About the Role
This role focuses on advancing quantitative and statistical modelling capabilities within the Actuarial Modelling & Valuations Capability team. It involves developing and enhancing models using advanced analytics like data science, machine learning, and proxy modelling. The position requires strong technical expertise, a focus on innovation, and leadership of a multi-skilled team, ensuring robust and scalable solutions aligned with business priorities.
Responsibilities
- Lead the development and enhancement of quantitative and statistical models, including proxy modelling techniques.
- Manage a multi-disciplinary team of actuaries, data scientists, and technical experts, fostering a collaborative and high-performing environment.
- Apply a range of analytical approaches, including data science and machine learning, to develop and enhance models, designing and implementing scalable modelling solutions to support valuation and reporting processes.
- Use artificial intelligence as part of the broader modelling toolkit to support innovation and efficiency.
- Provide technical leadership and guidance, supporting capability development and knowledge sharing.
- Drive strong stakeholder engagement, working closely with cross-functional teams to align priorities and deliver outcomes.
- Translate business requirements into robust and practical modelling approaches.
- Ensure all models meet governance, validation, and documentation standards.
- Identify opportunities to simplify, automate, and optimise modelling processes.
Requirements
- Strong expertise in quantitative and statistical modelling techniques.
- Experience with proxy modelling and a range of advanced analytical approaches.
- Experience in leading and developing multi-skilled technical teams.
- Understanding of data science, machine learning, and the practical application of AI within modelling.
- Strong stakeholder management skills, with the ability to influence and collaborate effectively.
- Ability to design, build, and maintain scalable and efficient modelling solutions.
- Strong understanding of model governance, validation, and controls.
- Ability to communicate complex technical concepts clearly to a range of stakeholders.
- A proactive approach to innovation, balanced with a focus on delivery, control, and quality.
Skills
- Quantitative and statistical modelling
- Proxy modelling techniques
- Leadership and team development
- Stakeholder engagement and influencing
- Machine learning and data science
- Awareness of artificial intelligence applications
- Programming and model development
- Critical thinking and structured problem solving
- Attention to detail and quality assurance
- Continuous improvement mindset
Benefits
- A valuable pension scheme of up to 18% (13% employer contributions and 5% employee contributions).
- Access to Share Save and Share Incentive Plan.
- Financial wellbeing and support services.
- 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
- Time Off When You Need It policy.
- Market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options.
About the Company
- At 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.
Equal Opportunity
- We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.
- At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.
- We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
- M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.
- We are committed to providing an inclusive recruitment process.
- All candidates have the opportunity to request reasonable adjustments when applying.
- If you need any additional support at any stage, please contact us at: careers@mandg.com
