Corporate Actuary Analyst
£44,000 to £49,000 + 10% Bonus + Comprehensive Benefits
Based City of London EC4M 8BU
Based within our Group Actuarial function in Central London, you’ll be part of a dedicated team focused on facilitating and fulfilling actuarial modeling and reporting requirements and providing general actuarial support to a wide range of corporate-level project activity.
Phoenix Group is the UK’s largest specialist consolidator of Closed Life Assurance funds. A member of the FTSE 250 Index, with a premium listing on the LSE and one of ‘Britain’s Top Employers’ for the last 6 consecutive years, 6.1 million policyholders and assets under management of £74 billion, including the recently acquired Abbey Life and AXA Wealth businesses.
Working in partnership with other actuarial and finance operations across the organisation, your role will include active involvement in the build, development and application of spreadsheet models to support our actuarial reporting and capital management capabilities.
Our core mission is to create excellent value for our shareholders whilst protecting the interests of over six million policyholders. The management actions we implement to achieve this value generation require significant input from our corporate actuaries – and this is where you come in.
You could be involved in building bespoke models to assess the value of a potential new acquisition, ensuring we’re maximising the financial benefits from our existing portfolios, or looking into the impacts of new reinsurance arrangements. It’s a varied and commercially-facing role where there’s always something new around the corner.
What we're looking for:
As a part-qualified actuary making good progress with the exams and want to continue to do so and become a member of the Institute and Faculty of Actuaries, you must be able to demonstrate experience of building and running spreadsheet solutions within a robust control framework, including appropriate documentation, reconciliation and validation. Whenever new projects and exercises arise, you’ll be comfortable with putting your actuarial skills to good use in developing bespoke modelling solutions.
You should also have a good breadth of technical knowledge in relation to financial services companies and the environments in which they operate – evidenced by a solid knowledge of Solvency II, taxation and capital structures. Things develop quickly around here, so you’ll ideally be able to demonstrate your experience within a project team environment and possess the necessary adaptability to flourish in a change-driven culture.
We believe in building strong, collaborative teams, so you’ll be an excellent communicator used to dealing with a range of stakeholders, and the type of person who has the drive and commitment to get things done! You’ll also need to maintain strong relationships with actuarial colleagues in our Life Company to ensure consistent and appropriate actuarial practice is being applied in all areas of our work.
All in all, it’s a great role with plenty of variety and technical exposure, offering a real opportunity to develop your actuarial expertise. If you think you have what we're looking for, then we'd love to hear from you!
In return, you can look forward to a great package, excellent conditions and a superb working environment, plus the chance to make your mark in a rapidly developing FTSE listed company.
N.B. When on the Phoenix Careers site, first time visitors will be asked to register before applying.
Closing date: Midnight, Monday 23rd April 2018.
Flexible working at Phoenix is: "A lifestyle that fuses your personal and professional life."
Phoenix believes in a culture of flexibility, depending on the role we may be able to offer working arrangements that suit your needs. In today's world of work/life challenges, we recognise getting this right is important to our employees and the success of our business.
Examples of this may include but are not exclusive to the following:
Part Time: You would work less than full-time hours for the business, perhaps by working fewer days or hours per week.
Flexible hours: Still working your contracted hours, you would have flexibility to start and finish within agreed core working times.
Job Share: Where the role allows you would voluntarily share the duties of one full-time position with another colleague, splitting the hours on a pro-rata basis.
Home working: You would undertake some, or all, of your working duties from home or anywhere else other than the standard allocated place of work (including other Phoenix locations).