Part / Newly Qualified Actuary

About Mandgprudential

• At M&G, our purpose is to give everyone real confidence to put their money to work.
• With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
• Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
• Through 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.

Responsibilities

• Develop an understanding of the yield calculation under different metrics.
• Develop an expertise in documenting, explaining and presenting results to key stakeholders.
• Work with colleagues across other areas within Finance and Risk to support delivery of financial reporting in line with regulatory deadlines.
• Accountable for providing a quality service or products to customers and stakeholders, using skills/experience built through significant practical experience.
• Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems.
• Delivers outputs that are clearly defined, using discretion over how to achieve them.
• Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations.
• To produce and be accountable for understanding and explaining the change in matching adjustment assumption and liabilities to key stakeholders with clear controls.
• To support the Manager of annuities liability valuation team on delivery of all key deliverables, supporting ongoing development and/or embedding of strategic solutions related to new propositions.
• To provide technical expertise to design technical solutions as part of change projects within M&G UK Finance Reporting where required.

Requirements

• Excellent technical actuarial knowledge, with attention to detail.
• Motivated and willing to take responsibility and ownership of the work assigned.
• Demonstrable experience of problem solving and providing practical solutions to complex problems.
• Commercial aptitude and the ability to consider the impact of decisions.
• Strong commercial and collaboration skills.
• Ability to express own viewpoint and to communicate clearly on complex actuarial issues.

Benefits

• We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond.
• Our benefits are designed to help you balance your professional and personal life , and financially plan for the future.

Our UK benefits include

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside 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 five extra days.
• Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
• To explore more about life at M&G and our full benefits offering, visit Life at M&G

Equal opportunity

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.

We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.

If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.

Hiring process

• We are committed to providing an inclusive recruitment process.
• All candidates have the opportunity to request reasonable adjustments when applying.
• If you need any additional support at any stage, please contact us at: [email protected]