Calculations Specialist - Rectification - #1784615
Phoenix Group
Date: 7 hours ago
City: Edinburgh
Contract type: Full time
Work schedule: Full day

Job Description
Job Type: Permanent
Location: Edinburgh
Salary: Up to £45,000 dependent upon experience
Closing Date: 7th July
The role
Proposition Operations (POps) is responsible for ensuring the accuracy of customer calculations across all our regulated products. We are looking for a detail-oriented and analytical individual to join us as a Calculation Specialist in a team that builds and maintains complex manual calculation models to support customer rectifications.
Ideally suited to a part-qualified actuary who enjoys solving numerical problems and collaborating with actuarial, operations, and customer service teams to deliver accurate and fair outcomes.
You will design, test, and implement bespoke calculation models for the rectification of customer policies. The role also involves working closely with internal and external stakeholders to ensure calculations within our pension and savings systems are correct.
What We’re Looking For
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
Job Type: Permanent
Location: Edinburgh
Salary: Up to £45,000 dependent upon experience
Closing Date: 7th July
The role
Proposition Operations (POps) is responsible for ensuring the accuracy of customer calculations across all our regulated products. We are looking for a detail-oriented and analytical individual to join us as a Calculation Specialist in a team that builds and maintains complex manual calculation models to support customer rectifications.
Ideally suited to a part-qualified actuary who enjoys solving numerical problems and collaborating with actuarial, operations, and customer service teams to deliver accurate and fair outcomes.
You will design, test, and implement bespoke calculation models for the rectification of customer policies. The role also involves working closely with internal and external stakeholders to ensure calculations within our pension and savings systems are correct.
What We’re Looking For
- Proven experience building complex manual calculation solutions using Microsoft Excel, including advanced functions and VBA
- Familiarity with Life and Pensions products is essential, particularly in the context of pricing concepts, product-related calculations and underlying investment characteristics. Additional knowledge of SQL is advantageous
- Strong numerical and analytical skills with the ability to interpret complex data and develop accurate, practical calculation models
- Experience in test planning and execution to ensure efficient and targeted testing coverage for calculation models and rectification processes
- Ability to work closely with stakeholders to gather requirements and ensure solutions are fit for purpose
- Skilled in documenting and clearly communicating calculation logic and outcomes
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
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us
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