At a Glance
- Tasks: Lead the development of innovative quantitative models using advanced analytics and AI.
- Company: Join M&G, a leading international savings and investments business with over 175 years of innovation.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and comprehensive health cover.
- Other info: Flexible working arrangements and a commitment to diversity and inclusion.
- Why this job: Make a real impact in a collaborative environment while advancing your career in modelling and analytics.
- Qualifications: Strong expertise in quantitative modelling, leadership experience, and knowledge of data science.
The predicted salary is between 66150 - 80850 £ per year.
At M&G, 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.
Role Summary
This role sits within the Actuarial Modelling & Valuations Capability team and focuses on advancing quantitative and statistical modelling capabilities.
The role is responsible for developing and enhancing models through the application of advanced analytics, including data science, machine learning, and proxy modelling techniques.
The role combines deep technical expertise with a forward-looking approach to innovation, supporting improvements in model accuracy, efficiency, and insight generation.
It contributes to the evolution of modelling practices by delivering robust, scalable solutions aligned to business priorities.
Alongside technical delivery, the role has significant responsibility for leading a multi-skilled team of actuaries, data scientists, and technical specialists.
It requires strong stakeholder engagement across actuarial, risk, finance, and technology teams to ensure effective collaboration and alignment.
Artificial intelligence will be applied as part of a broader modelling toolkit, supporting innovation and efficiency.
The role operates with a strong focus on continuous improvement, delivering practical outcomes while developing people and capabilities across the team.
Main Responsibilities
- Lead the development and enhancement of quantitative and statistical models, including proxy modelling techniques.
- Manage a multi-disciplinary team of actuaries, data scientists, and technical experts, fostering a collaborative and high-performing environment.
- Apply a range of analytical approaches, including data science and machine learning, to develop and enhance models, designing and implementing scalable modelling solutions to support valuation and reporting processes.
- Use artificial intelligence as part of the broader modelling toolkit to support innovation and efficiency.
- Provide technical leadership and guidance, supporting capability development and knowledge sharing.
- Drive strong stakeholder engagement, working closely with cross-functional teams to align priorities and deliver outcomes.
- Translate business requirements into robust and practical modelling approaches.
- Ensure all models meet governance, validation, and documentation standards.
- Identify opportunities to simplify, automate, and optimise modelling processes.
Key Knowledge, Skills and Experience
- Strong expertise in quantitative and statistical modelling techniques.
- Experience with proxy modelling and a range of advanced analytical approaches.
- Experience in leading and developing multi-skilled technical teams.
- Understanding of data science, machine learning, and the practical application of AI within modelling.
- Strong stakeholder management skills, with the ability to influence and collaborate effectively.
- Ability to design, build, and maintain scalable and efficient modelling solutions.
- Strong understanding of model governance, validation, and controls.
- Ability to communicate complex technical concepts clearly to a range of stakeholders.
- A proactive approach to innovation, balanced with a focus on delivery, control, and quality.
Essential Skills
- Quantitative and statistical modelling
- Proxy modelling techniques
- Leadership and team development
- Stakeholder engagement and influencing
- Machine learning and data science
- Awareness of artificial intelligence applications
- Programming and model development
- Critical thinking and structured problem solving
- Attention to detail and quality assurance
- Continuous improvement mindset
What we offer
We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond.
Our benefits are designed to help you balance your professional and personal life, and financially plan for the future.
Our UK benefits include
- A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
- Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
- Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
- Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
- Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
- Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
- To explore more about life at M&G and our full benefits offering, visit Life at M&G
M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.
We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.
If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
We are committed to providing an inclusive recruitment process.
All candidates have the opportunity to request reasonable adjustments when applying.
If you need any additional support at any stage, please contact us at: careers@mandg. com
M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide.
As at 31 December 2024, we had£345.9billion of assets under management and administration.
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.
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Quantitative Modelling Manager - Actuarial Modelling & Valuations Capability employer: M&GPrudential
M&G is an exceptional employer that prioritises employee wellbeing and professional growth, offering a comprehensive benefits package including a generous pension scheme, extensive annual leave, and flexible working arrangements. Our inclusive culture fosters collaboration and innovation, empowering you to lead a multi-skilled team while advancing your career in a supportive environment. With a commitment to diversity and continuous improvement, M&G provides a unique opportunity to thrive in the dynamic field of actuarial modelling and valuations.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Modelling Manager - Actuarial Modelling & Valuations Capability
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We think you need these skills to ace Quantitative Modelling Manager - Actuarial Modelling & Valuations Capability
Some tips for your application 🫡
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How to prepare for a job interview at M&GPrudential
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with M&GPrudential.
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Since this is a full-time position, employers at M&GPrudential will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
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Before your interview, reach out to current or former M&GPrudential employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
