At a Glance
- Tasks: Join a team solving complex problems and developing new valuation methodologies.
- 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 to support your success.
- Other info: We celebrate diversity and welcome applications from all backgrounds, including those with disabilities.
- Why this job: Be part of a collaborative culture that values innovation and continuous improvement.
- Qualifications: Nearly or newly qualified actuary with strong knowledge of Solvency II and IFRS reporting.
The predicted salary is between 36000 - 60000 £ 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.
Methodology & Assumptions Actuary
About the Role
Are you someone who thrives on solving complex problems and bringing clarity to ambiguity? Do you enjoy applying specialist technical knowledge in new and evolving situations? If so, this is your opportunity to join a collaborative team that plays a critical role in shaping how M&G values its products and manages change.
As a Methodology & Assumptions Actuary, you’ll be part of a team that transforms ideas into valuation-ready solutions. You’ll work across departments to deliver new products and strategies, while challenging existing methodologies to drive continuous improvement.
Key Responsibilities
- Lead the development of new valuation methodologies, taking products from concept to balance sheet.
- Manage the integration of new products into regular valuation cycles, ensuring robust implementation.
- Collaborate with teams across the business to deliver innovative customer solutions and strategic initiatives.
- Challenge and enhance existing methodologies and assumptions.
- Provide expert support to the wider business on complex technical queries.
Key Knowledge, Skills & Experience
- Nearly or newly qualified actuary
- Strong knowledge of Solvency II and IFRS reporting
- Specialist understanding of asset-liability management within regulatory frameworks.
- Experience of annuity products and broader familiarity with other life and pension products
Desirable Experience
- Experience of capital modelling or reporting
- Assumption setting (economic or non-economic)
Recruiter: Matt Campbell
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.
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
#J-18808-LjbffrMethodology & Assumptions Actuary (12 month fixed term) in London employer: M&G
M&G is an exceptional employer that fosters a collaborative and inclusive work culture, empowering employees to thrive in their roles as Methodology & Assumptions Actuaries. With a commitment to flexible working arrangements and a focus on employee growth, M&G provides a supportive environment where innovative ideas are valued and developed into impactful solutions. Located in a rich historical context, the company not only prioritises professional development but also champions diversity and inclusion, making it a rewarding place for talented individuals seeking meaningful careers.
StudySmarter Expert Advice🤫
We think this is how you could land Methodology & Assumptions Actuary (12 month fixed term) in London
✨Tip Number 1
Familiarise yourself with the latest developments in Solvency II and IFRS reporting. Being well-versed in these areas will not only boost your confidence during discussions but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with current or former employees at M&G, especially those in actuarial roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when engaging with the team.
✨Tip Number 3
Prepare to discuss specific examples of how you've tackled complex problems in previous roles. M&G values clarity in ambiguity, so showcasing your problem-solving skills will be crucial during any interviews.
✨Tip Number 4
Research M&G's recent projects and initiatives related to valuation methodologies. Being able to reference these in conversations will show your genuine interest in the role and your proactive approach to understanding the company's operations.
We think you need these skills to ace Methodology & Assumptions Actuary (12 month fixed term) in London
Some tips for your application 🫡
Understand the Role:Read the job description thoroughly to grasp the key responsibilities and required skills for the Methodology & Assumptions Actuary position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience:Emphasise your experience with Solvency II, IFRS reporting, and asset-liability management. Provide specific examples of how you've applied your actuarial knowledge in previous roles, especially in developing methodologies or managing product integrations.
Showcase Problem-Solving Skills:Since the role involves solving complex problems, include examples in your application that demonstrate your analytical thinking and ability to bring clarity to ambiguous situations. This could be through past projects or challenges you've overcome.
Express Your Collaborative Spirit:M&G values teamwork, so make sure to mention any collaborative projects you've been part of. Highlight your ability to work across departments and contribute to innovative solutions, as this is a key aspect of the role.
How to prepare for a job interview at M&G
✨Understand the Role
Make sure you have a solid grasp of what a Methodology & Assumptions Actuary does. Familiarise yourself with valuation methodologies, Solvency II, and IFRS reporting, as these are crucial for the role.
✨Showcase Problem-Solving Skills
Prepare examples from your past experiences where you've tackled complex problems or brought clarity to ambiguous situations. This will demonstrate your ability to thrive in the role.
✨Collaborative Mindset
Highlight your experience working across departments. M&G values collaboration, so be ready to discuss how you've successfully partnered with others to deliver innovative solutions.
✨Challenge Existing Methodologies
Be prepared to discuss how you would approach enhancing existing methodologies and assumptions. Show that you're not just a follower but someone who can drive continuous improvement.
