This role will include the below opportunities and responsibilities:
·Support the team in the production of longevity assumptions, both in the best estimate liabilities and the capital requirements
·Support the team in providing expert insight into emerging longevity trends
·To carry out and support longevity analysis, including undertaking the necessary technical investigations and research
·To carry out regular tasks essential to the monitoring of longevity assumptions, such as experience analysis and data quality reports
·Contribute to regular research on relevant longevity topics and present findings to the team.This will include areas such as medical developments and innovations relevant to the M&G annuitant population as well as awareness of the potential impacts from the COVID-19 pandemic on future mortality.
·Processes to be carried out with appropriate controls applied to minimise risks
·Demonstrate a positive risk and control culture through the active identification, assessment, monitoring and management of risks and controls
·To identify opportunities for improvements to processes and help in implementing any changes required
·Accountable for the technical accuracy of outputs and timely delivery of work
·Develop knowledge, skills and experience by working alongside experienced colleagues and participating in training sessions across the team.
·Communicate effectively with stakeholders across Finance, both written and oral
Key Knowledge, Skills & Experience
·Working towards actuarial fellowship or other relevant qualification
·Keeps up to date with Continued Professional Development requirements
·Knowledge of actuarial professional standards and codes
·Knowledge of life and pensions products, markets and competitors
·Knowledge of financial services regulatory and legislatory frameworks
·Awareness of longevity trends and factors impacting population mortality
·Ability to analyse data and interpret the output to understand mortality trends in portfolio data
·Proficient in the use of Microsoft tools including Excel and SQL, or other relevant packages
·Able to take responsibility and ownership of work
·Ability to identify opportunities to improve own performance
·Able to manage multiple pieces of work and plan time effectively and prioritise to ensure on time delivery
·Able to communicate complex technical output in a simple manner to a range of stakeholders
·Ability to express own viewpoint and contribute effectively to team discussions on technical longevity issues
·Ability to produce high quality technical work whilst operating within a well-controlled environment
·A keen learner who can quickly understand how to use new systems and processes
We live by four behaviours at M&G Global Services and we ask all our employees to:
1. Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
2. Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
3. Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
4. Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things