TL;DR

Enhanced Annuities Senior Manager (Fintech): Creating and delivering a strategy to grow in Enhanced Annuities, improving the understanding of the market and developing longevity assumptions. Focus on identifying opportunities for growth and implementing best practices within the enhanced annuity and longevity reinsurance market.

Location: Edinburgh or Bristol. Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of the above office sites.

Company

Lloyds Banking Group is a pioneering, fast-changing business that’s shaping finance as a force for good.

What you will do

  • Create and deliver a strategy to help us grow in Enhanced Annuities.
  • Develop and improve our understanding of the market within the Group.
  • Help form a cross-department community to help deliver an enhanced annuity strategy and commercial focus.
  • Share and implement best practices 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.
  • Work with our reinsurance/underwriting partner to identify win-win opportunities through collaboration.

Requirements

  • Longevity experience in the Enhanced Annuity market, either from a provider or reinsurer, with experience of setting and monitoring assumptions.
  • 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.

Culture & Benefits

  • The company is committed to creating an environment in which everyone can thrive, learn, and develop.
  • Play a vital role in our ongoing success.