Data Reporting Technician (Actuarial)

Birmingham (Wythall)

Salary: £31,000-£39,000

Closing date: 23 April 2019 at midnight  

Reference: 3373  

Working pattern: Fixed Term  

Duration: 9 months  

This job is closed and is displayed for reference only. 

It’s never too late to try something new…

Are you looking for a role that allows you to utilise your strengths and learn new skills at the same time?

Are you process driven and are comfortable working with large sets of data?

If the answer is yes, we are looking for several Data Reporting Technicians within one of our Actuarial functions.  No previous Actuarial experience is necessary or even financial experience for that matter. We have the tools and people support to teach you everything else you need to know.

So if you have the core skills, take a look at the below for more insight into the role…

About the Team

The Production Reporting team produce Solvency II and IFRS results to meet all Phoenix Life’s requirements.  This includes regulatory reporting, model upgrade testing and business integration.  We combine process expertise and actuarial knowledge to set up and run MG-ALFA (our actuarial valuation model), calculate out of model adjustments and report results.  The successful candidate should be prepared to work on any or all aspects of the process, supporting the accurate and timely delivery of results.  Actuarial knowledge is not essential.

What does the role involve?

• Setting up and running MG-ALFA (our cloud based actuarial valuation model) for all business as usual and testing requirements
• Populating the strategic reporting dashboards for Actuarial Review
• Maintaining an efficient and controlled process in light of frequently changing demands

• Calculating out of model adjustments
• Populating SII and IFRS results templates for quarterly reporting
• Completing analysis of change to explain results movements

What we are looking for from you:

• Degree educated in some form of numeric related degree
• Previous experience in a process driven role
• Highly analytical and good with manipulating large sets of data with a questioning attitude and a desire to understand
• Minimum of intermediate-advance  level in Excel (this will be tested at interview stage)
• A positive attitude with the passion to learn new skills
• A team player is essential for this role as we want people that aren’t shy of rolling up their sleeves and getting stuck in!

We will be holding an assessment centre on Wednesday 24th April 9:30 am-1:30 pm

About us

Join the Phoenix Group, and you join a unique organisation. It’s not just the 10 million policyholders we serve, or the £240 billion of assets we look after. Or that we’ve been listed as one of the UK's Top Employers for seven years running. It’s the fact we manage predominantly closed life funds in our Heritage business. This means we can focus our innovative thinking and energy into improving outcomes for our existing customers and their customer experience.
But that’s not all. We also 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. We also market corporate pension trustee services and manufacture products to be sold under other brands. Did you know Phoenix Life manufactures SunLife’s market leading Guaranteed Over 50’s plan?
Having acquired Standard Life Assurance Limited in 2018, Phoenix is now the largest consolidator of heritage life insurance funds in Europe with a vision to be Europe's Leading Life Consolidator

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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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If you have any difficulties with your application, please email the Resourcing Team at