Accounting Analysis Expert

At M&G, our purpose is to give everyone real confidence to put their money to work.

With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.

Role Summary

The Insurance Reporting team at M&G includes the Insurance Analysis team, which is responsible for the analysis of Financial Statements for M&G Insurance Reporting.

The reporting team has responsibility for the financial, statutory and regulatory reporting.

A vacancy has arisen for a qualified accountant in the Insurance analysis team.

The role covers a broad range of responsibilities but in the short term will focus on embedding the process for statutory liquidity reporting including formalising the process, controls and governance within BAU, as well as understanding the drivers of change to the reporting and meaning behind it.

Longer term the role will evolve to include all aspects of accounting analysis including IFRS and UKGAAP reporting bases.

Accountabilities / Responsibilities

• Responsible for ensuring the monitoring of data provision, transformation, and governance for regulatory Liquidity reporting completes in required timescales.
• Responsible for embedding the regulatory Liquidity reporting within the BAU processes.
• Responsible for developing and agreeing the key controls and governance process required for senior management to sign off regulatory liquidity reporting on a monthly basis.
• Responsible for transitioning the liquidity reporting work to the relevant BAU teams once it is embedded.
• Initial management and oversight of the team involved in producing liquidity reporting ensuring that team members have appropriate skills, training and experience to perform their roles.
• Support the analysis of the regulated insurance entities Statutory results on a UK GAAP basis ensuring completeness, accuracy and compliance with reporting requirements and the supporting commentary on the results for the statutory board reports.
• Support the analysis of the regulated insurance entities contribution to Group on an IFRS basis ensuring completeness, accuracy and compliance with reporting requirements and the supporting commentary on the results for Group board reports.
• Work with other team leads within the Analysis team for commentary on IFRS and UK GAAP results including commentary and input into asset valuations
• Responsible for ensuring internal controls are effective, compliant and timely with applicable standards and regulations including quarterly attestation of the RCSA and Internal Controls Framework ensuring effectiveness, timeliness and completeness.
• Manage, coordinate, and support external audit process for areas of responsibility
• Support regulated insurance entity board and audit committee financial reporting production.
• Ensure compliance with current accounting standards and Insurance procedures to maintain a robust financial control regime and drive enhancement of the control environment
• Support and deliver finance change projects
• Collaborate effectively with colleagues and maintain effective working relationships with other teams across M&G Finance, ensuring that Insurance reporting needs are communicated, understood and met.
• Ad hoc tasks and participation in ad hoc projects to support continuous improvement and process enhancement.

Knowledge & Skills

• Highly analytical and skilled problem solver, with a strong commercial mind-set, and the ability to distil complex ideas or problems into simple, effective plans and solutions
• Understanding of data management and control principles and able to manage data transformation and mapping solutions.
• Ability to communicate complex topics effectively and influence effectively through productive / successful relationships with senior stakeholders
• An ability to assess the effectiveness of the arrangements to deliver effective governance, oversight, risk management and a robust control environment across the finance function and the wider business
• An awareness and understanding of the evolving regulatory framework in which M&G plc operates.
• High degree of honesty, integrity and discretion
• Possess both a strong attention to detail and a bigger picture mind-set
• Ability to build strong relationships at all levels across the business, flex interpersonal style accordingly and influence others effectively
• Inspirational manager capable maintaining a high-performing team
• Strong interest in automation and process improvements and ability to quickly adapt to new and evolving situations

Experience

• Knowledge and experience in analysing and interpreting Insurance financial results both on a UK GAAP and IFRS basis for Life Insurer
• Excellent technical accounting knowledge, with attention to detail
• Balances competing requirements to deliver a balanced set of results, resolving significant or priority conflicts.
• Drives incremental and transformational change in response to experience of business needs and manage continuous improvements in processes and outputs.
• Proficient in the use of MS Excel, Word, Power Point.
• Working knowledge of Oracle, Power BI and Tagetik an advantage.

Educational Qualification

• An accounting qualification (e. g. CA, ACA, ACCA) necessary.

What we offer

We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond.

Our benefits are designed to help you balance your professional and personal life, and financially plan for the future.

Our UK benefits include

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.

Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.

• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
• To explore more about life at M&G and our full benefits offering, visit
• Life at M&G

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.

We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be

Level 3

Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.

If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.

We are committed to providing an inclusive recruitment process.

All candidates have the opportunity to request reasonable adjustments when applying.

• If you need any additional support at any stage, please contact us at: careers@mandg. com
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