Capital & Liquidity Manager

M&G; City of Edinburgh; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player seeks a Capital and Liquidity Manager to join its Financial Planning & Analysis team. This high-profile role involves forecasting capital and liquidity, enhancing financial models, and delivering insights for strategic growth. The ideal candidate will bring actuarial expertise, strong communication skills, and a collaborative spirit to improve processes and support decision-making. This role offers the opportunity to work in a diverse and inclusive environment, contributing to the financial stability of an organization with over 170 years of history. If you are passionate about finance and eager to make a meaningful impact, this position is for you.

Benefits

Flexible Working Arrangements

Workplace Accommodations

Diversity and Inclusion Programs

Qualifications

• Qualified Actuary with strong communication and stakeholder management skills.
• Experience in financial information support for planning and decision making.

Responsibilities

• Forecasting capital and liquidity for the Life business.
• Regular reporting on the Group’s capital and liquidity metrics.
• Collaborating with teams to enhance the overall control environment.

Skills

Actuarial Expertise

Financial Modelling

Stakeholder Management

Communication Skills

Process Improvement

Problem Solving

Education

Qualified Actuary

Tools

Financial Modelling Software

Job description

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.

The Role:

The role is within the Planning Centre of Excellence, part of our Financial Planning & Analysis team. The FP&A team owns the Group’s Performance Management Framework and is responsible for the Group’s financial forecasting and business planning and for providing financial updates on business performance for a senior audience.

The Capital and Liquidity Manager will be responsible for forecasting capital and liquidity, a high-profile role as part of the Group’s planning capabilities, to support strategic growth and ensure stretching but realistic plans and targets. The role is also responsible for regular reporting on the Group’s capital liquidity position to help monitor financial stability and identify emerging developments and outcomes. The work requires close collaboration with the Insurance Financial Control team and the Shareholder Financial Strategy team.

Key Work Level Accountabilities:

• Accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise. The role does not currently involve formal direct people management, but in practice directs the work one part-qualified actuarial colleague in Mumbai.
• Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
• Manages conflicts that may impact delivery
• Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
• Identifies and anticipates need for changes to continuously improve quality and efficiency of output
• Manages resources and risks using expert judgment, know-how and experience

Key Responsibilities for this role:

• working collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G Plc's operational risk
• forecasting: this is primarily focussed on the Life business and involves ownership and operation of financial models and sensitivities to provide forecasts. Develop these models to improve processes, strengthen controls and respond to changes in the business structure and product offering. The main deliverables are the capital and liquidity inputs into the team’s quarterly forecasts and key inputs into a more detailed annual Business Plan. It requires close coordination with FP&A team members and the Valuation, Financial Control and new propositions teams. The work requires attention to detail, an ability to identify and explain unusual results, the ability to problem-solve and keep things simple, and the ability to convey the key points to less specialised staff clearly.
• regular reporting: report and review the Group’s capital and liquidity metrics, producing formal reporting to committees and boards as needed. This involves coordinating and analysing inputs from across the Finance team and adding insight and comment for executive-level audiences on a monthly basis.
• insight, what-ifs and sensitivities: the role also responds to emerging needs from the Finance leadership and the business, covering the impact of financial markets changes and business developments as required. A large volume of stress testing is performed as part of the Business Plan and for ORSA regulatory work. There is also work performed to support the strategy team in valuing our business and assessing longer term prospects.
• support the Head of Planning and Forecasting in the development of M&G plc planning assumptions and processes, and ensure that they are consistently applied across the business

Key Knowledge, Skills & Experience:

• Qualified Actuary
• Strong communications skills and stakeholder management capabilities
• Experience of providing financial information support planning and decision making
• Experience of developing a broad base of relationships with key contacts across Finance and with key business stakeholders within Life and/or Asset Management
• Experience of coordinating activities across teams to ensure the needs of business stakeholders are met
• A strong understanding of the group’s capital generation and the concepts relevant to capital and solvency.
• Working knowledge of actuarial models and high level understanding of the Group’s capital modelling and valuation processes.
• Working knowledge of how planning and analysis and performance management framework and processes work together
• Past success in improving processes and/or developing financial models

Work Level: Manager / Expert

Recruiter: Matt Campbell

Close Date: 23rd May 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.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional need,pleaselet usknow by contacting us at: [e-mail]