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SalaryCareer Family, Level & Title : Universal, Actuarial
Job Type : Fixed Term Contract
Hiring Manager : Sneha Patel
Closing Date : 01/04/2024
Actuarial Summer Internship - 3-month Fixed Term Contract
As one of the UK’s Top Employers we’ve 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 that’s where you come in.
Phoenix Group are recruiting for an Actuarial Summer Internship Student to join our team within the Actuarial Services Team. The position will be based in Wythall on a 3 month FTC basis. This vacancy represents an opportunity to join an ambitious organisation, within an ever-changing environment where you will discover the potential to perform and grow.
Key Responsibilities
- Performing high quality analysis and producing accurate output in line with reporting, pricing, or other requirements that apply.
- Ensuring work is documented to the required audit standard.
- Working collaboratively with other teams to deliver the Actuarial and Finance team objectives.
- Delivering all services to business and customers in a timely manner to meet expectations.
- Carrying out routine processes in line with documented procedures, and ensuring documented procedures are kept up to date.
- Applying actuarial judgement to propose process improvements to reduce cost, whilst improving controls and increasing service.
- Escalating risks and issues to line management in a timely manner and assisting with implementation of solution where appropriate.
- Ensuring the integrity of financial data is maintained.
- Actively supporting knowledge management and knowledge sharing within the Actuarial and Finance Departments.
- Actively participating in team meetings and workshops attended.
What We’re Looking For
Key skills/experience required:
- Working knowledge of Microsoft Office.
- Solid mathematical aptitude.
- Awareness of Life Insurance Products.
- Ability to think analytically and should be a problem solver.
- Ability to gather and interpret relevant data and information.
- Ability to prioritise and meet deadlines.
- Ability to communicate complex ideas effectively to both peers and senior management.
What We Offer
Bring your ‘whole self’, skills and dedication to the Phoenix Group and we’ll recognise your effort, support your development and help to drive your ambition. We’ll ensure you’re 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 lifestyle flexible benefits.
Join us and you join a unique organisation. It’s not just the 14 million policyholders we serve, or the £300 billion of assets we look after. Or that we’re a FTSE 100 company that has been listed as one of the UK's Top Employers for nine years running. It’s 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 people’s stories , our values and our commitment to diversity
About Us
Phoenix Group is a member of the FTSE 100 index and is the UK’s largest long-term savings and retirement business. We specialise in the acquisition and management of Heritage life insurance and pension funds. We’ve 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 SunLife’s market leading Guaranteed Over 50’s plan? Find out more about Phoenix Group here .
We value diversity in our workforce and welcome enquiries from everyone.
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