Solutions Actuary

Solutions Actuary

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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M&G

At a Glance

  • Tasks: Lead innovative solutions for corporate pensions and enhance client offerings.
  • Company: Join M&G, a leading international savings and investments business with a rich history.
  • Benefits: Flexible working arrangements, inclusive culture, and opportunities for professional growth.
  • Other info: Diverse and inclusive workplace welcoming all backgrounds and experiences.
  • Why this job: Make a real impact in the financial sector while developing your actuarial expertise.
  • Qualifications: Actuary with experience in life insurance, pensions, or investment solutions.

The predicted salary is between 36000 - 60000 £ per year.

Overview

Solutions Actuary – Corporate Pension Solutions (CPS) is a dynamic and growing part of M&G’s Life insurance business, focused on delivering innovative de-risking solutions tailored to the complex needs of corporate and institutional clients. The Proposition & Operations team within CPS plays a pivotal role in developing these solutions, ensuring they meet customer needs while aligning with M&G’s commercial goals. We’re seeking a Solutions Actuary to lead the development and execution of new propositions, support onboarding of new clients, and ensure ongoing product oversight and commercial success.

Key Responsibilities

  • Lead the development of CPS proposition strategy and roadmap, including innovative solution design
  • Collaborate across M&G to enhance CPS offerings for pension and corporate de-risking markets
  • Manage end-to-end delivery of new solutions, engaging senior stakeholders and legal entities
  • Support distribution and transaction teams with client deliverables and relationship management
  • Provide technical analysis and strategic input to senior M&G Life stakeholders
  • Oversee existing solutions to ensure customer outcomes and commercial objectives are met
  • Integrate cross-functional workstreams (investment, longevity, reinsurance, ALM) into solution development
  • Drive continuous improvement and identify new commercial opportunities
  • Develop scalable, agile processes for future deal volumes and maintain pricing targets
  • Manage outsourcing arrangements and mentor junior team members

Key Knowledge, Skills & Experience

  • Actuary with strong commercial acumen and technical expertise
  • Proven experience in life insurance, pensions, or investment solution development
  • Expertise in bulk annuity pricing, funded/longevity reinsurance, or life insurance balance sheet management
  • Solid understanding of UK DB pensions and Solvency II/UK regulations
  • Familiarity with Matching Adjustment, ALM, and non-standard capital/reinsurance structures
  • Strong knowledge of UK DC pensions, including scheme design, investment strategy, and member outcomes beneficial but not essential
  • Understanding of investment platforms, fund structures, and governance frameworks within DC pensions beneficial but not essential
  • Self-motivated, deadline-driven, and able to work independently
  • Excellent communication and presentation skills

Location

Location: London

Work Level

Work Level: Manager / Expert

Recruiter

Recruiter: Amy Curtis

Closing Date

Closing Date: 31/10/2025

Equal Opportunity

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. We are proud to be a Disability Confident Leader and welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Candidates who meet the minimum criteria of a job will be offered an interview if they opt in to the scheme when applying.

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

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Solutions Actuary employer: M&G

At M&G, we pride ourselves on being an exceptional employer that fosters a culture of integrity, collaboration, and innovation. Our London-based Solutions Actuary role offers flexible working arrangements, comprehensive support for employee growth, and a commitment to diversity and inclusion, ensuring that every team member can thrive while contributing to meaningful financial solutions for our clients. Join us to be part of a dynamic team that values your expertise and encourages continuous improvement in a rewarding environment.
M&G

Contact Detail:

M&G Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Solutions Actuary

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can help you land that Solutions Actuary role.

✨Tip Number 2

Prepare for those interviews by researching M&G and understanding their values and goals. We want to see how you can align with our mission of delivering innovative solutions. Show us you’re not just another candidate, but someone who truly gets what we’re about!

✨Tip Number 3

Practice your pitch! You’ll want to clearly articulate your experience and how it relates to the Solutions Actuary position. We’re looking for someone who can communicate complex ideas simply, so make sure you can explain your past projects and successes in a way that resonates.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in being part of the M&G team. Let’s get you on board!

We think you need these skills to ace Solutions Actuary

Commercial Acumen
Technical Expertise
Life Insurance Knowledge
Pensions Expertise
Investment Solution Development
Bulk Annuity Pricing
Longevity Reinsurance
Life Insurance Balance Sheet Management
UK DB Pensions Understanding
Solvency II Knowledge
Matching Adjustment Familiarity
Asset Liability Management (ALM)
Cross-Functional Collaboration
Excellent Communication Skills
Presentation Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Solutions Actuary role. Highlight your experience in life insurance, pensions, and any relevant technical skills. We want to see how your background aligns with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how you can contribute to M&G’s mission. Keep it concise but impactful – we love a good story!

Showcase Your Technical Skills: Don’t forget to showcase your technical expertise in areas like bulk annuity pricing and Solvency II regulations. We’re keen on candidates who can demonstrate their knowledge and how it applies to our work at M&G.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at M&G

✨Know Your Numbers

As a Solutions Actuary, you'll need to demonstrate your strong commercial acumen and technical expertise. Brush up on key metrics related to life insurance, pensions, and investment solutions. Be ready to discuss how these numbers impact decision-making and client outcomes.

✨Showcase Your Collaboration Skills

Collaboration is key in this role, so prepare examples of how you've worked with cross-functional teams in the past. Highlight your experience engaging with senior stakeholders and how you’ve successfully integrated different workstreams into solution development.

✨Understand the Regulatory Landscape

Familiarise yourself with UK DB pensions, Solvency II regulations, and any relevant compliance issues. Being able to speak knowledgeably about these topics will show that you’re not just technically proficient but also aware of the broader context in which M&G operates.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills and ability to drive continuous improvement. Think of specific instances where you've identified new commercial opportunities or improved processes, and be ready to share those stories.

Solutions Actuary
M&G
Location: City of London
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