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Senior Pricing Analyst - Retail Annuities

  1. London
  2. Full-time
  3. Actuary

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Company Description

Life can sometimes be unpredictable, and it pays to plan ahead.

Our aim at Legal & General Retail is to help our customers plan for the unexpected, achieve financial security for their tomorrow, and protect everything that’s important to them.

To better understand our customers and meet their needs, we’ve brought our protection, retirement income, savings, lending and advice, fintech and mortgage businesses under one umbrella.

Created at the start of 2022 through the merging of our long-standing and trusted retail retirement and insurance businesses, we’re a fast-growing division with big, customer-centered ambitions. 


Job Description

We currently looking for a Senior Pricing Analyst to join our Retail Annuity Pricing Team here at L&G. 

As a Senior Pricing Analyst you will carry out a range of technical actuarial pricing tasks that will support and further develop our pricing strategy. This will include regular re-pricing activity, assisting with the development of the tools and systems used by the team and producing regular MI to ensure that risk and financial metrics are being accurately monitored.

You will also get the opportunity to take the lead on pricing projects and provide crucial actuarial support to the operational new business quotation teams where needed. As well as having the opportunity to manage, coach and develop more junior members of the Retail Annuity Pricing Team in this varied and exciting role. 

This role would be ideal for a Part Qualified Actuary who has made good progress through the IFoA Exams and also has a couple of years of Industry Experience to draw upon. 

This is a hybrid working opportunity based from our Coleman Street Offices in London, which will allow you to work from both your home and the office to find a work/life balance that suits you.


Qualifications

  • An actuarial student who is making good progress through the IFoA Exams.
  • Preferably 3 years+ of relevant Actuarial work experience (ideally in a Life/Pensions capacity).
  • Experience/knowledge of Microsoft Excel, with basic VBA knowledge highly preferred.
  • Basic knowledge of pricing metrics and principles.
  • A commercial outlook, with pre-existing knowledge or the thirst to acquire knowledge of the individual annuity market.
  • Initiative in applying problem solving and analytical skills.
  • Good personal planning and organisational skills.
  • Ability to communicate clearly and explain complex details to stakeholders within and outside the team.
  • Ability to question results for reasonableness and refer to more experienced staff where appropriate.
  • Strong leadership skills would be an advantage, however, are not a pre-requisite for the role.

Additional Information

  • Competitive Salary + Actuarial Study Support
  • Annual Performance Related Bonus
  • Holiday Allowance – 25 days plus all UK bank holidays
  • Pension Contribution – L&G match any personal contributions up to 5% and provide a further contribution of 5%
  • Private Medical Insurance
  • Life Insurance
  • Income Protection
  • Smart Spending – which gives you access to vouchers/shopping discounts.

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.

Great news! We will let you know when a new job like this has been added!

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What we do?

There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions.

And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.

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