Director, Platform and Process Lead | London, UK

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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

Corporate Risk Solutions (CRS) is a division within M&G Life with a remit to design and deliver bulk purchase annuities and alternative de-risking products for Defined Benefit pension schemes. Due to ongoing success, a strong opportunity set, and ambitious growth plans, the team is adding headcount in a number of areas.

The CRS Pricing team has a broad remit across four key areas:

• New business pricing for BPAs and alternative de-risking solutions;
• Developing and maintaining the pricing assumptions and methodology framework;
• Ownership of the pricing model & process infrastructure;
• Development and management of the financial performance framework and pricing strategy for new business.

We're looking for an exceptional individual to lead development of the pricing platform and end-to-end new business processes as CRS accelerates its growth plans - there’s significant scope to shape the role in line with the experience, ambition and vision of the successful candidate.

Key Responsibilities for this role:

• Overall ownership of tools, systems and model infrastructure across pricing and associated workstreams, including liability cashflow engine, capital projection model, integrated data management, asset portfolio construction and financial reporting reconciliation.
• Design, build and deliver short, medium and long term Platform and Process strategy in partnership with stakeholders across Life, Finance and Technology teams.
• Oversee tools and systems outsourcing arrangements where required.
• Identify and deliver day-to-day process automation solutions across the CRS business.
• Build a close partnership with broader CRS Pricing team and the wider business to deliver process enhancement, build technical capability, and drive continuous improvement across multiple shared workstreams and projects.

Key Knowledge, Skills & Experience:

• Demonstrable track record of development and ownership of DB liability cashflow models.
• Excellent software development skills (Python, C#, VB, R and RAFM experience most valuable).
• Qualified Actuary or actuarial skillset required.
• Strong understanding of IFRS17 and Solvency UK for life insurance, in particular balance sheet construction, liability discounting, asset strategy & ALM valuable.
• Ambitious and self-motivated with ability to work on own initiative/prioritise workload to strict deadlines.
• Strong communication and presentation skills.

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.