Reassurance Projects Accountant

Ref: 3716

About the Role

Reassurance is an ever-evolving department responsible for managing financial relationships with Re-assurers and Outsource Service Providers; supporting company-wide projects and initiatives, providing oversight and MI; working closely with other departments and administering material contracts on a day to day basis.

We are looking for an individual with accounting experience who is looking for opportunities to support high profile projects and change programmes, as well as being flexible in their approach to supporting departmental processes and BAU initiatives.

Requirements

With strong analytical and accountancy skills, ideally coupled with prior project management experience you will possess the ability to prioritise and multitask, you must be experienced in identifying and investigating queries/issues within a fast paced environment and recognise the need for delivering work to tight deadlines. As an excellent communicator, you should be able to demonstrate proven time management and organisational skills, along with a high degree of PC literacy, including proficiency in Microsoft Word and Excel applications.

About us

Phoenix Group is the largest specialist consolidator of heritage life assurance funds in Europe. Our main focus is on closed life fund consolidation where we specialise in the acquisition and management of closed life insurance and pension funds. We call this our Heritage business. Alongside this, we have an open business which manufactures and underwrites new products and policies to support people saving for their future in areas such as workplace pensions and SIPPs. This open business is underpinned by a strategic partnership with Standard Life Aberdeen plc following our acquisition of Standard Life Assurance Limited in 2018. 

We also have a market leading brand - SunLife - which sells a range of financial products specifically for the over 50s market. In total the Group has over 10 million policyholders and £240 billion of assets and we have operations in the United Kingdom, Ireland and Germany. The Group has five operating life companies which hold policyholder assets and a distribution business, SunLife. 

We believe the insurance industry is bifurcating and splitting into 'capital heavy' insurance specialists who will continue to underwrite and administer insurance products and 'capital light' firms who will concentrate on sales and distribution.  Phoenix's vision is to be Europes Leading Life Consolidator in this bifurcating market which we estimate has a market size of £540 billion across the UK, Germany and Ireland.