Pensions Technical Lead in Stirling

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 and a strong opportunity, the team is adding headcount in a number of areas.

The Pensions Technical Lead will act as the key SME within the broader CPS function, ensuring that the business area complies with all appropriate regulatory and legislative requirements.

• Act as a senior subject matter expert for CPS on all aspects of pensions regulation
• Support CPS with technical guidance for BAU activities, general enquiries and projects
• Review and sign off of scheme benefit specifications and policy documents
• Participate in discussions where appropriate with pricing on bespoke benefit features
• Participate in client discussions where appropriate
• Act as key contact point for CPS in respect to regulatory change ensuring that any change is embedded with CPS appropriately
• Provide input to regulatory and government consultations where relevant
• Represent CPS within the broader Life business, including attending the M&G wide technical and regulatory change meetings
• Act as key point of contact for GMP equalisation
• Look to consider options for improving the CPS buy out proposition whilst considering the regulatory and legal impacts of any changes
• Provide training to the broader CPS Business area where appropriate
• Represent M&G on the ABI Risk Transfer Working Group quarterly meetings

• Excellent pension technical skills
• Problem solving skills
• Financial Services & Insurance knowledge, especially around defined benefit pension de-risking, with profits, reinsurance and investment solutions (including Defined Contribution investment solutions)
• Experience of participating in regulatory change projects
• Experience of training and mentoring team members
• Passion for the customer
• Effective written and presentation skills
• High degree of honesty, integrity and discretion

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.
• 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