Credit Officer - Insurance - Financial Institutions

End Date

Thursday 19 March 2026

Salary Range

£89,739 - £99,710

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Flexibility in when hours are worked, Hybrid Working, Job Share

Job Description Summary

JOB TITLE:  Credit Officer, FI Credit - Insurance
LOCATION: London
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.

Job Description

We are currently seeking a dynamic and enthusiastic individual to join our Insurance team as a Credit Officer. This role involves conducting comprehensive credit analysis and making well-informed recommendations on lending, trading limits, and internal ratings for our Insurance client base.

About the team:

FI Credit is an exciting place to work. We are curious and friendly. We challenge existing ways of working and seek ways to simplify and automate, so we can focus on what matters. We collaborate closely with Coverage and Product teams and view ourselves as business enablers. We are passionate about risk management and dedicated to supporting our business partners in building sustainable and long-lasting client relationships.

About this Opportunity:

As a Credit Officer in FI Credit - Insurance, you will have a primary focus in the Insurance (Brokers, Life insurance, Non-life insurance, Lloyd's of London). Initially your responsibilities will include credit analysis and recommendations on lending, trading limits, and internal ratings for clients. Over time, we aim to empower you with delegated credit authority, enabling you to make important decisions on the insurance portfolio.

Here's where you’ll make a difference:

-    Manage your own portfolio and use your insight to incorporate a forward view of horizon risks in your credit papers and discussions with partners.

-    Proactively contribute to sector strategy and appetite, credit policies and processes for your own and the wider sector portfolio.

-    Build positive relationships to become a trusted business partner for our well-regarded Coverage and Product colleagues and help drive collegiate working across FI Credit.

-    Take ownership of data integrity and champion simplification initiatives.

What you’ll need:

- In-depth knowledge of the Insurance sector and its dynamics.

- Robust understanding of financial and non-financial analysis of Insurance firms.

- Formal Credit and Insurance sector training preferred.

- Sound understanding of banking products extended to insurance firms and their credit risk assessment.

- Self-motivation with a strong willingness to learn. Able to quickly up-skill in relation to new products, sectors and changes in the external environment.

- Strong written and oral communications skills. Able to present complexity in an understandable way.

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.

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 aim for our people to feel that they belong and can be their best, regardless of background, identity or culture.

If you’d like reasonable adjustments to our recruitment process, just let us know. 

This is a once in a career opportunity to help shape your future as well as ours.

Join us and grow with purpose!

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.