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For Companies At a Glance
- Tasks: Support the Actuarial Reporting Projects team with exciting change projects and collaboration.
- Company: Join Phoenix Group, the UK's largest long-term savings and retirement business committed to sustainability.
- Benefits: Enjoy a competitive salary, hybrid working, generous leave, and support for your actuarial exams.
- Why this job: Be part of a diverse team making a real impact in the financial sector while growing your career.
- Qualifications: Ideal for part-qualified actuaries with strong analytical skills and good communication.
- Other info: We embrace diversity and offer adjustments throughout the recruitment process.
The predicted salary is between 32000 - 42000 £ per year.
Join to apply for the role at Phoenix Group.
Job Details
- Type: Permanent
- Location: Wythall or Edinburgh offices with hybrid working (50% in-office)
- Salary & Benefits: £40,000 - £50,000 + 8-16% bonus, private medical, 38 days leave, pension, life assurance, career breaks, income protection, volunteering days, actuarial exam support
- Closing Date: 1st June
About Us
Phoenix Group, the UK's largest long-term savings and retirement business, aims to be the best employer for its 6,600 colleagues. We are committed to sustainability and diversity.
Role Overview
Support the Actuarial Reporting Projects team by assisting in change projects including regulatory updates, internal model changes, data migrations, etc. Collaborate across teams, support project planning, testing, stakeholder communication, and process improvements.
Candidate Profile
Essential: Part-qualified actuary with strong exam progress, analytical skills, problem-solving, and good communication.
Desirable: Experience with reporting processes, Solvency II or IFRS reporting, actuarial change delivery, and control frameworks.
Our Commitment
We value diversity and welcome applicants from all backgrounds. Adjustments available for the recruitment process.
Senior Trainee Actuary employer: Phoenix Group
Contact Detail:
Phoenix Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Trainee Actuary
✨Tip Number 1
Familiarise yourself with the latest regulatory updates and changes in Solvency II or IFRS reporting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying current in the actuarial field.
✨Tip Number 2
Network with professionals in the actuarial community, especially those who work at Phoenix Group or similar companies. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during the application process.
✨Tip Number 3
Prepare to discuss specific examples of your experience with actuarial change delivery and project management. Highlighting your analytical skills and problem-solving abilities through real-life scenarios will make you stand out as a candidate.
✨Tip Number 4
Showcase your communication skills by being clear and concise in all interactions with the recruitment team. Whether it's during a phone call or an interview, effective communication is key to demonstrating your fit for the collaborative nature of the role.
We think you need these skills to ace Senior Trainee Actuary
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Senior Trainee Actuary position at Phoenix Group. Tailor your application to highlight how your skills and experiences align with their needs.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in actuarial reporting processes, Solvency II or IFRS reporting, and project management. Use specific examples to demonstrate your analytical skills and problem-solving abilities.
Craft a Strong Cover Letter: Write a compelling cover letter that not only introduces yourself but also explains why you are interested in the role and how you can contribute to the team. Mention your part-qualified status and exam progress to showcase your commitment to the actuarial profession.
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 in the actuarial field.
How to prepare for a job interview at Phoenix Group
✨Showcase Your Analytical Skills
As a Senior Trainee Actuary, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used these skills in past projects or studies, particularly in relation to data analysis and problem-solving.
✨Understand Regulatory Frameworks
Familiarise yourself with Solvency II and IFRS reporting standards, as these are essential for the role. Demonstrating your knowledge of these frameworks during the interview will show that you are well-prepared and understand the industry's requirements.
✨Prepare for Team Collaboration Questions
Since the role involves collaboration across teams, think of instances where you've successfully worked with others. Be ready to discuss how you contributed to project planning and stakeholder communication in previous roles or academic projects.
✨Express Your Commitment to Continuous Learning
As a part-qualified actuary, it's important to convey your dedication to ongoing professional development. Discuss your exam progress and any support you might need from the company, showing that you're proactive about your career growth.
