Group Capital Management

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. 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.

The Role:

The Group Capital Manager supports the development and delivery of the Group’s capital, balance sheet and strategic objectives. Working across capital management, balance sheet management, liquidity and strategic projects, the role helps identify opportunities, creatively design solutions and coordinate actions that improve capital efficiency, financial resilience and shareholder value. Operating at the intersection of Finance, Treasury, Risk, Actuarial, Investments and business leadership teams, the role requires an individual who can navigate organisational complexity, build alignment across stakeholders and translate strategy into practical delivery.

The role provides broad exposure to business priorities, transactions and management actions, with opportunities to shape decision‑making and contribute to the delivery of long‑term strategic outcomes across the business.

Strategic Problem Solving and Solution Design Identify, assess and help solve complex capital, balance sheet and financial management challenges facing the business. Creatively design commercially pragmatic solutions that balance capital, liquidity, earnings, risk, regulatory and stakeholder considerations. Develop and evaluate strategic options, management actions, transactions and business initiatives, drawing together perspectives from across the organisation. Translate complex analytical issues into clear choices, recommendations, and practical delivery plans for senior decision‑makers.

Support monitoring and analysis of Group and legal entity capital, liquidity, earnings, distributable reserves and balance sheet performance. Provide forward‑looking insight into key drivers, opportunities, constraints and emerging risks affecting financial resilience and strategic flexibility. Support capital planning, forecasting, stress testing and scenario analysis, including the identification and assessment of potential management actions. Assess the impact of investment strategy, asset allocation, hedging, collateral and capital actions on solvency, liquidity, earnings and shareholder value.

Provide analytical, strategic and delivery support for transactions, reinsurance, business growth opportunities, capital optimisation and other material initiatives. Assess capital, liquidity, solvency, earnings, investment, policyholder and stakeholder implications of proposed actions or project options. Help shape project direction by developing options, testing assumptions and identifying solutions that support broader business strategy. Coordinate inputs, actions and governance across functions to support timely and effective implementation.

Prepare high‑quality analysis, papers and presentations for senior management, Executive Committees and Boards. Support engagement with regulators, rating agencies, investors and…