Job Description
Job Type: Permanent
Location: This role offers the flexibility to be based in any of our offices Edinburgh, Birmingham, or London. We encourage team members to spend at least one day per week in the office to support close collaboration.
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: 24th August
Salary and benefits: Between £90,000 - £100,000 plus an indicative bonus range of 30%-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Recruiter: Beth Wood
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
We're looking for a qualified actuary with extensive hands-on experience in developing and applying longevity models. You will be part of the longevity team, collaborating closely with our pricing team to develop robust models that support pricing across a diverse range of products—from individual annuities to large bulk purchase annuity (BPA) schemes. You will also provide input into setting assumptions for technical provisions and SCR calculations
What are we looking for?
The Skills And Experience Needed For This Role Include
- Deep expertise in longevity modelling – Proven ability to develop, refine, and challenge longevity and mortality models using actuarial and statistical techniques, particularly for pricing applications.
- Curious and forward-thinking mindset – Keeps a close eye on emerging trends in longevity science, demographic shifts, and innovations in mortality modelling and able to apply in a pricing context.
- Collaborative research approach – Works closely with internal teams, industry peers, and actuarial bodies to share insights and bring fresh thinking into modelling strategies.
- Strong analytical and technical acumen – Confident working with complex datasets and advanced modelling tools, with hands-on experience using statistical packages like R and Excel.
- Strategic influence – Plays a key role in shaping longevity assumptions and methodologies that support pricing, reserving, and risk management across the business.
- Effective communicator – Able to explain complex actuarial concepts clearly and confidently to both technical and non-technical audiences, with the ability to produce detailed technical documentation as well as accessible governance papers that support informed decision-making.
- Strong regulatory understanding – Solid grasp of Solvency II and other relevant reporting frameworks, with the ability to apply regulatory requirements to longevity modelling, risk management, and actuarial reporting.
- Adaptable and innovative – Embraces change and continuously looks for ways to enhance existing models and frameworks.
- Committed to professional development – Stays up to date with the latest research, publications, and thought leadership in the longevity and actuarial space.
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
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us
