Job Description
Job Type:Fixed Term Contract until 30th June 2026
Location: This role could be based in our Birmingham, Telford or Edinburgh offices with time spent working in the office and at home. There will be a requirement to attend a monthly anchor day in the Birmingham 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:Friday 28th November
Salary and benefits: £65,000 - £70,000 per annum (dependent on experience) plus an indicatve bonus range of 16% - 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
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
The Capital Support team within Actuarial Services provide first line review of modelled and manual output of all production runs in a valuation and in our yearly cycle ahead of delivery into the Actuarial Review Teams. The role will provide technical expertise within the team working closely with the Review Actuaries and Change Actuaries. We are looking for someone who can understand and improve on existing processes alongside valuation deliverables and can work with Projects to safely deliver new/changed processes into BAU. This is an excellent opportunity for a newly qualified actuary looking to utilise their acquired skills and expand their experience in a reporting team.
You Will Be Responsible For
- Deliver and analyse actuarial calculations (modelled and manual) for valuation reporting, ensuring robust controls and quality assurance.
- Lead process improvements by identifying issues, collaborating across teams, and implementing effective solutions.
- Apply actuarial judgement to resolve valuation issues, balancing materiality, operational needs, and business risks.
- Provide leadership and expertise in strategic projects, resource planning, and cross-divisional initiatives.
- Communicate effectively with both technical and non-technical audiences, while continuously enhancing processes and maintaining high professional standards.
What are we looking for?
- New qualified actuary or working towards completing your final exams with experience in finance/actuarial reporting functions, experience in With Profit and Non-Profit business and knowledge of key reporting metrics (Solvency II, IFRS17).
- Analytical and process-focused, with a questioning mindset and proven ability to improve and streamline actuarial processes.
- Effective communicator and team player, able to convey complex technical concepts to both technical and non-technical audiences.
- Accountable and delivery-driven, with strong prioritisation skills and the ability to manage issues proactively under pressure.
- Technical proficiency, including solid IT skills (Excel, Word, Outlook, MS Teams), with working knowledge of VBA.
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
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us
