Qualified Actuary

5 days ago

Stirling, United Kingdom M&G plc Full time

At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we’re looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple.

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:
6 - 9 month fixed term contract role for a Qualified Actuary to support Pensions Dashboard Project.

This role is to support M&G’s work in relation to current regulatory projects, including the new the Government-sponsored Pensions Dashboard, along with the development of new SMPI calculations, using your technical experience to design technical solutions.

Key Responsibilities:

- This role will require the holder to work closely with project teams from across M&G to design technical solutions in support of specific regulatory change activity.
- The individual needs to be able to review detailed calculations and translate to a diverse range of individuals, e.g., IT, project managers, actuaries
- In many cases, the role will be as part of a project team, a greater level of independent work will be required.
- Carry out work to an agreed plan, producing deliverables in an agreed timescale
- Good level of interpersonal and networking skills, to develop effective working relationships with team colleagues and internal/external business contacts.
- Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.
- Key Deliverables:

- Support through analysis to determine where calculations are required for Products/Scenarios
- Review of Pension Dashboard Programme standards to determine calculations for ERI and Accrued Calculations
- Development of Calculation Specifications
- Review of calculations testing to ensure accuracy of solution

Key Knowledge, Skills & Experience:

- Requirements for an actuary with experience in UK Life Insurance environment with understanding of SMPI/FCA Calculations. Knowledge of Pensions Dashboard Programme an advantage
- The role requires ability to understand Actuarial calculations based documents and respond to straightforward technical queries.
- Devise and implement efficient and secure procedures for data handling and analysis with attention to all technical aspects.
- Strong team player, with ability to work in a team or on a project single handed

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 or disability 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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