Project Actuary
Posted 1 week ago by Phoenix Group
£75,000 Per year
Undetermined
Hybrid
Wythall, England, United Kingdom
Summary: The Project Actuary role at Phoenix Group involves supporting the BPA Onboarding team by efficiently integrating new deals into regulatory reporting processes and validating financial impacts. The position requires a qualified actuary with experience in actuarial reporting and a strong ability to collaborate with various stakeholders. The role also includes mentoring actuarial analysts and trainee actuaries, emphasizing continuous improvement and adaptability in a changing environment. Flexible working arrangements are available, and the company values diversity and inclusion in its hiring process.
Key Responsibilities:
- Support Phoenix’s strategic BPA Business by integrating new deals into regulatory reporting processes.
- Validate financial impacts of transactions and assist with scheme obligations such as data cleanses and buy-out activities.
- Contribute to projects aimed at enhancing processes and systems for efficient BPA onboarding.
- Mentor and develop actuarial analysts and trainee actuaries within the team.
- Collaborate effectively with colleagues and senior stakeholders across various disciplines.
Key Skills:
- Qualified actuary with experience in actuarial reporting or life actuarial disciplines.
- Strong track record of delivering quality work within tight deadlines.
- Knowledge of financial reporting metrics.
- Experience in Defined Benefit Pensions and/or BPA is highly desirable.
- Ability to influence, communicate, and collaborate effectively.
- Strong appetite for change and experience in driving continuous improvement.
Salary (Rate): £75,000 yearly
City: Wythall
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Job Description We have an incredible opportunity to join us as a Project Actuary to join our BPA Onboarding team here at Phoenix Group.
Job Type: 12 month Fixed term contract
Location: This role could be based at any of our UK offices (Birmingham , Telford, Edinburgh or London offices )with time spent working in the office and at home.
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.
Closing Date: 18th August
Salary and benefits : £54,000 - £75,000 dependent upon experience 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 much more
We have an incredible opportunity to join our BPA Onboarding Team here at Phoenix Group as a BPA Project Actuary.
The role As a BPA Project Actuary, you will undertake a range of activity in support of Phoenix’s strategic BPA Business, including working to bring new deals quickly and efficiently into regulatory reporting processes and validating the financial impacts of transactions. You will also support activity to meet scheme obligations such as data cleanses and buy-out activities and will support a range of projects delivering enhanced processes and systems to support the efficient onboarding of BPAs.
What are we looking for? We are looking for a qualified actuary with varied experience in actuarial reporting, or other life actuarial disciplines, with a strong track-record of delivery to consistent quality work within fixed and often tight deadlines. Knowledge of, and experience reporting on, financial reporting metrics is highly desirable. While this role is a Life role, Defined Benefit Pensions experience and/or direct BPA experience would be hugely valuable, and this would be a great role for someone looking to transition from Pensions to Life as their actuarial focus. Someone who is keen to learn quickly in a changing environment having a strong appetite for change and experience of driving continuous improvement will fit well with the role. You will have an ability to influence, communicate and collaborate effectively with a variety of colleagues and senior stakeholders from different disciplines across the business. Building capability through developing our people is hugely important at Phoenix. As an actuary in the BPA Onboarding Team you will play a role in the development and management of actuarial analysts and trainee actuaries in the team. 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. We’re reviewing applications as they come in, so apply early to avoid missing out.