Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead pricing strategy and high-profile projects in Pensions & Savings.
- Company: Dynamic company offering flexible working and a collaborative culture.
- Benefits: Up to £110,000 salary, 38 days leave, private medical cover, and more.
- Why this job: Make a meaningful impact on innovative financial solutions for customers.
- Qualifications: Qualified Actuary with strong analytical skills and UK Retail Life & Pensions knowledge.
- Other info: Inclusive environment welcoming diverse backgrounds and experiences.
The predicted salary is between 110000 - 110000 £ per year.
Job Type: Permanent
Location: This role could be based in London, Birmingham or our Edinburgh offices with time spent working in the office and from home. For awareness, all current members of the P&S Commercial team are based in Edinburgh.
Flexible working: All 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.
Closing Date: Friday 10th April (23:55)
Salary and benefits: Up to £110,000 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.
Ready to drive meaningful commercial impact? As our Commercial Retail Pensions & Investments Lead, you’ll steer pricing strategy, lead high‑profile projects and work at the heart of Pensions & Savings to deliver smarter, fairer and more innovative outcomes for our customers.
The role works closely with teams across P&S Commercial Finance and Operations, P&S Trading Channels, P&S Product, the Policyholder Investment Office (PIO), Actuarial, Capital and Balance Sheet.
- Retail product pricing: Lead the design and oversight of pricing structures and rates, ensuring they remain fair, competitive and commercially sustainable. Monitor market activity, concessions and repricing. Represent Commercial at Retail forums and provide commercial input to the P&S Pricing Committee. Present at Life Company Board level when required.
- Investment fund pricing: Lead pricing for funds across Retail Pension, Retail Life and Workplace products. Work closely with Product teams and the PIO, including on sustainability‑aligned propositions and the Group’s Future Growth Capital partnership with Schroders. Present proposals to the P&S Pricing Committee and attend the Board Investment Committee when needed.
- P&S management actions: Develop and support initiatives to improve SII Own Funds, IFRS profit and liquidity. Apply strong actuarial or analytical expertise in partnership with the Head of P&S Commercial, supported by evolving MG Alfa models.
- Project delivery: Support and deliver projects across P&S, Finance and the PIO related to Retail products, cross‑channel investment propositions and wider commercial initiatives. Undertake data analysis, develop recommendations and oversee practical implementation. Participate in Steering Committees and working groups, directly or through team delegation.
Essential: Qualified Actuary with strong quantitative and analytical skills, able to apply actuarial judgement to complex commercial, investment and regulatory topics. Strong understanding of the UK Retail Life & Pensions market, including key product features, charging structures, customer needs and the competitive landscape. Working knowledge of investment funds, including structures, charging models, governance and how investment design links to product and customer outcomes. Understanding of Solvency II / Solvency UK and IFRS, including how modelling, management actions and model changes affect capital, liquidity and profit. Advanced critical thinking and judgement, with the ability to navigate ambiguity, challenge assumptions and deliver insight‑driven solutions.
Desirable: Commercial acumen, with the ability to identify value opportunities, balance customer and shareholder outcomes and support sustainable revenue growth. Collaborative working style, partnering effectively across Product, Distribution, PIO, Finance and Actuarial. Clear and influential communication skills, able to simplify complex topics for senior stakeholders, including Executive Committees and Boards.
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.
Commercial Retail Pensions & Investments Lead in London employer: Standard Life (previously Phoenix Group)
Contact Detail:
Standard Life (previously Phoenix Group) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Retail Pensions & Investments Lead in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in the Pensions & Investments space. This will help you tailor your answers and show you're genuinely interested.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills as a qualified actuary can drive commercial impact. Highlight your analytical skills and understanding of the UK Retail Life & Pensions market to stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Commercial Retail Pensions & Investments Lead in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Commercial Retail Pensions & Investments Lead. Highlight your experience in pricing strategy and project delivery, as well as your understanding of the UK Retail Life & Pensions market. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any relevant projects or achievements that showcase your analytical skills and commercial acumen.
Showcase Your Analytical Skills: Since this role requires strong quantitative and analytical skills, make sure to include examples of how you've applied these in previous roles. Whether it's through data analysis or pricing strategies, we want to see your expertise in action!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Standard Life (previously Phoenix Group)
✨Know Your Numbers
As a Commercial Retail Pensions & Investments Lead, you'll need to demonstrate your strong quantitative and analytical skills. Brush up on key metrics related to pricing strategies and market trends in the UK Retail Life & Pensions market. Be ready to discuss how you've applied these skills in past roles.
✨Understand the Market Landscape
Familiarise yourself with the competitive landscape of the retail pensions and investments sector. Research recent changes in regulations, customer needs, and product features. This knowledge will help you articulate how you can drive meaningful commercial impact in the role.
✨Prepare for Scenario Questions
Expect questions that assess your critical thinking and judgement. Prepare to discuss how you would navigate ambiguity or challenge assumptions in complex situations. Use examples from your experience to illustrate your problem-solving abilities and how they align with the company's goals.
✨Communicate Clearly and Confidently
You'll need to simplify complex topics for senior stakeholders, so practice articulating your thoughts clearly. Consider doing mock interviews with a friend or mentor to refine your communication style. Remember, confidence is key, especially when presenting proposals to committees or boards.