Actuarial Analyst Year In Industry 2024 - London

The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

Are you looking for an exciting opportunity to earn while you learn?

We are looking for a 13 month placement student working towards a numerate degree to work in our Actuarial teams in London, starting Monday 12th August 2024 for the duration of the academic year (finishing on 29th August 2025). 

This is a great opportunity for someone looking for an insight into the role of an Actuary; you don't need to currently be studying Actuarial Science although this would be advantageous. You will be exposed to all areas of pricing, modelling and analytical work. 

Please note we only accept one application per recruitment cycle for our YII placement roles so please consider ALL placement positions before applying, as your first application will be considered your only application.

You will also need to have your own valid right to work in the UK. 

Please note that this role is based in London and requires some in person working at our London office, as part of our hybrid working model. If you do not currently live within a commutable distance to the London office, you would need to relocate and unfortunately we cannot provide financial support to do this. 

The responsibilities of this role are wide ranging and you will be exposed to a wide variety of pricing, modelling and analytical work: This includes:

• Collecting and analysing market data to provide insight and aide the pricing actuaries in setting insurance prices
• Support the pricing actuaries & data scientists in product developments, commercial deals, and pricing innovations.
• Summarising performance of insurance products to present to senior management to aid in decision making.
• Develop and price new and existing products, by providing pricing expertise and any additional support as required.
• Improve current team processes by utilising data analytics.   
• Maintain appropriate documentation supporting the pricing procedures, analyses, decisions, processes, and controls.

Our ideal candidate will have the following skills, experience and attributes; 

• An interest in a career in the actuarial sector
• On track for a 2:1 in a STEM degree
• Proficient with MS Office (Excel, PowerPoint, Word, Outlook, Teams).
• Effective communication skills and ability to work as part of a team.
• Strong analytical and problem-solving skills.
• Ability to work under time pressure and independently.
• Excellent organisation skills and the ability to prioritise.
• IT and programming skills (for example R, Python, SQL) are highly advantageous 

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including 25 days holiday (excluding bank holidays), an annual supplement for private medical insurance, generous pension scheme and life assurance, We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan, and then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. 

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.