Actuarial Tester

2 weeks ago


Mumbai, India M&G plc Full time

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc’s ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities.

To work under the direction of a Qualified Actuary or other more senior team members.
- As an Tester the person will be required to work in a number of teams across the department. The technical requirements of each role will vary depending on the team the person is in, and will be reflected in her/his annual objectives.
- M&G maintains a suite of tools which together comprise the capital model used for external Solvency II Reporting and internal Economic Capital risk management. These are a mix of vendor-supplied solutions and in-house bespoke software. The evolving needs of the business necessitate continual development and upgrade of this software suite with current plans already extending into 2018.
- While some of the tools are non-numerical, by nature, most of the components are actuarial calculation systems and testing comprises both IT aspects and validation of the numerical results. A multi-skilled team is therefore being set up who can support both aspects of the systems testing. The team will interface with the Actuarial team and the London-based IT test team in the Group Head Office.
- Additionally, in the ICM office in Mumbai, there are several teams of end users who are able to support the testing team in validating both systems behaviour and numerical outputs.

We live by four behaviours at M&G Global Services 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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