Supplier Management Apprentice (M&G Investments) PRUDENTIAL PUBLIC LIMITED COMPANY

The Third-Party Supplier Management team sits within the wider COO function, which supports the Global Asset Management business by running the operational processes and managing the suppliers that under pin the workings of the Asset Management business.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 13 Jun 2024

Apprenticeship summary

  • Annual wage


  • Working week

    Monday to Friday Shifts to be confirmed

    Total hours per week: 37.5

  • Expected duration

    15 Months

  • Possible start date

    20 Sep 2024

  • Date posted

    12 Apr 2024

  • Apprenticeship level

    Level 3 (A level)

  • Reference number


  • Positions

    1 available

What you will do in your working day

This role helps support Third Party management team. This will involve supporting risk, commercial and supplier management activities.The successful applicant will be exposed to the different suppliers of Asset Management and other teams within the broader business, such as Investment Accounting, Risk management and finance.

Key Responsibilities for this role:

The Asset Management COO team sits within the Asset Management business of M&G Investments which manages clients’ money by investing in different areas of the financial markets with the aim of growing that money.

The investments are held in a range of funds, and are supported by different suppliers to run and operate the funds safely.

The Third-party supplier management team ensures that suppliers are providing the services they are contracted to correctly and in the most cost-effective manner, to give our clients fair value for money.Within your apprenticeship, you’ll rotate through a few teams to give you insights into each of the areas of Supplier management, and across the different teams your daily activities will include assisting the Third party supplier management team to:

  • Collate, review and understand contracts with suppliers, updating account plans and financials.
  • Undertake due diligence reviews on our suppliers , ensuring they are within the risk appetite of the company, including writing reports.
  • Ensure supplier meetings are run correctly and accurately reflect the key activities taking place between M&G and the suppliers, and that issues are escalated to the correct forums.
  • Manage the change management activities between M&G and the suppliers, supporting fund launches or other project requirements.
  • General administration tasks.

The training you will be getting

As a Supplier Management Apprentice with M&G, you will undertake the Level 3 Business Administrator Apprenticeship. The apprenticeship will be delivered through a blend of live online learning, pre-recorded lectures, and face to face inductions and masterclasses

This is a fixed term contract for 15 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.

What to expect at the end of your apprenticeship

Potential for a full time role.

Requirements and prospects

Desired skills and personal qualities

Attention to detail, Organisation skills, Problem solving skills, Confident communicator, Microsoft Office applications, To have empathy, Good listening skills, Proactive team player, Ability to work independently, Logical & analytical approach, Drive to learn, Efficient and proactive, High level of accuracy, Structured approach, Can keep calm under pressure


GCSE or equivalent 5 GCSE's including English and Maths (Grade (A*-C/9-4 or equivalent)) Essential

Things to consider

Candidates with a Business A-Level or equivalent will not be eligible for the apprenticeship.

About the employer

Ever since Prudential was founded as a loans and life assurance company in 1848, we have sought to democratise wealth by helping as many people as possible gain access to our products. M&G Investments was established in 1931 with a similar mission to make the benefits of long-term savings more widely available, introducing the first mutual fund to the UK. Prudential UK & Europe and M&G came together in 2017 and listed on the London Stock Exchange in 2019 as M&G plc, creating a new leader in savings and investments. Our purpose is to help people manage and grow their savings and investments, responsibly.




10 Fenchurch Avenue



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Training provider


Adjustments for experience

You could reduce your training time, or finish your apprenticeship faster, if you have relevant prior learning or experience. This could be relevant:

  • training
  • qualifications, like an NVQ in a relevant field
  • industry or sector experience


Saajan Sehajpal

0203 834 2872

Apprenticeship standard

Business administrator

Level 3 (A level)

Demonstrating experience

If your application is successful, you will have a chance to discuss your relevant prior learning or experience with your training provider and employer. You will all need to agree any adjustments to your training plan.

You should be prepared to show your competence, and evidence of relevant qualifications

Employer's Application Instructions

Please apply with the link provided.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 13 Jun 2024