At Lloyds Banking Group, we have a clear purpose: Helping Britain Prosper and becoming the best bank for customers, colleagues and shareholders. What we do makes a genuine difference to families, businesses and communities. Finance is key to that success by securing and building the financial strength and performance of the Bank.

You'll be joining us working with Insurance Finance, within the Credit and Actuarial Development Team. We're responsible for how we value, assign credit ratings to and hold capital against credit assets used to back annuities (e.g. bonds and loans).

As an Assistant Manager in this team, your focus will be on supporting the growth of the business, looking at how new asset classes should be treated: understanding their risks and how to most appropriately allow for these within our existing modelling framework. Your remit will also include driving continuous improvement within the team to ensure that ongoing maintenance of methodologies, calibrations and models remains efficient.

Our team works out of our London and Edinburgh hubs, therefore ideally you'll be based a commutable distance from one of these areas however, location can be flexible for this role due to new ways of working. We work in a hybrid model, splitting our time between the office and working from home but colleagues have flexibility to choose where they work from.

Would you like to further develop your Actuarial career, working with and learning from experts across a range of specialisms?

• Every day will be different, but things you can expect to be responsible for include:

• Understanding the risks faced from investment in a new asset class, based on your own research and discussions with experts from the investment and annuity proposition teams

• Sourcing and analysing data to quantify these risks

• Acquiring and maintaining an in depth technical knowledge of our approaches to risk modelling

• Summarising and presenting complex technical information

• Writing clear proposals for how to allow for new assets within our modelling framework and seeking feedback and input from others across the business

What you'll bring to this role?

It's essential that you're:

• A nearly qualified or qualified Actuary, or have gained significant actuarial experience within a similar assumptions and methodology role

• Commercially minded

• Proficient in Microsoft Excel

• And desirable that you have:

• Knowledge of R

We're searching for people who combine a growth mindset and a hunger to learn with well-honed analytical skills, great attention to detail and who can communicate credibly and clearly to colleagues and partners at all levels.

We'll give you a broad remuneration package which includes:

• Discretionary performance share bonus

• A generous pension contribution

• 28 days leave plus bank holidays

• A flex cash pot you can adjust to suit your lifestyle

• Private Health Cover

• Access to Share schemes

It's a really exciting time to join LBG. Together we'll continue our market leading, ground breaking transformation and you'll help us realise the Group's vision. Here, you'll grow as a person and develop your career.
In return for your expertise, you'll enjoy our total dedication to your ongoing personal and professional development.
So if you have the skills we're looking for, we'd love to hear from you... We'll help you perform at your best today, so you can fulfil all your potential in the future. We know that success is built from the inside out through our people. Our customers' experience and success starts with yours.

Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation.

Did you know we've won awards?

We've gained industry recognition including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Disability Forum and Top 50 Employer for Women.