Solutions Actuary

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.

Solutions Actuary

Corporate Pension Solutions (CPS) is a dynamic and growing part of M&G’s Life insurance business, focused on delivering innovative de-risking solutions tailored to the complex needs of corporate and institutional clients. The Proposition & Operations team within CPS plays a pivotal role in developing these solutions, ensuring they meet customer needs while aligning with M&G’s commercial goals.

We’re seeking a Solutions Actuary to lead the development and execution of new propositions, support onboarding of new clients, and ensure ongoing product oversight and commercial success.

Key Responsibilities For This Role:

• Lead the development of CPS proposition strategy and roadmap, including innovative solution design
• Collaborate across M&G to enhance CPS offerings for pension and corporate de-risking markets
• Manage end-to-end delivery of new solutions, engaging senior stakeholders and legal entities
• Support distribution and transaction teams with client deliverables and relationship management
• Provide technical analysis and strategic input to senior M&G Life stakeholders
• Oversee existing solutions to ensure customer outcomes and commercial objectives are met
• Integrate cross-functional workstreams (investment, longevity, reinsurance, ALM) into solution development
• Drive continuous improvement and identify new commercial opportunities
• Develop scalable, agile processes for future deal volumes and maintain pricing targets
• Manage outsourcing arrangements and mentor junior team members

Key Knowledge, Skills & Experience:

• Actuary with strong commercial acumen and technical expertise
• Proven experience in life insurance, pensions, or investment solution development
• Expertise in bulk annuity pricing, funded/longevity reinsurance, or life insurance balance sheet management
• Solid understanding of UK DB pensions and Solvency II/UK regulations
• Familiarity with Matching Adjustment, ALM, and non-standard capital/reinsurance structures
• Strong knowledge of UK DC pensions, including scheme design, investment strategy, and member outcomes beneficial but not essential
• Understanding of investment platforms, fund structures, and governance frameworks within DC pensions beneficial but not essential
• Self-motivated, deadline-driven, and able to work independently.
• Excellent communication and presentation skills

Location: London

• Work Level: Manager / Expert

Recruiter: Amy Curtis

Closing Date: 31/10/2025

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