Role Overview
Solutions Associate Director – Corporate Pension Solutions (CPS) is a dynamic and growing part of M&G's Life insurance business, focusing on delivering innovative de‑risking solutions tailored to the complex needs of our clients.
Key Responsibilities
- Lead 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
- Actuarial background 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 – scheme design, investment strategy, and member outcomes (beneficial but not essential).
- Understanding of investment platforms, fund structures and governance frameworks within DC pensions.
- Self‑motivated, deadline‑driven and able to work independently.
- Excellent communication and presentation skills.
Benefits & Culture
We offer a comprehensive suite of benefits to support your wellbeing and personal commitments. Our key initiatives include:
- Time Off When You Need It policy allowing flexible work‑life balance.
- Inspiring Families policy: comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity.
- Health & Protection cover: Private Healthcare, Critical Illness cover and Life Assurance, with family options.
- Disability Confident Leader – we welcome applications from candidates with long‑term health conditions, disabilities or neuro‑divergent conditions.
- Share Save and Share Incentive Plan, plus a generous pension scheme (18 % total contributions – 13 % employer, 5 % employee).
- 38 days annual leave including bank holidays, with option to purchase up to 5 extra days.
- Access to financial wellbeing and support services.
Location & Application Details
Location: London
Work Level: Manager / Expert
Recruiter: Amy Curtis
Closing Date: 10 th November 2025
We are committed to diversity and inclusion. M&G welcomes applicants from all backgrounds, including those with disabilities or long‑term conditions, and is a Disability Confident Leader. If you need assistance or an alternative means of applying, let us know at careers@mandg.com.