Salarioo

Job Type: FTC – 6 months

Location: This role could be based in either our Wythall or Edinburgh offices with time spent working in the office and at home.

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 November

Salary and benefits: £40,000 - £55,000 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

Recruiter: Tim Singh

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.

We have an incredible opportunity to join our Retirement Solutions Balance Sheet team as a Senior Actuarial Technician to join

The role

You will form part of the newly developed balance sheet team in Open Actuarial Reporting and Change. The team is responsible for the production of a regular Profit & Loss statements focussing on recently acquired Bulk Purchase Annuity business.

In this role you will be expected to take a key role on the regular production of these figures, You will then be responsible for handing over the results to the review actuaries where you will support in interpreting the movements in outputs. You may also assist in the preparation of output that will be ultimately provided to senior leadership within Retirement solutions. As the team and processes are newly developed it is expected that the role will evolve and adapt to the requirements of the business, and you will look to make improvements and refinements to regular BaU processes that improve outputs and increase efficiencies.  You will be involved in ad-hoc investigations providing key management information that will be used in setting strategy within Retirement Solutions.

You will be responsible to set up and run the Milliman MG-ALFA cloud model, to support the development of robust and effective financial reporting across various projects, including balancing competing priorities as required. After receiving the relevant inputs from teams across the department, you will upload them in the cloud environment and use them to set up the model run as required by the different projects. You will then be responsible for handing over the results to the validation and review actuaries. Throughout, you will be expected to operate within strict timescales and work in compliance with prescribed control standards including ensuring appropriate audit trails are maintained.

What are we looking for?

• You will demonstrate some understanding of actuarial processes and ideally some actuarial modelling experience.
• You will understand the importance of following processes but also apply your knowledge and own thinking to analyse and make improvements.
• You will enjoy communicating clearly and effectively ideas, information, plans and opinions to internal stakeholders.
• You should be able to apply checking, reporting and auditing principles, and monitor systems and services in order to identify risks.
• You will also demonstrate the ability to ensure figures are only being produced with full Governance in place and account for internal and external standards.

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

• Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
• Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us