Actuarial Assistant Manager - Open to flexibility

Edinburgh, Central Scotland
£45864 - £53507 per annum + benefits
07 Oct 2016
21 Oct 2016
Lloyds Banking Group
Contract Type

Actuarial Assistant Manager - Open to flexibility

Scottish Widows has been helping people plan their financial futures for over 200 years. It is one of the most trusted Financial Services brands in the UK with over 6m customers and over £80bn in assets under management.

The Actuarial Rectifications team plays key roles in ensuring customers' policies are managed in line with the policy provisions, policyholders' expectations and FCA requirements. In joining this team you'll play a role that really matters - ensuring customers are treated fairly.

Working in a collaborative team, you'll support the actuarial input into a number of important projects. You'll analyse different remediation approaches and writing options papers, ensure treating customer fairly (TCF) issues, cost implications and practical constraints are taken into account when formulating solutions.

You'd also perform remediation calculations for policies and checking calculations, building models in Excel or Access, determining approaches to non-standard cases, writing calculations specs, testing IT models and handle queries relating to the use of the models. The role offers the opportunity to rotate into other Actuarial teams, giving further development and breadth of knowledge across Insurance Finance.

You'll be a nearly Qualified or Qualified Actuary. You'll also have advanced Microsoft Excel skills with the ability manage and prioritise work commitments, good stakeholder management skills and excellent communication skills.

You may have some Life and Pensions experience with good knowledge of Insurance Products, however this is not essential.

Being a part of Lloyds Banking Group offers opportunity for progression and development, so if you're looking to work for one of the largest Financial Services organisations in the UK appeals, based at our attractive offices at Edinburgh, Port Hamilton and you've the skills and knowledge and drive we're seeking then click "apply" - we'd like to hear from you.

In return we'll offer you a competitive package which includes salary, bonus, generous pension contribution, a study package if required and flex cash to spend on a host of benefits to suit your lifestyle. We have a long track record in flexible working and we're always open to new ways to improve our people's work-life balance.


Please click Apply to continue.