Flexible Actuary: Methodology & Assumptions

mgpru; Stirling; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Pension scheme (up to 18%)

Flexible working arrangements

Job summary

M&G seeks an ambitious Methodology & Assumptions Actuary to join the Business Development team. You will design robust valuation methodologies and regulatory-aligned assumptions for innovative products and transactions, influencing balance sheet reporting and capital management.

In this role you will work across Finance, Pricing, Investments and Risk, shaping how new ideas become valued and commercialised while maintaining technical excellence and regulatory compliance.

Qualifications

• Nearly qualified, newly qualified or qualified actuary.
• Strong analytical and problem-solving skills.
• Ability to communicate complex technical concepts clearly.
• Collaborative approach across teams.
• Commercial awareness and business impact focus.

Responsibilities

• Lead development of valuation methodologies for new products and transactions.
• Design and enhance actuarial assumptions and methods with regulatory alignment.
• Collaborate with Investments, Finance, Risk, and Product Development to deliver propositions.
• Support integration of new products into valuation, capital and reporting processes.
• Provide expert insights on complex actuarial and regulatory balance sheet matters.
• Drive improvements through automation and efficiency.
• Contribute to Solvency II, IFRS interpretations and industry developments.

Skills

Analytical skills

Problem-solving

Communication skills

Team collaboration

Commercial awareness

Education

Actuarial qualification

Job description

M&G seeks an ambitious Methodology & Assumptions Actuary to join the Business Development team. You will design robust valuation methodologies and regulatory-aligned assumptions for innovative products and transactions, influencing balance sheet reporting and capital management.

In this role you will work across Finance, Pricing, Investments and Risk, shaping how new ideas become valued and commercialised while maintaining technical excellence and regulatory compliance.