Associate Pricing Actuary

Associate Pricing Actuary

Looking to kick‑start or accelerate your actuarial career in a role that blends technical depth with real commercial impact? At M&G Life, we’re growing—and fast. Our Individual Life & Pensions division is entering an exciting new phase with major product launches on the horizon.

What You’ll Be Doing

• Produce new business pricing for Savings and Individual Annuity products.
• Own and deliver regular Management Information (MI) to track performance and inform decisions.
• Analyse experience and market data, contributing to pricing assumption reviews.
• Build and enhance models, improving pricing capability and efficiency.
• Support the implementation and testing of calculations within IT systems.
• Contribute to the development and launch of new products.
• Work closely with teams across Finance, Propositions, Investments, Risk, and external partners.

What We’re Looking For

• Student actuary or recent graduate with a strong academic background and a passion for actuarial work.
• Commercial mindset, interested in how pricing decisions drive customer value and business growth.
• Strong analytical and problem‑solving skills, with the ability to interpret complex datasets.
• Experience with data analysis, trends, and statistical techniques.
• Clear and confident communication skills, able to explain technical concepts to non‑specialists.
• A collaborative approach and eagerness to learn from cross‑functional teams.
• Proactive and adaptable, comfortable working in a fast‑paced environment.
• Desirable (but not essential): experience in pricing individual life products.
• Familiarity with Excel and VBA; exposure to Python or other programming tools.

Equal Employment Opportunity

M&G welcomes applications from candidates of all backgrounds. We are committed to diversity and inclusion, and we encourage individuals from diverse communities, including those with long‑term health conditions or disabilities. We also welcome applicants returning from military service or career breaks. M&G is a Disability Confident Leader. All qualified candidates will receive a tailored interviewing experience.