Actuarial Manager

We are recruiting for an Actuarial Manager in our With-Profits Management team - a role that combines people management and technical actuarial work.

Job Type: Permanent

Location and flexible working: Hybrid. This role could be based in any of our Wythall, Edinburgh, Telford or Hitchin offices, and could support working a number of days per week at home. 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:£55,000 - £80,000 plus 16% bonus up to 32%, 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 incredible opportunity to join us here at Phoenix Group as an Actuarial Manager in our With-Profits Management team.

Who are we?

We want to be the best place that any of our 6,800 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

The role

We are recruiting for an Actuarial Manager in our With-Profits Management team - a role that combines people management and technical actuarial work.

Reporting to the Head of With-Profits Production, you will line-manage 6-8 direct reports; contributing to the operation of the With-Profits Production team. You will have the opportunity to lead business-as-usual workstreams such as bonus reviews that are vital for safely managing our with-profits funds and ensuring our customers receive fair outcomes.

Alongside the managerial side of your role you will also have the opportunity to work alongside our With-Profits Technical Actuaries on a number of our with-profits funds. You will contribute to their effective management by leading or supporting investigations, projects and developments; proposing improvements to processes, controls and methodologies; and reviewing the outcomes of business-as-usual work such as bonus reviews. Senior stakeholders will include With-Profit actuaries and the With-Profit Committee.

The team is at a pivotal stage bringing together the management of different With-Profit funds with the possibility of finding opportunities to improve current methods and processes.
If you are interested in applying your managerial and actuarial expertise to help ensure the fair treatment of customers across our 22 with-profits funds, and have excellent organisation, communication and analytical skills, this may be the role for you.

What are we looking for?

You will be able to combine management and leadership skills with technical actuarial work.
You are likely to be a qualified actuary, or have experience working in actuarial teams. Experience of with-profits funds is not strictly necessary, your ability to work in a technical actuarial area will be more valued.
You may already have experience managing or leading teams though technical actuarial business-as-usual work, or be looking for your first managerial role.
You should be able to demonstrate leadership, planning and stakeholder management skills. Excellent communication skills mean you can communicate complex ideas with both senior leadership and more junior colleagues.

We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Find out more about #LifeAtPhoenix
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us

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