Actuary specializing in Business Development for M&G plc. Focusing on financial soundness, innovation, and implementation for new products and markets.
Responsibilities
Develop a strong overview of M&G plc’s business
Support design and implementation of valuation processes to ensure new products are financially sound and commercially viable
Explain complex financial concepts to experts within and outside of finance
Take ownership of a solution from design through to implementation
Support the successful transition to strategic solutions
Requirements
Qualified actuary with at least 8 years’ experience in a UK life insurer
Strong knowledge of financial services, regulatory and statutory frameworks (Solvency II, IFRS), and external reporting requirements
Strong verbal and written communication skills, including experience of delivering and/or presenting reports to committees or senior management
Experience in leading a project or piece of work and implementing changes to actuarial processes
Experience using technologies to develop and improve processes
Experience leveraging business understanding and finance knowledge to support the business and make insightful recommendations
Ability to produce high-quality technical work within a controlled environment
Working knowledge of governance, risk, and compliance processes
Preferred expertise in any of the following areas: Matching Adjustment, Solvency UK capital, IFRS 17, Reinsurance valuation processes, Bulk Purchase Annuities, actuarial modelling
Benefits
Pension scheme of 18% with 13% employer contributions and 5% employee contributions
Share Save and Share Incentive Plan
Access to financial wellbeing and support services
38 days annual leave including bank holidays, with opportunity to purchase up to 5 extra days
Additional flexibility through Time Off When You Need It policy
Market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave
Health & Protection cover including Private Healthcare, Critical Illness cover, and Life Assurance for you, with family options
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