# AVP - MIST at M&G

M&G is hiring an AVP - MIST in Mumbai, India. Level rates it Little AI ●○○○; you can [apply on M&G](https://jobsbylevel.com/go/918acf88-681c-486a-9f58-26cfd32b9304?utm_medium=ai-agent).

AI Level 1, AI centrality 10 out of 100. Mumbai.

## Details

- Company: [M&G](https://jobsbylevel.com/companies/m-g)
- AI level: AI Level 1 (score 10 out of 100)
- Location: Mumbai
- Posted: October 23, 2026
- Apply: https://jobsbylevel.com/go/918acf88-681c-486a-9f58-26cfd32b9304?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=avp-mist-at-m-g-249c91

## Prepare for this job

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## Description

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. Job Description Job Title Assistant Vice President – Actuarial Grade 2A Level Experience Colleague Manager/ Individual Contributor Both Job Function Model Implementation & Support Job Sub Function NA Reports to Vice President Location Mumbai Business Area M&G Global Services Overall Job Purpose At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Through our behaviours of 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. The Role: The Assistant Vice President in the Model Implementation & Support Team plays a pivotal role in the end-to-end lifecycle of actuarial model enhancements, from design and implementation to validation and impact assessment. The role involves understanding business requirements, developing changes in RAFM, and maintaining supporting tools such as the Assumption Management System and Unify. Assistant Vice President ensure robust model architecture, maintain detailed documentation, and drive process improvements. On the testing side, the Assistant Vice President validates model changes through functional and end-to-end testing, ensuring accuracy and consistency across the results production process. They assess the financial impact of changes on the balance sheet and P&L, perform reconciliations, and communicate findings to stakeholders. Defect identification, resolution, and retesting are key responsibilities, along with maintaining a thorough audit trail for governance and approvals. By combining technical modelling expertise with strong analytical and communication skills, the Assistant Vice President ensures that model changes are not only technically sound but also financially transparent and aligned with business objectives. Primary Key Responsibilities Core technical responsibilities for the role Model Development Model Testing - Liaise with model users, developers, and stakeholders to understand business requirements across both model development and operational components. - Translate business needs into technical specifications that align with the existing model architecture and operational framework. - Design, develop, and unit test enhancements to RAFM models, ensuring alignment with actuarial principles and business objectives. - Maintain a robust audit trail and comprehensive documentation for all model changes. - Develop and maintain the in-house Assumption Management System

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Source: https://jobsbylevel.com/jobs/avp-mist-at-m-g-249c91

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