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- Tasks: Support actuaries in delivering bonus rates and technical work for With-Profits funds.
- Company: Join Phoenix Group, a leading FTSE 100 savings and retirement business.
- Benefits: Enjoy up to £45,000 salary, 38 days leave, private medical cover, and flexible working options.
- Why this job: Develop your analytical skills while ensuring fair treatment for customers in a supportive environment.
- Qualifications: Degree in actuarial science or related field; experience in financial services preferred.
- Other info: Open to part-time and flexible roles; we value diverse backgrounds and experiences.
The predicted salary is between 36000 - 54000 £ per year.
Social network you want to login/join with:
With Profits Actuarial Analyst, Birmingham
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Client:
Phoenix Group Holdings
Location:
Birmingham, United Kingdom
Job Category:
Other
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EU work permit required:
Yes
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Job Reference:
0404c773b278
Job Views:
8
Posted:
12.07.2025
Expiry Date:
26.08.2025
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Job Description:
Location and flexible working:Edinburgh or Wythall. All 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.
Job Type: Permanent
Closing Date: 14th July
Salary and benefits:Up to£45,000 dependent upon experience plus 8% bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, income protection, 3x volunteering days and much more
Recruiter: Douglas Smith
We have an exciting opportunity for an Actuarial Analyst to join our With-Profits Production team, working with actuaries and other analysts across a number of our With-Profits funds.
Who are we?
We’re Phoenix Group, we’re a 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 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
The role
This is an ideal opportunity to develop and progress in a technical role whilst helping to ensure the fair treatment of our With-Profits policyholders. If you are interested in applying your excellent analytical and communication skills to help ensure the fair treatment of customers across our 22 with-profits funds, this may be the job for you.
You will be responsible for providing the necessary support for the With-Profits Actuaries to carry out their duties, focusing on delivering annual bonus rates, final bonus rates, surrender value factors, market value adjustments and other technical BAU work on time and to a high standard. You will also have opportunities to contribute to project and development work.
What We’re Looking For
- Experience of working in financial services, ideally in an analyst or similar technical role
- Ideally have a degree in actuarial science, mathematics or a related numerate discipline
- Be numerate and analytical with a questioning attitude and a desire to understand what’s going on behind the numbers
- Able to communicate technical messages in a way that’s easy for others to understand
- Be familiar with Microsoft Excel, and ready to apply your skills to new challenges
- A basic understanding of relevant actuarial technical concepts and With-Profits products would be a bonus
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.
Please note that we reserve the right to remove adverts earlier than the advertised closing date. We encourage you to apply at the earliest opportunity.
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With Profits Actuarial Analyst employer: Phoenix Group Holdings
Contact Detail:
Phoenix Group Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land With Profits Actuarial Analyst
✨Tip Number 1
Familiarise yourself with the key concepts of With-Profits products. Understanding how these funds operate will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work with With-Profits funds. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, as proficiency in this tool is crucial for the role. Consider taking an online course or practicing advanced functions to showcase your capabilities.
✨Tip Number 4
Prepare to discuss your analytical approach during the interview. Be ready to share examples of how you've tackled complex problems in previous roles, highlighting your critical thinking skills.
We think you need these skills to ace With Profits Actuarial Analyst
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the With Profits Actuarial Analyst position. Tailor your application to highlight how your skills and experiences align with what Phoenix Group is looking for.
Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have in financial services or similar analytical roles. Mention specific projects or tasks that demonstrate your analytical skills and familiarity with actuarial concepts.
Showcase Communication Skills: Since the role requires communicating technical information clearly, provide examples in your application where you've successfully conveyed complex ideas to non-technical audiences. This could be through presentations, reports, or team collaborations.
Customise Your Application: Make sure to personalise your cover letter for this specific role. Address why you are interested in working for Phoenix Group and how you can contribute to their goals, especially regarding the fair treatment of With-Profits policyholders.
How to prepare for a job interview at Phoenix Group Holdings
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a With Profits Actuarial Analyst. Familiarise yourself with key concepts such as annual bonus rates and market value adjustments, as these will likely come up during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples from your past experience where you've used your analytical skills to solve problems. Be ready to explain your thought process and how you arrived at your conclusions.
✨Communicate Clearly
Since the role requires communicating technical information, practice explaining complex actuarial concepts in simple terms. This will demonstrate your ability to make technical messages accessible to non-experts.
✨Be Ready for Technical Questions
Brush up on your knowledge of Microsoft Excel and any relevant actuarial concepts. You may be asked to solve a problem or analyse data during the interview, so being prepared will help you stand out.
