At a Glance
- Tasks: Join our Agile team to analyse data and improve customer outcomes in insurance and pensions.
- Company: Revolutionary finance company focused on diversity and inclusion.
- Benefits: Competitive salary, generous pension, flexible working, and 28 days holiday.
- Other info: Hybrid working model with excellent career growth and wellbeing initiatives.
- Why this job: Make a real impact while developing your actuarial skills in a supportive environment.
- Qualifications: Qualified or partly-qualified Actuary with strong Excel and analytical skills.
The predicted salary is between 50000 - 60000 £ per year.
We're rebooting an icon and building the future of finance. Find out why you should join us.
Agile Working Options: Job Share; Reduced Hours; Flexibility in when hours are worked; Hybrid Working
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.
Benefits:
- 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.
Actuarial Assistant Manager, Customer Solutions employer: LLOYDS BANKING GROUP
Join a forward-thinking company in Edinburgh that prioritises employee well-being and professional growth. With a hybrid working model, generous benefits including a 15% pension contribution, and a commitment to diversity and inclusion, we foster a collaborative environment where your actuarial expertise can truly make a difference. Experience a culture that values flexibility, continuous improvement, and the opportunity to shape customer solutions in the insurance and pension sectors.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Assistant Manager, Customer Solutions
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like LLOYDS BANKING GROUP). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like LLOYDS BANKING GROUP. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Assistant Manager, Customer Solutions
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at LLOYDS BANKING GROUP.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at LLOYDS BANKING GROUP. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at LLOYDS BANKING GROUP to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at LLOYDS BANKING GROUP, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding LLOYDS BANKING GROUP's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
