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M&G plc.
Mumbai, INDIA
(on-site)
Job Function
Financial
Actuarial - Manager (AMVC)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Actuarial - Manager (AMVC)
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.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.
M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G's ambition to be the best loved and most successful savings and investments company in the world.
Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. 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.
Job Title Manager
Grade 2C
Level Colleague
Manager/ Individual Contributor Individual contributor
Job Function Manager
Job Sub Function Valuations Capability
Reports to Assistant Vice President
Location Mumbai
Business Area M&G Global Services
Overall Job Purpose
The role offers the opportunity in PAC modelling team which would involve providing support to
automation projects for a wide range of Actuarial processes. The technical requirements of each
role will vary depending on the team the person is in, and will be reflected in her/his annual
objectives. The role would involve carrying out the tasks for the process to meet deliverables with an
acceptable standard of quality and within agreed timelines.
The role would cover projects spanning across technology-based actuarial areas like Liability
valuation systems, actuarial data and system reviews, finance transformation, automation, results
production as well as include short term support to BAU areas like model validation, results
production, risk scenario generation etc.
Delivery of high quality agreed project tasks to the stakeholder in a time bound fashion.
• Prepare and document simple models to clearly defined requirements.
• Carry out work to an agreed plan, producing deliverables in an agreed timescale
• Deliver outputs that are clearly defined in an agreed timescale, whilst working within established
frameworks and procedures.
• Apply relatively straightforward checks on data and output to aid analysis and provide feedback
to senior team member.
• Complete end to end testing of models developed to required standards.
• Maintain an 'audit trail' and version control to demonstrate the adequacy of the spreadsheet
controls for future enhancements to the product.
• Draft and maintain up-to-date, appropriate documentation and checklists for any processes that
are implemented.
Additional Responsibilities :
Problem Solving
• Undertake numerical analysis and manipulation using a range of systems and tools (Python,
Access, Advance Excel, VBA, Power BI etc.)
• Seek and act on opportunities to develop technical and business understanding.
• Suggest and support process improvement initiatives
•
Accountability
• Strong team player, with ability to work in a team or on a project
• Good level of interpersonal and networking skills, to develop effective working relationships with
team colleagues and internal/external business contacts.
• Work closely with colleagues at different geographical location, ensuring seamless
communications
• Liaise with development, business and systems support teams
• Ability to effectively influence colleagues
• Ability to plan and prioritise own workload
• Ability to deliver on multiple tasks to demanding timescales
• Communicate effectively with others, develop positive networks and working relationships
• Flexible approach to responsibilities, working hours, and willing to travel if required
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.
Job ID: 83080464
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Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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