Project Asset Actuary

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 Wythall or Edinburgh, UK ⚠️

Closing date: 24st May 2024

Location: This role could be based in either our Wythall or Edinburgh office.  We are happy to discuss your ideal balance of days in the office and working from home balancing this with business requirements during the recruitment process.

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.

Salary and benefits: £65,000 - £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 a  Project Actuary to join our Actuarial Development 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

As a Project Actuary you will support various asset/investment project-related change activities within the Actuarial Reporting and Change area.  Situated in the Actuarial Development team, you will undertake an interesting and varied range of work supporting the delivery of business and regulatory change within the models, systems and processes operated by Actuarial Reporting and Change.

You will work collaboratively with colleagues and senior stakeholders across a wide range of teams in Phoenix to provide vital insight to support strategic decision-making.  You will also work collaboratively with various change projects, both at the mobilisation stage to support projects in setting up scope and delivery plans, all the way through to the delivery stage and Business Readiness activity.

What are we looking for?

We are looking for a qualified actuary with a proven track-record of delivering change in a commercial environment.

Knowledge of assets/investments commonly used to back life insurance liabilities would be very beneficial, including practical experience of the workings of Matching Adjustment portfolios. Working knowledge of financial reporting metrics, including SII and IFRS is desirable.

Someone who is keen to learn quickly in a changing environment having, and enjoys driving continuous improvement will fit well with the role.

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




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

  • Actuarial experience
  • Commercial environment
  • Financial reporting
  • Knowledge of investments
  • Regulatory change
  • Modeling systems
  • Stakeholder collaboration

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