Job Type






With Profits Technical Actuary Edinburgh

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Phoenix Group Holdings

Phoenix Group Holdings Edinburgh United Kingdom

2 weeks ago

Job Title: With-Profits Technical Actuary

Job Type: Permanent.

Location: Wythall, Edinburgh or Telford with hybrid working.

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: Up to £80,000 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.

We have an exciting opportunity for a qualified actuary to join our With-Profits Management team as a With-Profits Technical Actuary. If you are interested in applying your actuarial expertise in helping ensure the fair treatment of our customers across our 22 with-profits funds, and have excellent communication and analytical skills, this may be the job for you.

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

We are recruiting for a With-Profits Technical Actuary in our With-Profits Management Review team, working with other actuaries and analysts across a range of with-profits activities carried out within the With-Profits Management team and supporting the With-Profits Actuaries in carrying out their duties. The work you do will have a direct impact on our policyholders.

You will be working across a number of our with-profits funds and contribute to their effective management by leading or supporting investigations, projects and developments; proposing improvements to processes, controls and methodologies; and reviewing the outcomes of business-as-usual work such as bonus reviews.

Senior stakeholders include the With-Profits Actuaries and the With-Profits Committee.

The team is at a pivotal stage bringing together the management of different With-Profit funds with the possibility of finding opportunities to improve current methods and processes.

If you are interested in applying your actuarial expertise to help ensure the fair treatment of customers across our 22 with-profits funds, and have excellent communication and analytical skills, this may be the job for you.

What are we looking for?

You will be a qualified Actuary with relevant post-qualification experience in the industry ideally in the context of with-profits funds.

Time-management, planning and stakeholder management skills will ensure successful delivery of a mixture of business-as-usual review work, methodology reviews and project work.

An ability to conduct research and investigations across a range of financial and commercial issues will enable you to work on a range of investigations as the with-profits funds run-off.

Excellent communication skills mean you will work effectively with a technical actuarial audience and simplify communications of technical issues to a non-technical audience.

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.

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