M&G - Senior Manager - Actuarial

Senior Manager - Actuarial (IFRS 17 or Solvency II)

Key Responsibilities:

1. IFRS 17 Reporting:

- Aggregate IFRS 17 results from various systems and templates to create a comprehensive understanding of financial outcomes.

- Analyse movements in individual line items on balance sheets and P&L statements for different products, including non-profit, with-profit, shareholder, and policyholder products.

2. Result Analysis and Commentary:

- Interpret and make sense of the consolidated IFRS 17 results, identifying key drivers of financial performance.

- Provide detailed and insightful commentary on changes from previous reporting periods, highlighting significant trends and anomalies.

3. Presentation and Communication:

- Present technical concepts and findings to senior management clearly and concisely.

- Ensure all communications are tailored to the audience, facilitating understanding and informed decision-making.

4. Stakeholder Interaction:

- Engage with key stakeholders to understand reporting requirements and deliver results accordingly.

- Build and maintain strong relationships with stakeholders to ensure effective communication.

Qualification:

- 5-7 years or more of relevant Actuarial experience with understanding of IFRS 17 or SII.

- A close to qualification or a Qualified Actuary from IAI or IFoA with preference of specialisation in SA2.

- Good level of understanding of the Financial Services industry and regulatory environment.

- Some knowledge of significant regulatory processes within M&G India UK operations.

- Good knowledge of M&G India/ Insurance company's products.