Senior Trainee Actuary

Job Type: Permanent

Location: This role could be based in either our Wythall or Edinburgh offices with  hybrid working, spending 50% of time working in the office.

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. You can read more about Phoenix Flex here.

Closing Date: 1st June

Salary and benefits: £40,000 - £50,000 plus 8% bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more. Support with your actuarial exams will be offered in line with our central Actuarial Study scheme.

Recruiter: Tim Singh

We have an incredible opportunity to join our Actuarial Reporting Projects team as a Senior Actuarial Trainee.

Who are we?

We want to be the best place that any of our 6,600 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 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The role

This is an excellent opportunity for a senior actuarial trainee to develop their career.  You will support the Actuarial Change team in the testing and delivery of a range of change projects from implementing regulatory change, Internal Model changes, data migrations, business migrations and much more.

You will be supporting the Project Actuary to develop a plan starting from business requirements and ending in delivery of the change.  In doing so you will need to understand the change, how it will be implemented and what testing is needed.  You will also carry out the initial testing and communicate results to stakeholders.

You will be expected to continually look to enhance processes and procedures to deliver to the quality and timescales required by key stakeholders around the business.

You will closely collaborate with a wide range of teams and colleagues across the business and have opportunity for growth, stretch and responsibility to really make a difference at the Phoenix Group.

What are we looking for?

Essential:

You are someone part-way through their journey to qualification in their actuarial career with a strong track record of exam progress..  You will have strong analytical and quantitative abilities, as well as strong problem-solving abilities.  You are able to demonstrate good communication skills (verbally and written).

Desirable:

You will ideally have working experience in standardised reporting processes with an ability to manage a range of stakeholders.  You will also be able to demonstrate a good understanding of the Solvency II reporting and/or IFRS reporting.  A good understanding of actuarial processes and control frameworks as well as experience of working on actuarial change delivery of new models, processes and systems would be ideal.

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.

Please note that we reserve the right to remove adverts earlier than the advertised closing date. We encourage you to apply at the earliest opportunity.

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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