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Actuarial Assistant Manager - Flexible Working Available

Employer
Lloyds Banking Group
Location
Bristol
Salary
£47709 - £55660 per annum + benefits
Closing date
26 Nov 2018

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Job Details

At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best bank for our customers. What we do makes a genuine difference to families, businesses and communities and we are playing a central role in creating a thriving UK economy.

Here in Actuarial Products we work in partnership with colleagues around the business to deliver key strategic and regulatory change for the Life and Pensions (L&P) business. You'll be involved in supporting the longstanding European book of L&P business, the IFS business. This is mainly business sold to German, Austrian and Italian customers. You'll understand how our products work and how our customers use our products. You'll use this understanding along with your actuarial skills and experience to provide technical support to the business. The work you do supporting your colleagues and our 3rd party service providers will have a direct impact on improving the customer experience.

Typical activities for the team include:

* Acting as a key stakeholder in change projects, engaged in decision making, specifying requirements and testing system outputs,
* Design and document calculation requirements for changes to policy administration systems.
* Assisting in the drafting and reviewing of policyholder documentation and customer communications,
* Providing specialist actuarial support and skills to a range of stakeholders to help problem solve issues, reply to customer queries and manage unexpected challenges that arise.
* Providing actuarial and product knowledge to senior management within the European business, the Propositions areas, and to 3rd party outsourcing partners who administer the business.

You'll be a recently qualified actuary, part qualified actuary or have a strong actuarial background, with knowledge of Life and Pensions products. You'll have strong analytical skills, keen attention to detail and an appetite to learn about our European products and customers. You'll need good interpersonal skills, and the ability to work collaboratively and build good relationships with colleagues from other business areas and staff from our 3rd party service providers. You'll enjoy working independently as well as contributing as part of a small team to achieve our goals. Your skills and experience will be put to use to directly improve the customers' experience with us.

Key Skills:

* Knowledge of Life & Pensions products
* Experience of working with Change, understanding the various stages of the project cycle
* Excellent verbal and written communication skills: the ability to make the complex simple
* Strong stakeholder management skills: the ability to work collaboratively and also to challenge decisions when necessary
* Internal/External Relationships: build and maintain effective working and influencing relationships with appropriate colleagues
* Strong Excel skills: to develop and maintain excel tools
* Provide support to your Line Manager and deputise when required
* Provide actuarial support and expertise within the team as required
* People and Self Development: take responsibility for self-development
* Group Values: demonstrates Lloyds Banking Group values and behaviours and encourages this in team members.


Making you feel valued is important so we offer a highly competitive reward package - based on acting responsibly, and demonstrating our values and ethics. In addition to the salary range quoted this role offers an on target discretionary performance-related bonus, 4% of your salary paid to you in flex cash, 28 days holiday (plus bank holidays pro-rated), life assurance, private medical care, share schemes and contributory pension contributions as well as the option to use your flex cash to pick from a wide range of benefits including childcare vouchers, holiday trading, matched learning fund, dental plan, retail vouchers and a range of discounted financial and protection products.

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 committed to the principles of agile working and we'll be pleased to consider applications from candidates wishing to work any flexible arrangement. We're proud of the industry recognition we have received, 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.

We're an equal opportunity employer and deeply value diversity within our organisation.

Company

We’re creating an organisation that attracts, retains and develops the best talent in the industry, and one that openly embraces diversity too. But more than that – we want to be a great place to work. We invest in our people, offering the best training and coaching, and by encouraging them to contribute to our leading corporate and social responsibility practices. We offer flexible working hours and days, under our Work Options scheme. This means that you can have a challenging and rewarding career, and still have an ideal work/life balance.

Flexible working is at the heart of our strategy. We’re re-imagining where, when, and how our people work, with new approaches designed to meet the ever-changing needs of customers and colleagues. These include increasing our use of remote-working tools and technology, as well as placing less reliance on a 9-to-5 mindset. For many of our office-based colleagues, we work in hybrid ways which involves spending at least two days per week or 40% of their time at one of our office sites.

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