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Lloyds Banking Group

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 6/29/2026full-timeBristol • 🇬🇧 United KingdomMid-LevelSenior💰 £89,739 - £99,710 per yearWebsite

Core Competencies

Role fit
Core Competencies

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Demonstrates expertise in actuarial oversight, ensuring compliance with internal standards and external requirements while effectively communicating complex actuarial concepts. Possesses strong analytical skills to identify risks and improve control frameworks within life insurance and pensions.

Highest-signal resume keywords
Qualified Actuary (FIA / FFA)Actuarial JudgementActuarial CalculationsLife Insurance ExperiencePensions Experience

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills
Actuarial OversightQuality AssessmentControl Framework ImprovementData Flow UnderstandingRisk IdentificationIssue ManagementDocumentation GovernanceContinuous ImprovementTechnical Communication
Soft Skills
Collaborative WorkKnowledge Sharing
Certifications & Qualifications
Qualified Actuary (FIA / FFA)
Industry Keywords
Life InsurancePensionsLegacy BusinessActuarial OutputsGovernance

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