Senior Actuarial Analyst/Technician

Birmingham (Wythall)

Salary: Circa £45,000 + completion bonus

Closing date: 23 January 2019 at midnight  

Reference: 3290  

Working pattern: Fixed Term  

Duration: 6 months  

This job is closed and is displayed for reference only. 

 *** 6 month Fixed term Contract***

Are you a part qualified/qualified Actuary looking to work for one of the UK’s Top Employer?


Do you have commercial experience and are looking to broaden your skills?


Is the answer is yes, we are looking for either a Senior Actuarial Analyst or Technician…


About the role


This role will assist the Solvency MI team within the wider Actuarial Reporting function in BAU activities as well as supporting the team with project work as required. We are looking for someone who is technically strong and is confident in analysing and communicating financial metrics relating to the Life Company solvency position.


When necessary you will also need to challenge the relevant functions and provide a more feasible solution that will deliver the desired output and not compromise the business.


The current team all work together really well and are a positive bunch, so we are looking for someone who can fit in to that. We want someone who has a good work ethic, is willing to support others and has a positive outlook!


What we’re looking for




  • Experience in a similar role working at a more senior level
  • Part qualified/ qualified Actuary
  • Confident communicating both verbally and written at all levels
  • Strong analytical skills and the ability to interpret a broad range of data
  • Strong IT skills and comfortable working on multiple systems




  • Experience in Life Insurance or Pensions
  • Understanding of Solvency II / SCR dynamics



About us


Phoenix Group is the largest specialist consolidator of heritage life assurance funds in Europe. Our main focus is on closed life fund consolidation where we specialise in the acquisition and management of closed life insurance and pension funds. We call this our Heritage business. Alongside this, we have an open business which manufactures and underwrites new products and policies to support people saving for their future in areas such as workplace pensions and SIPPs. This open business is underpinned by a strategic partnership with Standard Life Aberdeen plc following our acquisition of Standard Life Assurance Limited in 2018. We also have a market leading brand - SunLife - which sells a range of financial products specifically for the over 50s market. In total the Group has over 10 million policyholders and £240 billion of assets and we have operations in the United Kingdom, Ireland and Germany. The Group has five operating life companies which hold policyholder assets and a distribution business, SunLife. We believe the insurance industry is bifurcating and splitting into 'capital heavy' insurance specialists who will continue to underwrite and administer insurance products and 'capital light' firms who will concentrate on sales and distribution.  Phoenix's vision is to be Europe’s Leading Life Consolidator in this bifurcating market which we estimate has a market size of £540 billion across the UK, Germany and Ireland.

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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).

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