Actuary

We have a great opportunity to join us here at Phoenix Group as a Capital Reporting Actuary, leading a Partial Internal Model reporting team.

Capital Reporting Actuary, leading a Partial Internal Model reporting team

Salary: £60,000 to £80,000 plus bonus up to 32%, PMI, Pension, 38 days holiday

Location: West Midlands or Telford

Job Type: Permanent

We have a great opportunity to join us here at Phoenix Group as a Capital Reporting Actuary, leading a Partial Internal Model reporting team.

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

You will oversee regular production of partial internal model capital for one of the life companies within Phoenix, as well as producing estimates of balance sheet impacts for internal management reports and sensitivity analysis. You will need to provide expert knowledge to project teams to help them develop future capabilities, and engage with senior management to explain the results.

What are we looking for?

You will be a qualified actuary with experience using Solvency II internal models, understanding of the key items on a Solvency II balance sheet and the kinds of factors that can affect them. Knowledge of IFRS would also be useful.
You will be a strong communicator, both in engaging with colleagues across other teams to understand drivers from outside and inside the business which impact the financial results, and in being able to talk senior management through the outcomes.

You will have the skills needed to manage a small team, supervising their work and actively engaging with their development. You will have the organisational skills and willingness to lead the team through tight regular deadlines.

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
About Us

Phoenix Group is a member of the FTSE 100 index and is the UK's largest long-term savings and retirement business. We specialise in the acquisition and management of Heritage life insurance and pension funds. We've businesses in the UK, Germany and Ireland and hold a broad range of both Heritage and Open products split across three key business segments: UK Heritage, UK Open and Europe.

Our open business manufactures and underwrites new products and policies to support people saving for their future in areas such as workplace pensions and SIPPs, primary under the Standard Life brand. And we market corporate pension trustee services and manufacture products to be sold under other brands. Did you know Phoenix Life manufactures SunLife's market leading Guaranteed Over 50's plan? Find out more about Phoenix Group here.

We value diversity in our workforce and welcome enquiries from everyone.
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