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Proposition Actuary

4 weeks ago


Dublin, Ireland ENGINEERINGUK Full time

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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.

We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.

Proposition Actuary

Location: Dublin - you must be a resident of the Republic of Ireland to apply and have the right to work in ROI already in place.

Prudential International Assurance, part of the M&G group, is looking for an actuary to work in a dynamic and fast-paced proposition team.

The proposition team's main responsibilities are to:

  • Develop propositions ensuring that they meet the needs of the customer, provide value for money, whilst achieving the commercial ambitions of Prudential International.
  • Ensure current propositions (open and closed) continue to meet the needs of our customers and provide value for money.
  • Ensure all product-related regulatory change is executed in accordance with the regulations and within regulatory timelines.

The Proposition Actuary will work under the Head of Proposition and Product Pricing and take ownership of particular developments, providing leadership and guidance through the innovation, development, and execution stages. They will work closely with colleagues across the wider business to provide solutions allowing developments to reach the market in a timely fashion. The Proposition Actuary will also play a key role in ensuring that we exercise appropriate product oversight and support the wider operational teams.

By taking on the role of Proposition Actuary, you'll play a vital part in executing our purpose to help people manage and grow their savings and investments responsibly. If you're inspired by the opportunity and possess the necessary qualities, then we would love to hear from you.

As a Proposition Actuary, you will ideally have:
  • Nearly/newly qualified actuary, with commercial/product development/management exposure or an individual who is qualified by experience with a background in a Life Company.
  • Broad knowledge of life products, including Investment Bonds, markets, and competitors.
  • Practical working knowledge of the regulatory and legislative requirements relevant for financial product design and management, ideally for both European and UK markets.
  • Cross Border experience desirable but not essential.
  • Strong technical skills.
  • Experience of taking initiatives through internal governance, including working closely with Risk and Compliance functions.
  • A demonstrable ability to provide solutions to develop and implement strategic initiatives, product/customer-related regulations, and/or product launches.
  • Experience influencing a broad range of stakeholders from different functions.
  • Passion for the customer.
  • Effective written and presentation skills.
  • Strong work ethic, positive attitude, and team player.
  • Self-motivated with an ability to manage your time, multiple tasks, and meet deadlines.

Closing Date: 24 February 2025

Recruiter: Amy Curtis

#LI-AC1

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice, and support for the diverse communities our colleagues represent. 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.#J-18808-Ljbffr