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Model Development Actuary
M&G plc.
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Model Development Actuary

M&G plc.

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Details
Posted:
February 20, 2021
Location:
Stirling, United Kingdom
Salary:
Open
Type:
Full Time
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The Role

Opportunities are available within M&G's Actuarial Model Development area, where there is an ongoing programme of activity, including regulatory change, developments for new product propositions and further model transformation activity.

We are looking for a qualified Actuary to work in the Model Development area. The successful candidate will have demonstrable experience working model developments (and be familiar with RAFM, MoSes, Prophet or other actuarial modelling tools) and be able to explain modelling concepts to a non-technical audience.

Key Work Level Accountabilities
Experienced Colleague

Experienced Colleague:
  • Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
  • For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product
  • Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
  • Delivers outputs that are clearly defined, using discretion over how to achieve them
  • Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations

Key Responsibilities for this role:

  • Has led teams developing actuarial models
  • Has experience of interpreting business requirements and planning development activity
  • Strong analytical and technical skills
  • Strong problem solving skills
  • Experience of financial reporting and modelling within a life assurance company
  • Experience of reviewing work performed by team members
  • Coaching and mentoring of team members

Key Knowledge, Skills & Experience:
  • Qualified Actuary (or close to qualified)
  • Supported projects or transformation programmes before
  • Comfortable working with ambiguity and agile working
  • Experience of IFRS 17 would be beneficial

Work Level: Experienced Colleague
Recruiter Name: Simone Morris
Closing Date: 14/02/2021

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

Internal Number: 10316779
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