End Date

Monday 20 April 2026

Salary Range

114,606 - 134,830

We support flexible working click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share, Reduced Hours

Job Description Summary

Were looking for a senior manager who is passionate about setting direction, energised by change, and motivated by the opportunity to shape how actuarial insight supports better decision making. Youll join the Actuarial Assumptions, Insights and Models (AAIM) team within Insurance, Pensions & Investments (IP&I) Financea collaborative, outcomes focused team that values diverse perspectives, strong relationships and a growth mindset.

Job Description

Senior Actuarial Manager Actuarial Assumptions, Insights & Models
Location: Edinburgh or Bristol
Hybrid pattern: Hybrid working, 40% (or two days) per week in an office site

About the role

Were looking for a senior manager who is passionate about setting direction, energised by change, and motivated by the opportunity to shape how actuarial insight supports better decisionmaking. Youll join the Actuarial Assumptions, Insights and Models (AAIM) team within Insurance, Pensions & Investments (IP&I) Financea collaborative, outcomesfocused team that values diverse perspectives, strong relationships and a growth mindset.

This is a highprofile role leading the Actuarial Function Support and Capital Insights team within AAIM. Youll build a broad view of actuarial practice, capital and risk management, and help shape how we workmodernising delivery by embracing new technology. Youll have regular contact with senior leaders and build strong relationships across IP&I.

What youll be doing

Strategic leadership & people development

• Youll be accountable for setting direction, prioritising delivery, and developing future actuarial leaders, while remaining close enough to the work to challenge, coach and influence outcomes.
• Lead and develop a team of c.9, encouraging a curious learning culture and growth mindset.

Chief Actuary support & regulatory insight

• Lead the production of key actuarial reports (including the ORSA, Actuarial Function Report, and Recovery & Resolution plans) ensuring the outputs are of high quality, wellgoverned and provide clear insight for decision making.

Capital & risk modelling oversight

• Lead SUK Risk Calibration reporting and related governance, ensuring methodologies are understood and impacts are clearly communicated.
• Drive ongoing development of models and tooling to improve efficiency, control and insight.

Baselining oversight

• Own the baselining framework and delivery plan, including setting targets and reviewing, challenging and signing off exercises.

Essential skills & experience

• Qualified Actuary (or equivalent experience) with strong postqualification experience
• A strong understanding of Solvency II / Solvency UK concepts and requirements
• A desire to improve ways of working including a proactive approach to utilising the benefits from new technology.
• Strong people leadership and coaching skills, creating a motivated, inclusive and highperforming team culture.
• Strong stakeholder management skills, with the credibility to influence senior stakeholders and committees.
• Ability to communicate complex topics clearly and concisely - both in written reports and in committee settings.
• Experience collaborating across IP&I and building effective, trusted networks.

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

Ways of working

We support hybrid working and are happy to discuss flexible arrangementsincluding reduced hours and job share. If youre interested in job sharing, please apply jointly or indicate your interest; we can help you explore matches via the Groups jobshare register.

Were inclusive by design

Were committed to inclusive hiring. If you have a disability, longterm health condition or are neurodivergent, well make reasonable adjustments to support you through the process. Candidates who meet the essential criteria and are part of the Disability Confident Scheme will be offered an interview.

Ready to apply?

Please submit your application via Workday.

Helping Britain Prosper  join us in crafting the future of actuarial excellence!

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 were building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.