Audit Manager Actuarial - M&G plc.

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

To manage individual audit assignments and execute audit assignment work as required within the Finance Audit Team.

To execute all audit work with objectivity and independence from the business area, executive management and risk management

To deliver audit outputs at the necessary level of quality to satisfy internal requirements and external expectations

Key Responsibilities

Overseeing and taking responsibility for the work delegated to and performed by team members.

Taking responsibility for the identification of, and request for, information needed to help identify key risks, key controls and scope areas.

Taking responsibility for the design and performance of audit testing across different business/operational areas.

Performing and/or overseeing audit testing across different business/operational areas.

Producing and reviewing audit files and working papers to ensure that they are of a consistently high standard in accordance with the requirements of the Internal Audit Standards Manual for all work performed under your responsibility

Leading and/or supporting in the discussion of the results of audit testing and any resultant observations with stakeholders

Ensuring that affected stakeholders are informed about the scope and purpose of the audit and all aspects of the audit timeline at the onset of the assignment and kept appraised of progress as the assignment progresses.

Actively participate in any Audit Community to which you belong

Experience

Experience of influencing and negotiation at all levels of the organisation, strong awareness of when to escalate audit issues upwards to more senior members of the audit team

Experience of influencing others and building strong relationships across the business

Significant experience of a broad range of audit frameworks and approaches, covering financial and non-financial risk

Experience of assessing, reacting quickly and decisively to problems once identified, taking tough decisions where needed

Experience of working closely with senior management, actuaries and Audit Committees to understand and deliver against expectations

Some experience of contributing to the development of business audit plans to ensure all major risks an area / BU faces are covered

Experience of acting as a technical coach / mentor to less experienced members of an audit team

Some experience of leading more junior auditors on complex and large assignments

Experience of using actuarial understanding linked with finance knowledge to support decision making.

Knowledge

Detailed knowledge of professional standards and codes relating to the actuarial specialism.

Relevant professional qualification (e.g. Actuary, or part qualified actuary) with significant relevant actuarial experience

Detailed level knowledge of life and pensions products, markets and competitors•

Good knowledge of actuarial modelling and financial reporting Detailed knowledge of audit tools, techniques and industry best practice

Detailed level knowledge of the UK Financial Services sector, including regulatory, governance and risk management rules and regulations relevant to financial and non-financial risk

Detailed knowledge of M&G products, systems and distribution methods

Personal attributes

Ability to build relationships with and understand the business whilst retaining complete independence as an auditor

Strong personal presence and resilience

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 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 appl