Finance Specialist - M&G plc.
Finance Specialist - M&G plc.

Finance Specialist - M&G plc.

Edinburgh Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Finance team to manage reinsurance and bulk annuity contracts with precision.
  • Company: M&G plc is a leading international savings and investments business with over 170 years of experience.
  • Benefits: Enjoy flexible working arrangements and workplace accommodations tailored to your needs.
  • Why this job: Be part of a collaborative culture that values integrity and continuous improvement while making a real impact.
  • Qualifications: Previous experience in Financial Services and strong analytical skills are essential for this role.
  • Other info: We celebrate diversity and welcome applications from all backgrounds, including those with disabilities.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

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: careers@mandg.com

Finance Specialist - M&G plc. employer: M&G plc.

M&G plc is an exceptional employer that fosters a collaborative and inclusive work culture, offering flexible working arrangements and comprehensive support for all employees. As a Finance Specialist, you will have the opportunity to engage with diverse teams and stakeholders, enhancing your professional growth while contributing to meaningful financial outcomes. With a commitment to continuous improvement and employee development, M&G provides a rewarding environment for those looking to make a significant impact in the financial services sector.
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Contact Detail:

M&G plc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Specialist - M&G plc.

✨Tip Number 1

Familiarise yourself with the specific financial products and services offered by M&G plc. Understanding their approach to reinsurance and bulk purchase annuities will help you engage in meaningful conversations during interviews.

✨Tip Number 2

Network with current or former employees of M&G plc on platforms like LinkedIn. This can provide you with insider knowledge about the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 3

Prepare to discuss your experience in setting up processes and procedures. Be ready to share specific examples of how you've successfully managed multiple tasks and met deadlines in a fast-paced environment.

✨Tip Number 4

Demonstrate your analytical skills by preparing a case study or example of a past project where you provided recommendations based on your analysis. This will showcase your ability to deliver high-quality work and contribute to the team effectively.

We think you need these skills to ace Finance Specialist - M&G plc.

Numerical Proficiency
Analytical Skills
Attention to Detail
Financial Services Knowledge
Understanding of Reinsurance and Bulk Purchase Annuities
Contractual Knowledge
Process Improvement
Project Management
Communication Skills
Written Communication Skills
Stakeholder Management
Time Management
Ability to Work Under Pressure
Collaboration Skills
Problem-Solving Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Finance Specialist position at M&G plc. Familiarise yourself with key terms like reinsurance and Bulk Purchase Annuities to demonstrate your knowledge.

Tailor Your CV: Customise your CV to highlight relevant experience in Financial Services, particularly any roles that involved contractual calculations or project work. Emphasise your analytical skills and ability to meet deadlines.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your understanding of M&G's mission. Mention specific examples from your past work that align with the key responsibilities of the role, such as collaboration and accountability.

Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are clear and professional. A polished application reflects your attention to detail.

How to prepare for a job interview at M&G plc.

✨Understand the Role and Responsibilities

Before the interview, make sure you thoroughly understand the key responsibilities of a Finance Specialist at M&G plc. Familiarise yourself with reinsurance and Bulk Purchase Annuities, as well as the importance of meeting contractual deadlines.

✨Showcase Your Analytical Skills

Be prepared to discuss your analytical skills and provide examples of how you've used them in previous roles. Highlight any experience you have with financial calculations and data analysis, as these are crucial for the position.

✨Demonstrate Strong Communication Abilities

Since the role involves working closely with various stakeholders, it's essential to demonstrate your communication skills. Practice explaining complex financial concepts in simple terms, as this will show your ability to convey information clearly.

✨Prepare Questions for the Interviewers

Have a few thoughtful questions ready to ask your interviewers. This shows your interest in the role and the company. You might ask about the team dynamics, ongoing projects, or how M&G supports continuous improvement within the Finance department.

Finance Specialist - M&G plc.
M&G plc.
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