Portfolio Analyst London 2023

As one of the UK’s Top Employers we have 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.

The Role

We are recruiting for a Portfolio Analyst to join our Asset Liability Management (ALM) team in Phoenix Asset Management.

In this role you provide quantitative modelling and management information for the ALM team to manage market and credit risks of the Phoenix investment portfolio.

You will also actively be contributing to the further development of processes and tools for ALM, by automating, simplifying and extending existing processes and support strategic initiatives with data and modelling expertise.

In your role you will collaborate closely with a range of colleagues in Phoenix Asset Management (e.g. Portfolio Managers, Middle Office, Quantitative Analysts) and in other functions, including Finance, Actuarial and IT.

Key Responsibilities

• ALM Modelling – source, validate and consolidate data for ALM modelling and reporting; perform ALM model calculations using a range of existing in-house and external tools.
• Management Information and Reporting – produce monthly reports to monitor risk and compliance with regulatory requirements (e.g., Matching Adjustment portfolio tests)
• Portfolio Analysis – produce quantitative analyses to manage and hedge market and credit risk.
• Data Management – work with experts in Middle Office and Enterprise Architecture to set up appropriate data structures and processes for ALM
• Process Improvement – identify areas of simplification or automation and work with relevant experts in designing and implementing appropriate solutions making ALM processes better and more efficient
• Support Strategic Initiatives – build prototype reports and tools that can be used for testing and specification of strategic ALM solutions

What We’re Looking For

You are a numerically versed problem solver, inquisitive and proactive, with a drive to challenge and change the status quo. You do not have to be an ALM or insurance specialist, but the the role will require you to pick-up quickly key concepts in ALM and insurance balance sheet management.

The role is ideal for someone in their early career looking to consolidate their skills via hands on experience in managing and building processes, approaches and tools managing investments from an ALM perspective.

The ideal candidate is studying to towards a professional qualification in Finance, Accounting or Actuarial Sciences (e.g. CFA) and has some previous expertise working with financial data and models at a major financial institution.

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 offerflexible 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 Grouphere.

We value diversity in our workforce and welcome enquiries from everyone.