Assistant Manager - Bulk Annuities Proposition, Open to flexibility

Bristol, South West England
£47,709 - £55,660 per annum + benefits
11 Apr 2018
27 Apr 2018
Lloyds Banking Group
Contract Type

Assistant Manager - Bulk Annuities Proposition, 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 role is in a newly created Insurance Finance team which has been set up to support our growing Bulk Annuities Business.

As Assistant Manager within the team you'll have a role that matters. The primary focus of the role will be to perform the actuarial calculations required so that members of defined benefit schemes can exercise the options available to them. Including, but not limited to, early retirement, pension commencement lump sum, late retirements and transfer values. Within this role you'll get a great opportunity to input your ideas and help shape how this team, and its processes, operate and evolve over time.

In addition, as part of the Finance Bulk Annuities Proposition team, you'll get exposure to the wider teams that are involved in the lifecycle of a Bulk Annuity transaction and play a key role in 'on-boarding' new schemes.

You'll be making good progress towards qualifying as actuary and have excellent communication skills, both written and verbal and thrive in a fast moving, agile working environment. Ideally you will have experience and knowledge of the Defined Benefit pensions industry, particularly relating to member calculations and setting of the factors used in the administration of scheme benefits. Although experience in this area would be beneficial, for the right candidate they are not essentials as long as a track record for learning new skills and concepts can be evidenced.

Skills in VBA would be an advantage, but 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 offices at Bristol, Harbourside and you've the skills, knowledge and drive we're seeking then click "apply" - we'd like to hear from you.

Making you feel valued is important so we offer a highly competitive reward package - based on acting responsibly, and demonstrating our values and ethics. In addition to the salary range quoted this role offers an on target discretionary performance-related bonus, 4% of your salary paid to you in flex cash, 28 days holiday (plus bank holidays), life assurance, private medical care, share schemes and contributory pension contributions as well as the option to use your flex cash to pick from a wide range of benefits including childcare vouchers, holiday trading, matched learning fund, dental plan, retail vouchers and a range of discounted financial and protection products.

Our culture within Insurance brings together smart, talented, people from diverse backgrounds that enjoy a collaborative and innovative environment supporting flexible and agile working.

Together we make it possible.