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Actuary (Manager/Consultant)

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End date

Tuesday 06 May 2025

Salary range

£87,552 - £97,280

We support agile working

Click here for more information on agile working options.

Agile Working Options

Job Share; Flexibility in when hours are worked; Hybrid Working

Job description

JOB TITLE: Actuary (Manager/Consultant)

LOCATION(S): Edinburgh, Bristol or London

SALARY: £87,552 - £97,280

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in one of our above office sites
 

About this opportunity

Are you a Qualified Actuary looking to make a difference with your expert knowledge of Methodology and Regulations? Join us in crafting the future of our business by creating innovative Actuarial methodology documentation that meets regulatory standards and drives strategic transformation!

As a key player in our team, balancing time between ensuring regulatory compliance and driving methodology changes is crucial.
 

Day to day you’ll be;

  • Co-ordinating and conducting cyclical reviews and updating methodology documents.
  • Providing advice to update methodology documents which require specialist expertise.
  • Building and maintaining a new methodology and model inventory to support the cyclical review methodologies and models.
  • Monitor regulatory updates and identify methodologies which need updating in conjunction with proposing and delivering new methodologies for emerging regulatory change.
  • Management of PRA relationship and coordination of engagement (MMCs, change logs, engagement plan), chasing teams for PRA advice.
  • Supporting baselining queries and activities.

About us

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.
 

What you’ll need

  • Qualified Actuary with post qualification experience.
  • Deep Understanding of Solvency II/Solvency UK Rules: Crucial for ensuring compliance and accuracy in financial reporting.
  • Knowledge of IFRS-9 and IFRS-17: Preferred, as it will improve your ability to contribute to our overall methodologies suite.
  • Ability to deliver projects within set timelines, ensuring efficiency and effectiveness.
  • Excellent Communication Skills: Both written and verbal, to optimally convey sophisticated information to various collaborators.
  • Collaborator Management: Experience working with Risk and Auditors, ensuring smooth collaboration and compliance.
     

About working for us

Our focus is to ensure we're inclusive every day, and build an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of

background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it’s why we especially welcome applications from under-represented groups.

We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
 

We also offer a wide-ranging benefits package, which includes:

  • A generous pension contribution of up to 15%
  • An annual bonus award, subject to Group performance
  • Share schemes including free shares
  • Benefits you can adapt to your lifestyle, such as discounted shopping
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies
     

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.
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At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.