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Agile Working Options

Flexible / Variable Hours, Other Agile Working Arrangements / Open to Discussion

Job Description Summary

Provide insightful, high quality complex output, advice and guidance executing control and tailored to senior stakeholder needs: either through managing a team; and/or operating as a functional specialist.

Job Description

At Lloyds Banking Group, we have a clear purpose: Helping Britain Prosper and becoming the best bank for customers, colleagues and shareholders. What we do makes a genuine difference to families, businesses and communities. Finance is key to that success by securing and building the financial strength and performance of the Bank.

You’ll be joining us in Insurance Finance, within the Credit and Actuarial Development Team. We’re responsible for how we value, assign credit ratings to and hold capital against credit assets used to back annuities (bonds and loans).

As an Assistant Manager in this team, you'll get involved in all of these areas to maintain and improve our modelling approaches for credit risk. You'll also support the growth of the business, looking at how new asset classes should be treated: understanding their risks and how to most appropriately allow for these within our existing modelling framework.

Would you like to further develop your Actuarial career, working with and learning from experts across a range of specialisms?

Every day will be different, but things you can expect to be responsible for include:

• Understanding the risks faced from investment in our asset classes, based on your own research and discussions with experts from the investment and annuity proposition teams

• Sourcing and analysing data to quantify these risks

• Acquiring and maintaining an in depth technical knowledge of our approaches to risk modelling

• Summarising and presenting complex technical information including proposals to committees

• Creating and maintaining spreadsheet models to quantify the credit risk on assets.

What you'll bring to this role?

It’s essential that you’re:

• A nearly qualified or qualified Actuary, or have gained significant actuarial experience within a similar assumptions and methodology role

• Commercially minded

• Proficient in Microsoft Excel

And desirable that you have:

• Knowledge of R

We're searching for people who combine a growth mindset and a hunger to learn with well-honed analytical skills, attention to detail and who can communicate credibly and clearly to colleagues and stakeholders at all levels.

It's a really exciting time to join LBG. Together we'll continue our market leading, ground breaking transformation and you'll help us realise the Group’s vision. Here, you'll grow as a person and develop your career.

What will you get in return?

In addition to a competitive base salary, the position also offers:

• Discretionary Performance Share Award

• Generous pension contribution

• A flex benefits cash pot you can adjust to suit your lifestyle (4% on top of your basic salary)

• Private health cover

• Share schemes

• 28 days holiday plus bank holidays

• Flexibility on ways of working: the team is based across Edinburgh, Bristol and London, using a hybrid model to combine the best of working from home and collaborating in the office.

In return for your expertise, you’ll enjoy our total dedication to your ongoing personal and professional development.

So if you have the skills we’re looking for, we’d love to hear from you... We'll help you perform at your best today, so you can fulfil all your potential in the future. We know that success is built from the inside out through our people. Our customers’ experience and success starts with yours.

Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation.

Did you know we've won awards?

We've gained industry recognition including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Disability Forum and Top 50 Employer for Women.

Together we make it possible!

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. 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.