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Reporting Actuary

M&G, Stirling

Reporting Actuary

Salary not available. View on company website.

M&G, Stirling

  • Full time
  • Permanent
  • Onsite working

Posted 1 day ago, 23 Aug | Get your application in today.

Closing date: Closing date not specified

Job ref: df087f694c534d8dbeed249fdd5ebf16

Location ref: Stirling

Full Job Description

  • Input to 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.

    We are seeking an 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 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 with-profits, bulk annuities / DB pensions, or IFRS 17.,
  • Qualified actuary with technical actuarial and reporting expertise in the life insurance industry.
  • An 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.
  • Knowledge of financial services, regulatory and legislative frameworks, including IFRS and SII principles and associated external reporting and disclosure requirements.
  • An 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.

    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.

  • A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
  • Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
  • Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
  • Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
  • Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.

Direct job link

https://www.s1jobs.com/job/reporting-actuary-127243610
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