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
Overall Leadership
- Representative of the Director of Internal reporting COE in the location responsible who is managing a team of 60+ comprising the India team
- Capable of taking on and transforming tasks of finance-wide importance
- Ensure understanding and adherence to the Group’s Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.
- Ensure the Functions DEI policy objectives are fully met
- Responsible for driving local entity agenda on People, Process and Risk & Controls
Process Ownership
- Own and deliver the support for Global process / COE (Performance Management & Cost), accountable for the Functional delivery
- For the “owned” processes, ensure the timely and high-quality delivery of all outputs from India. Partner with Finance teams, provide analytics to support decision making
- Identify opportunities to re-engineer processes, reorganise or absorb work, to constantly improve the service such that efficiency continues to improve, whilst keeping within budget.
- Ensure robust and up-to-date documentation of processes, key controls and testing of those controls. Create and maintain suite of KPI's that provide a baseline of performance.
- Continually challenge the status quo and drive a continuous cycle of improvement and assessment of services required, clearly demonstrating transformation improvements equivalent to 5% efficiency YoY.
Finance Transformation
- Create a culture of continuous improvement, streamline and automate processes.
- Develop capability in the India location to supplement existing skills to do more with less
- Work closely with IT (itself based in India) to drive the company’s simplification agenda
Knowledge, Skills, Experience & Educational Qualification
Key requirements – Experience
- Seasoned professional with a deep understanding of the Finance function, especially cost management, control governance, headcount management & audit management. Operating in an environment of delivery of cost transformation, with experience in rationalisation and automation
- Relevant experience in Finance Services and providing services globally, preferably in a GCC set up
- Ability to simplify work processes, adapt and champion change, deliver results and inspire others in a fast-paced, agile and transforming work environment
- Excellent communication ability, both verbal and written
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
- Proven experience leading large finance teams (60+)
- Deep understanding of finance function including cost management, control governance, headcount and audit management
- Experience delivering cost transformation, rationalisation and automation
- Experience in finance services providing global/shared services (preferably GCC/Global Capability Center)
- Ability to simplify work processes, drive change and continuous improvement
- Proven experience in process documentation, controls, testing and KPI development
- Experience partnering with IT to drive simplification and automation agendas
- Excellent verbal and written communication skills
- Experience managing people, DEI objectives, and local entity people/process/risk agendas
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.
