Actuarial Data Scientist - Manager (AMVC)

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.

Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About 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.

Responsibilities:

. Support process mapping and process mining activities to understand current‑state actuarial valuation processes, controls and data flows.

. Assist with documenting actuarial methodologies, business rules and data requirements in clear and structured formats.

. Contribute to re‑engineering efforts by identifying inefficiencies, recurring manual steps and opportunities for automation within the valuation lifecycle.

. Prepare and transform valuation input datasets using Python and Databricks under guidance from senior colleagues.

. Help build simple visualisations and valuation‑metric dashboards using Databricks Apps and Power BI.

. Use GitHub Copilot and Copilot 365 responsibly to support coding, documentation and analysis, validating outputs against actuarial and reporting requirements

. Follow established frameworks, guidelines and controls when delivering process or data changes.

. Collaborate closely with actuarial, finance and technology teams across India and the UK to support delivery of valuation transformation activities.

Maintain up-to-date knowledge of industry best practices and share knowledge with the team to enhance their skills and expertise.

Conduct real-time and historical transaction monitoring and flag potentially suspicious transactions.

Conduct level 1 transaction monitoring alert reviews and discounting.

Manages conflicts that may impact delivery

Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture

Identifies and anticipates need for changes to continuously improve quality and efficiency of output

Manages resources and risks using expert judgment, know-how and experience

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.