THE PHOENIX GROUP
Newcastle Upon Tyne, Tyne And Wear
Salary: Various Job Type: Permanent / Fixed Term Contract / Secondment Job Contact: Who are we? We want to be the best place that any of our colleagues have ever worked. We are the UK's largest long-term savings and retirement business with c.13 million customers and c.£310 billion of assets under administration. As a market leader and FTSE 100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities. We are tackling key environmental and social issues such as transitioning our portfolio to net zero by 2050 - but we're not done yet. We've seen huge growth and change, and this means there is enormous opportunity for our 8,000 colleagues to grow alongside us. Flexible working You can expect to work in a hybrid manner with time spent working in the office and at home. We believe that work/life balance offers benefits for customers as well as ensuring that you can balance a successful career with your life outside of work. We will discuss flexibility, what is important to you and balancing this with business requirements during the recruitment process. We want to hire the whole version of you We are committed to ensuring that everyone feels accepted and safe at work, and are proud to be an equal opportunity employer. Everyone is valued at Phoenix regardless of age, gender identity, neurodiversity, race, disability, sexual orientation, religion, ethnicity, socioeconomic background or anything else. Whether it's joining one of our internal employee networks, being an ally, taking positive action or simply being there to listen, everyone at Phoenix is valued and respected. If you need any help or adjustments to the recruitment process due to health, disability or anything else, please let us know so we can help you to be the best version of yourself. The roles We have a huge change agenda ahead in our Finance Reporting teams, which makes it an exciting and challenging time to join us here at The Phoenix Group. We are recruiting for a number of actuarial roles, both qualified and part-qualified, across a range of our teams: Finance Transformation, Change and Reporting & Analysis. We have a wide variety of vacancies including; - Lead Project Review Actuary and Project Actuary roles leading and delivering across a range of strategic projects - Internal Model, BPA, ERM, Part VIIs, IFRS17, business growth - Senior Review Actuary and Review Actuary roles across our Capital, Fund Review and Forecast and Planning teams - Senior Actuarial Infrastructure Manager leading the design of our Actuarial Systems - Production Manager and Production Admin Manager roles in Actuarial Services team managing key actuarial production teams - Senior Actuarial Technician roles in our Finance Performance team What are we looking for? We are always interested in hearing from talented actuarial professionals, so if you would like to become a part of the Phoenix Family please don't hesitate to get in touch.
Dec 19, 2022
Full time
Salary: Various Job Type: Permanent / Fixed Term Contract / Secondment Job Contact: Who are we? We want to be the best place that any of our colleagues have ever worked. We are the UK's largest long-term savings and retirement business with c.13 million customers and c.£310 billion of assets under administration. As a market leader and FTSE 100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities. We are tackling key environmental and social issues such as transitioning our portfolio to net zero by 2050 - but we're not done yet. We've seen huge growth and change, and this means there is enormous opportunity for our 8,000 colleagues to grow alongside us. Flexible working You can expect to work in a hybrid manner with time spent working in the office and at home. We believe that work/life balance offers benefits for customers as well as ensuring that you can balance a successful career with your life outside of work. We will discuss flexibility, what is important to you and balancing this with business requirements during the recruitment process. We want to hire the whole version of you We are committed to ensuring that everyone feels accepted and safe at work, and are proud to be an equal opportunity employer. Everyone is valued at Phoenix regardless of age, gender identity, neurodiversity, race, disability, sexual orientation, religion, ethnicity, socioeconomic background or anything else. Whether it's joining one of our internal employee networks, being an ally, taking positive action or simply being there to listen, everyone at Phoenix is valued and respected. If you need any help or adjustments to the recruitment process due to health, disability or anything else, please let us know so we can help you to be the best version of yourself. The roles We have a huge change agenda ahead in our Finance Reporting teams, which makes it an exciting and challenging time to join us here at The Phoenix Group. We are recruiting for a number of actuarial roles, both qualified and part-qualified, across a range of our teams: Finance Transformation, Change and Reporting & Analysis. We have a wide variety of vacancies including; - Lead Project Review Actuary and Project Actuary roles leading and delivering across a range of strategic projects - Internal Model, BPA, ERM, Part VIIs, IFRS17, business growth - Senior Review Actuary and Review Actuary roles across our Capital, Fund Review and Forecast and Planning teams - Senior Actuarial Infrastructure Manager leading the design of our Actuarial Systems - Production Manager and Production Admin Manager roles in Actuarial Services team managing key actuarial production teams - Senior Actuarial Technician roles in our Finance Performance team What are we looking for? We are always interested in hearing from talented actuarial professionals, so if you would like to become a part of the Phoenix Family please don't hesitate to get in touch.
