At a Glance
- Tasks: Provide legal advice on retail savings and investment products while managing risks.
- Company: Join a leading savings and investments firm with over 175 years of innovation.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and private healthcare.
- Other info: Inclusive culture welcoming diverse backgrounds and offering flexible working arrangements.
- Why this job: Make a real impact in a collaborative environment focused on integrity and care.
- Qualifications: Qualified solicitor with 4+ years in life insurance, pensions, or retail financial services.
The predicted salary is between 60000 - 75000 £ per year.
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.
We’re seeking an experienced retail financial services lawyer to join as a permanent member of the M&G Legal team, focusing on advising our Individual Life & Pensions business.
Key Responsibilities- Provide timely, clear and commercially pragmatic legal advice on matters relating to:
- retail savings and investment products
- product structuring and design
- customer communications and financial promotions
- Interpret and apply relevant legal and regulatory frameworks, translating these into practical guidance for the business
- Support the business in identifying and managing legal, regulatory and conduct risks
- Advise on the development and implementation of new and existing products and propositions, including changes to features, distribution and servicing models
- Provide legal input into product lifecycle management, including remediation activity where required
- policy terms and conditions
- customer communications
- marketing materials and financial promotions
- Qualified solicitor (England & Wales or equivalent) with at least 4 years of relevant PQE (Essential)
- Experience of advising within one of the following sectors (Essential):
- Life insurance and/or Pensions and/or Asset/wealth management and/or Retail financial services
- Working knowledge of legal and regulatory frameworks relevant to retail savings and investment products.
- Strong ability to apply legal principles pragmatically in a commercial context
- Sound judgement and ability to balance legal risk with business objectives
- Ability to manage complex issues and provide clear recommendations
- Strong interpersonal and communication skills
- Proven ability to influence and engage effectively with senior stakeholders
- Collaborative approach, with the ability to work across functions.
- Proactive, solutions-oriented approach
- High levels of integrity and professional judgement
- Ability to manage competing priorities and deliver high-quality output to deadlines
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days.
- Market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
M&G is committed to an inclusive culture. We have a diverse workforce and an employee‑led network that provides networking opportunities, advice and support for the diverse communities we represent. We welcome candidates of all backgrounds, including those who have served in the military or are 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
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel - Individual Life & Pensions
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including M&G, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal Counsel - Individual Life & Pensions
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at M&G, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in M&G and the specific role of Legal Counsel - Individual Life & Pensions. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for M&G’s culture!
How to prepare for a job interview at M&G
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at M&G.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at M&G.
