Head of Bpa and Erm Actuarial Reporting Onboarding - Birmingham, United Kingdom - Phoenix Group

Phoenix Group
Phoenix Group
Verified Company
Birmingham, United Kingdom

3 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

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Description

Job Type:
Permanent


Location:

This role could be based in either our Wythall, Telford 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.


Closing Date:1st March 2024


Salary and benefits:
Six figure plus 30% bonus up to 60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more


We have an incredible opportunity to join us here at Phoenix Group as Head of Actuarial Reporting ERM and BPA Onboarding, joining our recently established Open Actuarial Reporting and Change team.


Who are we?
We want to be the best place that any of our 6,800 colleagues have ever worked.

We're the UK's largest long-term savings and retirement business.

We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration.

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


Reporting into the Head of Open Actuarial Reporting and Change you will lead an established team in the onboarding of new Equity Release Mortgages and Bulk Purchase Annuities into actuarial reporting processes, leveraging tactical and strategic modelling solutions to enable initial recognition and long-term efficient and robust reporting.


Under your leadership the team will deliver modelling and SME review of results for new business in support of regulatory reporting, provide financial impacts of new business transactions into Monthly MI processes and support the alignment of actuarial models and reporting processes for new features arising from new business transactions.


You will work closely with senior stakeholders and technical colleagues across the Retirement Solutions Value Centre and the Finance Function to identify and deliver enhancements to the modelling and reporting capabilities of the ERM and BPA and will support the delivery of management actions and strategic initiatives.


Leading a well established and highly skilled team, you will have the opportunity to embed new strategic modelling and reporting capabilities and to optimise how the team operates as those capabilities become established.


What are we looking for?


You will ideally have a proven track record of driving successful and efficient actuarial change delivery across a range of different types of project, with direct exposure to actuarial modelling and data systems, reporting processes and methodologies.


Possessing significant experience in the actuarial reporting or financial management of Equity Release Mortgages or Annuity and Bulk Purchase Annuity business, you will have had direct exposure to key regulatory reporting metrics (SII and IFRS17).


Experience leading the delivery of regulatory reporting and/or management information to tight timescales and a strong focus on continuous improvement and driving quality outcomes and efficient operations is highly desirable in the role.


A problem solver, you will thrive on finding efficient solutions to complex situations, involving technical competencies and effective people leadership.

You will also have significant experience influencing senior stakeholders across different areas of a life insurance business, with an ability to deliver complex messaging directly.

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

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