Pricing Actuary

End Date Wednesday 19 August 2026 Salary Range £89,739 - £99,710 We support flexible working –  for more information on flexible working options Flexible Working Options Hybrid Working, Job Share

Job Description Summary .

Job Description

JOB TITLE:

Pricing Actuary SALARY: £89,739 - £99,710 LOCATION(S):
Bristol & Edinburgh

HOURS:

Full-time WORKING PATTERN:
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our offices.

About this opportunity At Lloyds Banking Group, we’re motivated by a clear purpose - to Help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. In an ever-changing market we need to be able to continually innovate and evolve our products and services. Strong support and advice from our pricing actuaries is at the forefront of this: that’s where you come in!

The Pricing team within Actuarial Methodology and Advice plays a key role in supporting the pricing of our insurance and investment products. This includes ensuring that our Pricing Methodology, Models, Tools and Processes are maintained to a high standard, are accurate and fit for purpose. We are a customer focused team, with a strong focus on delivering value-adding advice to our stakeholders as well as efficient and user-friendly tools.

Our team works out of our Edinburgh and Bristol hubs therefore we’ll need you to be based a commutable distance from one of these areas. We work in a hybrid model, splitting our time between the office and working from home.

• Partnering with stakeholders to understand their needs and identify where pricing tools, models and methodologies can best support sustainable growth
• Acting as an SME to commercial pricing & platform teams and proposition projects, supporting pricing decisions and analysis across products
• Effectively and efficiently setting pricing assumptions, maintaining consistency with reporting assumptions where appropriate, applying expert judgement and insight-backed justification
• Designing and implementing innovative, robust and well-controlled solutions that improve pricing capability – this includes pricing models and trigger-based assumption reviews, developing and enhancing methodologies for existing and new pricing models, using tools such as Python, R, and , supporting the implementation and continuous improvement of the pricing framework, building insight across a broad range of products and propositions, using data to optimise pricing solutions, ensure pricing reflects underlying risk and support the delivery of strong business outcomes

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference. With 320 years under our belt, we're used to change, and today is no different.

Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your…