At a Glance
- 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 tailored to your needs.
- Why this job: Be part of a collaborative culture that values integrity and continuous improvement.
- Qualifications: Previous experience in Financial Services 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 28800 - 48000 Β£ 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 \βopt in\β to the scheme when applying.
Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional need,pleaselet usknow by contacting us at: careers@mandg.com
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Finance Specialist employer: M&G
Contact Detail:
M&G Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Finance Specialist
β¨Tip Number 1
Familiarise yourself with the specific financial products and services offered by M&G, especially in the areas of reinsurance and Bulk Purchase Annuities. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
β¨Tip Number 2
Network with current or former employees of M&G on platforms like LinkedIn. They can provide insights into the company culture and the expectations for the Finance Specialist role, which can be invaluable when preparing for your interview.
β¨Tip Number 3
Brush up on your analytical skills and be prepared to discuss how you've used them in previous roles. M&G values strong analytical capabilities, so having examples ready will demonstrate your suitability for the position.
β¨Tip Number 4
Showcase your communication skills by preparing to explain complex financial concepts in simple terms. This is crucial for the Finance Specialist role, as you'll need to convey information clearly to various stakeholders.
We think you need these skills to ace Finance Specialist
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Finance Specialist at M&G. Familiarise yourself with the key tasks mentioned in the job description, such as contractual calculations and collaboration with third parties.
Tailor Your CV: Highlight your relevant experience in Financial Services, especially any work related to reinsurance or Bulk Purchase Annuities. Use specific examples that demonstrate 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 skills align with their needs. Mention your willingness to learn and adapt, as well as your commitment to delivering high-quality work.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your communication is clear and professional, reflecting the excellent written skills required for the role.
How to prepare for a job interview at M&G
β¨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Finance Specialist role and its key responsibilities. Familiarise yourself with reinsurance and Bulk Purchase Annuities, as well as the specific contractual requirements mentioned in the job description.
β¨Showcase Your Analytical Skills
Prepare to discuss your analytical skills and provide examples of how you've used them in previous roles. Be ready to explain how you approach problem-solving and analysis, especially in a fast-paced environment.
β¨Demonstrate Strong Communication Abilities
Since the role involves working closely with various stakeholders, practice articulating your thoughts clearly and concisely. Prepare to discuss how you've effectively communicated complex information in the past.
β¨Emphasise Collaboration and Accountability
Highlight your experience in collaborative environments and your ability to take personal accountability for deliverables. Be prepared to share examples of how you've worked with teams to achieve common goals.