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: 10th May 2024
Salary and benefits: Up to £80,000 dependent upon experience plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, income protection, 3x volunteering days and much more
We have an incredible opportunity to join us here at Phoenix Group as a Reinsurance Actuary
Who are we?
We want to be the best place that any of our 6,800 colleagues have ever worked.
We’re the UK’s largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. 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
Your primary focus will be supporting the delivery of reinsurance solutions for our Retirement Solutions business including supporting the team on the live deal pipeline, sourcing and assessing reinsurance (flow and facultative) to achieve optimal outcomes and supporting deal execution in a structuring and project management capacity
Performing analytical analysis to check the commercial viability of prospective longevity swap and funded reinsurance transactions and making recommendations on strategy to maximise chances of success
Supporting the negotiation, documentation and governance required to on-board new arrangements including ensuring all relevant risks are appropriately managed and controls are operated
Enhancing and embedding streamlined processes and delivering efficiencies across all reinsurance activity
Expanding reinsurance capabilities and supporting strategic projects. Engaging with senior internal stakeholders and taking them along the journey where new developments are necessary
What We’re Looking For
Strong knowledge of the insurer balance sheet, BPA market and pricing dynamics with previous experience in a reinsurance or DB de-risking capacity
Experience in structuring and executing transaction and strong commercial acumen
Ability to work under pressure in a fast-moving environment to tight deadlines
Excellent communication, time management and stakeholder management skills
Strong data wrangling capabilities along with the ability to perform longevity experience analyses
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.