Reporting Actuary - M&G plc.

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. Role Context 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. Key Accountabilities

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.

Required Knowledge and Experience

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.