Risk Analyst

Phoenix Group

Location: London
Salary: £40,000
Closing Date: 11 June 2021
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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

Up to £40,000 + Bonus & Benefits      

As one of the UKs Top Employers weve 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 thats where you come in.

Were currently recruiting for a Risk Analyst to join our Open Division, Line 1 Risk team to provide a highly professional risk and governance service applying technical & business knowledge to aid senior management decision making and to lead others in all Line 1 Risk activity.

Our team mission holds that risk management is about being fearlessly honest with ourselves, challenging what we think we know, to deliver a better outcome for the customer. You will manage the administration of the Open Division Risk Forum to help our leadership team deliver those great customer outcomes in a self-aware risk-taking culture. You will work with a diverse group of stakeholders at all levels of the organisation and build networks and skills that will be invaluable in your future career at Phoenix.

Key Responsibilities

Full secretariat support to the Open Division Risk Forum, our key risk governance committee.

Contribute to risk reporting on risks to the Group, the effectiveness of the Risk Management Framework, risk exposures against appetite, and the appropriateness of actions taken to manage risk exposures and breaches of appetite.

Produce meaningful analysis of data that is complete, accurate and produced on a timely basis. 

Build relationships with Risk peers to support the implementation of an effective Risk Management Framework for the Group.

Conduct analysis, implementation and monitoring of efficient oversight processes, including documenting the processes and roles and responsibilities of different areas involved.

Managing ad hoc administrative tasks supporting and delegated from the Head of Risk and Risk and Governance Manager.

The role may involve some diary/email management for the Head of Risk.

What Were Looking For


Experience of providing full leadership meeting secretariat coordinating papers, minuting, managing actions - (ideally Risk Forums/Committee)

Preparation of risk-based Management Information

Extensive experience of retirement or savings products  


Writing and presenting risk reports to senior stakeholders.

Experience of SMCR and associated work to help Senior Management Function holders manage their duties.

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. Well ensure youre 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 lifestylexx flexible benefits. 

Join us and you join a unique organisation. Its not just the 14 million policyholders we serve, or the £300 billion of assets we look after. Or that were a FTSE 100 company that has been listed as one of the UK's Top Employers for nine years running.  Its our talented, inclusive and diverse workforce that makes us a success.  We offer flexible working opportunities ensuring we attract and retain the very best of talent. Find out about more about our peoples stories, our values and our commitment to diversity.

Online Interviews and Onboarding

All our interviews, onboarding and new joiners are now managed remotely.  We have in place a strong virtual support network to ensure new colleagues are supported and developed as they navigate their first few months with us.

About Us

Phoenix Group is a member of the FTSE 100 index and is the UKs largest long-term savings and retirement business. We specialise in the acquisition and management of Heritage life insurance and pension funds. Weve 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 SunLifes market leading Guaranteed Over 50s plan? 

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


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