Solutions Associate Director

M&G; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading asset management firm in London seeks a Solutions Actuary to lead the development of innovative de-risking solutions for corporate clients. Responsibilities include strategy development, managing new solutions, and collaboration across teams. Ideal candidates will have strong commercial acumen, actuarial expertise, and experience in life insurance. The role includes competitive benefits and a focus on well-being.

Benefits

Valuable pension scheme of 18%

38 days annual leave

Market leading parental leave policy

Private Healthcare and Critical Illness cover

Qualifications

• Proven experience in life insurance, pensions, or investment solution development.
• Expertise in bulk annuity pricing and funded/longevity reinsurance.
• Solid understanding of UK DB pensions and Solvency II/UK regulations.

Responsibilities

• Lead the development of CPS proposition strategy and roadmap.
• Collaborate to enhance CPS offerings for pension and corporate de-risking markets.
• Manage end-to-end delivery of new solutions.

Skills

Strong commercial acumen

Technical expertise in life insurance

Excellent communication skills

Presentation skills

Self-motivated

Deadline-driven

Education

Actuary certification

Job description

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 also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Solutions Associate Director

Corporate Pension Solutions (CPS) is a dynamic and growing part of M&G’s Life insurance business, focused on delivering innovative de‑risking solutions tailored to the complex needs of corporate and institutional clients. The Proposition & Operations team within CPS plays a pivotal role in developing these solutions, ensuring they meet customer needs while aligning with M&G’s commercial goals.

We’re seeking a Solutions Actuary to lead the development and execution of new propositions, support onboarding of new clients, and ensure ongoing product oversight and commercial success.

Key Responsibilities for this role:

• Lead the development of CPS proposition strategy and roadmap, including innovative solution design
• Collaborate across M&G to enhance CPS offerings for pension and corporate de‑risking markets
• Manage end‑to‑end delivery of new solutions, engaging senior stakeholders and legal entities
• Support distribution and transaction teams with client deliverables and relationship management
• Provide technical analysis and strategic input to senior M&G Life stakeholders
• Oversee existing solutions to ensure customer outcomes and commercial objectives are met
• Integrate 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:

• Actuary 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, including scheme design, investment strategy, and member outcomes beneficial but not essential
• Understanding of investment platforms, fund structures, and governance frameworks within DC pensions beneficial but not essential
• Self‑motivated, deadline‑driven, and able to work independently.
• Excellent communication and presentation skills

Location: London

Work Level: Manager / Expert

Recruiter: Amy Curtis

Closing Date: 10th November 2025

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% , with 13% made up of Employer Contributions and 5% Employee Contributions . We also offer Share Save and our Share Incentive Plan , together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.

• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

• Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, 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.

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]