ACTUARIAL ASSISTANT MANAGER - Lloyds Banking Group｜Meet.jobs

The Assumptions and Methodology team are a team of technical experts in setting the assumptions and methodologies for valuing the actuarial liabilities of the expand Life, Pensions & Investment business in respect of all bases. 

Within the team, you’ll have a role that matters; as Assistant Actuarial Manager within the Capital Team within Assumptions & Methodology. You’ll be part of a small team which focuses on the assumptions and methodologies that inform the Solvency II Internal Model Solvency Capital Requirement (SCR). 

You’ll be involved in the following area ensuring risks contained within the Internal Model are calibrated and approved as fit for use through the Model Governance Process, maintaining and developing actuarial methodologies to enable Insurance risks to be appropriately modeled and setting appropriate parameters/assumptions for use in the Solvency II Internal Model. 

You’d ensure that regulatory requirements can be fulfilled and support the production of high quality Board papers in relation to assumptions and methodologies, including ‘deep dive’ sessions for the Risk Oversight Committee (ROC) on key features of the Internal Model. Planning the annual review cycle of Internal Model assumptions to ensure that deliverables and deadlines are efficiently met and expectations of stakeholders are suitable managed, engaging and managing relationships with senior stakeholders and the Finance Director 

You’ll be a nearly/newly qualified actuary with technical knowledge and experience within the Life Insurance industry. You’d hold excellent communication skill, both written and verbal. Ideally you will have experience of risk calibrations and Solvency II regulations, however not essential 

Being a part of Lloyds Banking Group offers opportunity for progression and development, so if you’re looking to work for one of the largest Financial Services organisations in the UK appeals, based at our attractive offices at Bristol, Harbourside and you’ve the skills and knowledge and drive we’re seeking then click “apply” - we’d like to hear from you. 

We have a long track record in flexible working and we’re always open to new ways to improve our people’s work-life balance. Discover a culture that values you and empowers you to make a difference 

In return we’ll offer you a competitive package which includes salary, bonus, generous pension contribution, a study package if required and flex cash to spend on a host of benefits to suit your lifestyle.

 

Our vision of being the best bank for customers is dependent on every colleague committing to and demonstrating our core value of "putting customers first". In joining us you'll have a role that matters and will contribute towards the Group achieving our vision through your day-today actions being performed in line with our Codes of Responsibility and Group Policies. By individually and collectively committing to our Group values and codes, we will be able to make a difference together and help Britain prosper.

We're also committed to employing a diverse and inclusive workforce, reflective of the customers and communities we serve – where all our colleagues can be themselves and succeed on merit.

We're proud to have received the following industry recognition: 'Stonewall Top Private Sector Employer', 'Top10 Employer for Working Families', 'The Times Top 50 Employer for Women' and both 'Gold Standard' and "Best Workplace Adjustments Process" from the Business Disability Forum – each demonstrating our commitment to the principles of agile working and inclusion for all.

So if this sounds like a culture that you'd like to be a part of then be assured that we'll welcome your application.