Platform and Process Director

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.

Corporate Pension Solutions (CPS) 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 CPS 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 areas within the pricing platform and end-to-end new business processes as CPS accelerates its growth plans.

Key Responsibilities for this role:

• Ownership of tools, systems and model infrastructure across pricing and associated workstreams, such as liability cashflow engine, capital projection model, integrated data management, asset portfolio construction and/or financial reporting reconciliation.
• Design, build and deliver short, medium and long term strategy for responsible models 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 CPS business.
• Build a close partnership with broader CPS Pricing team and the wider business to deliver process enhancement, build technical capability, and drive continuous improvement for areas of responsibility.

Key Knowledge, Skills & Experience:

• Demonstrable track record of development and ownership of DB pricing and related actuarial models.
• Excellent software development skills (Python, C#, VB, R and RAFM experience most valuable).
• Qualified Actuary or actuarial skillset required.
• Strong knowledge of at least one area of DB benefits, IFRS 17 and Solvency UK for life insurance (in particular balance sheet construction), 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.

Location: London

Work Level: Manager / Expert

Recruiter: Amy Curtis

Closing Date: 04/12/2025

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.
• Market leading Inspiring Families policy includes 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