Reinsurance Actuary, Commercial

Job not on LinkedIn

🕒 March 31

🏢🏡 London – Hybrid

💵 £85k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

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Logo of Phoenix Group

Phoenix Group

WebsiteLinkedIn

5001 - 10000 employees

💸 Finance

👥 B2C

🤝 B2B

Finance • B2C • B2B

Phoenix Group is a UK-based long-term savings and retirement business that provides pensions, life insurance, savings and investment solutions through a family of brands (Standard Life, SunLife, Phoenix Life, ReAssure, Phoenix Wealth, Phoenix CIS). Serving around 12 million customers and employing roughly 6,600 people, it manages assets and delivers bespoke corporate investment services for workplace pension schemes and master trusts, while focusing on retirement readiness, sustainable investing and corporate governance. The Group announced a name change to Standard Life plc in 2026.

📋 Description

• Supporting the delivery of reinsurance solutions for our Retirement Solutions business • Performing analytical analysis to check the commercial viability of prospective longevity swap and funded reinsurance transactions • Supporting the negotiation, documentation and governance required to on-board new arrangements • Enhancing and embedding streamlined processes and delivering efficiencies across all reinsurance activity • Expanding reinsurance capabilities and supporting strategic projects

🎯 Requirements

• Newly Qualified Actuary • Technical aptitude and strong analytical skills (data manipulation and cashflow modelling) with keen eye for detail • Knowledge of the BPA market, longevity underwriting or previous experience in insurance/reinsurer/DB de-risking • Demonstrated ability to build and maintain quality stakeholder relationships • Commercial knowledge of pension de-risking products including bulk annuities and longevity swaps would be desirable

🏖️ Benefits

• c.£85,000 (newly qualified Actuary and competitive subject to experience) + bonus • excellent pension scheme • private medical insurance • electric vehicle scheme • 38 days holiday incl. Bank Holidays plus 12x salary life assurance • career breaks • income protection • 3x volunteering days and much more.

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