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- Tasks: Join our team to build and maintain complex calculation models for customer rectifications.
- Company: Be part of a dynamic Proposition Operations team focused on delivering accurate outcomes.
- Benefits: Enjoy a permanent role with opportunities for collaboration and skill development.
- Why this job: Perfect for detail-oriented problem solvers who want to make a real impact in finance.
- Qualifications: Ideal for part-qualified actuaries with strong Excel skills and familiarity with Life and Pensions products.
- Other info: We support diverse needs; let us know if you require adjustments during the recruitment process.
The predicted salary is between 36000 - 60000 £ per year.
We have an incredible opportunity as a Calculations Specialist within our Proposition Operations team.
We are looking for a detail-oriented and analytical individual to join us as a Calculation Specialist in a team that builds and maintains complex manual calculation models to support customer rectifications. Ideally suited to a part-qualified actuary who enjoys solving numerical problems and collaborating with actuarial, operations, and customer service teams to deliver accurate and fair outcomes.
You will design, test, and implement bespoke calculation models for the rectification of customer policies. The role also involves working closely with internal and external stakeholders to ensure calculations within our pension and savings systems are correct.
- Proven experience building complex manual calculation solutions using Microsoft Excel, including advanced functions and VBA.
- Familiarity with Life and Pensions products is essential, particularly in the context of pricing concepts, product-related calculations and underlying investment characteristics.
- Additional knowledge of SQL is advantageous.
- Strong numerical and analytical skills with the ability to interpret complex data and develop accurate, practical calculation models.
- Experience in test planning and execution to ensure efficient and targeted testing coverage for calculation models and rectification processes.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Retirement Planning Specialist employer: Phoenix Group
Contact Detail:
Phoenix Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Retirement Planning Specialist
✨Tip Number 1
Familiarise yourself with the specific calculation models used in retirement planning. Understanding how these models work will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the actuarial and pensions field. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your Excel skills, especially advanced functions and VBA. Consider taking an online course or working on personal projects that require complex calculations to showcase your abilities.
✨Tip Number 4
Prepare for potential technical assessments by practising SQL queries and understanding how they relate to pension and savings systems. This will give you a competitive edge and show your readiness for the role.
We think you need these skills to ace Retirement Planning Specialist
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Retirement Planning Specialist position. Make sure you understand the key responsibilities and required skills, especially around manual calculation models and familiarity with Life and Pensions products.
Tailor Your CV: Customise your CV to highlight relevant experience in building complex manual calculation solutions, particularly using Microsoft Excel and VBA. Include specific examples of your work that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and your understanding of the pension and savings systems. Mention any experience you have with SQL and how it can benefit the team, as well as your ability to collaborate with various stakeholders.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Phoenix Group
✨Showcase Your Analytical Skills
Be prepared to discuss your analytical approach to problem-solving. Highlight specific examples where you've successfully built or improved calculation models, especially using Excel and VBA.
✨Familiarise Yourself with Life and Pensions Products
Make sure you understand the key concepts related to Life and Pensions products. Be ready to explain how these concepts influence pricing and calculations, as this knowledge will be crucial in the interview.
✨Demonstrate Collaboration Experience
Since the role involves working with various teams, share examples of how you've effectively collaborated with different stakeholders in previous roles. This could include working with actuarial, operations, or customer service teams.
✨Prepare for Technical Questions
Expect technical questions related to SQL and advanced Excel functions. Brush up on your knowledge and be ready to solve problems on the spot, as this will demonstrate your proficiency and confidence in handling complex calculations.
