Actuarial Modelling & Valuations Capability Transformation Manager (2 year FTC)

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

Role Summary

This two-year fixed-term role sits within the Actuarial Modelling & Valuations Capability team within the Actuarial Modelling & Valuations Centre of Excellence. You will lead a multi‑location team responsible for transforming end‑to‑end actuarial valuation process. Applying a balance of actuarial understanding, technology capability and people leadership, you will drive improvements across process design, control frameworks and automation/orchestration using modern tooling, including the extensive use of AI. You will play a key role in shaping how valuation activities operate in future, ensuring that processes are efficient, well‑controlled, transparent and scalable. The role requires confident stewardship of complex work, partnering closely with actuarial, technology and change teams to create sustainable improvements aligned to business needs.

Main Responsibilities

• Lead and develop a distributed team of actuarial and technology specialists, ensuring clarity of purpose, strong collaboration and high performance.
• Oversee the redesign of valuation processes, applying best‑practice process engineering approaches to enhance quality, efficiency and resiliency.
• Strengthen the valuation control environment by identifying risks, implementing robust controls and ensuring that documentation, testing and governance standards are fully met.
• Drive automation and orchestration initiatives, working with technology partners to embed modern tooling and data‑driven solutions into valuation workflows.
• Maintain a clear transformation roadmap, ensuring prioritisation, stakeholder engagement and delivery discipline across multiple concurrent workstreams.
• Champion continuous improvement and knowledge‑sharing across the team, encouraging consistent ways of working and alignment to the Centre of Excellence operating model.
• Build trusted relationships with stakeholders across Actuarial, Finance, Risk, Technology and Change to ensure solutions are understood, adopted and measured for impact.

Key Knowledge, Skills and Experience

• Strong grounding in actuarial valuation concepts and processes, with the ability to translate complex actuarial requirements into practical operational and technology solutions.
• Proven experience managing mixed actuarial‑technology teams and delivering change in controlled environments.
• Ability to interpret data, assess risks and make balanced decisions using technical judgement and stakeholder insight.
• Skilled at navigating complex, regulated environments while ensuring work is completed to a high standard with appropriate control governance and documentation.
• Clear and confident communicator, able to simplify complexity, influence senior stakeholders and support colleagues through change.
• Highly organised, adaptable and proactive, able to operate effectively across multiple priorities and timelines.

Essential Skills

• Team leadership and capability development
• Stakeholder and relationship management
• Problem‑solving and continuous‑improvement mindset
• Process design and optimisation
• Automation and orchestration delivery
• Control and risk management

What we offer

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
• Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
• 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
• 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.

We have a diverse workforce and an inclusive culture at M&G, 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.

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