Actuary

Phoenix Group
Edinburgh
Workplace: HybridContractGBP 56,200 - 89,900Function: Insurance & ActuarialSkills: ["Collaboration","Communication","Stakeholder management","Problem-solving","Analytical thinking"]

Analyse and validate model changes as part of the MMC3 programme, supporting a major regulatory and business transformation. Investigate complex actuarial issues and help deliver enhancements to the Internal Model across multiple workstreams. Apply actuarial expertise to assess model impacts, review changes, and ensure high-quality project outcomes while influencing stakeholders through clear communication of technical findings.

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Phoenix Group
Phoenix Group
2 days ago

Actuary

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 7 hours agoStatus: Live

Job Summary

Analyse and validate model changes as part of the MMC3 programme, supporting a major regulatory and business transformation. Investigate complex actuarial issues and help deliver enhancements to the Internal Model across multiple workstreams. Apply actuarial expertise to assess model impacts, review changes, and ensure high-quality project outcomes while influencing stakeholders through clear communication of technical findings.
Location: Edinburgh
Workplace: Hybrid
Employment Type: Contract · 12 months
Job Function: Insurance & Actuarial

Key Responsibilities

  • •Analyse and validate model changes across multiple workstreams and stakeholder groups.
  • •Investigate complex actuarial issues and support decision-making using actuarial expertise.
  • •Help deliver enhancements to the Internal Model and ensure high-quality project results.
  • •Review test outcomes, perform impact assessments, and validate model changes.
  • •Produce and communicate clear technical findings to influence stakeholder outcomes.

Pay and Benefits

Salary: GBP 56,200 - 89,900
Perks:Private MedicalAnnual LeavePensionLife AssuranceIncome ProtectionVolunteering Days

Key Requirements

  • •Qualified Actuary with experience in actuarial modelling, reporting or capital management within a life insurance environment.
  • •Strong understanding of Solvency II/Internal Model methodology and key drivers of balance sheet and capital results.
  • •Demonstrable experience analysing model outputs and investigating complex actuarial problems.
  • •Experience supporting actuarial change projects, including test review, impact assessment and validation of model changes.
  • •Ability to work collaboratively across teams and communicate technical findings clearly to influence stakeholders.
Experience:Life insurance
Skills:CollaborationCommunicationStakeholder managementProblem-solvingAnalytical thinking
Languages:English
Tech Stack:Solvency IIInternal Model

Company Brief

Phoenix Group
A UK long-term savings and retirement business operating brands including Standard Life, SunLife, Phoenix Life and ReAssure, managing pensions, annuities and wealth solutions with c.12 million customers and large assets under administration.
Industry: Wealth Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1782
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