Lloyds Banking Group

Actuarial Intern

Lloyds Banking Group

Edinburgh, UK
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a highly analytical and detail-oriented individual looking to gain hands-on experience in the world of finance? Do you have a passion for solving complex problems and a strong aptitude for numbers? If so, we have an exciting opportunity for you as an Actuarial Intern at Lloyds Banking Group. As one of the largest and most esteemed financial institutions in the UK, Lloyds is seeking a motivated and driven intern to join our dynamic team. In this role, you will have the opportunity to work alongside experienced actuaries and gain valuable skills and knowledge in the field. To excel in this role, we are looking for candidates with a strong academic background in mathematics, statistics, or a related field, as well as excellent communication and teamwork skills. Join us at Lloyds Banking Group and kickstart your career in the world of actuarial science.

  1. Conduct financial analysis and evaluate risk for various insurance products.
  2. Assist in developing and maintaining actuarial models and databases.
  3. Perform data manipulation and validation to ensure accuracy of results.
  4. Collaborate with team members to identify and solve complex problems.
  5. Research and analyze industry trends and regulations to inform decision making.
  6. Present findings and recommendations to senior actuaries and management.
  7. Assist in preparing reports and presentations for internal and external stakeholders.
  8. Participate in training and development opportunities to enhance actuarial skills.
  9. Adhere to company policies and procedures, as well as regulatory requirements.
  10. Maintain confidentiality of sensitive information and handle data with integrity.
  11. Communicate effectively with team members and stakeholders to achieve project goals.
  12. Demonstrate a strong understanding of mathematics, statistics, and actuarial principles.
  13. Take initiative and show a willingness to learn and contribute to team projects.
  14. Meet deadlines and manage time effectively to prioritize tasks and meet goals.
  15. Represent Lloyds Banking Group in a professional and positive manner at all times.
Where is this job?
This job is located at Edinburgh, UK
Job Qualifications
  • Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.

  • Strong Analytical And Mathematical Skills.

  • Proficiency In Actuarial Software And Programming Languages Such As Sas, R, Or Python.

  • Knowledge Of Insurance And Risk Management Principles.

  • Excellent Communication And Teamwork Abilities.

Required Skills
  • Communication Skills

  • Time Management

  • statistical analysis

  • Data Analytics

  • Financial forecasting

  • Risk assessment

  • Problem-Solving

  • Mathematical modeling

  • Excel proficiency

  • Actuarial Science

  • Insurance Principles

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Problem Solving

  • Time management

  • Interpersonal Skills

  • creativity

  • Organization

  • Teamwork

  • Adaptability

Compensation

According to JobzMall, the average salary range for a Actuarial Intern in Edinburgh, UK is between £18,000 and £25,000 per year. This can vary depending on the specific company, experience level, and location within the city. Some internships may also offer additional benefits such as housing stipends or transportation allowances.

Additional Information
Lloyds Banking Group is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedDecember 15th, 2023
Apply BeforeJuly 20th, 2025
This job posting is from a verified source. 
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About Lloyds Banking Group

Lloyds Banking Group Plc is a financial services company, which provides a wide range of banking and financial services. The company operates through the following business segments: Retail, Commercial Banking, Consumer Finance, Insurance & TSB.

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