Agile Working Options

Other Agile Working Arrangements / Open to Discussion

Job Description Summary

This is an exciting opportunity for an individual with extensive experience and specialised knowledge to join the Weather Modelling Team at LBG General Insurance, to help us deliver market-leading modelling of UK weather risk. We are looking for an individual with a deep understanding of probabilistic catastrophe risk modelling, and specifically: an ability to lead and manage projects, experience in probabilistic catastrophe risk modelling of weather perils and excellent quantitative skills. A PhD, masters or proven expertise in a related discipline, experience developing UK weather models, or experience working with market-leading probabilistic catastrophe risk models in an operational environment desired. Location flexible.

Job Description

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 over five million customers, and having celebrated our 200th anniversary in 2015, Scottish Widows is one of the UK’s most trusted Life, Pensions and Investments providers.

We want to ensure this success continues and grows, and in Insurance and Wealth we contribute to this success by providing critical services to our customers and supporting them with their Insurance needs, whilst ensuring the customer is at the heart of our business.

The Group is striving to be the best bank for customers and to help Britain prosper. We're all responsible for the long-term success of the company - through our individual roles, activities and achievements. Here in Insurance and Wealth we provide critical services to our customers, supporting them with their Insurance needs, along with a focus on ensuring the customer is at the heart of our business.

Could you help us make this possible?

This is an exciting opportunity for an individual with extensive experience and specialised knowledge to join the Weather Modelling Team at LBG General Insurance, to help us deliver market-leading modelling of UK weather risk. You will lead a small team of experienced peril specialists with varied backgrounds and a shared passion for delivering high quality, science-driven modelling of risk.

Your accountabilities will include;

• Leading and working with the team to develop the LBG view of risk for weather perils for capital and pricing purposes;
• Solvency II standard Model Validation of catastrophe models;
• Evaluation of model performance, and identification of improvements following weather event occurrence;
• Working with the team to deliver climate-related stress-testing and to interrogate the baseline view of risk against climate trends;
• Communicating results to various stakeholders across the business;
• Liaising with third party vendors;
• Developing internal thinking on climate scenario analysis

What we’ll need from you;

• An ability to lead a small team of technical experts.
• A deep understanding of probabilistic catastrophe risk modelling
• Excellent quantitative and coding skills.
• Proven expertise in a related discipline, experience developing UK weather models, or experience working with market-leading probabilistic catastrophe risk models in an operational environment desired.

You’d get a benefits package that includes;

• A performance related bonus
• Generous pension contribution
• 30 Days leave plus bank holidays
• A flexible cash pot (4% of base salary) to spend on benefits
• Private health cover

We're dedicated to giving you opportunities and support to develop you both expertly and personally to optimise your potential.

As a new colleague, you’ll join us on our journey to build a 21st century bank that reflects modern Britain, and craft an inclusive culture where all colleagues feel encouraged and valued.

We're 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 support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.

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.