Senior Actuary - Birmingham, United Kingdom - Phoenix Group

Phoenix Group

Verified Company

Birmingham, United Kingdom

3 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Senior Actuary

Job Type:
Permanent

Location:
This is a Hybrid role which could be based out of either our Wythall or Telford offices. The need to be in the office will vary but is likely to be a minimum of 1-2 times a month

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.

Salary and benefits:
£80,000 - £85,000 plus up to 60% bonus, 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 a _Senior Actuary _to join our _Actuarial Services _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

You will be responsible for the delivery and analysis of actuarial modelled and manual calculations for a range of valuation reporting needs.

This will include quarterly reporting, additional sensitivities and processes linked to the Harmonised Internal Model.

Regularly working to defined and tight timescales whilst maintaining professional standards, you will use your actuarial judgement to resolve valuation issues considering materiality and operational aspects as well as the resource management of the Validation team to complete tasks in a Working-day timetable, Actuarial Annual Calendar and off-cycle reporting demands.

You will have line management responsibility for a large team of actuaries, trainee actuaries and analysts as well as providing technical

You will communicate effectively with a technical actuarial audience and simplify communications of technical issues to a non-technical audience.

You will also lead process improvements in the team from identification of issues, working with the Modelling Systems team to find workable solutions and sign off end solutions.

What are we looking for?

You will be a qualified Actuary with a detailed knowledge of Actuarial Reporting Processes and Practices built up through experience working in an Actuarial Reporting function.

As the Head of Actuarial Validation, you will be a strong communicator heading up a large reporting team demonstrating continuous improvement and enduring sustainable performance through collaboration across the wider Actuarial Reporting and Change division.

You will take ownership and drive forward effective change within the Validation team to make reporting processes more efficient. For example, identifying non-modelled (manual) reserves which can be removed or simplified and driving through these implementation changes.

You will play a key role in Actuarial modelling, Financial Reporting and future Integrations which will require building strong external relationships with a number of stakeholders.

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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