Review Actuary - #1718249

Job Type:  Permanent 

Location: This role is based out of our Birmingham office, on a hybrid basis.  

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. 

Salary and benefits:  £65,000 to £80,000 per annum plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

Closing Date: Friday 30th May

Who are we? 

We want to be the best place that any of our 6,600 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 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’re currently recruiting for a Review Actuary to join our Actuarial Review team within the Group Reporting and Tax team. You will provide a professional service applying actuarial technical knowledge & business knowledge to support the delivery of informed & effective decision making in order to deliver the company strategy. 

In this role, you will become an expert in actuarial reporting across the Phoenix business and will help produce and review the diversified risk capital results on a SII basis using the proxy model. You will be a key subject matter expert and will have the opportunity to work with people throughout the business on a key business line and on projects given the significant change agenda within Phoenix. You will also work with the Financial Planning team to ensure that changes impacting the funds from around the business are allowed for appropriately to feed into wider business decisions are taken. 

What are we looking for?

• A qualified or newly qualified actuary with experience in actuarial reporting, or other life actuarial disciplines.


• Knowledge of SII reporting is desirable.  Prior use of proxy models is useful but not a requirement.


• Knowledge of reporting on a range of product lines, including annuity, bulk annuity, unit-linked and with-profits is desirable. 


• Experience delivering consistent quality work within fixed and often tight deadlines is also highly relevant to the role.


• Experience in working in a team and demonstrating the ability to work with and support colleagues.


• Someone who has experience of developing processes and improving controls. 


• Someone who is keen to learn quickly in a changing environment having a strong appetite for change and experience of driving continuous improvement will fit well with the role.


• The role will require a mix both technical and communication skills and someone who works well in a team. 

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