Quant jobs / M&G plc.

Manager Heavy Model Development - MIST

M&G’s actuarial developer enhances life-insurance valuation models. The role tests model changes and explains their balance-sheet and profit implications.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Develop and test actuarial-model changes.
Reconcile valuation results.
Improve assumption and validation tools.

What they ask for

Required

Life-insurance modelling
IFRS 17 and Solvency II
Actuarial formulae
Model coding
CM1 examination

Preferred

VBA, Python or SQL
UK life-insurance regulations

Education: Graduate or master’s study, actuarial progress and CM1 pass requested.
Experience: Relevant actuarial-software experience; no minimum years given.
Languages and tools: Excel
VBA
Python
SSIS
SQL

How to prepare

Reconcile an actuarial-model change.
Test assumption sensitivities.
Automate valuation regression tests.

What to study

The Risk Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on M&G plc.’s site before applying: requirements, location and pay can change after we check them.

View the posting on M&G plc.’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with M&G plc. and doesn’t handle applications.