Legal Counsel - Pension Derisking at M&G plc | United Kingdom | Rezi

Legal Counsel - Pension Derisking at M&G plc

Legal Counsel - Pension Derisking

M&G plc · United Kingdom

Today

Legal Counsel - Pension Derisking

M&G plc · United Kingdom

2 hours ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

We are looking for an experienced pension risk transfer lawyer to join M&G Legal, focusing on advising our growing pensions de-risking business on all aspects of insured risk transfer arrangements. The ideal candidate will have strong transactional experience of buy-in/buy-out transactions and associated solutions, with an interest in developing innovative de-risking solutions for corporate and institutional clients.

Responsibilities

  • Legal advisory
  • Transaction structuring and execution
  • Drafting and negotiating transaction documentation
  • Regulatory work
  • Supporting strategic projects
  • Product building
  • Supporting key corporate and regulatory change projects

Requirements

  • Deep understanding of the pension sector, specifically the de-risking market
  • Strong experience in advising on bulk annuity transactions
  • Experience in the de-risking of defined benefit pension schemes
  • Experienced in drafting and negotiating transaction documents
  • Experience of acting for insurance companies/ other pension product providers (helpful)
  • Experience of acting for sponsoring employers/ trustees (helpful)
  • Experience with longevity swap transactions
  • Experience with funded and longevity reinsurance transactions
  • Proven capability in managing external counsel
  • Capable of building and developing relationships with key internal stakeholders
  • Capable of acting as business partner to the relevant business teams
  • Strong drafting and analytical skills and attention to detail
  • Strong judgement and decisiveness
  • Intellectually curious with a desire to learn and develop skills
  • Willingness to challenge/debate and offer own views
  • Tenacious, willing to go beyond the job description
  • Transparent and a good communicator
  • Works most effectively when collaborating within the team and across other functions
  • Resilience and strength of character for effective communication across all levels
  • Flexible with the ability to adapt to changing priorities and fluid deadlines
  • Pensions de-risking lawyer working in the pensions team of a law firm and/or in-house team of an insurer/other market player in the de-risking space

Skills

  • Legal advisory
  • Transaction structuring
  • Transaction execution
  • Drafting transaction documents
  • Negotiating transaction documents
  • Regulatory work
  • Product building
  • Managing external counsel
  • Stakeholder management
  • Business partnering
  • Drafting skills
  • Analytical skills
  • Attention to detail
  • Judgement
  • Decisiveness
  • Intellectual curiosity
  • Challenging/debating
  • Communication
  • Collaboration
  • Resilience
  • Adaptability

Location

  • London

Work Type

  • Full-time
  • Flexible working arrangements

Experience Level

  • Manager / Expert
  • Experienced

Education Level

  • Qualified lawyer (English qualification not required)
  • Strong academic credentials

Benefits

  • Pension scheme of up to 18% (13% employer, 5% employee)
  • Share Save and Share Incentive Plan
  • Financial wellbeing and support services
  • 38 days annual leave (including bank holidays)
  • Opportunity to purchase up to five extra days of leave
  • Time Off When You Need It policy
  • Inspiring Families policy (comprehensive support and paid parental leave)
  • Private Healthcare
  • Critical Illness cover
  • Life Assurance
  • Additional family options for Health & Protection cover

About the Company

  • M&G's purpose is to give everyone real confidence to put their money to work.
  • Heritage dating back more than 175 years with a long history of innovation in savings and investments.
  • Combines asset management and insurance expertise to offer a wide range of solutions.
  • Two distinct operating segments: Asset Management and Life.
  • Focuses on balanced, long-term investment and savings solutions.
  • Values: Telling it like it is, owning it now, moving it forward together with care and integrity.
  • Creating an exceptional place to work for exceptional talent.

Equal Opportunity

  • We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.
  • Strive to have a diverse workforce and an inclusive culture.
  • Welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
  • Proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme.
  • Welcome applications from candidates with disabilities and long-term health conditions.
  • Committed to providing an inclusive recruitment process.
  • All candidates have the opportunity to request reasonable adjustments when applying.
  • If you need any additional support at any stage, please contact us at: careers@mandg.com