actuarial graduate in edinburgh

posted
06 March 2019
contact
rhiannon jones, randstad business support
job type
temporary
salary
£ 10 - £ 11 per hour
apply now

posted
location
edinburgh, scotland
specialism
financial services
sub specialism
Accountancy and Finance
job type
temporary
working hours
Full-Time
salary
£ 10 - £ 11 per hour
reference number
9165-1
contact
rhiannon jones, randstad business support
apply now

job description

Could you help Lloyds Banking Group become the best bank for customers? As one of the UK's leading financial services Groups, Lloyds Banking Group is currently seeking motivated and enthusiastic individuals to become a part of their Actuarial Rectifications team.

As one of the UK's largest financial services groups, Lloyds Banking Group offer the scale and reach that could support your aspirations.

Purpose of Role:

The Actuarial Rectifications Team play a key role in ensuring that policies are managed in line with the policy provisions, policy holders' expectations and FCA requirements.

The key purpose of the role is to assist the team with additional actuarial input into a number of important projects including:



* Analysing different remediation approaches and writing options papers
* Writing calcs specs
* Building models in Excel or Access
* Testing IT models
* Performing remediation calculations for policies and checking calcs
* Handling queries relating to the use of the models
* Determining approaches to non-standard cases.
* Ensuring TCF issues, cost implications and practical constraints are taken into account when formulating solutions.
* Reviewing and writing report documents relating to the project.

Key competencies, knowledge & skills:



* Strong technical ability in analysing problems, determining solutions and specifying calculations
* Pensions and life assurance product knowledge preferred but not essential
* Previous company-wide project experience preferred
* Effective written and verbal communication skills
* Effective influencing skills
* Strong Excel skills
* Attention to detail

Benefits:



* As a Lloyds Banking Group actuarial trainee you will join our Actuarial Graduate Programme and study towards becoming a Fellow of the Institute and Faculty of Actuaries (IFoA).
* Our proven, market leading, study support and mentoring package will provide to you with the help you need to progress quickly through the IFoA exams.
* Opportunity to pursue a permanent position in the Actuarial Team

Lloyds Banking Group is committed to supporting their customers and their colleagues. Take the opportunity to learn, grow and develop with a role at Lloyds Banking Group.

Randstad Business Support is acting as an Employment Business in relation to this vacancy.

skills

accruals

qualification

postgrad

educational requirements

university