Senior Manager – Transfer Pricing in London

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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

Role Purpose

We are seeking an experienced Senior Manager – Transfer Pricing to join the International Tax team and support the continued development, implementation and governance of M&G's global transfer pricing framework.

This is a strategically important role operating across both the Asset Management and Insurance businesses.

The successful candidate will work closely with senior stakeholders across Finance, Legal, Risk, HR, Procurement and the business to design, implement, monitor and defend transfer pricing policies while supporting commercial change, business expansion and organisational transformation.

Reporting to the Head of International Tax, the role offers significant exposure to senior leadership and provides the opportunity to influence major strategic projects across a global financial services group.

Key Responsibilities

• Transfer pricing strategy and policy: Support the development and maintenance of the Group's global transfer pricing framework across Asset Management and Insurance.

Design and review policies for intra-group services, investment management activities, distribution arrangements, real estate operations, financing transactions and other cross-border dealings.

• Business restructuring and operating model change: Advise on the transfer pricing implications of legal entity restructurings, business integrations, outsourcing projects and organisational transformations, including cross-border movements of functions, assets, risks and personnel.
• Permanent establishment risk management: Identify, assess and monitor PE risks arising across the Group's global operations, working with Legal, HR and business stakeholders to develop governance frameworks, controls and risk mitigation strategies.
• Transfer pricing compliance and documentation: Oversee preparation and review of Local Files, Master File contributions, benchmarking studies, economic analyses and supporting technical documentation capable of supporting tax authority review.
• Governance and operational implementation: Work with Finance and operational teams to ensure transfer pricing policies are accurately reflected in financial systems, legal agreements, controls, governance procedures and management reporting.
• Audit, controversy and dispute resolution: Lead responses to transfer pricing enquiries and tax authority audits, coordinate technical positions and defence strategies, and support APAs, MAPs and other dispute resolution initiatives.
• Senior stakeholder engagement: Act as a trusted adviser to business and functional stakeholders, presenting complex technical issues clearly and commercially, and supporting materials for governance committees and senior management.
• Team development: Line manage, mentor and develop two junior resources within the International Tax team, supporting knowledge sharing, capability building and continuous improvement across the tax function.
• Knowledge Skills & Experience
• Minimum five years' direct transfer pricing experience gained in industry, professional services or a combination of both.
• Strong technical knowledge of the OECD Transfer Pricing Guidelines and international transfer pricing principles.
• Practical experience across transfer pricing planning, implementation, documentation and controversy management within multinational groups.
• Experience supporting tax authority audits, managing external advisers and coordinating projects across multiple jurisdictions.
• Strong stakeholder management, influencing, project management and organisational skills.
• Excellent written and verbal communication skills, with the ability to explain complex technical matters clearly to senior non-tax stakeholders.
• Desirable experience includes financial services, asset management, insurance or broader regulated industries; business restructurings; PE risk management; APAs, MAPs and other dispute resolution processes.
• Professional qualification such as CTA, ACA, ACCA, CA or equivalent is desirable.

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 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.
• Life at M&G

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:

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