GI Risk Senior Manager
| Posting date: | 27 February 2026 |
|---|---|
| Salary: | £114,606 to £134,830 per year |
| Hours: | Full time |
| Closing date: | 13 March 2026 |
| Location: | Bristol, Bristol, BS1 5LF |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Lloyds Banking Group |
| Job type: | Permanent |
| Job reference: | 151311_1772195161 |
Summary
JOB TITLE: GI Risk Senior Manager
SALARY: £114,606 - £134,830
LOCATION(S): The candidate should work in one of our hubs in Edinburgh, Leeds, Cardiff / Newport, or Bristol.
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 office sites
Do you want to lead high‑impact GI risk oversight in a growing business where your challenge, insight and technical expertise directly influence key decisions?
About this opportunity
An opportunity has arisen in the Insurance, Pensions & Investments Risk team, focusing on our General Insurance business. Given the increasing importance of general insurance lines (mainly household but motor and pet broking) to our proposition, we are looking to bring in a Senior risk Manager to strengthen our GI oversight. The role sits in a small team reporting to the Head of Financial & Insurance Risk but would work across the department in virtual teams and with other senior stakeholders.
Day to day, you will:
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As a key player in the GI Claims and Reserving, Exposure Management, and Pricing and Performance Committees, you will actively challenge first line teams on technical provisions, reserve margins, and uncertainties, driving improvements and efficiencies-especially through smarter data use.
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You'll deliver sharp oversight and advice on pricing and performance, scrutinising models, strategies, reserving approaches and techniques, and loss trends, while challenging the business on market trends, emerging risks, and best practice.
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We expect you to support and robustly challenge strategic and commercial decisions across the business cycle, lead deep dive risk reviews into the financials of the GI business, and bring financial rigour to non-financial risk reviews.
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Your expertise will help ensure regulatory and professional compliance, and you'll play a pivotal role in shaping GI and reinsurance risk appetites.
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You would be expected to work closely and collaboratively with the first line teams and should be prepared to travel to other key hubs as needed.
Why Lloyds Banking Group
We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.
What you'll need:
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You should be an actuary or have a strong technical Risk background.
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You should have a strong background in personal lines insurance, especially household. Good connections within the general insurance market, and experience in both industry and consultancy roles would be an advantage.
Technical & soft skills:
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Proven expertise in GI personal lines reserving and reinsurance, with hands-on, up-to-date experience.
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Strong pricing skills (household or experience of sophisticated pricing approaches used on other personal lines), including advanced data analytics and price optimisation techniques.
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In-depth understanding of current and emerging regulations.
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Outstanding communicator and stakeholder manager-curious, creative, and unafraid to challenge or defend a viewpoint, yet adaptable when needed.
And any experience of these would be really useful:
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Data science capabilities are highly valued.
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GI capital modelling know-how is a real plus.
About working for us
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it's why we especially welcome applications from under-represented groups. We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know
We also offer a wide-ranging benefits package, which includes:
* A generous pension contribution of up to 15%
* An annual performance-related bonus
* Share schemes including free shares
* Benefits you can adapt to your lifestyle, such as discounted shopping
* 30 days' holiday, with bank holidays on top
* A range of wellbeing initiatives and generous parental leave policies
If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.
Proud member of the Disability Confident employer scheme