Pension Risk Transfer Actuary sought for a partner led Consultancy. Our client is seeking a Pension Risk Transfer Actuary to enhance their BPA team. This is a fantastic opportunity for a Qualified Actuary (Newly Qualified or PQE) to join a partner led Consultancy as a Pension Risk Transfer Actuary. Responsibilities of the Pension Risk Transfer Actuary: Working on transactions for a range of clients Preparing and delivering advice to clients Developing relationships with insurers and reinsurers Support the development of propositions Key Experience of the Pension Risk Transfer Actuary: Qualified Actuary (Newly Qualified or PQE) Risk Transfer experience (from either insurance/reinsurance or consultancy) Strong communication skills The recruitment of a strong Pension Risk Transfer Actuary is of the utmost importance to our client, who are keen to schedule interviews as soon as possible. If you are excited about the prospect of becoming a Pension Risk Transfer Actuary at a partner led Consultancy then please apply with your CV below or contact Rebecca Miles. Sellick Partnership is a market-leading professional services recruitment specialist operating across the UK. We are proud to be an equal opportunities employer and encourage applications from candidates of all backgrounds and circumstances, including underrepresented and disadvantaged groups and those with disabilities. Please note our advertisements use years' experience and salary levels purely as a guide. We are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice which can be found in the footer on our website.
Dec 09, 2022
Full time
Pension Risk Transfer Actuary sought for a partner led Consultancy. Our client is seeking a Pension Risk Transfer Actuary to enhance their BPA team. This is a fantastic opportunity for a Qualified Actuary (Newly Qualified or PQE) to join a partner led Consultancy as a Pension Risk Transfer Actuary. Responsibilities of the Pension Risk Transfer Actuary: Working on transactions for a range of clients Preparing and delivering advice to clients Developing relationships with insurers and reinsurers Support the development of propositions Key Experience of the Pension Risk Transfer Actuary: Qualified Actuary (Newly Qualified or PQE) Risk Transfer experience (from either insurance/reinsurance or consultancy) Strong communication skills The recruitment of a strong Pension Risk Transfer Actuary is of the utmost importance to our client, who are keen to schedule interviews as soon as possible. If you are excited about the prospect of becoming a Pension Risk Transfer Actuary at a partner led Consultancy then please apply with your CV below or contact Rebecca Miles. Sellick Partnership is a market-leading professional services recruitment specialist operating across the UK. We are proud to be an equal opportunities employer and encourage applications from candidates of all backgrounds and circumstances, including underrepresented and disadvantaged groups and those with disabilities. Please note our advertisements use years' experience and salary levels purely as a guide. We are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice which can be found in the footer on our website.
Leading bulk annuity insurer seeking a qualified actuary to join their Origination team in London Competitive base salary and very generous bonus on offer.Company client pleased to be working with a leading bulk annuity insurer seeking a qualified actuary to join their Origination team in London.Within this role you will be responsible for overseeing the marketing and origination of new bulk annuity opportunities, pricing and structuring of bulk annuity transactions and managing negotiations with the trustee/company through their advisors.Role requirements: Qualified Actuary Experience of working within a UK pensions consultancy with strong DB pensions knowledge Bulk annuity pricing or de-risking experience would be beneficial but not essentialThis is an excellent opportunity for a Pensions Actuary to join a bulk annuity insurer with a significant market share of the BPA market. This business has a supportive and inclusive culture and a flat structure with plenty of scope for progression.For further details or to discuss how your role compares in the market, please don't hesitate to apply the job online.
Dec 06, 2022
Full time
Leading bulk annuity insurer seeking a qualified actuary to join their Origination team in London Competitive base salary and very generous bonus on offer.Company client pleased to be working with a leading bulk annuity insurer seeking a qualified actuary to join their Origination team in London.Within this role you will be responsible for overseeing the marketing and origination of new bulk annuity opportunities, pricing and structuring of bulk annuity transactions and managing negotiations with the trustee/company through their advisors.Role requirements: Qualified Actuary Experience of working within a UK pensions consultancy with strong DB pensions knowledge Bulk annuity pricing or de-risking experience would be beneficial but not essentialThis is an excellent opportunity for a Pensions Actuary to join a bulk annuity insurer with a significant market share of the BPA market. This business has a supportive and inclusive culture and a flat structure with plenty of scope for progression.For further details or to discuss how your role compares in the market, please don't hesitate to apply the job online.
