Senior Pricing Manager - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best bank for our customers.

What we do makes a genuine difference to families, businesses and communities. Finance is key to that success by securing and buildingthe financial strength and performance of the Bank.

Insurance, Pensions & Investments helps personal and business customers with their long-term protection, retirement, and investment needs.

We support around 10 million customers with assets under administration of £155 billion and annuity payments in retirementof over £1 billion every year.

You'll be joining us within the Technical Pricing Team.

We're responsible for setting the bases for all our products, working closely with the Pricing Services teams to deliver market leading products.

As a senior actuary in this team, your focus will be on driving and delivering best in class pricing methodology and bases for bulk annuities.

This will include ensuring that pricing is appropriately consistent with profitability hurdles, capital, risk,financial reporting and operational treatments. To do this as a team we need to keep up to date with internal, industry and commercial developments.

Our team works out of our London, Bristol and Edinburgh hubs, therefore ideally you'd be based a commutable distance from one of these areas however, location can be flexible for this role.

We work in a hybrid model, splitting our time between the officeand working from home but colleagues have flexibility to choose where they work from.

Would you like to further develop your Actuarial career, at the forefront of Bulk Annuity Pricing?

On a typical day, you may be working across functions to drive the development of our pricing basis, managing the team to quantify the impact of any change, writing or reviewing a paper for a committee or working with customers to ensure the change and itsimpact is understood.

Your accountabilities will include:

Leading the development of pricing basis influencing and delivering through a virtual team
Driving thought leadership on basis development
Presenting at senior committees
Summarising and delivering complex technical information
Managing the team and influencing other teams to deliver high quality, timely results
Coaching team members to be their best
Calling out, handling and mitigating risks in a timely fashion

What you'll bring to this role?

It's crucial that you:

Are a qualified Actuary, or have gained actuarial experience within a similar role
Have pension risk transfer experience / a strong understanding of bulk annuities
Are commercially minded and have had some previous exposure to pricing activity

And desirable that you have:

Strong project management and organisational skills alongside a proven track record of delivery in high pressure environments
An understanding of longevity and funded reinsurance.

It's a really exciting time to join LBG Together we'll continue our market leading, ground breaking transformation and realise the Group's vision to become the Best Bank for Customers.

Here, you'll grow as a person and develop your career.

What you'll get in return?
In addition to a competitive base salary, the position also offers:

Discretionary Performance Share Award
Generous pension contribution
Private health cover
Share schemes
30 days holiday plus bank holidays

You'll learn new skills and be given opportunities to grow and develop to help you achieve a rewarding and fulfilling career.

We're a very supportive team who care about your wellbeing.

Our Hybrid ways of working means that you can find a work-life balancethat suits you, with a mix of home and office working.

The expectation currently is that you work a minimum of two days a week in the Office.

We're 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 support the principles of agile workingand are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.

Together we'll make it possible

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.