Phoenix Graduate Trainee Actuary 2025

We have an incredible opportunity to join us here at Phoenix Group as a Graduate Trainee Actuary in either Edinburgh or Birmingham

The Opportunity

We’re the UK’s largest long-term savings and retirement business and we want to be the best place that any of our 6,600 colleagues have ever worked.

We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

As a Graduate Trainee Actuary you will have the opportunity to rotate around a number of different teams in the company, building essential skills and gaining a wide range of experience. You could be involved in developing and delivering the investment strategy, pricing products, analysing mortality experience, or modelling the different risks faced by the business.

Alongside this we will support you to becoming a Fellow of the Institute and Faculty of Actuaries (IFoA). This support includes paid leave to study, funding of revision materials and tutorials, as well as mentoring from a qualified actuary in the company.

We also know that being an Actuary is about more than just technical knowledge and so your personal growth story will include developing professional and soft skills alongside your qualification.

What are we looking for?

This is a great opportunity for someone with a highly numerate, analytical mind to progress their career within a market leading organisation. We’re looking for passion, curiosity and the ability to problem solve. We aren’t expecting you to have the experience and knowledge from day one, and we’re here to support you.

We are looking for candidates who are on track to achieve or have recently obtained:
• At least a 2:1 degree, or post-graduate qualification, in an analytical subject such as Mathematics, Scientific or Economics-based areas.
• At least a B in Mathematics at A-level, Scottish Higher or equivalent

We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

Applications close: Midnight 27th October 2024

Application review: On a rolling basis

First stage telephone interviews : W/C 28th October - 15th November 2024

Assessment Centres: End of November/ Early December

Hires made: Early December

Benefits

Our Actuarial teams adopt a hybrid way of working with a mix of office and home working.

Salary and benefits:
• £35,100 plus 8% bonus up to 16%,
• Private medical cover
• 38 days annual leave
• Excellent pension
• 12x salary life assurance
• Career breaks
• Income protection
• Full funding of Actuarial Exams
• 3x volunteering days and much more.

About Phoenix

Phoenix Group is the UK’s largest long-term savings and retirement business. We want to be the best place that any of our 6,600 colleagues have ever worked!

We work in partnership with Connectr, a social enterprise delivering agile talent acquisition services for companies that embrace the value of different.