Senior Commercial 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)

Posted 6 months ago

Sorry, this job is now closed.

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

Location and flexible working: Edinburgh, Wythall (Birmingham) or Telford. All 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. You can read more about Phoenix Flex here.

Job Type: 12 Month Fixed Term

Closing Date: 29th July

Salary and benefits: Up to £75,000 dependent upon experience plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, income protection, 3x volunteering days and much more

Recruiter: Douglas Smith

We have an incredible opportunity as a Senior Commercial Manager to join our Product Simplification team as Phoenix starts its journey on a long-term programme of work to simplify our product estate and benefit both customers and shareholders

Who are we?

We want to be the best place that any of our 6,600 colleagues have ever worked.

We’re Phoenix Group, we’re a 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 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The role

Phoenix is starting its journey on a long-term programme of work to simplify our product estate and benefit both customers and shareholders.

You will be responsible for supporting the analysis of proposed product changes from a commercial perspective. Being involved in working with a range of stakeholders, including proposition owners and finance teams, to understand, model and propose new strategies for managing commercial pricing structures and profitability. You will support, review and challenge proposals on the pricing of new and existing products through the application of actuarial expertise or technical knowledge.

What We’re Looking For

  • Previous experience of working within the Pension and Savings industry with an extensive knowledge of the range of products offered
  • Proven experience of performing commercial calculations, including analysing complex, technical and numerical problems, providing practical solutions and implementing these with the project.
  • Strong numerical skills with experience in specifying and building commercial models
  • Ability to gather, analyse and interpret data to determine its impact on the profitability of new and existing products, applying actuarial or commercial techniques to model and assess situations
  • Ideally you will understand cash flows, actuarial modelling and the relative importance of elements within an actuarial context
  • Ability to think both creatively and strategically along with being able to collaborate across a variety of internal stakeholders throughout the business and across project workstreams

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.

We’re reviewing applications as they come in, so apply early to avoid missing out.

Find out more about #LifeAtPhoenix

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#LI-HYBRID

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Phoenix Groupthephoenixgroup.com

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
  • 🏖️
    Fri

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
  • Generous parental leave
  • Dentalcare
  • Equipment allowance
  • Life & Disability Insurance
  • Professional Development Budget
  • Mental Health Support

Desirable Skills and Experience

  • Pension & Savings
  • Commercial calculation
  • Numerical skills
  • Commercial modelling
  • Data analysis
  • Actuarial modelling
  • Strategic thinking
  • Stakeholder engagement

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