Sector
Valuation & Capital
Typical entry
2–3 papers
Analyst level
Actuarial team in India
Large
50 or more people
Open on S.MONK
2
roles today
Postings seen
14
since Aug 2026, last 27 Oct 2026

Evidence of actuarial hiring: Senior Analyst - Actuarial (capital modelling), Mumbai; Manager / Senior Manager Actuarial AMVC, Mumbai (source). Checked 10 Nov 2026.

About M&G Global Services

M&G plc is a UK savings, investment and retirement business based in London and listed on the London Stock Exchange. It was demerged from Prudential plc in 2019 and owns the Prudential brand in the UK, including the With-Profits fund, annuities and pensions business, plus the M&G asset management arm.

M&G Global Services Private Limited, formerly Prudential Global Services, operates M&G's capability centre in Powai, Mumbai. It has worked for the UK life business since 2003 and covers operations, technology, finance and actuarial work.

The actuarial teams are among the larger UK life teams in India. They do valuation, Solvency UK capital modelling, longevity analysis and product modelling on the RAFM platform for M&G's UK life and annuity book, including with-profits business. For students, this is a direct route into UK life actuarial work, with-profits and annuities, without leaving Mumbai.

Also known as: Prudential Global Services, 10FA India

What the actuarial team does

  • Valuation and reporting for UK life, annuity and with-profits business
  • Capital modelling under Solvency UK
  • Longevity and mortality analysis for annuity portfolios
  • Product modelling and model development in RAFM
  • IFRS 17 reporting support
  • Data and automation in Excel/VBA, SQL and Python

How students get in

M&G Global Services posts roles on mandg.com/careers and its own site (mandgglobalservices.com). Roles seen include Senior Analyst - Actuarial (capital modelling) and Manager / Senior Manager Actuarial in Mumbai. Analyst roles usually ask for a few papers and good Excel; senior analyst roles want more papers and UK life experience, but the exact count is not published. A named graduate programme, internships and exam-support terms are not published. Students should watch the careers pages for Mumbai analyst roles.

Roles this employer has advertised:

Analyst - ActuarialSenior Analyst - Actuarial (Capital Modelling)Manager - ActuarialSenior Manager - ActuarialActuarial Modeller (RAFM)

Open the careers page

Questions students ask

What papers does M&G Global Services ask for?

A fixed number is not published. Analyst roles usually want a few papers; senior roles want more plus UK life experience.

What does the actuarial team in Powai do?

Valuation, capital modelling, longevity analysis and RAFM product modelling for M&G's UK life, annuity and with-profits business.

Does M&G take freshers?

No named programme is published. Analyst roles appear on M&G's careers pages for Mumbai.

Open actuarial roles at M&G Global Services on S.MONK (2)

Senior Manager - Data Engineer, Methodology & Assumption (M&A Actuarial Policyholder Data Team)

Mumbai Full-time 2 Nov 2026

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Senior Manager - Data Analyst - Methodology & Assumption (M&A) - Actuarial Policyholder Data Team

Mumbai Full-time 21 Oct 2026

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