Finance Specialist

4 weeks ago


Stirling, United Kingdom M&G plc. Full time
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.

The role:

Working in a Reinsurance & Bulk Scheme team where there is oversight of a suite of reinsurance treaties and UK bulk pension schemes. There are a large number of different contractual calculations required under the contracts, some at an individual level and others at a scheme/treaty level. There are also governance and relationship management aspects to the role.

Key responsibilities for this role:
The role offers the opportunity to be involved in a wide range of Actuarial Operations work supporting Finance and the wider business, including:
  • the provision of technical actuarial calculations and maintenance of the transfer and commutation bases for non-profit and with-profit annuities;
  • liaising with stakeholders across the wider business and with external parties to ensure understanding of complex and technical actuarial information, developing relationships with key business areas;
  • development and review of documented calculation bases for preparing illustrations and administration system calculations for our new and existing life, pension and investment products; and
  • supporting investigations into actuarial calculation related queries raised by other Actuarial areas and the wider business.

Key knowledge, skills and experience:
  • Previous experience within an actuarial team
  • Highly effective communication skills, both written and oral
  • Able to disseminate quality information to internal and external stakeholders
  • Experience of developing a broad base of relationships with key contacts across Finance and with key business stakeholders
  • Able to apply actuarial concepts and experience to real life situations
  • Comfortable communicating business issues to appropriate parties and providing support to stakeholders
  • Strong experience of using Microsoft applications
  • Ability to deliver on multiple tasks to demanding timescales
  • Pension knowledge desirable although not essential

Work Grade Level: Experienced Colleague
Close Date: 28th August 2024

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.

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