Head of Insurance Analysis
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.
Responsibilities
Knowledge & Skills:
Experience:
Educational Qualification:
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:
To explore more about life at M&G and our full benefits offering, visit Life at M&G
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. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
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
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.
Responsibilities
- Overall management and oversight of the entire Reporting Analysis team covering IFRS, UK GAAP, Capital generation and Solvency II results analysis for regulated insurance entities, providing leadership and direction
- Overall responsibility for oversight, review and challenge of the analysis of profit/ analysis of change for all insurance regulated entities and the commentary to the Board
- Overall responsibility for the high quality analysis and review of the insurance regulated entities contribution to IFRS Group results ensuring all reporting and disclosure requirements are met
- Ensure compliance of results produced with latest applicable accounting and actuarial standards and regulations and M&G's application of this in its methodology
- Responsible for analysis of any financial reporting results and associated MI to support regulated insurance entity reporting including liaison with Investor Relations
- Management and oversight of the Insurance Reporting Analysis team, ensuring that Reporting Analysis team members have appropriate skills, technology, training and experience to enable the team to fulfil their roles and to continue to develop and grow along with the business
- 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
- Manage and support external audit process for areas of responsibility, addressing specific audit queries raised, supporting the development of statutory audit committee reports and demonstrating influence in these interactions.
- Support regulated insurance entity board and audit committee financial reporting production
- Keep up to date with the latest accounting and regulatory developments
- Provide support to business growth or developmental initiatives
Knowledge & Skills:
- An ability to interpret financial information to identify key issues based on this information and to put in place appropriate controls and measures to respond to business and regulatory requirements
- An ability to identify, assess, monitor, control and mitigate financial risks to the insurance business unit and the Group
- Experience of managing a team of a large, complex financial services/insurance business and manage performance effectively
- An ability to assess the effectiveness of the arrangements to deliver effective governance, oversight, risk management and a robust control environment across the finance function and the wider business
- An awareness and understanding of the evolving regulatory framework in which M&G plc operates
- Possess both a strong attention to detail and a bigger picture mind-set
- Ability to build strong relationships at all levels across the business, flex interpersonal style accordingly and influence others effectively
- Inspirational manager capable of maintaining a high-performing team
- Openness to innovation and to encourage creativity in the team
- Ability to quickly adapt to new and evolving situations
Experience:
- Highly experienced in Life Insurance financial analysis under IFRS, Solvency II including capital generation and UK GAAP
- Strong understanding of with-profits product complexities
- Excellent technical knowledge, with strong attention to detail
- Ensures successful implementation of defined strategy and owns end-to-end analysis processes
- Balances competing requirements to deliver a balanced set of results, resolving significant or priority conflicts
- Drives incremental and transformational change in response to experience of business needs and manage continuous improvements in processes and outputs
- Proficient in the use of MS Excel, Word, PowerPoint
Educational Qualification:
- An accounting qualification (e.g. CA, ACA, ACCA) necessary
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 family options - for peace of mind.
To explore more about life at M&G and our full benefits offering, visit Life at M&G
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. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
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
Job ID R19933
M&G is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutio...
More Jobs From M&G plc.
M&G plc.
Stirling, United Kingdom
M&G plc.
Stirling, United Kingdom
M&G plc.
Edinburgh, United Kingdom
M&G plc.
Edinburgh, United Kingdom
Boost your career
Find thousands of job opportunities by signing up to eFinancialCareers today.More Jobs Like This