Review Actuary

TN United Kingdom; City of Edinburgh; Hybrid; GBP 65,000 - 80,000; Full time

Job summary

A leading company in the UK’s long-term savings and retirement sector is seeking a Review Actuary for their Actuarial Review team. The role involves applying actuarial expertise to support decision-making and collaborating on key projects. Ideal candidates will have experience in actuarial reporting and a strong ability to deliver quality work under tight deadlines. The company values diversity and encourages applicants with varied experiences to apply.

Benefits

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

Qualifications

• Experience in actuarial reporting or life actuarial disciplines.
• Ability to deliver high-quality work within deadlines.

Responsibilities

• Provide professional services applying actuarial knowledge.
• Produce and review diversified risk capital results.
• Collaborate with teams on key projects.

Skills

Actuarial Reporting

Communication

Teamwork

Process Improvement

Education

Qualified Actuary

Job description

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Location:

This role is based out of our Birmingham office, on a hybrid basis.

Flexible working:

All of our roles are open to part-time, job-share, and other types of flexibility. We will discuss your preferences and how to balance them with business requirements during the recruitment process.

Salary and benefits:

£65,000 to £80,000 per annum 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 more.

Closing Date:

Friday 30th May

Who are we?

We aim to be the best place that any of our 6,600 colleagues have ever worked. We are the UK’s largest long-term savings and retirement business, offering products across our market-leading brands: Standard Life, SunLife, Phoenix Life, and ReAssure. Approximately 1 in 5 people in the UK has a pension with us. As a FTSE 100 organization, we are committed to key initiatives such as transitioning our portfolio to net zero by 2050.

The role

We are recruiting a Review Actuary to join our Actuarial Review team within the Group Reporting and Tax team. You will provide professional services applying actuarial technical and business knowledge to support informed decision-making aligned with the company strategy.

In this role, you will become an expert in actuarial reporting for the Phoenix business, helping produce and review diversified risk capital results on a SII basis using the proxy model. You will work with various teams on key projects and initiatives, especially given the significant change agenda within Phoenix, and collaborate with the Financial Planning team to ensure changes impacting funds are accurately incorporated into business decisions.

What are we looking for?

• A qualified or newly qualified actuary with experience in actuarial reporting or other life actuarial disciplines.
• Knowledge of SII reporting is desirable. Prior use of proxy models is useful but not required.
• Experience reporting on various product lines, including annuity, bulk annuity, unit-linked, and with-profits, is desirable.
• Ability to deliver high-quality work within fixed and tight deadlines.
• Experience working in a team and supporting colleagues.
• Experience developing processes and improving controls.
• Enthusiasm for learning in a changing environment, with a strong appetite for change and continuous improvement.
• Strong technical and communication skills, and ability to work well in a team.

We want to hire the whole version of you.

We are committed to diversity and inclusion. If your experience differs from the advertised requirements but you believe you can add value, we encourage you to apply. If you need adjustments during the recruitment process, please let us know so we can support you.