Pricing Development Lead

Phoenix Group

Location: London
Salary: 70,000
Closing Date: 18 January 2022
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All applicants must be based in the UK and confirm that they are able to prove their eligibility to work in the UK.

Job Description

We support hybrid and flexible ways of working, and would welcome discussion on how we can enable you to thrive in your role.

We are committed to promoting equality in the workplace and creative and inclusive and flexible culture & one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our customers and clients.

As one of the UK's Top Employers, we've brought together businesses with long, successful histories and many strengths. More than ever, people need help and guidance from a company which is simple to deal and who they trust. And that's where you come in.

Helping our customers make the right financial choices as they plan for a better future means that we need to attract, retain and motivate the very best people in the market. We know great people have even great choices when it comes to their career. At Phoenix Group we can offer you a career opportunity second to none with a successful, innovative and growing long term savings and retirement business. Our people are our most important asset.

We're currently recruiting for a Pricing Development Lead to join our Individual Annuity Business 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

- Contribute to the specification, development and testing of complex propositions or numerical models, analysing a range of business data, making recommendations to Senior Actuaries and/or senior management to support decision making.

- Lead, develop, coach and mentor actuarial trainees and analysts as required to maximise their contribution and ensure they are fairly rewarded.

- Contribute to the preparation of papers and reports for senior management and executives as required, with suitable supervision.

- Lead small scale projects or elements of large scale more complex (12 months plus duration) projects to support the business.

- Act as actuarial subject matter expert on strategic business or Group level projects to ensure specialist input is provided to business decision making.

- Continually look to enhance processes and procedures to deliver effective solutions for the business.

- Provide technical leadership in key areas of expertise and represent business areas appropriately within cross-divisional projects.

- Apply a high level of knowledge and understanding of technical software, regulation, proposition, systems and processes and changes in the external market place as relevant for role.

- Maintaining up to date regulatory, business & professional knowledge in an environment of fast moving regulatory change.

- Maintaining breadth and depth of technical understanding to meet Continuing Professional Development requirements.

- Applying commercial understanding of the business to ensure financial, business & actuarial advice is aligned with the business needs.

- Balancing business demand, issues and risks by applying sound judgement in complex scenarios, often with considerable uncertainty.

What was Looking For

- An experienced actuary either through qualifications or experience.

- Experience of UK life insurance business, including exposure to liability and capital modelling, reinsurance and investment strategy.

- Practical experience of actuarial modelling, including development of models for bespoke projects and exercises, and application of actuarial methodologies for setting assumptions.

- Strong problem solving and analytical skills, and the ability to work quickly and accurately with a high attention to detail.

- The ability to deliver in a high pressure environment whilst maintaining accuracy and quality.

- Excellent communication skills, including experience of interacting with a wide range of stakeholders.

- Very self-aware with the desire to exceed expectations and demonstrate resilience in overcoming challenges and determination to deliver results for the business.

What We Offer

Bring your whole self skills and dedication to the Phoenix Group and well recognise your effort, support your development and help to drive your ambition. We will ensure you're rewarded for your contribution with a competitive package that includes an attractive pension, annual bonus potential, private medical insurance, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestylex flexible benefits.

About Us

Phoenix Group is a member of the FTSE 100 index and is the UK's largest long-term savings and retirement business. We specialise in the acquisition and management of Heritage life insurance and pension funds. We've businesses in the UK, Germany and Ireland and hold a broad range of both Heritage and Open products split across three key business segments: UK Heritage, UK Open and Europe. Our open business manufactures and underwrites new products and policies to support people saving for their future in areas such as workplace pensions and SIPPs, primary under the Standard Life brand. And we market corporate pension trustee services and manufacture products to be sold under other brands. Did you know Phoenix Life manufactures Sun Lifes market-leading Guaranteed plan? Find out more about Phoenix Group here.

We value diversity in our workforce and welcome enquiries from everyone.


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