Qualified Actuary - AFH

Prudential UK & Europe
15 Feb 2019
02 Mar 2019
Contract Type
Full Time
Working with M&G Prudential as an Actuary (qualified or nearly qualified), means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.

The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you’re inspired to join us, and have the necessary qualities, then this could be the opportunity you’ve been looking for.

The Chief Actuary is a statutory role that focuses on ensuring the financial wellbeing of the M&G Prudential Insurance business, and forms part of our Risk and Compliance department. The Chief Actuary is responsible for the Actuarial Function, as defined under Solvency II.

An opportunity has arisen for an Actuary (qualified or nearly qualified) to join the Chief Actuary Team. You will assist the Chief Actuary in carrying out his statutory duties and the duties of the Actuarial Function.

This will include (with the rest of the Chief Actuary’s team) monitoring the company’s solvency and financial strength (including reviewing the company’s Solvency II valuations), assessing the adequacy of new business pricing, underwriting and reinsurance arrangements, and reviewing other management activities for their impact on solvency and financial strength. In doing this, you will provide support and challenge to the rest of the business, helping the company to continue to thrive and prosper under the Solvency II regulatory regime.

To be successful in this role, you will need experience of the following:
  • communicating complex problems and issues effectively and succinctly to a variety of peers and managers
  • financial reporting and actuarial modelling for a life assurance company
  • drawing conclusions from complex data sources
  • constructively challenging and influencing a range of peers and stakeholders
  • taking complex and ambiguous problems and quickly generating practical solutions

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It’s also an innovative, high-performing, commercial environment that’s totally focused on customers. As an M&G Prudential colleague you’ll get all the support you’d expect, including full training and professional development. You’ll receive a competitive salary and reward package. And in a fast-changing world, you’ll join an organisation that’s leading the way in helping customers achieve their long-term financial goals.

M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple – to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.

Recruiter: Kelly Chalmers/Laura Campbell
Location: Stirling / London
Closing Date: 27th February 2019 .

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