Chief Actuary

Lloyds Banking Group

General Insurance Chief Actuary at Lloyds Banking Group directing actuarial professionals. Crafting operating models to provide business insight, control, and thought leadership.

Posted 6/5/2026full-timeBristol • 🇬🇧 United KingdomLead💰 £156,681 - £184,330 per yearWebsite

About the role

Key responsibilities & impact

Directs a team of actuarial professionals
Crafts the operating model and works closely with participants
Supports business planning and decisions by providing insight, control, and thought leadership
Responsible for delivering elements related to reserves, capital, and liquidity
Maintains and improves processes and models
Provides pricing and underwriting support
Delivers regular and ad hoc insightful information to influence business decisions
Contributes to the strategic direction of the General Insurance business
Leads actuarial projects or provides actuarial advice to corporate projects

Requirements

What you’ll need

Qualified actuary with extensive experience of GI pricing, capital (quantification, reporting, management and monitoring), reserving (including claims processes and reserve monitoring/setting)
Liquidity management and ALM Business Planning experience, especially stress and sensitivity
Entity / Reinsurance structure knowledge
Sound knowledge of market consistent techniques, policies/risk appetite, SII Internal Model and its calibrations, SII legislative requirements, the wider regulatory context and practical implications
Track record of explaining sophisticated technical matters to broader senior audiences
Ability to have difficult conversations at any level in the Organisation, provide constructive challenges and effective oversight of significant/sophisticated businesses
Delivering sophisticated projects across different functions; taking practical decisions to deliver what’s required on time and within budget.
Leading others through change

Benefits

Comp & perks

A generous pension contribution of up to 15%
An annual performance-related bonus
Share schemes including free shares
Benefits you can adapt to your lifestyle, such as discounted shopping
30 days’ holiday, with bank holidays on top
A range of wellbeing initiatives and generous parental leave policies

ATS Keywords

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Applicant Tracking System Keywords

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

Hard Skills & Tools

GI pricingcapital quantificationcapital reportingcapital managementcapital monitoringreservingclaims processesreserve monitoringliquidity managementALM Business Planning

Soft Skills

thought leadershipcommunicationconstructive challengesoversightproject managementchange managementinfluencing decisionsteam leadershipproblem-solvingstakeholder engagement

Certifications

Qualified actuary