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.
1. IFRS 17 Production:
o Generating the input files for the IFRS17 engine along with the data checks and reconciliation of actual and expected cashflows.
o IFRS17 Reference Data Management and the production of the IFRS17 engine for RA and CSM result generation.
2. Result Analysis and Commentary:
o Interpret and make sense of the results produced from the IFRS 17 engine, analyse movements in individual line items for different products, including annuities, with-profit and other shareholder products.
o Provide commentary on changes from previous reporting periods, highlighting significant trends and anomalies.
3. Presentation and Communication:
o Present technical concepts and findings to senior management clearly and concisely.
o Ensure all communications are tailored to the audience, facilitating understanding and informed decision-making.
4. Stakeholder Interaction:
o Engage with key stakeholders to understand reporting requirements and deliver results accordingly.
o Build and maintain strong relationships with stakeholders to ensure effective communication.
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
- Expert knowledge of IFRS 17 accounting standard and IFRS17 engine production
- Experience generating IFRS17 input files, performing data checks and reconciling actual vs expected cashflows
- Experience with IFRS17 reference data management and producing RA and CSM results
- Ability to interpret and analyze IFRS17 results for multiple products including annuities and with-profit
- Strong presentation skills to communicate technical findings to senior management
- Proven stakeholder engagement and relationship management to deliver reporting requirements
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.
-
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.
-
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.”
-
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.
