PGIM | Product Development Associate

PGIM; City of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global asset management firm is seeking a Product Development Associate in London. The role involves managing the lifecycle of investment products, collaborating with various functions, and supporting product initiatives. The ideal candidate should have over 4 years of experience in asset management or consulting, strong analytical skills, and proficiency in Microsoft Office. This position offers a hybrid work model.

Qualifications

• Minimum 4 years of relevant experience in product, business development, client management or operations.
• Capacity to handle multiple projects simultaneously in a fast-paced environment.
• Clear written and verbal communication skills.

Responsibilities

• Support lead Product Developers for UCITS and non-US Wealth products.
• Assist in fundraising efforts and resolve product-related issues.
• Participate in the product lifecycle including project management support.

Skills

Analytical skills

Problem-solving

Project management

Communication

Interpersonal skills

Education

Undergraduate degree

Tools

Microsoft Office suite

Power BI

Job description

PGIM | Product Development Associate

London, United Kingdom – Hybrid (partially remote within the UK).

PGIM is the global asset management business of Prudential Financial, Inc., with nearly US$1.39 trillion in assets under management as of March 31, 2025. Operating in 18 countries, PGIM delivers a range of investment solutions across public fixed income, private fixed income, equity, quantitative equity, real estate and alternatives to retail and institutional investors worldwide.

Role Overview

The Product Development Associate will support the Product Development team in managing the lifecycle of investment products, focusing on European UCITS, AIFs and alternative vehicles for the Wealth channel in the EMEA region. The role involves project management, collaboration with global support functions (legal, marketing, compliance, operations and investment teams), and close partnership with the European client group.

Responsibilities

• Support lead Product Developers for UCITS, QIFs and non-US Wealth products on a variety of initiatives.
• Assist Distribution teams across PGIM in their fundraising efforts and resolve day-to-day product‑related issues.
• Participate 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, such as workflow changes, database maintenance, regulatory adaptation, policy updates, vendor changes, and operational and strategic adjustments.
• Maintain product development and launch pipelines and other support tools on TEAMS and SharePoint.
• Coordinate and review fund rebates, record‑keeping, share‑class launch and closure procedures, and general fund operational queries.
• Review legal, marketing, RFP and other documentation from a commercial perspective, escalating any questions or issues as required.
• Develop leadership and project‑management skills necessary to lead product initiatives and related key aspects.
• Ensure excellent levels of client service are achieved in partnership with the team.

Qualifications

• Minimum 4 years of relevant experience in product, business development, client management or operations within asset or wealth management, consulting or investment banking.
• Capacity to handle multiple projects simultaneously with strong execution and follow‑through in a fast‑paced environment.
• Intellectually curious, goal‑oriented, self‑starter with a growth mindset and a bias toward action.
• Strong analytical, problem‑solving and organizational skills with attention to detail.
• Willingness to take personal accountability and enjoy problem solving.
• Clear written and verbal communication, excellent interpersonal skills, and proven ability to collaborate across all levels of the organization.
• Ability to work independently and build partnerships across functions.
• Proficiency in the full Microsoft Office suite.
• Undergraduate degree required.

Preferred Qualifications / What Will Set You Apart

• Specific experience with European structures (AIF, UCITS and semi‑liquid vehicles) or transferable skills in ETFs or Collective Investment Trusts.
• Understanding of the asset‑management industry, investment products and the role of key support functions.
• Ongoing technical training, continuing education or advanced designations in progress.
• Strong project‑management or a desire to develop these skills, coupled with excellent communication.
• Experience collaborating across various locations and time zones.
• Genuine interest in European regulatory developments impacting the asset‑management and fund industry, including ESG.
• Personable with a strong work ethic.
• Knowledge of Power BI.

Senior level: Mid‑Senior level

Employment type: Full‑time

Job function: Product Management and Marketing

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.