Actuarial Modelling Manager

We have an incredible opportunity to join us here at Phoenix Group as an Actuarial Modelling Manager within the Actuarial Services Team.

Job Title: Actuarial Modelling Manager
Job Type: Permanent
Salary: Up to £55,000 base plus bonus potential of 16-32%

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.£310 billion of assets under administration. As a market leader and FTSE 100 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 8,000 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

We are recruiting for an Actuarial Modelling Manager to join our Actuarial Reporting Team to provide a professional service applying actuarial, technical & business knowledge to support the delivery of informed & effective decision making in order to deliver the company strategy.

This position is a key management role within the Actuarial Services Team overseeing the completion of MG-ALFA cloud model runs for BAU reporting and project testing, as well as other associated IDM processes. The role will work closely with the Model Run Performance Manager and a number of stakeholders across Actuarial Review, Validation and Project teams to ensure run requirements are understood and meet the needs of the customer.

The role will manage a small number of specialist SMEs overseeing the running of our MG-ALFA modelling platform. Key responsibilities will include you owning the delivery of these model runs for a range of valuation reporting needs. This will include quarterly reporting, additional sensitivities and supporting projects where required. You will also take ownership of the control framework within the team ensuring all processes and analysis meets the Risk Management Framework. You will be required to regularly work to defined and tight timescales whilst maintaining professional standards and will need to balance business demand, issues and risks by applying sound judgement in complex scenarios, often with considerable uncertainty. You will be expected to continually look to enhance processes and procedures to deliver effective solutions for the business, and apply commercial understanding of the business to ensure financial, business and actuarial advice is aligned with the business needs. You will also be required to lead, develop, coach and mentor actuarial trainees and analysts as required to maximise their contribution and ensure they are fairly rewarded.

What are we looking for?

We would like you to have knowledge of actuarial reporting concepts and key reporting metrics, with prior experience of working within a Finance or Actuarial department. It isn't essential for you to be a Qualified Actuary however you will need an Undergraduate Degree (or equivalent). Prior experience working with MG-ALFA or similar modelling platforms is preferable but by no means essential. You will also need to have experience of managing a team and have the ability to work collaboratively to build virtual teams to deliver challenging goals under time pressure. For this, you will need strong communication and stakeholder management skills.

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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