Career Family, Level & Title : Actuarial. Intermediate
Job Type : Fixed Term Contract
Hiring Manager : Sean Treacy
Closing Date : 01/08/2025
Who are we?
We want to be the best place that any of our 7,400 colleagues have ever worked.
We’re the UK’s largest 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 business that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
At Standard Life, we are committed to helping people live a life of opportunity. That's why we encourage initiative and proactive thinking and action. Because there's nothing, we value more than actively facing the future, rather than just looking forward to it. On the way there, exciting tasks and considerable scope for decision-making await you in an international environment.
If you would like to work in a growing, ambitious, and dynamic company, you have come to the right place!
The role
We’re currently recruiting for an Actuary to join our European Actuarial team to provide a professional service applying actuarial, technical & business knowledge to support the delivery of informed & effective decision making in order to deliver the company strategy.
Key Responsibilities
- Calculation, analysis, and review of Solvency II capital resources & requirements in ORSA scenarios, annual business plan (incl. sensitivities), stress and scenario testing, new business results.
- Contributing to the overall business planning, group-wide projects and strategic activities.
- Contributing to the calculation and review of Solvency II capital requirements & balance sheet including analysis of change.
- Developing, building and improving actuarial analysis of financial results and processes.
- Producing papers and reports for senior management and executives as required.
- Leading interactions with the group teams that are responsible for the delivery of the actuarial services.
- Applying commercial understanding of the business to ensure the reasonability of actuarial results/analysis.
- Ability to autonomously perform actuarial analysis and to come up with reasonable ways how to estimate impacts of non-modelled events.
Essential
- Education - Qualified Actuary
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.
Find out more about #LifeAtPhoenix
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us Find out more about Phoenix Flex, our approach to flexible working, here: https://www.thephoenixgroup.com/careers/flexible-working/
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Key Competencies
- Analytical Skills
Use of a variety of diagnostic techniques to understand a situation/issue/problem by breaking it down and tracing the root cause/underlying implications in a methodical step-by-step way
- Commerciality
The ability to be commercially focused at all times.
- Delivering Results
Meeting and exceeding performance goals and expectations to deliver results.
- Embrace Change
Adjusting your behaviour to meet the demands of a changing working environment.
- Generic Technical
Managers to add in specific technical skills required for the role i.e. product knowledge or specific technical knowledge to the role
- Innovation and Creativity
Ability to generate and implement creative solutions and novel ways to achieve goals.
- Market and Industry Knowledge
Knowledge of the markets, competitors, products, services, trends, impacting forces and factors, etc. that make up the industries which Standard Life operates in.
