Senior Internal Audit Manager - Actuarial

Full job description
We have an incredible opportunity to join us here at Phoenix Group as a Senior Internal Audit Manager -Actuarial and Model Risk, to join our Group Internal Audit (GIA) team.


.Job Type: Permanent


Location: Edinburgh, Birmingham or London on a Hybrid basis, with normally a minimum of 2 days a week working in the office and the rest working at home


Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.


Closing Date: 8th August 2026 (23:59)


Salary and benefits: £95,000 to £110,000 plus an indicative bonus range of 30%-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.


Who are we?

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

The role

As a Senior Internal Audit Manager, you will have the opportunity to make a real difference to Phoenix by providing strategic assurance and influential insight which challenges the effectiveness of the risk, governance and control environment, across the group. You will lead a team of Internal Audit Managers and Auditors to deliver a portfolio of audits and oversee Management Action verification. You will also support ad-hoc projects over a variety of areas focusing on key outcomes aligned to the group’s strategy, core social purpose and aligned to GIA’s strategic vision.

You will have the opportunity to make an immediate impact, establishing influential relationships with a wider range of senior stakeholders and demonstrating your ability to generate trust, provide insight and adapt to gain buy in. Working for a large organisation like Phoenix can seem daunting at first – fear not! Whilst this is an autonomous role, you will be a key member of our leadership team. We have a lean structure, and you will have the guidance and support from the rest of the team, with access to a wide range of skills and experience for support across Group Internal Audit.


What are we looking for?


A Qualified Actuary (IFoA)

Previous experience of Internal Audit or Line 2 Risk Management within the Life Insurance industry.

Knowledge of Internal Models, matching adjustments, valuation approaches and model risk would be an advantage.

Experience of project management and time management, delivering to agreed timescales

Excellent senior stakeholder management and communication skills, knowing your audience, building trust and making an impact by challenging the status quo.