Phoenix Group

1 day ago

Lead Senior Actuary

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 15 hours agoStatus: Live

Job Summary

Lead independent Line 2 oversight of the group’s balance sheets within the Balance Sheet & ALM Oversight team. Provide strategic advice, constructive challenge, and executive-ready opinions on complex financial risk matters, shaping the risk framework, risk appetite, and oversight model. Oversee areas including asset-liability management, hedging, Matching Adjustment, Solvency UK, UK GAAP, IFRS 17, liquidity, capital management, and climate-related financial risks while building team capability.

Location: London, Edinburgh

Workplace: Hybrid

Employment Type: Full time · Permanent

Job Function: Insurance & Actuarial

Seniority: Manager level

Key Responsibilities

•Lead Line 2 oversight of the group’s balance sheets and long-term financial strategy, providing senior advice, guidance, and independent challenge.
•Direct proportionate, risk-based oversight activities so focus targets the most material balance sheet risks, decisions, and transactions.
•Provide judgement-led opinions on material business decisions, balancing risk appetite, financial resilience, commercial opportunities, and long-term value.
•Influence and constructively challenge executive-level decisions using deep technical expertise, senior relationships, and external market insight.
•Provide technical and people leadership across the team and produce high-quality executive-level reports, opinions, and decision-ready insights independently.

Pay and Benefits

Salary: GBP 150,000 annually

Perks:Private MedicalAnnual LeavePensionLife AssuranceIncome ProtectionVolunteering Days

Key Requirements

•Qualified actuary with significant experience in a life insurer, regulator, consultancy, or reinsurer, including experience at senior leadership level.
•Excellent understanding of life insurance products, particularly PRT and annuities, alongside Solvency UK, IFRS 17, UK GAAP, business planning and balance sheet management.
•Extensive technical expertise across balance sheet modelling, solvency and liquidity analysis, asset-liability management, hedging, Matching Adjustment and climate-related financial risks.
•Proven ability to lead financial risk oversight, including shaping risk frameworks, setting risk appetite and providing independent challenge on complex strategic issues.
•Strong commercial judgement and communication skills to explain complex financial concepts clearly for executive and Board-level decision-making.

Experience:Life insuranceRegulatoryConsultingReinsuranceSolvencyRisk management

Education:Certification / Diploma

Skills:Strategic adviceIndependent challengeTechnical judgementStakeholder influenceCommunication

Tech Stack:IFRS 17UK GAAPSolvency UKAsset-liability managementMatching AdjustmentLiquidity

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

Glassdoor: 3.8

Website LinkedIn Glassdoor

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Phoenix Group

1 day ago

Lead Senior Actuary

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 15 hours agoStatus: Live

Job Summary

Location: London, Edinburgh

Workplace: Hybrid

Employment Type: Full time · Permanent

Job Function: Insurance & Actuarial

Seniority: Manager level

Key Responsibilities

•Lead Line 2 oversight of the group’s balance sheets and long-term financial strategy, providing senior advice, guidance, and independent challenge.
•Direct proportionate, risk-based oversight activities so focus targets the most material balance sheet risks, decisions, and transactions.
•Provide judgement-led opinions on material business decisions, balancing risk appetite, financial resilience, commercial opportunities, and long-term value.
•Influence and constructively challenge executive-level decisions using deep technical expertise, senior relationships, and external market insight.
•Provide technical and people leadership across the team and produce high-quality executive-level reports, opinions, and decision-ready insights independently.

Pay and Benefits

Salary: GBP 150,000 annually

Perks:Private MedicalAnnual LeavePensionLife AssuranceIncome ProtectionVolunteering Days

Key Requirements

•Qualified actuary with significant experience in a life insurer, regulator, consultancy, or reinsurer, including experience at senior leadership level.
•Excellent understanding of life insurance products, particularly PRT and annuities, alongside Solvency UK, IFRS 17, UK GAAP, business planning and balance sheet management.
•Extensive technical expertise across balance sheet modelling, solvency and liquidity analysis, asset-liability management, hedging, Matching Adjustment and climate-related financial risks.
•Proven ability to lead financial risk oversight, including shaping risk frameworks, setting risk appetite and providing independent challenge on complex strategic issues.
•Strong commercial judgement and communication skills to explain complex financial concepts clearly for executive and Board-level decision-making.

Experience:Life insuranceRegulatoryConsultingReinsuranceSolvencyRisk management

Education:Certification / Diploma

Skills:Strategic adviceIndependent challengeTechnical judgementStakeholder influenceCommunication

Tech Stack:IFRS 17UK GAAPSolvency UKAsset-liability managementMatching AdjustmentLiquidity

Company Brief

Phoenix Group

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

Glassdoor: 3.8

Website LinkedIn Glassdoor