Newly/Nearly qualified Actuary

Job content

At M&G our vision is: to become the best loved and most successful savings and investment businessand we’re looking for people who are excited about joining us on our journey. We’re digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we’re looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home 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 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
  

How Do We Support Our Employees

All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role

This role sits within the Actuarial Valuation Policyholder team within the wider M&G UK Finance Reporting team. The role holder will be expected to contribute to supporting the financial strength of the business by successfully balancing the competing demands of commerciality and prudence in a well governed and controlled environment. In addition the role holder will be expected to contribute to the creation of an agile team which is responsive to changing market conditions and customer requirements and the delivery of efficient and optimised processes.

This role requires a qualified actuary who has practical experience of Solvency II and IFRS financial reporting, for with-profits business. The focus of the role is that of a technical specialist at this level that will either be taking accountability for components of a complex process or designing and developing new or improved solutions to meet business objectives.

The Role Will Include The Opportunity To

• Develop an understanding of the management of the policyholder balance sheet.
• Develop a deep knowledge of the business through the financial reporting and ongoing solvency monitoring.
• Develop an understanding of how the commercial and regulatory environment impacts the company’s solvency position
• Work with colleagues across with other areas within Finance and Risk to support delivery of financial reporting in line with regulatory deadlines.
• Deliver and develop the analysis and reporting of valuation results; working closely with the Shareholder valuation team to ensure results are well-explained and accurately communicated to senior stakeholders
  

Key Responsibilities

• To produce and be accountable for the technical accuracy of financial information to support the production of actuarial analysis and reports.
• To provide specialist technical advice and guidance on the application of actuarial principles and tools to support business objectives, coaching and guiding less experienced members of the team.
• To provide technical expertise to design technical solutions as part of change projects within M&G UK Finance Reporting where required.
  

You Will Have

• 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
  

Knowledge of the business and/ or with-profits Solvency II and/ or IFRS financial reporting experience would be an advantage, however on-the-job training will be provided to successful candidate.

Work Level - Experienced Colleague

Recruiter - Matt Campbell

Close Date - 23/06/2022

We live by four behaviours at M&G and we ask all our employees to:

• Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
• Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
• Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
• Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things