Reed

Head of Insurance Analysis - M&G plc.

eFinancialCareers
Edinburgh, UK
about 11 hours ago

Skills & Technologies

PowerPointExcelRisk ManagementStrategyAccountingFinancial AnalysisFinancial ReportingAuditGAAPIFRSACAACCAAsset ManagementComplianceRegulatoryExternal AuditImplementationBenefitsTrainingPLC

Job Description

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 also offer work place accommodations to ensure you have what you need to effectively deliver 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

What we offer

At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% , with 13% made up of Employer Contributions and 5% Employee Contributions . We also offer Share Save and our Share Incentive Plan , together with access to 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 5 extra days and additional flexibility through our Time Off When You Need It policy - to balance your work and personal commitments.

Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people.

Company & Role Analysis

JobSeeker+
Likely perks
Private MedicalPension25+ Days HolidayStock OptionsLearning BudgetFlexible Hours
Culture & working style

Neutral 2–4 sentence summary of what working at this company is like, drawn from public reviews and press coverage. Tone, collaboration style, pace, benefits highlights.

Market salary range

£45,000 – £60,000 (Glassdoor, Levels.fyi, 2025)

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