At a Glance
- Tasks: Lead a team of actuaries in delivering financial reporting and regulatory compliance.
- Company: Join Phoenix Group, a leading FTSE 100 firm focused on long-term savings and retirement.
- Benefits: Enjoy flexible working, generous annual leave, private medical cover, and a strong pension scheme.
- Why this job: Be part of a transformative team making a real impact on financial reporting and sustainability.
- Qualifications: Qualified Actuary with significant experience in actuarial reporting and team leadership.
- Other info: We embrace diversity and welcome applicants from all backgrounds.
The predicted salary is between 80000 - 120000 £ per year.
Job Type :Permanent
Location: Edinburgh, Birmingham or London
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 : Friday 4th July
Salary and benefits: £100,000 – £140,000 plus an indicative bonus range of 30%-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
We have an incredible opportunity to join us here at Phoenix Group as a Head of Actuarial Reporting – WP to join our actuarial reportingteam.
Who are we?
We want to be the best place that any of our 6,600 colleagues have ever worked.
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
We are recruiting for a Senior Leader role within the Actuarial Reporting team. This role will support the With Profits area of the business. The role will be to lead a group of experienced actuaries to deliver the financial reporting on a SII, UKGAAP and IFRS basis.A major element will be the delivery of the required regulatory reporting for the specific lines of business and also support the respective business unit in the delivery of internal and external reporting information.
In addition, there is an important role in developing the reporting capability of the team and function by supporting the Reporting and Analytics finance transformation project to deliver a more efficient and automated reporting process for the future. In addition, as we move from a structure that has recently relied on consultant and contractor resource, the development of the team is critical to the success of the team and this role will be key in doing that.
What are we looking for?
- Qualified Actuary with significant post qualified experience
- Experience in an actuarial reporting environment with knowledge of with-profits products and how they operate.
- Experience of different actuarial reporting metrics and the concepts and techniques in performing a valuation
- Experience of delivering transformation and change within an actuarial reporting environment
- Experience of leading a team of qualified actuaries, developing the team and individual capability
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.
Find out more about #LifeAtPhoenix
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues:
#LI-SM1
#LI-Hybrid
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Head of Actuarial Reporting - WP employer: Phoenix Group
Contact Detail:
Phoenix Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Actuarial Reporting - WP
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in with-profits products. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Phoenix Group.
✨Tip Number 2
Familiarise yourself with the latest regulatory requirements and reporting standards relevant to the role, such as SII, UKGAAP, and IFRS. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your experience in leading teams and driving transformation within an actuarial reporting environment. Be ready to share specific examples of how you've developed team capabilities and improved reporting processes in your previous roles.
✨Tip Number 4
Research Phoenix Group's initiatives, particularly their focus on transitioning to net zero by 2050. Understanding their strategic goals will allow you to align your responses during the interview and show how your values match the company's mission.
We think you need these skills to ace Head of Actuarial Reporting - WP
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an actuary, particularly your post-qualified experience and any relevant work in actuarial reporting environments. Emphasise your leadership skills and experience in developing teams.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the requirements of the Head of Actuarial Reporting role. Discuss your experience with with-profits products, transformation projects, and how you can contribute to the team’s success.
Showcase Relevant Achievements: In your application, include specific examples of your achievements in actuarial reporting, such as successful transformations or improvements in reporting processes. Quantify your successes where possible to demonstrate your impact.
Highlight Your Commitment to Diversity: Phoenix Group values diversity and inclusion. In your application, mention your commitment to creating an inclusive environment and how your unique experiences can add value to the team.
How to prepare for a job interview at Phoenix Group
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid understanding of the Head of Actuarial Reporting role. Familiarise yourself with the key responsibilities, especially around financial reporting and regulatory requirements. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Leadership Skills
As this is a senior leadership position, be prepared to discuss your experience in leading teams of actuaries. Share specific examples of how you've developed team capabilities and driven transformation within an actuarial environment.
✨Demonstrate Knowledge of With-Profits Products
Since the role supports the With Profits area, ensure you can discuss your knowledge of with-profits products and the actuarial metrics involved. Highlight any relevant experience you have in this area to show your expertise.
✨Prepare Questions About Company Culture
Phoenix Group emphasises a supportive work environment and flexibility. Prepare thoughtful questions about their culture, values, and how they support employee development. This shows your interest in being part of their team and aligns with their commitment to inclusivity.