Associate Director, Insurance Solution 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.

The Team

The Insurance Solutions Team was established to leverage M&G’s dual heritage as both a major insurer and global asset manager. The team partners with insurers worldwide to design capital efficient, liability aware investment solutions that align with their regulatory, accounting, and balance sheet objectives. The team sits at the intersection of Distribution, Investment Management, and Insurance Expertise, working closely with investment desks, strategy teams, risk specialists, client relationship managers, and external partners.

The Role

This role strengthens our ability to serve insurance clients through:

• Traditional insurance solutions expertise – understanding insurer balance sheets, regulations, and investment needs;
• Product and solution design – helping shape asset‐class‐specific and multi‐asset offerings aligned to insurance metrics;
• Client engagement and business development – supporting sales activities, RFP responses, and strategic partnership efforts.

The position is ideal for someone who combines insurance domain knowledge, strong analytical acumen, and commercial awareness.

Key Responsibilities:

Insurance Client & Market Insights

• Develop a strong understanding of insurer business models, investment behaviour, and regulatory drivers (e.g., Solvency II, ICS).
• Maintain and enhance insurance market mapping, including client metrics, strategic priorities, and competitive dynamics.
• Monitor and summarise developments in insurance investment trends, regulation, and capital frameworks.

Solution Design & Product Development Support

• Work with investment teams to develop capital‐efficient investment strategies, including public and private credit, matching adjustment‐eligible assets, and multi‐asset solutions.
• Contribute to strategic asset allocation (SAA) discussions, leveraging insights from internal tools and models.
• Analysing solvency, liquidity, and accounting implications of proposed investment solutions.
• Assist in enhancing internal insurance tooling (e.g., insurance database, analytics dashboards).

Business Development & Client Engagement

• Produce high‐quality sales pitch materials, client presentations, and market updates.
• Support responses to RFPs, due diligence questionnaires, and award submissions.
• Coordinate with regional sales teams to align on client intelligence and new business opportunities.
• Participate in industry conferences, events, and thought leadership initiatives.

Key Knowledge, Skills & Experience:

Technical Skills:

• Strong analytical mindset and comfort working with data (Excel required; Python familiarity beneficial but not essential).
• Understanding of investment risk metrics, asset classes, solvency capital drivers, and portfolio construction concepts.
• Ability to interpret outputs from insurance or investment analytics tools.

Industry & Domain Knowledge:

• Understanding of insurance balance sheet dynamics, solvency regulation, and capital efficiency concepts.
• Experience in asset management, insurance, consulting, or risk analytics is helpful.

Personal Attributes:

• Self‐motivated, organised, and able to manage multiple workstreams.
• Curiosity and willingness to deepen insurance expertise.
• Comfortable working across functions and engaging with diverse stakeholders.

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:

• A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
• 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.
• Our 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.

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.