Phoenix Group

Actuarial Analyst

Phoenix Group
Edinburgh / West Midlands
£45000 - £50000 per annum + Up to 16% bonus, PMI, 38 days holiday
23 Jan 2023
13 Feb 2023
The Phoenix Group
Approved employers
Approved employer
Contract type
Full time
Experience level
Part qualified

We have an exciting opportunity for an Actuarial Analyst to join our With-Profits Production team in the Heritage, Financial Reporting Centre part of our business.

Job Type: Permanent
Salary: up to £50,000 + 8% bonus on track (up to 16% potential) plus healthcare, 38 days holiday, pension and flexible benefits

We have an exciting opportunity for an Actuarial Analyst to join our With-Profits Production team in the Heritage, Financial Reporting Centre part of our business.

Who are we?

We want to be the best place that any of our colleagues have ever worked.
We are the UK's largest long-term savings and retirement business with c.13 million customers and c.£300 billion of assets under administration. As a market leader and FTSE100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities. We are tackling key environmental and social issues such as transitioning our portfolio to net zero by 2050 - but we're not done yet.
We've seen huge growth and change, and this means there is enormous opportunity for our 7,000 colleagues to grow alongside us.

Flexible working

You can expect to work in a hybrid manner with time spent working in the office and at home. We believe that work/life balance offers benefits for customers as well as ensuring that you can balance a successful career with your life outside of work. We will discuss flexibility, what is important to you and balancing this with business requirements during the recruitment process.

We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and safe at work, and are proud to be an equal opportunity employer. Everyone is valued at Phoenix regardless of age, gender identity, neurodiversity, race, disability, sexual orientation, religion, ethnicity, socioeconomic background or anything else. Whether it's joining one of our internal employee networks, being an ally, taking positive action or simply being there to listen, everyone at Phoenix is valued and respected.

If you need any help or adjustments to the recruitment process due to health, disability or anything else, please let us know so we can help you to be the best version of yourself.

The role

As one of the UK's Top Employers we've brought together businesses with long, successful histories and many strengths. More than ever, people need help and guidance from a company which is simple to deal with and who they trust. And that's where you come in.
We have an exciting opportunity for an Actuarial Analyst to join our With-Profits Production team, working with actuaries and other analysts across a number of our With-Profits funds.
You may be at the start of your career, looking for a career change, or already working in a technical actuarial role and looking for a new challenge.

This is an ideal opportunity to develop and progress in a technical role whilst helping to ensure the fair treatment of our With-Profits policyholders. If you are interested in applying your analytical and communication skills to help ensure the fair treatment of customers across our 22 with-profits funds, and have excellent communication and analytical skills, this may be the job for you.

You will be responsible for providing the necessary support for the With-Profits Actuaries to carry out their duties, focusing on delivering annual bonus rates, final bonus rates, surrender value factors, market value adjustments and other technical BAU work on time and to a high standard. You will also have opportunities to contribute to project and development work.

What are we looking for?

We are looking for a numerate and analytical person, with a questioning attitude and a desire to understand what's going on behind the numbers, and able to communicate technical messages in a way that's easy for others to understand. You will be able to work in a team, and prioritise your own work effectively. You will be familiar with Microsoft Excel, and ready to apply your skills to new challenges.

Ideally you will have a degree in actuarial science, mathematics or a related numerate discipline; having said that, all good applicants with other backgrounds will be considered on their merits.
A basic understanding of relevant actuarial technical concepts and With-Profits products would be useful, but not essential as there will be plenty of support from your colleagues and opportunities to learn as you pick up the role.

Why choose us?

Bring your 'whole self', skills and dedication to the Phoenix Group and we'll recognise your effort, support your development and help to drive your ambition. We'll ensure you're rewarded for your contribution with a competitive package that includes an attractive pension, annual bonus potential, private medical insurance, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestyle flexible benefits.

Sound good? If you are ready to help us make Phoenix the best place you've ever worked, we'd love to hear from you.


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