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.
At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
Through our behaviours of 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.
The Role:
The role sits in the With-profits Capital Valuation Team, which oversees the end-to-end production and analysis of the capital requirements for PAC’s with-profits balance sheet. Responsible for the production of the capital models and the explanation of the capital requirements, working in this team will offer the opportunity to:
- develop a deep understanding of the management of the company’s with-profits balance sheet, including the significant book of with-profits business and its asset-liability management strategies;
- develop and deliver of complex actuarial models to support valuations, covering the modelling (and calibration) of both assets and liabilities;
- develop communications skills across a range of stakeholders across the business, ensuring that capital impacts are clearly explained and understood. In particular, working with colleagues in the Actuarial Consolidation team to ensure that the analysis of change in the capital requirements and risk margin are clearly explained and communicated to senior stakeholders;
- work with colleagues in the AM&V Business Development and the Investment Office to ensure that new propositions are accurately reflected into the reported results; and
- engage with colleagues involved in the oversight and review of the capital valuation processes in our Risk department and the Chief Actuary’s Team.
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 Capital 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.
- Mentoring-
- Provide support and guidance to junior members of the team
- Mentor new resources
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
- Significant practical experience applying actuarial principles and tools
- Experience producing, analyzing, and explaining capital requirements
- Experience developing complex actuarial models covering assets and liabilities
- Ability to provide technical advice and guidance to stakeholders
- Experience coaching or mentoring less experienced team members
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.
