Actuarial Methodology & Advice Manager

Embark on a pivotal role within the Actuarial Methodology and Advice team at Lloyds Banking Group. This opportunity offers a chance to shape the future of a leading UK financial institution by developing influential risk modelling methodologies and providing strategic insights. If you're a qualified actuary or possess a comparable quantitative qualification and are passionate about driving strategic growth, optimising risk management, and ensuring regulatory compliance, this role presents a significant career advancement.

Key Advantages for Candidates:

• Impactful Role: You will be instrumental in shaping business strategy and driving significant improvements in risk management and regulatory adherence, contributing directly to the company's success.
• Strategic Influence: The role demands insights that inform critical business decisions, including hedging strategies and market positioning, offering a direct line of influence on executive-level thinking.
• Professional Development: As a qualified actuary or equivalent, you'll leverage and expand your expertise in risk modelling, economic assumptions, and regulatory frameworks (Solvency II, IFRS9, IFRS17).
• Collaborative Environment: Become part of an inclusive team with diverse specialisms, fostering a culture of collaboration, challenge, and mutual growth.
• Flexible Working: The organisation champions a hybrid working model, requiring a minimum of two days per week in the office (40% of your time), offering a balance between in-person collaboration and remote flexibility.
• Career Growth: Lloyds Banking Group is investing in its people, data, and technology, creating an environment ripe for innovation, learning, and career progression.
• Comprehensive Benefits: A generous benefits package includes a significant pension contribution (up to 15%), annual performance bonuses, share schemes, a substantial holiday allowance (30 days plus bank holidays), and robust wellbeing and parental leave policies.
• Commitment to Diversity & Inclusion: Lloyds Banking Group is dedicated to fostering an inclusive workplace where everyone can thrive. They are a Disability Confident Leader, guaranteeing interviews for qualified applicants with disabilities and offering reasonable adjustments throughout the recruitment process.

Key Considerations for Candidates:

• Technical Expertise: A strong foundation in risk modelling techniques, particularly economic risks, coupled with statistical and data analysis skills, is essential for developing credible methodologies.
• Regulatory Understanding: Familiarity with Solvency II, UK regulations, IFRS9, and IFRS17 is crucial for understanding and influencing the capital and balance sheet dynamics of the business.
• Exceptional Communication Skills: The ability to articulate complex technical concepts to diverse audiences, including executive leadership, both verbally and in writing, is paramount. You'll need to translate technical findings into actionable business insights.
• Networking and Relationship Building: Success in this role hinges on your ability to build and maintain trusting relationships across multiple teams within the organisation.
• Project Management: Strong planning and project management skills are required to effectively deliver change initiatives involving various stakeholders.
• Location: The primary office location is Edinburgh, with an additional option in Bristol. Candidates should be prepared to work a hybrid model, spending at least 40% of their time in one of these offices.

This Managerial position offers a dynamic and rewarding career path for a quantitative professional looking to make a substantial impact within a reputable and forward-thinking financial services organisation. It's an ideal opportunity to blend technical acumen with strategic thinking in a supportive and inclusive environment.