Job detail for Group Capital Management

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:

The Group Capital Manager supports the development and delivery of the Group’s capital, balance sheet and strategic objectives. Working across capital management, balance sheet management, liquidity and strategic projects, the role helps identify opportunities, creatively design solutions and coordinate actions that improve capital efficiency, financial resilience and shareholder value.

Operating at the intersection of Finance, Treasury, Risk, Actuarial, Investments and business leadership teams, the role requires an individual who can navigate organisational complexity, build alignment across stakeholders and translate strategy into practical delivery. The role provides broad exposure to business priorities, transactions and management actions, with opportunities to shape decision-making and contribute to the delivery of long-term strategic outcomes across the business.

Key :

Strategic Problem Solving and Solution Design

• Identify, assess and help solve complex capital, balance sheet and financial management challenges facing the business.
• Creatively design commercially pragmatic solutions that balance capital, liquidity, earnings, risk, regulatory and stakeholder considerations.
• Develop and evaluate strategic options, management actions, transactions and business initiatives, drawing together perspectives from across the organisation.
• Translate complex analytical issues into clear choices, recommendations, and practical delivery plans for senior decision-makers.

Capital, Balance Sheet and Financial Management

• Support monitoring and analysis of Group and legal entity capital, liquidity, earnings, distributable reserves and balance sheet performance.

• Provide forward-looking insight into key drivers, opportunities, constraints and emerging risks affecting financial resilience and strategic flexibility.

• Support capital planning, forecasting, stress testing and scenario analysis, including the identification and assessment of potential management actions.

• Assess the impact of investment strategy, asset allocation, hedging, collateral and capital actions on solvency, liquidity, earnings and shareholder value.

Strategic Projects and Business Initiatives

• Provide analytical, strategic and delivery support for transactions, reinsurance, business growth opportunities, capital optimisation and other material initiatives.
• Assess capital, liquidity, solvency, earnings, investment, policyholder and stakeholder implications of proposed actions or project options.
• Help shape project direction by developing options, testing assumptions and identifying solutions that support broader business strategy.
• Coordinate inputs, actions and governance across functions to support timely and effective implementation.

Governance and Senior Stakeholder Support

• Prepare high-quality analysis, papers and presentations for senior management, Executive Committees and Boards.
• Support engagement with regulators, rating agencies, investors and other key stakeholders where capital or balance sheet analysis is required.
• Ensure recommendations, decisions and actions are supported by appropriate governance, documentation, controls and audit trails.
• Contribute to the ongoing development of robust capital and balance sheet management frameworks, policies, reporting and management information.

Knowledge & Skills:

Essential

• Experience within life insurance, asset management, banking, consulting or another regulated financial services environment.

• Strong analytical and problem-solving capability, with the creativity to develop new approaches and practical solutions to complex challenges.

• Ability to think strategically while maintaining a strong focus on execution and delivery.

• Excellent stakeholder management and influencing skills across multiple functions and levels of seniority.

• Ability to navigate ambiguity and organisational complexity, build alignment and progress activity across organisational boundaries.

• Strong written and verbal communication skills, including the ability to explain complex concepts clearly to senior and non-technical audiences.

• Good understanding of capital management, liquidity, balance sheet management, financial risk or related financial disciplines.

• Sound judgement, commercial awareness and the ability to manage competing priorities in a dynamic environment.

Desirable

• Familiarity with Solvency UK, capital planning, stress testing, liquidity management, investment strategy, reinsurance, transactions or balance sheet optimisation.

Experience & Qualifications:

• Experience working on complex financial, strategic, regulatory or business initiatives where cross-functional coordination and stakeholder engagement were critical to success.
• Demonstrated ability to develop solutions, influence decision-making and support implementation of strategic outcomes.
• Experience preparing analysis, recommendations and materials for senior management, governance forums and executive stakeholders.
• Strong track record of delivering high-quality work and managing multiple priorities in a complex organisational environment.

Success Profile:

An intellectually curious and commercially minded individual who enjoys solving complex problems, connecting people and ideas, and helping the organisation turn strategy into action. The successful candidate will be comfortable operating across organisational boundaries, building relationships and influencing outcomes, with a focus on creatively designing practical solutions that create long-term value for the business.

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 application.

We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: careers@mandg.com