Lloyds Banking Group

Senior Manager – Enhanced Annuities

Lloyds Banking Group

full-time

Posted on:

Location Type: Hybrid

Location: London • United Kingdom

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Job Level

Senior

About the role

  • Create and deliver a strategy to help us grow in Enhanced Annuities
  • Develop and improve our understanding of the market within the Group and develop longevity assumptions and methodologies that allow us to benchmark our current proposition
  • Help form a cross-department community to help deliver an enhanced annuity strategy and commercial focus across diverse areas such as Product Management, Finance, Annuity Pricing, and Demographic assumptions
  • Use your knowledge and experience of the enhanced annuity and longevity reinsurance market to share and implement best practice in the pursuit of marginal gains
  • Cooperate closely with delivery (Platform) colleagues to ensure that any process and system changes required to support enhanced annuities are suitably planned and prioritised
  • Be at the forefront of market developments, improving on latest trends and turning them into opportunities for growth
  • Work with our reinsurance/underwriting partner to identify win-win opportunities through collaboration and ensure that our relationship is managed effectively.

Requirements

  • Longevity experience in the Enhanced Annuity market, either from a provider or reinsurer
  • Direct experience of longevity reinsurance and how it can best be applied to optimise our annuity proposition
  • Familiarity with Product Management disciplines, such as the product design process, product governance
  • Familiarity with P&L management of complex products, a keen commercial focus, and ability to make analytical trade-offs
  • Qualified actuary (e.g. FIA/FFA)
  • Experience in demographic research, especially relating to longevity, mortality, or population health trends would be highly beneficial.
Benefits
  • Flexible Working Options: Hybrid Working, Job Share
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
longevity reinsuranceproduct managementdemographic researchP&L managementanalytical trade-offsmarket analysisbenchmarking methodologiescommercial strategybest practices implementationprocess and system changes
Soft Skills
collaborationcommunicationstrategic thinkingcross-department teamworkrelationship managementanalytical skillscommercial focusadaptabilityleadershipcommunity building
Certifications
FIAFFA