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Actuary - business development

Edinburgh
Permanent
M&G plc.
Posted: 14 August
Offer description

Responsibilities

:
1. Explainplex financial concepts to non-finance experts and contribute to product design.
2. Quickly understand and adopt new concepts.
3. Drive business growth by supporting the Proposition team to design innovative, efficient, and financially sound product solutions.
4. Support delivery of solutions for new propositions/products efficiently andmercially.
5. Engage with stakeholders in Finance and the wider business to track new development areas, present Actuarial Model and Valuations views, and identify dependencies to reduce blockers.
6. Liaise with the wider Finance team to provide high-quality actuarial reporting input, including Solvency II and IFRS 17 reporting.
7. Challenge the status quo, embrace change, strive for continuous improvements, and remain responsive to future business requirements.
8. Work collaboratively with colleagues and take accountability to maintain and enhance controls to support improvement of the overall control environment, customer oues, and reduce operational risk.

Stakeholder Management:
9. Engage with Finance BAU teams to understand existing methodology, processes, and controls.
10. Consult on impact assessments, requirements, solution implementation, and timelines.
11. Handover solutions to BAU to mitigate risks and ensure smooth transitions.

Methodologies and Requirements:
12. Provide clear methodologies and requirements for Actuarial Model and Valuations and the wider business, ensuring implementation aligns with control frameworks and long-term goals.

Key Knowledge, Skills & Experience:
13. Strong knowledge of financial services, regulatory and statutory frameworks (Solvency II, IFRS), and external reporting requirements.
14. Experience in preparing financial information for internal and external reporting, including capital reporting.
15. Strong verbal and writtenmunication skills.
16. Knowledge of life and pensions products, markets, andpetitors.
17. Working knowledge ofernance, risk, andpliance processes.
18. Understanding ofmercial implications of decisions.
19. Experience using technologies to develop and improve processes.
20. Ability to disseminateplex information to stakeholders with varying degrees of sophistication.
21. Experience leveraging business understanding and finance knowledge to support the business and make insightful rmendations.
22. Ability to produce high-quality technical work within a controlled environment.

Qualifications:
23. Qualified actuary with extensive experience in the financial services sector.

Work level: Experienced Colleague
Recruiter: Matt Campbell
Close Date: 28th August 2025

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 diversemunities 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 wee 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 wee applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that 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
Job ID R17018

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