At a Glance
- Tasks: Analyse data and design models to improve customer outcomes in insurance and pensions.
- Company: Join Lloyds Banking Group, a leader in diversity and inclusion.
- Benefits: Competitive salary, generous pension, flexible working, and 28 days holiday.
- Other info: Dynamic hybrid work environment with excellent career growth opportunities.
- Why this job: Make a real impact on customers while developing your actuarial skills.
- Qualifications: Qualified or partly-qualified Actuary with strong Excel and analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
End Date: Friday 26 June 2026
Salary Range: £0 - £0
We support flexible working – click here for more information on flexible working options.
Flexible Working Options: Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours.
HOURS: Full Time (will consider reduced hours)
SALARY: Competitive package available
LOCATION: Edinburgh
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week or 40% of our time at our Edinburgh office.
Do you want to join a team where your expertise directly improves outcomes for customers across a range of insurance and pension products? Join our collaborative, Agile team where your technical skills will shape fair, accurate solutions and drive continuous improvement in how we put customers first.
What you’ll be doing:
- As an Actuary in the Customer Solutions Lab, you'll play a key role in delivering good outcomes for customers by supporting the resolution of issues across a range of insurance and pension products.
- You’ll analyse data, design and run models to calculate redress and corrected policy positions, and provide expert input into customer treatment approaches.
- Working in an Agile project team, you’ll ensure calculations are accurate, well-controlled, and compliant with actuarial standards, while contributing to continuous improvement in how we deliver efficient, high-quality solutions.
What we’re looking for:
- Qualified or partly-qualified Actuary.
- Strong technical ability in analysing problems, determining solutions and specifying and building calculations.
- Strong Excel modelling skills.
- Pensions and/or life assurance product knowledge.
- Experience working in an Agile project environment is beneficial.
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
This is a place for you. Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
Ready to make an impact? Apply today.
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 keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.
We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 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.
Actuarial Assistant Manager, Customer Solutions in Edinburgh employer: Lloyds Bank
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work environment in the heart of Edinburgh. Our commitment to flexible working arrangements, comprehensive benefits including a generous pension contribution and wellbeing initiatives, alongside ample opportunities for professional growth, ensures that our employees can thrive both personally and professionally. Join us to make a meaningful impact while enjoying a collaborative culture that values diversity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Assistant Manager, Customer Solutions in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyds Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Assistant Manager, Customer Solutions in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyds Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyds Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lloyds Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyds Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyds Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyds Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
