Job Description

End Date Thursday 25 September 2025
Salary Range 0 - 0
Flexible Working Options Hybrid Working, Job Share
Summary See below

JOB TITLE: Associate Director - Insurance Coverage
LOCATION: London
HOURS: Full Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least three days per week, or 60% of our time, at our London office.
About this opportunity
We currently have a fantastic opportunity for an Associate Director to join our Insurance coverage team. Our team sits within the Institutional client coverage business within Commercial and Institutional Banking ('CIB') operating across the UK and North America.
You'll support the Insurance team achieve our growth strategy and help grow the Insurance business by building strong sustainable relationships, allowing us to improve and grow income generation whilst effectively handling risk.
The Insurance team is one of the leading providers of commercial banking products to the global insurance sector. Our team, operating in London and New York, holds extensive relationships with the senior management teams of Life and Non-life insurers and insurance brokers across the UK, Europe, Bermuda, and North America.
The team is multi-disciplined, with our clients using the full suite of commercial banking products ranging from complex loan financings, Cash Management Solutions and Debt Capital Markets issuances to letters of credit and hedging. We seek to support our team members and offer opportunities for all colleagues to develop.
Your accountabilities will include:

• Lead and support a designated portfolio of client relationships. Identify and satisfy client needs in the most appropriate way whilst meeting our credit, conduct and commercial requirements.
• Collaborate closely with product and delivery partners across the Bank to market the full range of the Bank's products to clients.
• Lead and support lending transactions from initial identification through to negotiation, credit approvals and execution.
• Explore ways to meet client requirements and find opportunities to develop further income, recommending and implementing the appropriate solutions.
• Support and develop business leads and introductions, as appropriate, improving business growth for the Group.
• Develop an external network of professionals practicing in the insurance industry who can assist the Bank in developing its business.

Why Lloyds Banking Group?
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. Including you.
What we need from you:

• Knowledge of the wider business, economic and market environment in which the Insurance and Institutional Coverage business operates.
• A background developing strong and trusted client relationships across C-Suite, Treasury and Senior Management to help support a growth agenda.
• Ability to identify, assess, supervise, control, and mitigate risks. An understanding of the main risks facing the business and the role the individual plays in handling them, including regulatory risk and credit risk.
• A curiosity about supporting the line management and development of junior colleagues.
• Ability to interpret financial information and suggest appropriate solutions for clients. Identify key issues based on information and put in place appropriate controls and measures.

And any experience of these would be useful:

• Knowledge of the insurance industry and specialist lending structures would be highly beneficial.

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

Ready to start growing with purpose? Apply today.
This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing 'significant harm' to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks
As a certified colleague your details will be published on the FCA's Financial Services Register
This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook
The Person ("P") performs the client-dealing FCA certification function for a firm if:(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2) those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person;in a manner substantially connected with the carrying on of regulated activities by the firm.
If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook(1) The function of managing or supervising a certification employee, directly or indirectly, is an FCA-specified significant-harm function.(2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.
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.

Skills Required