A fantastic opportunity has arisen in the Bulk Purchase Annuities Post-Deal Operations team, for a qualified Actuary, with flexibility on location! The Team are responsible for the detailed implementation of new deals and the provision of ongoing services to customers. What will your responsibilities be: Formal sign-off of final premiums for new schemes The periodic review of administration factors including early/late retirements and cash lump sums. Review and sign-off of valuations of buy-in policies Attendance at trustee meetings as a technical expert on the implementation of new schemes Review of transfer values and the development and maintenance of transfer value calculation processes Provides technical support to BPA projects Liaising with auditors and answering any technical queries raised Attendance at trustee meetings as a technical expert supporting the client relationship managers What will I bring: Qualified or part qualified actuary (FIA/FFA) Knowledge of defined benefit pensions Extensive experience of checking actuarial valuations and transfer values Strong IT/Excel/VBA skills Strong communication skills enabling relationships to be built and maintained both internally and externally What will you get for this role? Salary £67,400 depending on location, skills, experience, and qualifications A generous defined contribution pension scheme Annual performance related bonus and pay review A holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for some Aviva products through "My Aviva Extras" plus discounts for Friends and Family (some exclusions apply) Excellent range of flexible benefits to include a matching share save scheme Aviva is for everyone: We are inclusive - we want applications from people with diverse backgrounds. Excited, but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you're in a job share just apply as a pair. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working - spending around 60% of their time in our offices and 40% at home. To find out more about working at Aviva take a look here We interview every disabled applicant who meets the minimum criteria for the job. Once you've applied, please send us an email stating that you have a disclosed disability, and we'll interview you. We'd love it if you could submit your application online. If you require an alternative method of applying, please give Nicola Janneh a call on or send an email to .
Sep 21, 2022
Full time
A fantastic opportunity has arisen in the Bulk Purchase Annuities Post-Deal Operations team, for a qualified Actuary, with flexibility on location! The Team are responsible for the detailed implementation of new deals and the provision of ongoing services to customers. What will your responsibilities be: Formal sign-off of final premiums for new schemes The periodic review of administration factors including early/late retirements and cash lump sums. Review and sign-off of valuations of buy-in policies Attendance at trustee meetings as a technical expert on the implementation of new schemes Review of transfer values and the development and maintenance of transfer value calculation processes Provides technical support to BPA projects Liaising with auditors and answering any technical queries raised Attendance at trustee meetings as a technical expert supporting the client relationship managers What will I bring: Qualified or part qualified actuary (FIA/FFA) Knowledge of defined benefit pensions Extensive experience of checking actuarial valuations and transfer values Strong IT/Excel/VBA skills Strong communication skills enabling relationships to be built and maintained both internally and externally What will you get for this role? Salary £67,400 depending on location, skills, experience, and qualifications A generous defined contribution pension scheme Annual performance related bonus and pay review A holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for some Aviva products through "My Aviva Extras" plus discounts for Friends and Family (some exclusions apply) Excellent range of flexible benefits to include a matching share save scheme Aviva is for everyone: We are inclusive - we want applications from people with diverse backgrounds. Excited, but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you're in a job share just apply as a pair. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working - spending around 60% of their time in our offices and 40% at home. To find out more about working at Aviva take a look here We interview every disabled applicant who meets the minimum criteria for the job. Once you've applied, please send us an email stating that you have a disclosed disability, and we'll interview you. We'd love it if you could submit your application online. If you require an alternative method of applying, please give Nicola Janneh a call on or send an email to .
