About M&G India
We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.
Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.
Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.
About M&G
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.
Accountabilities/Responsibilities
- Accountable for providing a quality service or products to customers and stakeholders, using skills/experience built through significant practical experience.
- Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
- Delivers outputs that are clearly defined, using discretion over how to achieve them
- Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations.
Key Responsibilities:
- To produce and be accountable for understanding and explaining the change in liabilities to key stakeholders with clear controls.
- To provide specialist technical advice and guidance on the application of actuarial principles and tools to support business objectives, coaching and guiding less experienced members of the team
- To provide technical expertise to design technical solutions as part of change projects within M&G UK Finance Reporting where required.
Key Stakeholder Management
Internal
- Actuarial Valuation consolidation team
- Chief Actuary Team
External
- External Auditors
Knowledge, Skills, Experience & Educational Qualification
Knowledge & Skills:
- Confidence & excellent communication.
- Excellent technical actuarial knowledge, with attention to detail
- Motivated and willing to take responsibility and ownership of the work assigned
- Demonstrable experience of problem solving and providing practical solutions to complex problems
- Commercial aptitude and the ability to consider the impact of decisions
- Strong commercial and collaboration skills
- Ability to express own viewpoint and to communicate clearly on complex actuarial issues
Experience:
- 3-5 years of relevant Actuarial experience
Educational Qualification:
- Graduate in any discipline, preferably in Finance or management
- Studying for and making satisfactory progress with the Institute / Faculty exams as defined in the Mumbai Actuarial Study Support Policy
We have a diverse workforce and an inclusive culture at M&G Global Services, 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.
Skills Required
- 3-5 years of relevant actuarial experience
- Graduate degree in any discipline
- Progressing satisfactorily through Institute or Faculty actuarial examinations under the Mumbai Actuarial Study Support Policy
- Excellent technical actuarial knowledge and attention to detail
- Strong communication and collaboration skills
- Problem-solving experience involving complex actuarial issues
- Commercial aptitude and ability to assess business impacts
- Finance or management educational background
M&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&G and has not been reviewed or approved by M&G.
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Retirement Support — Pension support in the UK is presented as notably generous versus typical market norms and is positioned as a core part of total reward. Formal materials also highlight share plans and financial‑wellbeing tools alongside pension value.
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Leave & Time Off Breadth — Annual leave in the UK is described as substantially above statutory norms with the option to purchase additional days. Additional flexibility is referenced through policies such as “Time Off When You Need It.”
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Parental & Family Support — Parental policies (e.g., “Inspiring Families”) are characterized as extensive, including long fully paid leave and phased return‑to‑work support. External recognition is cited as reinforcing family support as a distinctive element of the package.
M&G Insights
What We Do
M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2023, we had £343.5 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our three distinct operating segments, Asset Management, Life and Wealth, work together to provide access to balanced, long-term investment and savings solutions.
