Annuities - Edinburgh, United Kingdom - Phoenix Group

Phoenix Group
Phoenix Group
Verified Company
Edinburgh, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Salary:
up to £60,000 per annum, plus bonus, 38 days holiday (including bank holidays), generous pension, provate medical cover, volunteering days and lots more


Job Type:
Permanent


Location:
London or Edinburgh Offices - hybrid working


We have an incredible opportunity to join us here at Phoenix Group as a Annuities, Oversight Analyst to join our Client Services team in Retiremenet Solutions in our thriving Open business.


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


We are the UK's largest long-term savings and retirement business with c.13 million customers and c.£310 billion of assets under administration.

As a market leader and FTSE 100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities.

We are tackling key environmental and social issues such as transitioning our portfolio to net zero by but we're not done yet.


We've seen huge growth and change, and this means there is enormous opportunity for our 8,000 colleagues to grow alongside us.


The role


As an Annuities Oversight Analyst you will be working in a fast-paced environment you will need to provide effective and accurate analysis to produce management information to enable and support the oversight of BPA and reinsurance performance.

You will perform effective analysis of Phoenix's outsourced administrator's data, ensuring that appropriate quality assurance procedures are adopted and service levels monitored.


  • Support the development and collation of management information that enables the BPA management team to effectively monitor service delivery and identify key risk indicators as the processes evolve to continually meet client demands.
  • Proactively identify emerging data issues, liaising with external administrators and Phoenix's outsourced administrator to rectify.
  • Identify areas of improvement, in order for the Oversight function to support the development of the BPA operating model.
  • Build and maintain relationships with internal stakeholders and Phoenix's outsourced administrator.
  • Carry out reperformance of calculations and processes completed by the outsourced administrator to ensure accuracy and completeness of administrator outputs.

What are we looking for?

  • Excellent written and verbal communication skills
  • Strong data analysis skills with experience of working with large and complex datasets
  • Excellent organisational skills
  • A keen eye for detail.
  • Knowledge of Bulk Annuities and Defined Benefit Pensions
  • Experience of reviewing and interpreting contractual documentation
  • Experience of working in a project or change environment
  • Experience with pension administration practices
  • Very selfaware with the desire to exceed expectations and demonstrate resilience in overcoming challenges and determination to deliver results for the business
  • Willingness to develop and progress in the role, highlighting and engaging with any training needs as appropriate
  • Regularly working to defined and tight timescales whilst maintaining professional standards
  • Previous experience working with Defined Benefit Pension data and/or reinsurance data

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

**#LI-HYBRID #LI-RL1
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