We see the role is an excellent development opportunity that would build on a proven credit analysis and project management skill set. It requires someone who is organised, enjoys taking initiative and ready to provide support to new challenges and demands of a growing business. A key driver for our success is the annuity business. Aviva is a central player in both the individual and bulk annuity markets, with much of the growth in new business volumes coming from bulk purchase annuities (BPAs). As a result, we're building out our internal credit rating and governance team to support with assets that require a credit rating, and hence an associated credit rating methodology. These credit ratings are used as a tool to manage credit risk and directly feed through to the matching adjustment calculation for Aviva's c£70bn annuity portfolio, a key part of Aviva's future strategy. As such, this position will allow for the opportunity to look at new asset classes and provide tailored rating methodologies from scratch with a team that is evolving as the work evolves in exciting ways. Aviva uses "smart-working", and the person in this role can be based anywhere in the UK, as long as they are comfortable with regular travel to our York, Bristol or London offices. The role's duties & responsibilities Assessment and development of new and existing internal credit methodologies, to ensure they remain aligned with our Credit Rating Policy and all relevant regulatory requirements. Responsibilities will include: Undertaking regular reviews of existing methodologies, including appropriate assurance testing, to evidence ongoing compliance Engaging with and presenting output of reviews to expert judgement panels and key forums/committees who are formed to support the discharge of our Chief Actuary's responsibilities Deep dive reviews as proposed by the Life Actuarial Reserving Lead and senior management - providing assurance that operational controls and governance arrangements are working effectively, recommending actions to address and mitigate gaps Deputising for the Rating Methodology Oversight Senior Manager as the need arises Skills & experiences required: Proven understanding of credit rating methodologies across several types of assets Robust knowledge of credit analysis fundamentals Experience working in Corporate credit within an asset manager, rating agency, investment or financial institution Technical background - knowledge of the main features of more sophisticated rating methods (i.e. those typically based on internal custom models) Mentality to challenge more expert colleagues on whether the complexity is justified, learning more about custom UK Life models as the role develops What will you get for this role? A competitive salary depending on location, skills, experience and qualifications Generous defined contribution pension scheme Annual performance related bonus and pay review Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for some Aviva products through "My Aviva Extras" plus discounts for Friends and Family (some exclusions apply) Excellent range of flexible benefits to include a matching share save scheme Working at Aviva At Aviva, we're people with a purpose. To be with you today, for a better tomorrow. We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions. The way we do this is important too, we're all about our people - that's you - so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we're very open to that. In fact, we don't advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it's up to you to discuss working hours during your interview. We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you. We interview every disabled applicant* that meets the minimum criteria for the job. Once you've applied, please send us a separate email stating that you have a disclosed disability and we'll make sure we interview you. *As defined in The Equality Act 2010*. By 'minimum criteria' we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.
Dec 02, 2021
Full time
We see the role is an excellent development opportunity that would build on a proven credit analysis and project management skill set. It requires someone who is organised, enjoys taking initiative and ready to provide support to new challenges and demands of a growing business. A key driver for our success is the annuity business. Aviva is a central player in both the individual and bulk annuity markets, with much of the growth in new business volumes coming from bulk purchase annuities (BPAs). As a result, we're building out our internal credit rating and governance team to support with assets that require a credit rating, and hence an associated credit rating methodology. These credit ratings are used as a tool to manage credit risk and directly feed through to the matching adjustment calculation for Aviva's c£70bn annuity portfolio, a key part of Aviva's future strategy. As such, this position will allow for the opportunity to look at new asset classes and provide tailored rating methodologies from scratch with a team that is evolving as the work evolves in exciting ways. Aviva uses "smart-working", and the person in this role can be based anywhere in the UK, as long as they are comfortable with regular travel to our York, Bristol or London offices. The role's duties & responsibilities Assessment and development of new and existing internal credit methodologies, to ensure they remain aligned with our Credit Rating Policy and all relevant regulatory requirements. Responsibilities will include: Undertaking regular reviews of existing methodologies, including appropriate assurance testing, to evidence ongoing compliance Engaging with and presenting output of reviews to expert judgement panels and key forums/committees who are formed to support the discharge of our Chief Actuary's responsibilities Deep dive reviews as proposed by the Life Actuarial Reserving Lead and senior management - providing assurance that operational controls and governance arrangements are working effectively, recommending actions to address and mitigate gaps Deputising for the Rating Methodology Oversight Senior Manager as the need arises Skills & experiences required: Proven understanding of credit rating methodologies across several types of assets Robust knowledge of credit analysis fundamentals Experience working in Corporate credit within an asset manager, rating agency, investment or financial institution Technical background - knowledge of the main features of more sophisticated rating methods (i.e. those typically based on internal custom models) Mentality to challenge more expert colleagues on whether the complexity is justified, learning more about custom UK Life models as the role develops What will you get for this role? A competitive salary depending on location, skills, experience and qualifications Generous defined contribution pension scheme Annual performance related bonus and pay review Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for some Aviva products through "My Aviva Extras" plus discounts for Friends and Family (some exclusions apply) Excellent range of flexible benefits to include a matching share save scheme Working at Aviva At Aviva, we're people with a purpose. To be with you today, for a better tomorrow. We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions. The way we do this is important too, we're all about our people - that's you - so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we're very open to that. In fact, we don't advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it's up to you to discuss working hours during your interview. We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you. We interview every disabled applicant* that meets the minimum criteria for the job. Once you've applied, please send us a separate email stating that you have a disclosed disability and we'll make sure we interview you. *As defined in The Equality Act 2010*. By 'minimum criteria' we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.