14 months Capital Management Actuary

Phoenix Group

  • Birmingham Wythall, Worcestershire
  • £68,000-85,000 per year
  • Contract
  • Part-time
  • 1 month ago
Job Description:Job Type: 14 months fixed term contractContact: Beth WoodLocation: London, Wythall, Telford or Edinburgh with hybrid working. All roles are advertised as open to part-time and job-share using the statement below. You can read more aboutSalary and benefits: £68,000 - £85,000 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 moreClosing date: 21st AprilWe have an incredible opportunity here at Phoenix Group to join our Actuarial and Capital Management team as a Capital Management Actuary.Who are we?We want to be the best place that any of our 7,800 colleagues have ever worked.We're the UK's largest 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're a FTSE 100 business that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.The roleAs a Capital Management Actuary you will play a key role within our Capital and Liquidity Risk team, providing technical expertise and thought leadership as we evolve our balance sheet risk management frameworks and processes to keep pace with the growing scale and complexity of Phoenix..Reporting to the Head of Capital and Liquidity Risk, this role will support in the development and running of our Capital Management and Liquidity and Funding Policies, getting involved in areas such as balance sheet resilience planning through stress and scenario testing and the development of recovery actions, continuous enhancement of our capital and liquidity management frameworks and calibration of various capital and liquidity risk appetite limits appropriate for the Group's growth ambitions..The role requires you to use your strong technical background and apply this to a commercial, yet risk-focussed setting such that the capital and liquidity frameworks are robust and that:
  • appropriate levels of balance sheet resilience is maintained and monitored,,
  • risks are well understood, documented and controlled and
  • business units within the Group have clear limits to work within in order to execute the Group's strategic priorities.
You will work within a team of qualified and trainee actuaries with a range of experience, working closely with senior leaders within the team and dealing with stakeholders from a variety of teams across the Group. This is a fantastic development opportunity and a chance to apply your technical expertise in a team “at the sharp end” of Phoenix..What are we looking for?
  • A qualified actuary with a proven track record and relevant industry experience with a strong technical ability.
  • Excellent verbal and written communication skills,
  • Ability to work effectively within a team environment, frequently collaborating on multi-team activities,
  • Very strong technical ability with a good working knowledge of the dynamics of the Solvency II balance sheet, being able to apply this in a business context
  • Ability to challenge the status quo, contribute to technical discussions with senior members of the team and to make continuous improvements to our capital and liquidity risk management frameworks.
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.Find out more about #LifeAtPhoenix
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Phoenix Group