2024 Actuarial Graduate Scheme

☞ M&G plc

View: 103

Update day: 29-04-2024

Location: Stirling Scotland

Category: Insurance

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At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we’re looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple.
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.
What is Finance at M&G?

The Finance function sits at the heart of M&G, helping to generate value for the organisation through delivery of insights, challenge and delivery of robust, high quality financial information and involvement in strategic decisions. Finance identifies and balances the needs of relevant stakeholders and customers, including those inside and outside the finance function while ensuring appropriate controls, processes and governance are in place to safeguard the company’s assets and enhance financial performance.

Finance at M&G has approx. 850 staff and as a function, 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 seen as a priority where professional qualifications are supported alongside data and technology, leadership and collaboration skills

What is the M&G Actuarial Graduate Scheme?

Commencing on 2 September 2024, our Actuarial scheme is a rotational programme, resulting in a permanent role upon completion. During this time, you will be rotating through different teams within the Actuarial functions, whilst following your own learner journey.

You will be supported with working towards the Institute and Faculty of Actuaries (IFoA). You will receive comprehensive training provision towards gaining the qualification, including study support, full financial support for study material, class and exam fees and study leave to prepare for your exams.

Each rotation is nine to twelve months, giving you plenty of time to become a value-add member in the team, to pick up day-to-day responsibilities, as well as working on live projects. Throughout each rotation, your manager will work with you to assess your performance: looking at your strengths and areas of development to adjust your personal development plan as your career interests develop.

Moving into the corporate world is an adjustment, and we want to make sure you feel supported in making that step. Upon joining, you will be allocated a buddy from some of our current and previous Graduates to act as a peer-mentor, and we have designed a comprehensive induction to introduce you to the world of M&G, our industry, and to also equip you with the professional skills needed to effectively transition into your first rotation.

Building a network is key to your career, M&G hosts a number of social events throughout the year, as well as a host of networking opportunities which you will be encouraged to attend.

What will you be doing?

Your rotational programme has been designed to equip you with the tools and knowledge to be successful once you finish the scheme and you will learn from our highly experienced finance professionals to help you succeed in the world of finance.

Graduates at M&G make a valuable contribution to the teams they work in and are involved in a variety of tasks, including the preparation of accounting books and records, assessment and development of financial controls, developing insight and analysis skills, presenting financial information to stakeholders and contributing towards various activities linked to the production of statutory and regulatory reporting and management information.
Rotations will be across various Finance teams including Group financial reporting, entity financial reporting and controls for our key savings and investment subsidiaries, modelling and valuations, investment accounting and oversight, financial planning and analysis and business partnering.
Our application process
We will work with you during the recruitment process to align your strengths and preferences with our teams to find you the most suitable placement. To do this, we follow a four-stage process:

1. Submit your CV Application
2. Complete our Online Assessments
3. Complete a Video Interview
4. Attend one of our Assessment Centres (virtual, and in-person available)

Before the Assessment Centre Day, you will attend a candidate briefing session where we will cover what to expect on the day, and tips for success. On the day itself you will be able to speak to some of our Graduates to find out their experiences of M&G and how they found the transition to corporate life.
Who are we looking for?

We are looking for candidates who are enthusiastic, eager to learn, and have a genuine interest in starting their career in our Actuarial teams. We don’t require specific degrees or grades because we know each background and experience brings its own skills and individual perspective to M&G. This programme will teach you the technical and professional skills you need to be successful in your career, as long as you are committed to investing the time in your own development.

Minimum Requirements
  • Recent Graduate or expected graduation date of 2024.
  • Available to start the programme on 2 September 2024.
  • Right to work in the UK, we are unable to provide visa sponsorship for this programme.

What you can expect from us:


We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:

  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work.
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed.
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make.
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse, and friendly place to work and offers the flexibility and support that enables everyone to be at their best.

Interested? Apply now, or meet us at one of our career events
We regularly host and attend events around the UK where you can speak to managers, and current graduates, about what it’s like to join one of our schemes. If you would like the opportunity to meet with us, please follow
this link
to explore the details of our upcoming events.
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 or disability 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.
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Deadline: 13-06-2024

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