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M&G plc.
Mumbai, INDIA
(on-site)
Posted
1 day ago
M&G plc.
Mumbai, INDIA
(on-site)
Job Function
Financial
Actuarial - Colleague - Manager - Liability Valuation Team
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Actuarial - Colleague - Manager - Liability Valuation Team
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
About M&G IndiaWe 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
- 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.
- To produce and be accountable for understanding and explaining the change in liabilities 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.
Internal
- Actuarial Valuation consolidation team
- Chief Actuary Team
- External Auditors
Knowledge & Skills:
- Confidence & excellent communication.
- Excellent technical actuarial knowledge, with attention to detail
- Motivated and willing to take responsibility and ownership of the work assigned
- Demonstrable experience of problem solving and providing practical solutions to complex problems
- Commercial aptitude and the ability to consider the impact of decisions
- Strong commercial and collaboration skills
- Ability to express own viewpoint and to communicate clearly on complex actuarial issues
- 3-5 years of relevant Actuarial experience
- Graduate in any discipline, preferably in Finance or management
- Studying for and making satisfactory progress with the Institute / Faculty exams as defined in the Mumbai Actuarial Study Support Policy
Job ID: 85977537
Median Salary
Net Salary per month
$795
Cost of Living Index
26/100
26
Median Apartment Rent in City Center
(1-3 Bedroom)
$648
-
$1,897
$1,273
Safety Index
56/100
56
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$32
-
$107
$60
High-Speed Internet
$6
-
$16
$9
Transportation
Gasoline
(1 gallon)
$4.24
Taxi Ride
(1 mile)
$0.51
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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