Newly/Nearly qualified Actuary

4 weeks ago


Mumbai, India M&G Full time
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.
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 - 14/05/2024
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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