Actuarial Assistant Manager
- Edinburgh, Scotland, United Kingdom
- Permanent, Full time
- Lloyds Banking Group
- 21 Apr 19
Actuarial Assistant Manager
5 April 2019
Please note, this vacancy will close at 00:01am on the specified closing date rather than 11:59pm. Please ensure all applications are received before 00.01am on the specified closing date.
£47,709 - £53,010
We support agile working - click here for more information on agile working options.
Agile Working Options
Other Agile Working Arrangements / Open to Discussion
Job Description Summary
Interprets complex processes and manage the efficient and effective production of high quality output and analysis, anticipating stakeholder needs. May lead others
Scottish Widows has been helping people plan their financial futures for over 200 years. It is one of the most trusted Financial Services brands in the UK with over 6m customers and over £80bn in assets under management.
The Actuarial Rectifications Team plays key roles in ensuring customers' policies are managed in line with the policy provisions, policyholders' expectations and FCA requirements. In joining this team you'll play a role that really matters - ensuring customers are treated fairly.
Working in a collaborative team, you'll support the actuarial input into a number of important projects. You'll analyse different remediation approaches and writing options papers, ensure treating customer fairly (TCF) issues, cost implications and practical constraints are taken into account when formulating solutions.
The ability to build advanced models using a combination of SAS, SQL, Access, VBA and Excel is important in this role. You'll also perform remediation calculations for policies and check calculations, determine approaches to non-standard cases, write calculations specifications, test IT models and handle queries relating to the use of the models. The role can offer the opportunity to rotate into other Actuarial teams, giving further development and breadth of knowledge across Insurance Finance.
You'll be a nearly Qualified or Qualified Actuary, or with equivalent work experience. You'll also have the ability to manage and prioritise work commitments, good stakeholder management skills and excellent communication skills.
You may have some Life and Pensions experience with good knowledge of Insurance products, however this is not essential.
Being a part of Lloyds Banking Group offers opportunity for progression and development, so if working for one of the largest Financial Services organisations in the UK appeals, based at our attractive offices at Edinburgh, Port Hamilton and you've the skills, knowledge and drive we're seeking then click "apply" - we'd like to hear from you.
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. 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.
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.
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.