- Senior
- Ufficio in Edinburgh
End Date
Wednesday 01 October 2025Salary Range
£87,552 - £97,280We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job ShareJob Description Summary
The role of manager is pivotal within the Actuarial Methodology and Advice team, where you will be delivering influential insights and advice through developing risk modelling methodologies.You’ll be part of a team that has a high impact across the company and aims to shape the future of the business by driving strategic growth, optimising risk management, and meeting regulatory standards.
Job Description
JOB TITLE: Manager, Actuarial Methodology and Advice
SALARY: as per pay range
LOCATION: Edinburgh – New Uberior House
ADDITIONAL LOCATION: Bristol Harbourside
HOURS: Full Time, 35 hours per week
WORKING PATTERN: Our work style is hybrid, which involves spending at least
two days per week, or 40% of our time, at one of our office sites
About this Opportunity
In the Actuarial Methodology & Advice team within Insurance, Pensions & Investments Finance, we strive to shape the future of our business by developing methodologies to drive strategic growth, optimise risk management, and meet regulatory standards.
We're an inclusive team of colleagues with diverse specialisms and perspectives, who collaborate and challenge each other in driving value for the business. We want you to be part of this!
We're looking for you to bring your specialist skills around understanding market risk and setting economic assumptions, contributing to our strategy and making a difference for our business, customers and colleagues.
Why Lloyds Banking Group
We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.
Day to day responsibilities
Understand the risks the business is exposed to and identify the insights needed from risk modelling to drive decision-making.
Network and engage across the business to gain a comprehensive understanding of risk factors.
Inform the direction of risk calibrations as part of annual calibration cycles.
Identify areas for investment in new capabilities.
Ensure that insights from models are understood and utilised to drive strategy, risk management (e.g. hedging), and market positioning.
What you’ll need
Knowledge of risk modelling techniques, particularly economic risks, as well as statistics and data analysis techniques to develop credible, trusted methodologies.
Understanding of Solvency II / UK regulations, IFRS9 and IFRS17 which drive the capital and balance sheet dynamics of the business.
Communication to engage effectively with various audiences up to executive level, both verbally and in writing. You'll be able to explain and document the technical content as well as telling the story of how it relates to decision-making.
Networking across multiple teams to nurture open and trusting relationships.
Planning and project management skills to deliver change involving multiple partners.
Qualified actuary or similar quantitative qualification such as CFA Level 3, FRM, or CQF.
About working for us
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 were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, 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
30 days’ holiday, with bank holidays on top
A range of wellbeing initiatives and generous parental leave policies
Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more.
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.
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