Software Developer, Retirement Solutions & Asset Management

Phoenix; City Of London; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

A financial services company is seeking a Software Developer to join their Retirement Solutions team in London. The role involves designing and developing internal software tools, managing AWS infrastructure, and ensuring robust, efficient code. The ideal candidate should have strong Python skills and experience in software development, along with a relevant degree. This position offers a competitive salary and benefits package.

Benefits

Bonus

Excellent pension scheme

Private medical insurance

38 days holiday incl. Bank Holidays

Career breaks

Volunteering days

Qualifications

• Strong programming skills, preferably Python.
• Experience in building robust software solutions.
• Understanding of database management principles.

Responsibilities

• Design, develop, and maintain internal software tools and models.
• Manage AWS services and ensure code quality.
• Collaborate with actuaries on technical solutions.

Skills

Python programming

Database design

Git proficiency

CI/CD pipelines

Testing frameworks

Education

University Degree or Masters in Mathematics, Statistics, or related field

Tools

AWS

C#

Job description

Overview

We are pleased to announce a new career opportunity to join Phoenix Group as a Software Developer within the Retirement Solutions & Asset Management (RSAM) function. You will be working in a fast-paced environment developing internal modelling tools, particularly in the Bulk Purchase Annuity and Equity Release Mortgage space.

Job Type: Permanent

Location: This role will ideally be based in our London office, with time spent between home and the office, and some travel between Phoenix offices. We will discuss what is important to you and balance this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Salary & Benefits: £35,000 - £55,000 (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!

The Company

We are Phoenix Group, a 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 are a FTSE 100 organisation tackling key issues such as transitioning our portfolio to net zero by 2050, and we are not done yet.

The Role

The ideal candidate will play a key role in designing, developing, and testing internal software tools and models, while collaborating closely with a range of internal stakeholders. The role requires an end-to-end approach—considering user interaction and experience, back-end implementation, and data processing. The successful candidate will contribute to the development and maintenance of cloud infrastructure, particularly within AWS, and will follow best practices in software development, including thorough documentation and effective communication. This position demands strong technical skills, a collaborative mindset, and the ability to work effectively within a team.

Context – Retirement Solutions & Asset Management

This role sits within the Retirement Solutions & Asset Management division, focusing on developing models in the Bulk Purchase Annuity (BPA) and Equity Release Mortgage (ERM) space. The development team works closely with Actuaries who define model specifications, ensuring alignment between technical implementation and business requirements. Following the merger of the Retirement Solutions and Asset Management divisions, the team is now positioned alongside the Quantitative Engineering team, creating opportunities for learning and collaboration.

Key Responsibilities

• Development and Delivery: Design, develop, and maintain internal software tools and models, ensuring they are robust, scalable, and user-friendly.
• Take ownership of the full development lifecycle—from requirements gathering and design through to implementation, testing, and deployment.
• Build and manage cloud infrastructure resources, with a focus on AWS services and best practices.
• Ensure high code quality through adherence to development standards and code reviews.
• Perform rigorous testing to ensure accuracy and reliability of products.
• Identify and resolve issues in existing models and processes.

Stakeholder Engagement

• Work closely and collaboratively with modelling actuaries to ensure technical solutions align with actuarial requirements and business objectives.
• Provide effective support to end users by resolving issues promptly and facilitating training and feedback sessions to enhance tool usability and adoption.
• Collaborate effectively within cross-functional project teams, including product owners, business analysts, project managers, and senior sponsors, to ensure alignment on goals, priorities, and delivery timelines.

Documentation

• Create and maintain detailed documentation for models, processes, and methodologies.
• Develop user guides and technical specifications for tools.

What we are looking for

Knowledge & Experience

Essential

• Strong programming skills, preferably Python, with a focus on clean, maintainable, and efficient code.
• Proven experience in building robust and scalable software solutions.
• Solid understanding of database design and data management principles.
• Proficiency with Git.
• Experience with CI/CD pipelines and automation tools.
• Familiarity with testing frameworks and test-driven development.

Desirable

• Exposure to programming in C#
• Experience in the financial services industry, particularly in insurance or pensions.
• Exposure to developing financial or actuarial models.
• Experience with cloud platforms such as AWS, Azure, or Google Cloud Platform, including infrastructure-as-code and cloud-native services.

Personal Attributes

We are looking for a technically strong and self-motivated individual with a passion for software development and modern technology. The ideal candidate will write clean, efficient, and maintainable code, bring a proactive, delivery-focused mindset, and enjoy continuous learning. Communication and collaboration within cross-functional teams are important, along with the ability to translate complex technical concepts into practical solutions.

Qualifications

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

We Value Your Whole Self

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 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.

Find out more

• Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
• Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us