Investment Proposition Manager (Life & Pensions)

Location: Edinburgh or Stirling, UK; hybrid with 2–3 days per week in the workplace

Company

M&G is a long-established savings, investment, asset management, and insurance business operating through Asset Management and Life divisions.

What you will do

• Manage and develop retail-facing investment propositions, including PruFund, model portfolio services, risk-managed funds, and OEIC ranges.
• Design investment solutions and communicate recommendations to project colleagues, senior stakeholders, and governance committees up to executive level.
• Lead take-to-market strategies for new fund developments in collaboration with marketing, sales, PR, distribution, and third-party providers.
• Act as an investment subject-matter expert across wider product development and deliver investment content for distribution teams.
• Ensure proposition controls meet regulatory requirements, risk appetite, and relevant risk-management frameworks.

Requirements

• Strong knowledge of life and pension funds, product structures, and investment propositions in the UK retail adviser market.
• In-depth understanding of with-profits or smoothed funds and unitised collective investments; experience with insured funds, MPS, and guaranteed products is valuable.
• Experience launching propositions, formulating take-to-market strategies, and leading cross-functional working groups with third-party partners.
• Knowledge of financial services, investment instruments and markets, regulatory requirements, customer outcomes, and risk-management frameworks.
• Experience managing stakeholders at all levels, presenting investment matters, and reporting outcomes and decisions to senior committees.
• Ability to prioritise multiple initiatives, work at pace, and bring energy, resilience, pragmatism, and strong communication skills.

Nice to have

• Knowledge of UK retail OEIC, life, and pensions products, including fund development, operations, marketing, and distribution.
• Experience presenting to governance committees, advisers, and internal sales teams.
• Knowledge of ESG factors and regulation affecting investment propositions.
• Relevant professional qualifications, such as IMC, completed or in progress.

Culture & Benefits

• Flexible working arrangements and workplace adjustments are available.
• Pension scheme with contributions of up to 18%.
• Share Save, Share Incentive Plan, and financial wellbeing support.
• 38 days of annual leave including bank holidays, with the option to purchase up to five additional days.
• Paid parental leave, private healthcare, critical illness cover, and life assurance.
• Inclusive culture with employee-led networks and support for diverse communities.