Onsite Actuary – Business Development

Posted 5 hours ago

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About the role

  • 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

Job title

Actuary – Business Development

Job type

Experience level

SeniorLead

Salary

Not specified

Degree requirement

Professional Certificate

Location requirements

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