assurance for 8 times your basic annual salary, up to a max benefit of £1.8million. 75% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.

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PGIM Real Estate | Investment Associate employer: Prudential Financial

At PGIM, we pride ourselves on being a leading global asset manager that values talent and fosters a culture of respect and collaboration. Located in the vibrant city of London, we offer our employees a wealth of benefits including comprehensive private medical insurance, generous annual leave, and a robust retirement savings plan, all while providing ample opportunities for professional growth and development in the dynamic field of real estate investment.
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Contact Detail:

Prudential Financial Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land PGIM Real Estate | Investment Associate

✨Tip Number 1

Network with professionals in the UK real estate sector. Attend industry events, webinars, or local meetups to connect with people who work at PGIM or similar firms. Building relationships can give you insights into the company culture and potentially lead to referrals.

✨Tip Number 2

Stay updated on current trends in operational real estate, especially in the UK market. Follow relevant news sources, subscribe to industry reports, and engage in discussions on platforms like LinkedIn to demonstrate your knowledge during interviews.

✨Tip Number 3

Prepare to discuss specific investment opportunities you've analysed or projects you've worked on. Being able to articulate your thought process and the outcomes of your analyses will showcase your analytical skills and understanding of the market.

✨Tip Number 4

Familiarise yourself with PGIM's values and recent initiatives. Tailoring your conversations to reflect their commitment to collaboration and innovation can help you stand out as a candidate who aligns with their mission.

We think you need these skills to ace PGIM Real Estate | Investment Associate

Deep understanding of the UK real estate investment market
Sourcing and underwriting investment opportunities
Debt inclusion in cashflows
Loan covenant analysis
Financial modelling
Market research
Detailed property assessments
Reviewing due diligence reports
Preparation of investment memorandums
Stakeholder communication
Performance reporting
Asset management collaboration
Capital markets involvement
Appraisal review for factual accuracy
Monitoring property performance
Compliance with loan covenants
Preparation of authorization memos
Strong analytical skills
Technical proficiency in real asset finance
Excellent verbal and written English

Some tips for your application 🫡

Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Investment Associate position at PGIM. Tailor your application to highlight relevant experience in UK operational real estate and financial analysis.

Craft a Strong CV: Your CV should clearly showcase your educational background, particularly your Master's degree in real assets or finance, along with your 4-5 years of relevant work experience. Emphasise your analytical skills and any specific experience in operational real estate sectors.

Write a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your skills align with PGIM's mission and values, and provide examples of how you've successfully sourced and underwritten investment opportunities in the past.

Proofread Your Application: Ensure that your application is free from grammatical errors and typos. A well-written application reflects your attention to detail and strong verbal and written English skills, which are crucial for this role.

How to prepare for a job interview at Prudential Financial

✨Know Your Market

Make sure you have a solid understanding of the UK real estate investment market. Be prepared to discuss current trends, key players, and recent developments in operational real estate sectors like student accommodation and care homes.

✨Showcase Your Analytical Skills

Demonstrate your analytical and technical skills during the interview. Be ready to explain how you've used financial models and cashflow projections in past roles, especially in relation to debt inclusion and loan covenant analysis.

✨Prepare for Stakeholder Communication

Since the role involves communication with various stakeholders, practice articulating complex information clearly and concisely. You might be asked to present a past project or investment memorandum, so have examples ready.

✨Emphasise Team Collaboration

PGIM values respect and collaboration, so highlight your experience working in teams. Share examples of how you've successfully collaborated with portfolio managers or asset managers to achieve common goals.

PGIM Real Estate | Investment Associate
Prudential Financial
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