Senior Planning and Reporting Actuary

Posted 8 May by eFinancialCareers

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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

M&G plc is required to produce consolidated IFRS financial statements and Group Solvency II reporting. This role is responsible for supporting the Group's external reporting with a focus on the actuarial components. It is an exciting opportunity for a dynamic actuary to be involved in the financial reporting for a listed group.

Key Responsibilities:
  • To support the Group Reporting team in the overall production of the Group's annual report and consolidated financial statements and Solvency II Pillar III reporting for all reporting periods, with a focus on the actuarial components of the external reporting
  • Delivering the Group's Solvency II Pillar III narrative reporting, including the production of the single group SFCR
  • To support the process to produce the other financial sections of Group reporting
  • To maintain effective working relationships with other teams in M&G plc Finance ensuring that Group reporting needs are communicated, understood and met
  • Oversight of the outsourced IAS 19 defined benefit pension valuation
  • Support production of Group Audit Committee and Board papers as required
  • Other support to Group reporting initiatives as required

Key Knowledge, Skills & Experience:
  • Qualified actuary with post qualification experience
  • Knowledge of IFRS and Solvency II reporting requirements
  • Experience of the actuarial components of insurance accounting, including requirements of IFRS and Solvency II
  • Detailed knowledge of financial reporting regulatory requirements and legislative frameworks
  • Knowledge of insurance products, systems and distribution methods
  • Experience of dealing with complex transactions
  • Good knowledge of industry trends, best practice and developments, good networks / links with external bodies and individuals in the same field
  • Experience of the production and delivery of financial reporting in a life and pensions organisation. Asset management experience is also beneficial
  • Experience of delivering finance change programmes

Personal attributes/skills:
  • Highly analytical and a skilled problem solver, with a strong commercial mind-set, and the ability to distil complex ideas or problems into simple, effective plans and solutions
  • Ability to communicate effectively and influence effectively with productive, successful relationships with demanding senior stakeholders
  • Ability to manage tensions and conflicts to achieve outcomes that work for all parties
  • Strong personal presence and resilience
    • Ability to assess, react quickly and decisively to problems, taking tough decisions where needed
    • Strength in identifying and anticipating need for changes to continuously improve quality and efficiency of output
    • Management of resources and risks using expert judgment, know-how and experience

Work Level: Manager / Expert
Close Date: 17th May 2024

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.

Reference: 52607880

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