Senior Actuarial Analyst - PRT - Full Time or Part Time

Our multi-award-winning Pension Risk Transfer business helps the trustees of defined benefit pension schemes and their sponsoring companies to secure their member’s benefits and settle their pension obligations through buyouts and other insurance solutions (known as bulk annuities). In the last five years alone, we have secured over £30 billion of pension liabilities, protecting the retirement income of over 100,000 people. 

Your role at a glance

Do you want to come and work for a multi-award-winning team responsible for the pricing and execution of pension de-risking transactions?

Then why not come and collaborate with the Pension Risk Transfer (PRT) team who are looking for part/nearly qualified actuaries to join as a Senior Actuarial Analyst

Do you feel like you meet the requirements but require greater flexibility? We’d love to hear from you regardless; we’re open to both Full Time & Part Time applications and also support flexible working arrangements and hybrid working, so please get in touch!

What you’ll be doing

• Supervising Actuarial Analysts in providing bulk annuity and longevity quotes to pension schemes in a timely, efficient, and proactive manner ensuring that the highest level of support is provided to the Pricing Managers and Directors at all times.
• Supervising and reviewing quotations produced by Actuarial Analysts whilst seeking support from Pricing Managers or Directors for more complex or larger transactions
• Ensuring all quotes are produced with the highest level of accuracy and within Legal & General’s pricing model & over time ​be considered an expert in the use of capital and pricing models within quote production.
• Ensuring quality and governance remains of paramount importance throughout the quotes process.
• Supporting the Pricing Manager or Director in producing governance documentation and the first draft of the response to “requests for quotations” and benefit specifications.
• Working creatively throughout the quotation process to provide innovative solutions to both clients and the market that meet customers’ needs.

What we are looking for

• Part/Nearly Qualified Actuary who is making good progress through the IFoA Exams.
• Previous actuarial modelling experience through working in a consultancy environment, for a life insurer or for another de-risking provider.
• Some knowledge of Defined Benefit Pension Schemes or pricing and capital modelling.
• Previous experience of being part of a project/deal-based team, including delegation to more junior team members is highly desirable.
• Ability to work quickly and accurately, without compromising quality.
• Strong communication and interpersonal skills.
• Strong project management and time management skills.

Benefits

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 private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. 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.

Want to find out more about the role?

If this opportunity excites you but you’re not sure you meet all the requirements, or you’d like to know a bit more, please contact Oliver England at oliver.england@landg.com (LinkedIn profile: https://www.linkedin.com/in/oliver-england-7470929a/).

If you’d like to be considered for this role, please submit your application through our careers website as we’re not accepting email applications.

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.