Internal Audit Manager

Phoenix Group

Flexible working is a core part of our employee offering and it's advertised as standard on all our job adverts, including being open to part-time (e.g. 4 day week @ 80% salary)

Only considering candidates eligible to work in London + 2 more, UK ⚠️

Job Type:  Permanent

Location: London, Birmingham, Edinburgh/Hybrid, with normally a minimum of 2 days a week working in the office and the rest working at home. We believe that benefits both you and our business, helping ensure that you can balance a successful career with your life outside of work while maximising the value of face-to-face stakeholder engagement.

Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Closing Date:  12 June 2024; 23:59

Salary and benefits: from £70,000 per annum, 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 at Phoenix Group to join our Internal Audit Team for Europe as an Internal Audit Manager - Actuarial.

Who are we?

We want to be the best place that any of our colleagues have ever worked.

We’re the UK’s largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 business that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

About the Role

As an Internal Audit Manager, you will have the opportunity to make a real difference to Phoenix by challenging the effectiveness of the risk, governance and control environment. You will help provide influential insight through the work you deliver. You will manage your own portfolio of audits and ad-hoc projects over a variety of areas aligned to the group’s strategy and core customer purpose and execute each audit end to end to agreed timelines. You will also manage relationships with a wide range of stakeholders.

Working for a large organisation like Phoenix can seem daunting at first – fear not! Whilst this is an autonomous role, you will be a relevant and valued member of our team. We have a lean flat structure, and you will have the guidance and support from our management team. We work as a connected team across Group Internal Audit, which has a wide range of skills and experience for support.

What is in it for you?

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! This includes an attractive pension, annual bonus potential, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestyle flexible benefits.

We are a small team covering a wide remit, which means huge opportunities for your learning and growth.  You will:

  • Be part of an audit team who are well respected, trusted and relied upon by the Board to bring an independent view of the business and help influence positive outcomes.
  • Build your network across Phoenix and develop relationships with Senior Leadership.
  • Learn to think strategically to assess how business units and functions are working together and contributing to the Group Strategy.

And finally, you will be part of a truly collaborative, high performing and diverse team where people development is at the heart of what we do. We really want everyone to thrive and succeed.

What We’re Looking For

Personal Attributes and Skills

  • Resourceful and pragmatic people with the ability and adaptability to take on new responsibilities and challenges.
  • Great communication skills, with the ability to build and manage relationships, influence and think in unique and creative ways.
  • Confident stakeholder management, communication skills (both written and verbal English), able to build relationships and challenge the status quo at a senior level.
  • Proven experience of effectively adapting to complex and changing business environments.
  • A strong willingness to learn and contribute to the growth of the team.
  • Excellent planning, co-ordination and organisation skills, managing multiple priorities.

Qualifications & Experience

  • Past audit experience is not required, however this role leverages strong communication and stakeholder management skills.
  • Exam qualified actuary, or people qualified by experience currently working in a senior actuarial role in Lines 1, 2 or 3.
  • Previous exposure to the Life Insurance sector or broader Financial Services prudential regulation.
  • Whilst not essential, exposure to model risk management, model change and actuarial transformation would be an advantage.
  • Good regulatory awareness, understanding the impact of regulations on your portfolio.

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

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The UK's largest long-term savings and retirement business.

Working Week

Flexible working is a core part of our employee offering and it's advertised as standard on all our job adverts, including being open to part-time (e.g. 4 day week @ 80% salary)

  • Mon
  • Tue
  • Wed
  • Thu
  • 🏖️

Our Vacation Policy

We offer 38 days annual leave including bank holidays, with the option to buy 5 additional days.

  • 38 days PTO
  • 52 unpaid Fridays
  • 90 days off per year

Remote Working Policy

We offer hybrid work with options to work from various UK offices.

Company Benefits

  • Health insurance
  • 401(k) company contribution
  • Transparent Salaries
  • Flexible working hours
  • Generous parental leave
  • Dentalcare
  • Equipment allowance
  • Life & Disability Insurance
  • Professional Development Budget
  • Mental Health Support

Our Team

We're a team of 7.9k across 19 departments:

  • business development
  • finance
  • consulting
  • operations
  • human resources
  • information technology
  • engineering
  • media and commmunication
  • accounting
  • data science
  • support
  • +8 more teams

Desirable Skills and Experience

  • Communication skills
  • Stakeholder management
  • Organization skills
  • Adaptability
  • Strategic thinking

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