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.

Role Context

We are seeking an experienced actuary to support the financial analysis of new insurance product launches, with a strong emphasis on regulatory and statutory reporting. The ideal candidate will bring deep technical expertise and a collaborative mindset to help shape product strategy through robust financial insight.

Whilst willing to accept candidates with a wide variety of applicable experience, we have a particular interest in candidates who have worked in IFRS 17 implementation, with-profits and bulk annuities / DB pensions.

Key Accountabilities

• Lead impact assessments of new product launches under IFRS 17 and UK GAAP, ensuring alignment with internal and external reporting requirements.
• Provide expert guidance on IFRS 17 implementation, including contractual service margin (CSM) modelling, risk adjustment, and coverage units.
• Support design, structuring and review of new with-profits product features to enable understanding of accounting and commercial impacts.
• Collaborate with proposition, legal, actuarial business development and deal origination and execution teams to deliver clear, actionable insights on financial implications of product design.

Required Knowledge and Experience

• Qualified actuary with deep technical actuarial and reporting expertise in the life insurance industry.
• A deep understanding of the requirements of IFRS 17 and experience of working with businesses in interpreting and implementing these requirements.
• Experience of financial reporting and operation of with-profit funds.
• Strong knowledge of financial services, regulatory and legislative frameworks, including IFRS and SII principles and associated external reporting and disclosure requirements.
• A strong understanding of financial statements and the key data included in the P&L and balance sheet.
• Knowledge of M&G products, systems and distribution methods.
• Working knowledge of how governance, risk and compliance processes impact on M&G.
• An understanding of the commercial implications of decisions.

Work Level: Manager / Expert

Recruiter: Matt Campbell

Close Date: 24th October 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 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. 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.com