Actuarial Oversight Manager – Fixed Term Contract

Lloyds Banking Group

Actuarial Oversight Manager for overseeing and challenging third-party actuarial calculations in life and pensions. Collaborating with stakeholders to ensure quality actuarial outputs and processes.

Posted 6/30/2026full-timeBristol • 🇬🇧 United KingdomMid-LevelSenior💰 £89,739 - £99,710 per yearWebsite

About the role

Key responsibilities & impact

Providing effective actuarial oversight and challenge of third-party actuarial calculations, processes and controls
Reviewing and assessing the quality, completeness and appropriateness of actuarial outputs, ensuring they meet internal standards and external requirements
Supporting improvements in the control framework, including documentation, governance, issue management and remediation activities
Developing a strong understanding of data flows, administration systems and end-to-end processes supporting legacy life and pensions business
Identifying risks, issues and emerging themes, and escalating or advising appropriately with clear, evidence-based insight
Working collaboratively with third-party providers, and other internal teams
Communicating complex actuarial and technical matters clearly to a range of audiences, including non-specialists
Contributing to continuous improvement of oversight approaches, tools and ways of working
Supporting knowledge-sharing and capability development within the actuarial oversight community

Requirements

What you’ll need

Qualified Actuary (FIA / FFA or equivalent)
Experience applying actuarial judgement within life insurance and/or pensions, ideally including legacy books of business
A strong understanding of actuarial calculations, as applied to life and pension products, with the confidence to provide constructive challenge

Benefits

Comp & perks

flexible working
extensive benefits package

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Actuarial OversightQuality AssessmentControl Framework ImprovementData Flow UnderstandingRisk IdentificationIssue ManagementDocumentation GovernanceContinuous ImprovementTechnical Communication

Soft Skills

Collaborative WorkKnowledge Sharing

Certifications

Qualified Actuary (FIA / FFA)