Lead Project Review Actuary

We have an excellent opportunity to join us here at Phoenix Group as a Senior Project Actuary in our Actuarial Reporting and Change department to lead on a large policy administration data migration project

Job Title: Lead Project Review Actuary

Job Type: Permanent

Location and flexible working: This is a hybrid role that could be based in either our Wythall or Edinburgh offices. We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.

Salary and benefits: £80,000 - £100,000 plus 30% bonus up to 60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

We have an excellent opportunity to join us here at Phoenix Group as a Senior Project Actuary in our Actuarial Reporting and Change department to lead on a large policy administration data migration project. Based in the Actuarial Development team you will provide Valuations support to the data migration and lead on readiness activity across the E2E actuarial reporting process, covering systems delivery and balance sheet impacts.

You will take a leadership role, working closely with senior stakeholders across both Phoenix's Open and Heritage divisions and will play a key role in supporting Phoenix's strategic objectives to achieving the best possible outcomes for our customers. As a senior project actuary, you will also lead other internal and external project actuaries and analysts and support the development of aligned internal colleagues.

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.

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 a Senior Project Actuary in our Actuarial Development team you will act as the actuarial lead on the valuation activity required to support the policy administration data migration project and represent finance interests and views. You will provide actuarial support to the data migration and lead on readiness activity across the E2E actuarial reporting process, covering systems delivery and balance sheet impacts.

You will take a leadership role, working closely with senior stakeholders across both Phoenix's Open and Heritage divisions and will play a key role in supporting Phoenix's strategic objectives to achieving the best possible outcomes for our customers. As a senior project actuary, you will also lead other internal and external project actuaries and analysts and support the development of aligned internal colleagues.

As the valuations lead for the project you will be expected to -

- Act as the actuarial lead representing finance interests and views
- help oversee planning of the project to ensure project timescales are met
- understand the financial impacts of the migration giving quality assurance to senior stakeholders within Finance
- Deliver testing and business readiness to support the smooth handover to production BAU teams

What are we looking for?

We are looking for an experienced qualified actuary with more than 5 years port-qualified experience and a string track record of delivery in a commercial environment. Someone who is keen to learn quickly in a changing environment, knowledge of financial reporting metrics, including SII and IFRS is highly desirable, as is experience of working in actuarial change delivery.

You will have an ability to build strong relationships and drive action through influence and leadership across boundaries, combined with experience and ability to influence and communicate effectively with executives at the business leadership level, as well as with SMEs across the business.

Knowledge of how new savings and retirement products are developed and the key actuarial considerations for a life insurer's balance sheet is highly desirable, as is an understanding of how actuarial models, accounting systems and data infrastructure interact.

As a Senior Leader in our business, development of our team is also critical, therefore experience leading teams and individuals - both directly and in matrix environments - while also helping them develop to achieve their potential is also very important for this 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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