Business Actuary Role

5 days ago


Mumbai, Maharashtra, India M&G Full time

The role of Business Actuary at M&G Global Services offers a unique opportunity to be involved in various aspects of actuarial work, focusing on the management of With-Profits products.

About the Opportunity

As a Business Actuary, you will play a key role in supporting the management of our With-Profits products, which includes:

  • Bonus setting and management
  • Development and maintenance of claims and projection bases
  • Monitoring and analysing bonus smoothing costs and compliance with target ranges for With-Profits claim pay-outs
  • Ensuring the application of MVR policy
  • Helping ensure customers are treated fairly

We live by four key behaviours at M&G Global Services:

  • 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

This is an exciting opportunity for a motivated and experienced actuary to join our team and contribute to the success of our With-Profits business. We offer a competitive salary range of £80,000 - £110,000 depending on experience, along with a comprehensive benefits package, including pension scheme, life insurance and annual leave.



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