Debt Origination Associate
PICLondon, England, United Kingdom
Posted January 21, 2026
Full Time
About the Company
Pension Corporation (PIC) is a UK‑based pension insurer dedicated to securing retirement incomes for current and future policyholders through advanced risk management and superior asset‑liability stewardship. The company specializes in de‑risking solutions, including buyouts, buy‑ins, and longevity risk insurance, serving 400,000 pension scheme members and prominent FTSE 100, multinational, and public sector clients. PIC’s £50.9 billion portfolio is underpinned by strategic investments in UK private assets such as housing, infrastructure, and student accommodation, generating significant social value and aligning with ESG principles. Regulated by the Prudential Regulation Authority and the Financial Conduct Authority, PIC combines financial robustness with a client‑centric culture that prioritizes exceptional service and innovative pension solutions.
Job Description
Pension Insurance Corporation is recruiting for a Debt Origination Associate to join its PIC Capital department. The role will support the origination and execution of investment grade private debt opportunities across various sectors, with a focus on Public Finance and Corporates. The successful candidate will work closely with stakeholders across the business to ensure investments are well understood and risks are documented.
Requirements
- Recognised qualification in relevant subject matter or strong employment record in a relevant front-office role
- Front-office experience working in an insurer/asset manager/pension fund/bank/rating agency or advisory firm with a focus on debt investing
- Basic experience in reviewing loan / bond / private placement documentation
- Experience in managing internal and external stakeholders of varying seniority, and presenting to internal stakeholders
- Knowledge of private debt/credit markets, financial statements, and interest rates
- Strong organisational skills, attention to detail, and communication skills
- Ability to model cashflows for private debt transactions
- Basic Bloomberg skills
Benefits
- Private medical insurance
- 28 days' annual leave (excluding bank holidays)
- Generous pension scheme
