Life Investment Office Apprentice

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of 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 work place accommodations to ensure you have what you need to effectively deliver in your role

Who are we looking for? 

We are looking for a confident individual with a positive attitude and a can‑do approach, who is keen to build their experience and grow with M&G.

A successful candidate will be self‑motivated, curious, able to build strong relationships and work effectively as part of a team.

They should feel comfortable using their initiative, working independently when needed, and be eager to learn and progress.

The Role 

As a Life Investment Office Apprentice, you will have an exciting opportunity to begin your career within

a function that is passionate about ensuring it is a diverse department where colleagues support each other, share information and ideas, and work together towards common goals. Development is a priority where professional qualifications are supported alongside developing knowledge across a variety of different areas.

The M&G Life Investment Office (LIO) is responsible for approximately £155bn of assets, including the UK’s largest £130bn With-Profits Fund, delivering multi-asset and annuity solutions for the Prudential Assurance Company (PAC).

Backed by a team of 75 investment specialists with deep expertise across asset allocation, manager selection and oversight, strategy design, liability management, derivatives, and portfolio management, LIO combines scale, knowledge, and global partnerships to deliver resilient, diversified solutions that create long-term value for clients. As a LIO apprentice you will have the opportunity to work across a variety of different teams but with the benefit of them all being part of the same wider department who all work closely together.

What will you be doing? 

As a Life Investment Office Apprentice you will: 

• Prepare monthly portfolio management information (MI) and other reports for the Investment Committee and various governance forums

• Help to pull together pitch decks / presentations for a range of our multi-asset funds and propositions

• Assist in overseeing the portfolios, including the implementation of investment and hedging strategies

• Support the team in anything that can help support flows into our funds

• Gain exposure to several different projects and initiatives within and outside the team

• Participate and contribute to meetings, both within the team and with other stakeholders

• Help to answer any queries the team may get from internal or external stakeholders

• Provide ad hoc support to the wider team as and when required

What will I need to be successful in this role? 

• Confident communication skills, both written and verbal 

• High level of accuracy and good attention to detail

• Ability to build and maintain relationships with internal stakeholders 

• Well organised and ability to prioritise and meet deadlines

• Basic understanding of MS Office (Word, Outlook, PowerPoint, Excel)

• A proactive team player who is confident about working independently and can promptly escalate any issue and work remotely where required 

• Logical and analytical approach coupled with intelligence, passion and a drive to learn 

Minimum Requirements 

• Available to start the apprenticeship programme in September 2026 

• You must not be enrolled into another further education programme at the beginning of the programme  

• Be a UK citizen or have proof of your right to work in the UK  

• Living in England

• Minimum of Grade 4 in GCSE English and Mathematics

• Minimum of Grade C in Three A-Levels or equivalent such as BTEC Nationals 

Training Provided 

As a Life Investment Office Apprentice with M&G, you will undertake the Investment Operations Specialist Level 4 Apprenticeship. The apprenticeship will be delivered through a blend of live online learning, pre-recorded lectures, and face to face inductions and masterclasses 

Future Prospects 

This is a fixed term contract for 18 - 23 months upon which the business may decide to retain, subject to the Apprentice performance, headcount, and available funding. If recruited into a permanent role, the individual will follow the career progression applicable to the specific role/department. 

Salary 

£26,900 per annum plus benefits  

Our application process 

To apply for any of our apprenticeship roles you will be required to complete the following steps:  

• Submit your Application Form and CV 

• Complete your Online Assessment  

• Take part in a short Telephone Interview (for selected roles)

• Attend one of our Assessment Centre  

We are only accepting one application per candidate, so please do review all job descriptions and outline your top three choices in your application. 

As you may expect, our Apprenticeship roles are extremely popular and therefore we may need to close vacancies early if we receive a high level of applications.

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 help 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.

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 plc, 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.  Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying. 

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: [email protected]