Scottish Widows is to axe around 200 jobs following a review of its customer services division.
The job cuts are being made because ScotWids wants to consolidate the back office processing at its Chatham operation which currently employs 450 permanent staff.
All ScotWids customer-facing services will now operate out of Edinburgh and 200 permanent staff will loose their jobs as a result, with 75 of these roles being considered for offshoring to India.
A further 175 roles in the Lloyds TSB closed book back-office will be transferred to LTSB Group Operations at the end of the year.
The life office says it will endeavour to offer redeployment or a voluntary severance package but says it can not rule out redundancies.
Managing director of operations Christian Torkington says: Staff in Chatham have made an important contribution to the Lloyds TSB Group, and Scottish Widows in particular, and we acknowledge that the proposed changes will have a significant impact on individuals.
Amicus National Secretary David Fleming says: Amicus does not want to see Scottish Widows disappear in a death by a thousand cuts. We are engaging with the company regarding its longer term offshoring strategy. Although there are no compulsory redundancies on this occasion, we want to send a clear message that the union takes a zero tolerance approach to compulsory redundancies from offshoring.