Quantitative Analyst, Asset Management

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Quantitative Analyst, Asset Management, London

Client:

Phoenix Group Holdings

Location:

London, United Kingdom

Job Category:

Finance

EU work permit required:

Yes

Job Reference:

b186fc73e685

Job Views:

3

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

We are pleased to announce an incredible, new career opportunity to join us here at Phoenix Group as a Quantitative Analyst to join our Quantitative Engineering team within the Asset Management (AM) function. Joining at this early stage you will be working in a fast paced and greenfield environment to lead the embedding of quantitative tools in Asset Management and lead the technology build for a new reporting function.

Job Type: Permanent
Reporting To: Head of Quantitative Engineering
Location: This role will ideally be based in our London office, with time spent between home and the office, and some travel between our Phoenix offices. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Salary & Benefits: £75,000 - £85,000 (subject to experience) + bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays, plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!

Who are we?

We want to be the best place that any of our 6,600 colleagues have ever worked. We’re the UK’s largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. 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

The ideal candidate will play a crucial role in designing, developing, testing, and implementing quantitative tools and models while also contributing to stakeholder engagement, documentation, training, and project management. This position requires a blend of technical expertise, communication skills, and a strong understanding of the life insurance industry. The role will require engagement with various teams across AM, Retirement Solutions, Actuarial, Finance, and Compliance.

Quantitative Engineering is a newly established team within Phoenix Asset Management. Working side by side with our portfolio managers, actuaries, and structurers, Quants develop tools and models that enable us to make agile informed decisions to optimize our assets and risk and identify market opportunities.

Key Responsibilities

• Testing and Quality Assurance:
• Develop and execute comprehensive test plans for quantitative models and tools
• Perform rigorous testing to ensure accuracy and reliability of financial models
• Identify and resolve issues in existing models and processes
• Stakeholder Engagement:
• Collaborate with various departments and support the Quantitative Product Engineers in scoping projects and gathering technical requirements
• Conduct training sessions for end-users on new quantitative tools and models
• Communicate complex quantitative concepts to non-technical stakeholders
• Ensure stakeholders are kept up to date with project progress
• Documentation:
• Create and maintain detailed documentation for models, processes, and methodologies
• Develop user guides and technical specifications for quantitative tools
• Effective delivery of quantitative tools and projects:
• Contribute to the development and implementation of models and tools
• Assist in planning and executing quantitative projects
• Ensure timely and efficient delivery of solutions to end users
• Monitor project timelines, deliverables, and resources
• Identify and mitigate potential risks to project success
• Decommission existing tools and spreadsheets (“EUCs”) that are being replaced

What are we looking for?

Personal Attributes

We're looking for a pro-active and self-motivated individual, who adopts a “get things done” attitude and takes pride in their delivery of quality work. This role will suit someone with strong analytical, quantitative, and problem-solving skills and the ability to manage multiple projects and priorities effectively. We're also looking for someone who is an effective communicator who can adapt and translate technical information to a variety of audiences.

Qualifications

You will hold a University Degree or ideally Masters’ Degree in Mathematics, Statistics, Finance, Actuarial Science, Engineering, Physics, or a related quantitative field.

Knowledge & Experience:

Track record of working with teams to deliver technical projects – ideally you will have worked on a number of different projects. Knowledge of the UK life insurance regulatory landscape including Solvency II. Strong experience with Excel / VBA. Ability to write good documentation.

• Python or other coding experience
• Knowledge of asset management business
• The ideal candidate will come from the asset management industry

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.