IFRSAnalysis Actuary

Position: IFRS17 Analysis Actuary
Location: City of Edinburgh

## IFRS
17 Analysis Actuary Apply:
Stirling:
Edinburgh:
Full time:
Posted Today:
End Date:
October 28, 2026 (13 days left to apply):
R20359

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.
** Accountabilities/Responsibilities
*** Analysis of IFRS engine outputs including calculation of operating / non-operating profit and analysis of change
* Analysis of the adjustments to the expected cashflows for IFRS 17 Engine run prepared by the IFRS 17 Production team
* Analysis and preparation of IFRS 17 adjustments to the engine output to be loaded to the Results Store
* Calculation of deferred tax impact of IFRS 17
* Preparation of the Actuarial note disclosures for the Financial Statements
* Support the analysis of change for the regulated insurance entities and produce reconciliations/inputs to support the commentary on the results for the Group board reports
* Support implementation of new accounting standards and delivery of other finance change projects
* Responsible for ensuring internal controls are effective, compliant, and timely with applicable standards and regulations including quarterly attestation of the RCSA and Internal Controls Framework ensuring effectiveness, timeliness and completeness
* Ensure compliance with current accounting standards and insurance procedures to maintain a robust financial control regime.
* Support external audit process and assist in responding to audit queries
* Collaborate effectively with colleagues and maintain effective working relationships with other teams across M&G Finance.
* Ad hoc tasks and participation in ad hoc projects to support continuous improvement and process enhancement
** Knowledge &

Skills:

*** Highly analytical and ability to use intuitive reasoning to solve problems
* Ability to communicate complex topics with other stakeholders
* Excellent attention to detail
* Maintain own professional competence
* Ability to build strong reliable relationships of trust with internal and external stakeholders
* Ability to work to tight deadlines
* Should be comfortable working as part of a team and capable of managing tasks independently
* Strong interest in automation and process improvements
* Ability to quickly adapt to new and evolving situations
*
* Experience:

*** Strong understanding of actuarial science including financial analysis of IFRS
17 for a Life Insurer
* IFRS 17 Life insurance experience
* Strong understanding of with-profits product complexities
* Proficient in the use of MS Excel, Word, Power Point
* Working knowledge of Power BI and Tagetik is advantageous
** Educational

Qualification:

*** An actuarial qualification (e.g., FIA, FFA) necessary
*
* What we offer:

** We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life**,
** and financially plan for the future.
** Our UK benefits include**:  
* A valuable
** pension scheme of up to 18%** (13% made up of employer contributions and 5% employee contributions).
* Access to our
** Share Save
** and
** Share Incentive Plan,
** alongside financial wellbeing and support services to help
** give you real confidence to put your money to work.
*** Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our
** Time Off When You Need It
** policy gives you the flexibility - to balance work and personal commitments.
* Our market-leading
** Inspiring Families
** policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
* Health & Protection cover includes
** Private Healthcare, Critical Illness cover
** and
** Life Assurance
** for you, with additional…