At a Glance
- Tasks: Join our Product Development team to create innovative investment strategies for global investors.
- Company: PGIM, a leading global asset manager with a diverse and inclusive culture.
- Benefits: Hybrid work model, mentorship, career development, and support for continuing education.
- Why this job: Make a real impact in the asset management industry while developing your skills.
- Qualifications: 4+ years in product development or related fields; strong project management and communication skills.
- Other info: Dynamic environment with opportunities for growth and collaboration across global teams.
The predicted salary is between 28800 - 48000 £ per year.
A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE
About PGIM – Global Asset Management
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.39 trillion in assets under management as of March 31st 2025. With offices in 18 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.
The Role
We are seeking an individual to join our Product Development team. Our team manages the product development lifecycle and plays a critical role in creating, structuring, and delivering innovative investment strategies (public and private) to global investors across all channels (including retail, institutional, insurance and private wealth). The team is also responsible for the business oversight, administration, and coordination of strategic change efforts related to commingled investment products (funds).
This role is based out of our London, UK office and will be focused on European UCITS, AIFs and other alternative vehicles primarily targeted for the Wealth channel in the EMEA region. The individual will need to forge strong relationships and collaborate closely with the European client group and other global support functions primarily based in the US as well as such as legal, marketing, compliance, operations and investment teams.
Strong project management skills, detail-orientation, experience in the asset management industry and the ability to work independently are a must. Clear communication and teamwork will be critical characteristics necessary to succeed in this role.
What you can expect
- Support the lead Product Developers for UCITS, QIFs and non-US Wealth products for a variety of initiatives.
- Support Distribution teams across PGIM in their fundraising efforts and resolve day-to-day product-related issues.
- Assist in all aspects of the product lifecycle, including project management support for fund launches, mergers, in-kind transfers, liquidations and product changes.
- Drive product improvement initiatives, including but not limited to changes to workflows, database maintenance, adaptation to new regulatory challenges, policy updates, vendor changes, operational and strategic changes.
- Maintain the product development and launch pipeline and other product support tools on TEAMS and SharePoint.
- Lead on the coordination and review of fund rebates, record keeping, share class launches and closures procedures and general fund operational queries.
- Support review of legal, marketing, RFP and other documentation from a commercial perspective, escalating any questions or issues as required.
- Longer term, develop the necessary leadership and project management skills necessary to lead implementation of product initiatives or related key aspects.
What you will bring
- Minimum 4 years of relevant experience in either product, business development, client management or operations within the asset or wealth management, consulting or investment banking industry.
- Capacity to handle multiple projects simultaneously; strong execution and follow through skills in a fast-paced environment.
- Intellectually curious, goal-oriented, self-starter individual with a growth mindset and bias toward action and a commitment to work with integrity to deliver high quality results.
- Strong analytical, problem-solving and organizational skills with attention to detail.
- Willingness to take on personal accountability and enjoy problem solving.
- Clear communication (written and verbal), excellent interpersonal skills, with proven ability to easily collaborate in a team environment across all levels of the organization.
- Ability to work independently and build partnerships across functions.
- Proficiency in full Microsoft suite.
- Undergraduate degree required.
- Specific experience with European structures (AIF, UCITS and Semi Liquid vehicles) or transferable skills ETFs or Collective Investment Trusts.
- An understanding of the asset management industry, investment products and the role of key support functions in asset management.
- Being in the process of pursuing technical training, continuing education, and/or advanced designations.
- Strong project management (or desire to learn) and communication skills.
- Experience working with colleagues across various locations and time zones.
- Genuine interest in the European regulatory landscape impacting the asset management and fund industry, including those related to Environmental Social Governance ("ESG").
- Personable with a strong work ethic.
- Knowledge of Power BI.
PGIM | Product Development Associate in London employer: Prudential Annuities Distributors (PAD)
Contact Detail:
Prudential Annuities Distributors (PAD) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land PGIM | Product Development Associate in London
✨Tip Number 1
Network like a pro! Reach out to current employees at PGIM or in the asset management industry on LinkedIn. Ask them about their experiences and any tips they might have for landing a role like the Product Development Associate.
✨Tip Number 2
Prepare for the interview by researching PGIM's recent projects and initiatives. Show that you’re not just interested in the role, but also in how you can contribute to their ongoing success and innovation in product development.
✨Tip Number 3
Practice your communication skills! Since this role requires clear communication and teamwork, consider doing mock interviews with friends or using online platforms to refine your pitch and responses.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the PGIM team.
We think you need these skills to ace PGIM | Product Development Associate in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Product Development Associate role. Highlight relevant experience in asset management and any project management skills you have. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at PGIM and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since clear communication is key in this role, make sure your application reflects that. Use straightforward language and structure your documents well. We appreciate clarity and professionalism in all our interactions!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you'll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Prudential Annuities Distributors (PAD)
✨Know Your Product Development Inside Out
Before the interview, dive deep into PGIM's product development lifecycle. Familiarise yourself with UCITS, AIFs, and alternative investment vehicles. Being able to discuss these topics confidently will show your genuine interest and understanding of the role.
✨Showcase Your Project Management Skills
Prepare examples from your past experiences where you successfully managed multiple projects simultaneously. Highlight your execution skills and how you navigated challenges. This will demonstrate your ability to thrive in a fast-paced environment, which is crucial for this position.
✨Communicate Clearly and Collaboratively
Practice articulating your thoughts clearly, both verbally and in writing. Since the role requires collaboration across various teams, be ready to discuss how you've effectively worked with others in the past. Use specific examples to illustrate your interpersonal skills.
✨Stay Updated on Regulatory Changes
Brush up on the latest European regulatory landscape affecting asset management, especially around ESG. Showing that you're informed about current trends and regulations will set you apart as a candidate who is proactive and engaged in the industry.