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- Tasks: Join our team as a Finance Specialist, handling reinsurance and bulk annuity contracts.
- Company: M&G is a leading international savings and investments business with over 170 years of experience.
- Benefits: Enjoy flexible working arrangements and workplace accommodations to support your success.
- Why this job: Be part of a collaborative culture that values integrity and continuous improvement.
- Qualifications: Previous financial services experience and strong analytical skills are essential.
- Other info: We celebrate diversity and welcome applications from all backgrounds, including those with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
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 Finance Specialist will play a key role in the Reinsurance & Bulks team within the Actuarial Modelling & Valuation Centre of Excellence in Finance.
This team is responsible for the contractual requirements of Reinsurance and Bulk Purchase Annuity contracts. This includes meeting calculation deliverables and ensuring outcomes are understood and clearly explained.
This will involve working closely with many functions within M&G and third parties.
Key Responsibilities:
As a Finance Specialist, you will partner with Third Party colleagues and Key Stakeholders across M&G. The role holder requires influencing skills and the willingness to build a detailed knowledge of contractual requirements, processes and regulatory requirements.
You will be numerate and have a background in Financial Services. An understanding of reinsurance and Bulk Purchase Annuities will also be advantageous, along with a track record of producing high quality work within set timescales.
You may be part of project work with new or existing third parties and may be part of the implementation team for new deals.
Responsibilities will include:
- Completion of contractual calculations within set timescales.
- Act as a point of contact for internal queries relating to reinsurance or bulk annuity contracts.
- Work collaboratively with colleagues and take personal accountability for meeting deliverables.
- Work within established processes and procedures, with a view to continuous improvement
- Evidencing controls, documenting outcomes and providing accurate results.
- Analysis of results and providing recommendations based on that analysis.
- Writing up papers for committees.
You will have:
- Previous experience within Financial Services
- Experience in setting up new processes and procedures
- Ability to deliver results to contractual deadlines in a fast paced environment
- Experience of balancing and successfully progressing multiple tasks
- Strong analytical skills
- Excellent communication skills, both written and verbal
- Willingness to learn through practical application
Recruiter: Martyn Jack
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, disability or long term condition, 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.
M&G is also proud to be a Disability Confident Leader , and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they \’opt in\’ to the scheme when applying.
If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at:
M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 instit…
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Finance Specialist | London, UK employer: M&G plc.
Contact Detail:
M&G plc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Specialist | London, UK
✨Tip Number 1
Familiarise yourself with M&G's core values and behaviours. Understanding their emphasis on integrity, collaboration, and accountability will help you align your approach during interviews and discussions.
✨Tip Number 2
Network with current or former employees of M&G, especially those in finance roles. They can provide insights into the company culture and specific expectations for the Finance Specialist position.
✨Tip Number 3
Brush up on your knowledge of reinsurance and Bulk Purchase Annuities. Being able to discuss these topics confidently will demonstrate your preparedness and genuine interest in the role.
✨Tip Number 4
Prepare examples from your past experience that showcase your analytical skills and ability to meet tight deadlines. Highlighting these will show that you can thrive in a fast-paced environment like M&G.
We think you need these skills to ace Finance Specialist | London, UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Finance Specialist position. Familiarise yourself with terms like reinsurance and Bulk Purchase Annuities, as well as the key skills needed for the role.
Tailor Your CV: Customise your CV to highlight relevant experience in Financial Services, particularly any roles that involved contractual calculations or working with third parties. Emphasise your analytical skills and ability to meet deadlines.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of M&G's values and how your background aligns with their mission. Mention specific experiences that demonstrate your influencing skills and ability to work collaboratively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents clearly convey your qualifications and enthusiasm for the role.
How to prepare for a job interview at M&G plc.
✨Understand the Role
Make sure you have a solid grasp of what a Finance Specialist does, especially in relation to Reinsurance and Bulk Purchase Annuities. Familiarise yourself with the key responsibilities mentioned in the job description, as this will help you answer questions more effectively.
✨Showcase Your Analytical Skills
Prepare examples from your past experience that demonstrate your strong analytical skills. Be ready to discuss how you've used these skills to produce high-quality work under tight deadlines, as this is crucial for the role.
✨Communicate Clearly
Since excellent communication skills are essential, practice articulating your thoughts clearly and concisely. You may be asked to explain complex financial concepts, so being able to simplify your explanations will impress your interviewers.
✨Demonstrate Team Collaboration
Highlight your ability to work collaboratively with colleagues and third parties. Share specific examples of how you've successfully partnered with others to meet deliverables, as teamwork is a key aspect of the role at M&G.
