Part Qualified Actuary

☞ M&G plc

View: 102

Update day: 07-05-2024

Location: Edinburgh Scotland

Category: Finance / Bank / Stock Accounting / Auditing

Industry: Financial Services Investment Management

Job type: Full-time

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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.

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 is for an Actuary in the Policyholder Capital Modelling Team. The team sits within the PAC Modelling team in Finance Reporting and is responsible for calibrating models used to calculate the capital requirement for the company. This role has the potential to work across the wider team, seeing all aspects of capital modelling, including supporting the Policyholder and Shareholder valuation teams with quarterly reporting. This is an excellent opportunity for a part qualified/qualified actuary to join the team.

This is a permanent position which will begin working remotely and will then have a blended work pattern between working from home and one of our offices in Stirling/Edinburgh.

Experienced Colleague

Key Work Level Accountabilities:
  • Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
  • For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product
  • 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
Key Responsibilities For This Role
  • Develop an understanding of the management of the business
  • Parameterise models and calibrate a range of proxy liability models used for calculating the company’s capital requirements
  • Support quarterly reporting
  • Assess the fit of the calibrations
  • Significant interaction with other areas of the business
Key Knowledge, Skills & Experience
  • A part qualified or qualified Actuary
  • Strong verbal and written communication skills
  • Strong analytical and problem solving skills
  • Attention to detail
  • An interest in developing knowledge of financial impacts of Solvency II reporting
  • Motivated self-starter
  • Able to think about the big picture and consider the impact of decisions
Work Level: Experienced Colleague

Recruiter Name: Emma Pryde

Closing Date: 11th August 2021

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
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Deadline: 21-06-2024

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