Methodology & Assumptions Actuary

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.Through 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.Methodology & Assumptions ActuaryAbout the RoleDo you enjoy solving complex actuarial challenges, turning ambiguity into practical solutions, and influencing how strategic business decisions are reflected on the balance sheet?We're looking for a Methodology & Assumptions Actuary to join our Business Development team. This is a unique opportunity to work at the heart of M&G's product innovation and strategic development, helping bring new ideas from concept through to implementation and valuation.You'll play a leading role in designing and enhancing the methodologies, assumptions and regulatory approaches that underpin our products and transactions. Working closely with teams across Finance, Pricing, Investments, Risk, and more, you'll help ensure that innovative customer solutions can be robustly valued, managed and reported.This is a role suited to someone who enjoys applying deep technical expertise to new and evolving challenges while influencing outcomes across the business.Key ResponsibilitiesLead the development of valuation methodologies and actuarial approaches for new products, transactions and strategic initiatives, taking ideas from concept through to implementation.Design and enhance actuarial assumptions and methodologies, ensuring they remain technically robust, commercially appropriate and aligned with regulatory requirements.Partner with stakeholders across Investments, Finance, Risk, Product Development and Actuarial to deliver innovative customer propositions and strategic business solutions.Support the integration of new products, assets and transactions into ongoing valuation, capital and financial reporting processes.Provide expert technical insight on complex actuarial, regulatory and balance sheet matters.Drive continuous improvement by challenging existing methodologies, identifying opportunities for simplification, automation and greater efficiency.Contribute to the development of regulatory and accounting interpretations relating to Solvency II, IFRS and emerging industry developments.Key Knowledge, Skills & ExperienceNearly qualified, newly qualified or qualified actuary.Strong analytical and problem-solving skills, with the ability to develo...